Growth Strategies and Poverty Reduction: the Institutional Complementarity Hypothesis
Опубликовано на портале: 25-03-2008
PSE Working Papers.
2007.
No. 2007-43.
Тематические разделы:
This article starts from the limits of the policies that assume a significant de-connection
between
antipoverty strategies and the logic of the growth regime and that mainly rely upon
market mechanisms.
By contrast, a branch of the new institutional economics argues that a complete set
of coordinating
mechanisms is constitutive of really existing economies and that they are more complementary
than
substitute. The Institutional Complementarity Hypothesis (ICH) may be useful for
analyzing
simultaneously the antipoverty policies and the viability of growth regimes. The
different brands of
capitalism are the outcome of complementary institutions concerning competition,
labor market
institutions, welfare and innovation systems. Generally, such configurations cannot
be emulated by poor
developing countries, but reviewing the preliminary findings of the UNRISD country
case studies suggests
some common features to all successful experiments. Basically, antipoverty policies
are efficient when they
create the equivalent of virtuous circles within which growth entitles antipoverty
programs and conversely
these programs sustain the speed and stability of growth. Two methods are proposed
in order to detect
possible complementarities and design accordingly economic policies: the Qualitative
Comparative
Analysis (QCA) on one side, national growth diagnosis on the other side. A special
attention is devoted to
the timing of policies and the role of policy regimes. A brief conclusion wraps up
the major findings and
proposes a research agenda.
Ключевые слова
developing countries institutional analysis institutional complementarities institutionalism poverty reduction sociology of economic development
См. также:
[Интернет-ресурс]