Political Competition, Policy Making, and the Quality of Public Policies in Costa Rica
This paper uses a case study of Costa Rica to identify the reasons why democracy is conducive for development. By the mid-twentieth century, Costa Rica had begun to depart from the all-too-common mixture of political instability and economic stagna...
Main Author: | |
---|---|
Format: | Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2017
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/312871468247845252/Political-competition-policy-making-and-the-quality-of-public-policies-in-Costa-Rica http://hdl.handle.net/10986/28007 |
Summary: | This paper uses a case study of Costa
Rica to identify the reasons why democracy is conducive for
development. By the mid-twentieth century, Costa Rica had
begun to depart from the all-too-common mixture of political
instability and economic stagnation characteristic of much
of the developing world. This paper claims that this country
has benefited from better-than-average public policies, a
conclusion based upon an original assessment of policy
effectiveness and a major comparative ranking of state
policies. It largely rejects the interpretation that
uncommon development performance stems from institutions
created during the colonial period and instead emphasizes
how unending political stalemates gradually made the
struggle for power more democratic. A central conclusion of
this paper is that political competition-as well as steady
economic growth rates and development, more
generally-interact with and reinforce each other so that the
exercise of power foments rather than retards economic growth. |
---|