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How can governments enhance economic growth while avoiding social and political instability? Economists and political scientists tackle this question, using theory and empirical data to provide a framework for measuring states' political capacity and offer suggestions for increasing it.
List of contents
Introduction -- Part I The Concept of Political Capacity -- Relative Political Capacity: Political Extraction and Political Reach -- Theoretical Link of Political Capacity to Development -- Part II Economic Applications -- Political Capacity and Economic Determinants of Inflation -- Political Capacity and the Use of Seigniorage -- Political Capacity and Private Investment -- Political Capacity and Economic Growth -- Political Capacity, Macroeconomic Factors, and Capital Flows -- Political Capacity and Black Market Premiums -- Part III Political Applications -- Political Capacity and Government Resource Transfers -- Political Capacity and Demographic Change -- Political Capacity and Violence -- Political Capacity, Growth, and Distributive Commitments -- Part IV Extending Political Capacity -- Political Capacity and the Economic Frontier -- New Estimates of Political Capacity -- Alternative Approaches to Estimating Political Capacity -- The Unfinished Agenda
About the author
Marina Arbetman
Summary
How can governments enhance economic growth while avoiding social and political instability? Economists and political scientists tackle this question, using theory and empirical data to provide a framework for measuring states' political capacity and offer suggestions for increasing it.