Governance and Institutional Quality and the Links with Economic Growth and Income Inequality: With Special Reference to Developing Asia
This paper reviews the growing literature on governance and institutions—focusing particularly on the measurement of governance and institutional quality, and direction of causality between institutional development and economic development. It also examines where developing Asia stands in various widely used measures of governance/institutional quality relative to the rest of the world, and the power of governance indicators in explaining cross-country variations in growth performance and income inequality in the region.
- Governance/Institutions vis-à-vis Growth and Inequality: A Literature Review
- Governance/Institutions vis-à-vis Growth and Inequality: Where Asia Stands
- Summary and Conclusions