by Mark Thoma, University of Oregon (Department of Economics)

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''Governance Writ Small''

Posted on May 16, 2008

Dani Rodrik argues that development strategies emphasizing good governance instead of specifically targeting binding constraints on growth are unlikely to be effective: Getting Governance Right Is Good for Economic Growth, by Dani Rodrik, Project Syndicate: Economists used to tell governments to fix their policies. Now they tell them to fix their institutions. Their new reform agenda covers a long list of objectives, including reducing corruption, improving the rule of law, increasing the accountability and effectiveness of public institutions, and enhancing the access and voice of citi...

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budget , central bank , china , currency , economy