The Complex Network of Public Policies : An Empirical Framework for Identifying their Relevance in Economic Development

The Complex Network of Public Policies : An Empirical Framework for Identifying their Relevance in Economic Development

This paper presents an innovative methodology for discovering policies that are consistent with economic development. A development footprint narrative is advanced to suggest that laggard countries can improve their good overall economic performanc...

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Main Authors: Castaneda, Gonzalo, Iniguez, Gerardo, Chavez-Juarez, Florian
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
public policy
development
governance
Online Access:http://documents.worldbank.org/curated/en/527281487590365982/World-development-report-2017-the-complex-network-of-public-policies-an-empirical-framework-for-identifying-their-relevance-in-economic-development
http://hdl.handle.net/10986/26193
id okr-10986-26193
recordtype oai_dc
spelling okr-10986-261932021-05-25T10:54:41Z The Complex Network of Public Policies : An Empirical Framework for Identifying their Relevance in Economic Development Castaneda, Gonzalo Iniguez, Gerardo Chavez-Juarez, Florian public policy development governance This paper presents an innovative methodology for discovering policies that are consistent with economic development. A development footprint narrative is advanced to suggest that laggard countries can improve their good overall economic performance when tracking policy indicators of more advances but structurally similar economies. This narrative is converted in a workable policy guideline through the use of a complex network of public policies. The main results generated when the model is calibrated with a panel of countries in all income categories for the period 2006-2012 are as follows: (i) public policies are context dependent; (ii) there are different development modes that any country can undertake; (iii) policy interventions within each mode are part of a consistent package and, thus, they should not be implemented in isolation; and (iv) bosting public governance indicators do not seem to be important for the poorest countries of income group 4, but this type of actions are very critical in upper-middle income countries of group 2. 2017-03-02T22:11:10Z 2017-03-02T22:11:10Z 2016-05-26 Working Paper http://documents.worldbank.org/curated/en/527281487590365982/World-development-report-2017-the-complex-network-of-public-policies-an-empirical-framework-for-identifying-their-relevance-in-economic-development http://hdl.handle.net/10986/26193 English en_US World Development Report Background Paper; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic public policy
development
governance
spellingShingle public policy
development
governance
Castaneda, Gonzalo
Iniguez, Gerardo
Chavez-Juarez, Florian
The Complex Network of Public Policies : An Empirical Framework for Identifying their Relevance in Economic Development
relation World Development Report Background Paper;
description This paper presents an innovative methodology for discovering policies that are consistent with economic development. A development footprint narrative is advanced to suggest that laggard countries can improve their good overall economic performance when tracking policy indicators of more advances but structurally similar economies. This narrative is converted in a workable policy guideline through the use of a complex network of public policies. The main results generated when the model is calibrated with a panel of countries in all income categories for the period 2006-2012 are as follows: (i) public policies are context dependent; (ii) there are different development modes that any country can undertake; (iii) policy interventions within each mode are part of a consistent package and, thus, they should not be implemented in isolation; and (iv) bosting public governance indicators do not seem to be important for the poorest countries of income group 4, but this type of actions are very critical in upper-middle income countries of group 2.
format Working Paper
author Castaneda, Gonzalo
Iniguez, Gerardo
Chavez-Juarez, Florian
author_facet Castaneda, Gonzalo
Iniguez, Gerardo
Chavez-Juarez, Florian
author_sort Castaneda, Gonzalo
title The Complex Network of Public Policies : An Empirical Framework for Identifying their Relevance in Economic Development
title_short The Complex Network of Public Policies : An Empirical Framework for Identifying their Relevance in Economic Development
title_full The Complex Network of Public Policies : An Empirical Framework for Identifying their Relevance in Economic Development
title_fullStr The Complex Network of Public Policies : An Empirical Framework for Identifying their Relevance in Economic Development
title_full_unstemmed The Complex Network of Public Policies : An Empirical Framework for Identifying their Relevance in Economic Development
title_sort complex network of public policies : an empirical framework for identifying their relevance in economic development
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/527281487590365982/World-development-report-2017-the-complex-network-of-public-policies-an-empirical-framework-for-identifying-their-relevance-in-economic-development
http://hdl.handle.net/10986/26193
_version_ 1764461121578729472

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