| ID | 052506 |
| Title Proper | Some economic consequences of India's institutions of governance: a conceptual framework |
| Language | ENG |
| Author | Singh, Nirvikar |
| Publication | April 2004. |
| Summary / Abstract (Note) | This article examines the functioning of some of India's institutions of governance, namely the legislative and executive branches of government, the judiciary, and the bureaucracy, from an instrumental, economic perspective. Governance is analyzed along three dimensions: (1) the degree of commitment or durability of laws and rules, (2) the degree of enforcement of these laws, and (3) the degree of decentralization of jurisdictions with respect to local public goods. It is suggested that India's experience of governance reflects insufficiencies in all three dimensions: of durability, enforcement, and decentralization, with adverse consequences for economic efficiency. The article concludes with a brief normative discussion of collective action in general, and alternative structures of institutions of governance. |
| `In' analytical Note | India Review Vol. 3, No.2; April 2004: p 114-146 |
| Journal Source | India Review Vol: 3 No 2 |
| Key Words | India ; Economy ; Governance Iinstitution ; Economic Growth |