Context Is Everything

The author presents measures with which to map institution building during the transition from centrally planned to market economies. Data collection and indicators are measured in terms of five institutional dimensions of governance: a) accountability; b) quality of the bureaucracy; c) rule of law; d) character of policy-making process; and e) strength of civil society. The author highlights the differences over time and between Central and Eastern European countries and those of the former Soviet Union. In terms of effects of per capita income and school enrollment, he finds the rule of law to be the most important institutional dimension, both for the sample as a whole and for differences between the two regions. In terms of life expectancy, however, the quality of the bureaucracy plays the most crucial role. One important message the author draws from the results is that institutions do change over time and are by no means as immutable as the literature has suggested. The range of feasible policy choices (for changing institutions) may be much wider than is often assumed.

Saved in:
Bibliographic Details
Main Author: Campos, Nauro F.
Format: Working Paper biblioteca
Language:English
en_US
Published: World Bank, Washington, DC 2000-01
Subjects:AUTHORITY, AVERAGE LEVEL, BAD POLICIES, BUREAUCRACY, BUREAUCRATIC QUALITY, BUSINESS ENVIRONMENTAL RISK INTELLIGENCE, CITIZENS, CIVIL LIBERTIES, CIVIL SOCIETY, COMMERCIAL CODE, COMMUNISM, COMMUNIST, CONSENSUS, CONSTITUTION, CORRUPTION, COUNTRY RISK GUIDE, COURT SYSTEM, CRIMINAL CODE, DATA COLLECTION, DECISION-MAKING, DECISION-MAKING PROCESS, DEMOCRACY, DIMENSION OF GOVERNANCE, DIMENSIONS OF GOVERNANCE, ECONOMIC ANALYSIS, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIC PERFORMANCE, ECONOMIC REFORM, ECONOMIC REFORMS, ECONOMIC TRANSFORMATION, EFFECTS OF GOVERNANCE, ELECTED REPRESENTATIVES, EXCHANGE OF IDEAS, GOOD GOVERNANCE, GOOD INSTITUTIONS, GOVERNMENT POLICIES, GROWTH RATES, HEAD OF STATE, HUMAN RIGHTS, IMPRISONMENT, IMPROVEMENTS IN GOVERNANCE, INSTITUTION BUILDING, INSTITUTIONAL CHANGE, INSTITUTIONAL FRAMEWORK, INSTITUTIONAL MEASURES, INSTITUTIONAL PERFORMANCE, INSTITUTIONAL REFORM, INSURGENCY, JUDICIAL DECISIONS, JUDICIAL SYSTEM, JUDICIARY, JUSTICE, LAWS, LEGAL FRAMEWORK, MARKET ECONOMY, MEDIA, NATIONS, PER CAPITA INCOME, PERFORMANCE INDICATORS, POLICY CHOICES, POLICY RESEARCH, POLITICAL COMPETITION, POLITICAL CONTROL, POLITICAL INSTITUTIONS, POLITICAL PARTIES, POLITICAL RIGHTS, PRESIDENCY, PRIVATE PROPERTY, PROPERTY RIGHTS, PUBLIC AFFAIRS, PUBLIC SECTOR, REPRESENTATIVES, RULE OF LAW, SOCIAL CONFLICT, SOCIAL INSTITUTIONS, SOCIAL NORMS, SOCIAL SCIENCES, SOCIALISM, TRANSITION COUNTRIES, TRANSITION ECONOMIES, TRANSPARENCY,
Online Access:http://documents.worldbank.org/curated/en/2000/01/439013/context-everything-measuring-institutional-change-transition-economies
https://hdl.handle.net/10986/22281
Tags: Add Tag
No Tags, Be the first to tag this record!