Governance Capacity and Economic Reform in Developing Countries

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World Bank Publications, Jan 1, 1994 - Business & Economics - 40 pages
The inability to coordinate diverging interests and to promote policies that represent the public interest is one of many non-economic obstacles to economic reform. This paper examines the relationship between governance capacity and economic reform. The

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Page 6 - Governance as the manner in which power is exercised in the management of a country's economic and social resources.
Page 37 - Governance and development: issues and constraints', Proceedings of the World Bank Annual Conference on Development Economics 1991, World Bank, Washington, DC267-87.
Page 39 - A expansao recente do estado no Brasil: seus problemas e seus atores", marzo de 1977.
Page vii - ... to coordinate the aggregation of diverging interests and thus promote policy that can credibly be taken to represent the public interest.
Page 4 - The convergence reinforced technical reassessment with ideological commitment, at least in US official circles. Neo-orthodox assumptions wholly dominated the reactions of the Bretton Woods institutions and of the United States, Germany and Japan. Linked to balance of payments support through the new emphasis on policy based lending and backed by formal or informal cross-conditionality among creditors and donors, neo-orthodox prescriptions were urged on governments in all regions and in varied situations.
Page 15 - This approach excludes any normative content, and any attribute of specific political regimes from the conception of governance; that is, the term does not refer to the substance of rules, the design of institutions, or the nature of conflictsolving mechanisms. The very existence of such...
Page 33 - Foreign capital, in the form of direct investment, borrowing, and multilateral aid, became an increasingly important component of Korea's strategy. The outward turn in trade went hand in hand with the increased use of foreign capital
Page 24 - ... to the extent that it can achieve sufficient autonomy from society by articulating a vision of the future that is distinct from, and goes beyond, the diverse interests in this society.

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