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Governance Reforms and Growth: Some Ideas from Economic Theory
Authors:Avinash Dixit
Institution:Department of Economics, Princeton University, Princeton, NJ 08544-1021, USA
Abstract:Ideas from the theory of incentives and organization are deployed to examine how some aspects of economic governance—primarily protection of property rights, enforcement of contracts, and oversight regulation—can be improved for achieving better economic growth and development. Some suggestions for reform of governance institutions in developing countries are offered.
Keywords:economic governance  developing countries  governance reforms and growth  
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