The role of the state in economic development

Arbeitspapier

This paper discusses the recent literature on the role of the state in economic development. It concludes that government incentives to enact sound policies are key to economic success. It also discusses the evidence on what happens after episodes of economic and political liberalizations, asking whether political liberalizations strengthen government incentives to enact sound economic policies. The answer is mixed. Most episodes of economic liberalizations are indeed preceded by political liberalizations. But the countries that have done better are those that have managed to open up the economy first, and only later have liberalized their political system.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 1256

Classification and Topics

• Classification: Wirtschaft ; Macroeconomic Analyses of Economic Development
• Subject: political liberalization ; democracy ; economic development ; Entwicklung ; Wirtschaftswachstum ; Staatliche Einflußnahme ; Institutionelle Infrastruktur ; Entwicklungsländer

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Tabellini, Guido
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2004

Further information

• Handle: http://hdl.handle.net/10419/18894
• Last update: 10.03.2025, 11:41 AM CET