Good Governance and Economic Growth

This book explores whether good governance boosts or hinders economic growth with perspectives from countries like India, USA, Nigeria, Turkey, Pakistan, Bangladesh, Nepal, and others, and on groups of developing nations like BRICS and ASEAN.

Governance has been incorporated into the development models of many countries because of its role in ameliorating inequalities in society. This book explores whether good governance boosts or hinders economic growth with perspectives from countries like India, the USA, Nigeria, Turkey, Pakistan, Bangladesh, Nepal, and others, and on groups of developing nations like BRICS and ASEAN.

Governance has twin roles within economic systems. The first is where it guides administrators and the second is the normative role where it may act as a stimulus to economic growth and development. With the help of empirical investigations, this book analyses the interrelationships between good governance and inclusive and sustainable economic growth, productive employment, political stability, and decent work for all. It assesses the impact of various governance indicators and policy strategies on the economy and the GDP of countries in the Global North and South. The book also focuses on roadblocks to good governance such as violent conflicts, corruption, international threats and crises and its implication on economic growth.

This volume will be of interest to students and researchers of economics, political science, social science, international relations, public administration, and sociology.

Autorentext

Ramesh Chandra Das is a Professor at the Department of Economics, Vidyasagar University, India, with 25 years of teaching and research experience in the fields of theoretical and applied economics, environmental economics, and political economics.

Inhalt

Introduction 1. Governance, Sustainability and Sustainable Governance: A Panel Vector Auto Regression Analysis 2. Impact of Governance on Economic growth: Evidence from BRICS Economies 3. Cost of Governance on Real Growth: Evidence from ECOWAS Countries 4. Assessing the role of Good Governance and Governability in the Context of Russia-Ukraine War 5. An Empirical Study on Assessment of Effective Governance on Economic Growth in BRICS Countries 6. The Impact of Good Governance Indicators on Economic Growth Across Asian Countries 7. Does governance explain growth? An empirical analysis on African countries 8. Good Governance and Knowledge-based Economic Growth: A Study of Japan 9. Good Governance and Economic Growth: A Case Study on the Local Government of Bangladesh 10. MGNREGA, Corruption and Rural Asset Creation: Any association so far for India? 11. Fisheries Production, Growth and Good Governance: A Panel Data Regression Analysis with Reference to Selected States in India 12. Does Good Governance affect Economic Growth? Evidence from some selected Developed Countries 13. Roles of indicators and inhibitors of good governance in sustainable development and economic growth 14. Role of Government Assistance to Endorse the Growth of Unorganised Retail Trading Enterprises in India 15. Policies and strategies for institutional participatory governance