Chapter

The Role of Institutions and Organization

Deepak Lal and H. Myint

in The Political Economy of Poverty, Equity and Growth: A Comparative Study

Published in print October 1998 | ISBN: 9780198294320
Published online November 2003 | e-ISBN: 9780191596582 | DOI: http://dx.doi.org/10.1093/0198294328.003.0005
 The Role of Institutions and Organization

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This chapter attempts to provide a framework for interpreting the longer‐run aspects of the different economic outcomes identified in the comparative developing country studies addressed in the book. These are that in some countries economic growth through export expansion has been accompanied by a tendency towards more equal distribution of incomes, while in others income distribution has tended to become more unequal. Organizational and institutional factors are introduced into the conventional framework of international trade, in the hope of obtaining a better understanding of the relationship between exports and economic growth and the role of different types of economic policy. The country studies are then reinterpreted in these terms: small economies, peasant export economies, plantation and mining economies, and mixed cases are addressed separately.

Keywords: developing countries; economic growth; economic policy; exports; income distribution; international trade; mining; mining economies; peasant economies; peasant farming; peasants; plantation economies; plantations

Chapter.  11411 words. 

Subjects: Economic Development and Growth

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