Governance, Growth and Development

摘要: The promotion of ‘good governance’ has become one the pillars development policies proposed by a large majority aid agencies. It is based on view that pre-requisite for development. author critically reviews relationship between governance, growth and draws implications are relevant Sub-Saharan African countries. There today broad agreement governance critical but much consensus about how matters still very deficient. liberal revolution in economics policy thinking took place 1980s had effect debate role state therefore capabilities developing countries should aim to achieve. emerging good agenda defends need have stabilise property rights engage rule-of-law reforms, carry out anti-corruption anti-rent seeking strategies, democratisation accountability sustain these through mobilisation poor prioritisation pro-poor spending governments. This paper provides assessment theoretical empirical basis approaches suggests some reforms may be desirable not implementable significant extent any country. Instead, other capabilities, namely states intervene effectively address market failures, more effective achieve improvements resource efficiency investment allocation.