ENGLISH

Beyond the Washington consensus: institutions matter

By Shahid Javed Burki , Guillermo Perry

Book information

Publisher
World Bank Publications
Year
1998
ISBN
0821342827, 9780821342824
LCC
HC125 .B7665 1998
Google Books ID
R29j4aeQz98C
Open Library ID
OL377072M
Language
english
Format
EPUB
Filesize
810 kB (829220 bytes)
Pages
\0
Time added
2011-08-31 04:54:40

Description

This report examines the precise nature of the required institutional reforms needed to achieve higher sustained rates of growth and to make a dent in poverty reduction and provides a framework for their design and implementation. The more modest objective is to examine how the concepts of the new institutional economics are useful for analyzing and designing institutions and to evaluate how political economy concepts can be used to develop strategies for implementing institutional reforms. Employing some of these concepts, the report demonstrates that sound institutional reform can be technically and politically viable in the following key sectors: banking; capital markets and legal institutions; educational institutions; judicial reforms; and public administration.

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