Arbeitspapier

Some Economic Consequences of India's Institutions of Governance: A Conceptual Framework

This paper examines the functioning of some of India's institutions of governance, namely, the legislative and executive branches of government, the judiciary, and the bureaucracy, from an instrumental, economic perspective. Governance is analyzed along three dimensions: (1) the degree of commitment or durability of laws and rules, (2) the degree of enforcement of these laws, and (3) the degree of decentralization of jurisdictions with respect to local public goods. It is suggested that India's experience of governance reflects insufficiencies in all three dimensions: of durability, enforcement, and decentralization, with adverse consequences for economic efficiency. The paper concludes with a brief normative discussion of collective action in general, and alternative structures of institutions of governance.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 556

Classification
Wirtschaft
Subject
governance
commitment
durability
enforcement
decentralization

Event
Geistige Schöpfung
(who)
Singh, Nirvikar
Event
Veröffentlichung
(who)
University of California, Economics Department
(where)
Santa Cruz, CA
(when)
2003

Handle
Last update
20.09.2024, 8:20 AM CEST

Data provider

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Object type

  • Arbeitspapier

Associated

  • Singh, Nirvikar
  • University of California, Economics Department

Time of origin

  • 2003

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