Coalition politics and economic development : credibility and the strength of weak governments /

"Coalition Politics and Economic Development challenges the conventional wisdom that coalition government hinders necessary policy reform in developing countries. Irfan Nooruddin presents a fresh theory that institutionalized gridlock, by reducing policy volatility and stabilizing investor expe...

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Main Author: Nooruddin, Irfan
Format: Electronic eBook
Language:English
Published: Cambridge, UK ; New York : Cambridge University Press, 2011.
Subjects:
Online Access:CONNECT

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245 1 0 |a Coalition politics and economic development :  |b credibility and the strength of weak governments /  |c Irfan Nooruddin. 
260 |a Cambridge, UK ;  |a New York :  |b Cambridge University Press,  |c 2011. 
300 |a 1 online resource (xv, 249 pages) :  |b illustrations 
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520 |a "Coalition Politics and Economic Development challenges the conventional wisdom that coalition government hinders necessary policy reform in developing countries. Irfan Nooruddin presents a fresh theory that institutionalized gridlock, by reducing policy volatility and stabilizing investor expectations, is actually good for economic growth. Successful national economic performance, he argues, is the consequence of having the right configuration of national political institutions. Countries in which leaders must compromise to form policy are better able to commit credibly to investors and therefore enjoy higher and more stable rates of economic development. Quantitative analysis of business surveys and national economic data together with historical case studies of five countries provide evidence for these claims. This is an original analysis of the relationship between political institutions and national economic performance in the developing world and will appeal to scholars and advanced students of political economy, economic development and comparative politics"--  |c Provided by publisher 
504 |a Includes bibliographical references and index. 
505 0 |a List of figures -- List of tables -- Preface -- 1 Introduction -- 2 Coalition politics and economic development: theory -- 3 Coalition politics and economic development: empirics -- 4 Coalition politics and economic development: mechanisms -- 5 Coalition dharma and India shining -- 6 Developing coalitions in Italy, Spain, Brazil, and Botswana -- 7 Conclusion -- A Appendix to Chapter 2 -- B Appendix to Chapter 3 -- C Appendix to Chapter 4 -- D Appendix to Chapter 5 -- References -- Index. 
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