Institutions and policies for growth and poverty reduction: the role of private sector development

Hasan, Rana, Mitra, Devashish and Ulubasoglu, Mehmet 2007, Institutions and policies for growth and poverty reduction: the role of private sector development, Asian development review, vol. 24, no. 1, pp. 69-116.

Attached Files
Name Description MIMEType Size Downloads

Title Institutions and policies for growth and poverty reduction: the role of private sector development
Author(s) Hasan, Rana
Mitra, Devashish
Ulubasoglu, Mehmet
Journal name Asian development review
Volume number 24
Issue number 1
Start page 69
End page 116
Publisher Asian Development Bank
Place of publication Manila, Philippines
Publication date 2007
ISSN 0116-1105
Summary This paper goes over some of the recent discussions on the effects on growth and poverty of institutions and policies, especially those that relate to the functioning of the private sector. It examines the empirical relationship between various measures of institutional quality and regulatory policies, and economic growth and poverty. The results suggest that good governance, as measured by a strong commitment to the rule of law, among other things, matters for poverty reduction largely through its effect on economic growth. In terms of business regulations, the paper finds that less restrictive regulations pertaining to starting a business are associated with higher economic growth as well as lower rates of $2-a-day poverty. Political freedom is not associated with either higher growth or lower poverty. Taken together, the evidence here seems to suggest that the delivery of good governance and policies that facilitate the creation of new enterprises are more relevant for growth and poverty reduction than the nature of the political system per se.
Language eng
Field of Research 140202 Economic Development and Growth
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2007, Asian Development Bank
Persistent URL http://hdl.handle.net/10536/DRO/DU:30007507

Document type: Journal Article
Collection: School of Accounting, Economics and Finance
Connect to link resolver
 
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Versions
Version Filter Type
Citation counts: Scopus Citation Count Cited 4 times in Scopus
Google Scholar Search Google Scholar
Access Statistics: 459 Abstract Views, 1 File Downloads  -  Detailed Statistics
Created: Mon, 29 Sep 2008, 08:52:54 EST

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.