Deals and Development
The Political Dynamics of Growth Episodes
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Product details:
- Publisher OUP Oxford
- Date of Publication 16 November 2017
- ISBN 9780198801641
- Binding Hardback
- No. of pages396 pages
- Size 240x165x28 mm
- Weight 746 g
- Language English 0
Categories
Short description:
When are developing countries able to initiate periods of rapid growth and why have so few been able to sustain growth over decades? This book provides a novel conceptual framework built from a political economy of business-government relations and applies it to nine countries across Africa and Asia, drawing actionable policy recommendations.
MoreLong description:
This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations.
When are developing countries able to initiate periods of rapid growth and why have so few of these countries been able to sustain growth over decades? Deals and Development: The Political Dynamics of Growth Episodes seeks to answer these questions and many more through a novel conceptual framework built from a political economy of business-government relations.
Economic growth for most developing countries is not a linear process. Growth instead proceeds in booms and busts, yet most frameworks for thinking about economic growth are built on the faulty assumption that a country's economic performance is largely stable. Deals and Development explains how growth episodes emerge and when growth, once ignited, is maintained for a sustained period. It applies its new framework to examine the growth of countries across a range of institutional and political contexts in Africa and Asia, using the examples of Bangladesh, Cambodia, India, Malaysia, Thailand, Ghana, Liberia, Malawi, Rwanda and Uganda. Through these country analyses it demonstrates the explanatory power of its framework and the importance of feedback cycles in which economic trends interact with political behaviour to either sustain or terminate a growth episode.
Offering a lens through which to analyse complex scenarios and unwieldy amounts of information, this book provides actionable levers of intervention to bring around reform and improve a country's chance at achieving transformative economic growth.
Table of Contents:
Deals and development - An introduction to the conceptual framework
Deals and development in a resource-dependent, fragile state: The political economy of growth in Liberia 1960-2014
Powerbrokers and patronage: Why Malawi has failed to structurally transform and deliver inclusive growth
Navigating the deals world: The politics of economic growth in Bangladesh
Not minding the gap: Unbalanced growth and the hybrid political settlement in Cambodia
Political settlements and structural change: Why growth has not been transformational in Ghana
Dominance and deals in Africa: How politics shapes Uganda's transition from growth to transformation
The disorder of miracle growth in Rwanda: Understanding the limitations of transitions to open ordered development
The stroll, the trot, and the sprint of the elephant: Understanding Indian growth episodes
The politics of structural (de)transformation: The unravelling of Malaysia and Thailand's dualistic deals strategies
Searching for a 'recipe' for episodic development
