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Publications (4)
Working Paper
pdf
There are sound theoretical reasons to expect clientelism to suppress economic growth: politicians who garner support by offering employment to voters and grassroots party members can do so more effectively when the voters’ participation constraint is met with low wages. Hence, clientelism can...
Book Chapter
– Relevant and Non-relevant Elements for Developing Economies
From the book:
Development Success
Working Paper
pdf
– Relevant and Nonrelevant Elements for Developing Economies
Japan was the first non-western country to accomplish successful industrialization, and the dominant perception of its ‘industrial policy’ had over-emphasized specific characteristics of Japan. However, from the perspective of today’s development thinking, Japan’s economic history shared a wide...
Working Paper
pdf
– A Wider Plan for a Japanese Initiative
The Study Group arrived at the following conclusions and recommendations: 1. Substantial surpluses on current account are likely to prevail for the next several years among many developed countries, and there is a need for their diversification towards meeting developing country requirements, both...
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