Abstract
The previous chapter points to the statistical non-significance of development assistance in developing countries’ economic progress. Although the findings may reinforce the believe of the irrelevance of official development aid, it should, however, be kept in mind that such apparent failures may also be the result of elements outside the control of international development assistance institutions, and we must be careful not to quickly underestimate the wise and helpful job undertaken by well-intentioned individuals (officials and non-officials), and the incremental progress that has been made in the fight of poverty. Official development assistance may require more attention to unearth the causes of failure, mainly weakness of public governance.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
Neoclassical economics is an approach to economics that relates supply and demand to an individual’s rationality and ability to maximize utility or profit. https://www.investopedia.com/terms/n/neoclassical.asp#ixzz54RxHVOnU
- 2.
The other index is the Economic Freedom of the World (EFW), originally developed by Fraser Institute.
- 3.
These are property Rights (PR), Judicial Effectiveness (JE), Government Integrity (GI), Tax Burden (TB), Gov’t Spending (GS), Fiscal Health (FH), Business Freedom (BF), Labour Freedom (LF), Monetary Freedom (MF), Trade Freedom (TF), Investment Freedom (IF), and Financial Freedom (FF).
- 4.
The World Factbook provides information on the history, people, government, economy, geography, communications, transportation, military, and transnational issues for 267 world entities.
- 5.
- 6.
The following were excluded from the original sample: Antigua and Barbuda, Burma, Dominica, Grenada, Hong Kong, Kiribati, Libya, Lithuania, Macau, Myanmar, Saint Lucia, Saint Vincent Grenadines, Somalia, South Sudan, Syria, Taiwan, Tonga, Yemen and Vanuatu.
- 7.
These countries may have registered higher or lower pcGDP for the year 2017, but are excluded from the sample, because of missing data.
Bibliography
Consumer International (2005), Globalization for all – reviving the spirit of Bretton Woods. At: http://www.consumersinternational.org/media/319899/globalization%20for%20all%20%E2%80%93%20reviving%20the%20spirit%20of%20bretton%20woods.pdf
Fraser Institute (2017), “Economic Freedom of the World 2017 annual report”. At : https://www.fraserinstitute.org/sites/default/files/economic-freedom-of-the-world-2017.pdf.
Heritage Foundation, (2017), “2017 index of economic freedom”. At: https://www.heritage.org/international-economies/report/2017-index-economic-freedom-trade-and-prosperity-risk.
Sachs, J. (2006), « The End of Poverty, Economic Possibilities for Our Time”, Penguin Books. https://www.amazon.com/End-Poverty-Economic-Possibilities-Time/dp/0143036580#reader_0143036580
Author information
Authors and Affiliations
Appendix 9.1: General Sample
Appendix 9.1: General Sample
General sample (169 countries) | |||||||
|---|---|---|---|---|---|---|---|
Country | Country | Country | Country | Country | Country | Country | Country |
Afghanistan | Brazil | Cyprus | Guatemala | Kyrgyz Republic | Morocco | Romania | Sweden |
Albania | Brunei Darussalam | Czech Republic | Guinea | Laos | Mozambique | Russia | Switzerland |
Algeria | Bulgaria | Denmark | Guinea Bissau | Latvia | Namibia | Rwanda | Tajikistan |
Angola | Burkina Faso | Djibouti | Guyana | Lebanon | Nepal | Samoa | Tanzania |
Argentina | Burundi | Dominican Republic | Haiti | Lesotho | Netherlands | Sao Tome and Principe | Thailand |
Armenia | Cambodia | Ecuador | Honduras | Liberia | New Zealand | Saudi Arabia | Timor-Leste |
Australia | Cameroon | Egypt | Hungary | Luxembourg | Nicaragua | Senegal | Togo |
Austria | Canada | El Salvador | Iceland | Macedonia | Niger | Serbia | Trinidad and Tobago |
Azerbaijan | Cape Verde | Equatorial Guinea | India | Madagascar | Nigeria | Seychelles | Tunisia |
Bahamas | Central African Republic | Eritrea | Indonesia | Malawi | North Korea | Sierra Leone | Turkey |
Bahrain | Chad | Estonia | Iran | Malaysia | Norway | Singapore | Turkmenistan |
Bangladesh | Chile | Ethiopia | Iraq | Maldives | Oman | Slovak Republic | Uganda |
Barbados | China | Fiji | Ireland | Mali | Pakistan | Slovenia | Ukraine |
Belarus | Colombia | Finland | Israel and West Bank | Malta | Panama | Solomon Islands | United Arab Emirates |
Belgium | Comoros | France | Italy | Mauritania | Papua New Guinea | South Africa | United Kingdom |
Belize | Congo Democratic Republic | Gabon | Jamaica | Mauritius | Paraguay | South Korea | United States |
Benin | Congo Republic | Gambia | Japan | Mexico | Peru | Spain | Uruguay |
Bhutan | Costa Rica | Georgia | Jordan | Micronesia | Philippines | Sri Lanka | Uzbekistan |
Bolivia | Cote d’Ivoire | Germany | Kazakhstan | Moldova | Poland | Sudan | Venezuela |
Bosnia and Herzegovina | Croatia | Ghana | Kenya | Mongolia | Portugal | Suriname | Vietnam |
Botswana | Cuba | Greece | Kuwait | Montenegro | Qatar | Swaziland | Zambia |
| Â | Â | Â | Â | Â | Â | Â | Zimbabwe |
Rights and permissions
Copyright information
© 2018 The Author(s), under exclusive licence to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Naciri, A. (2018). Empirical Assessment of the Impact of Public Governance on Development. In: The Governance Structures of the Bretton Woods Financial Institutions. SpringerBriefs in Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-97906-9_9
Download citation
DOI: https://doi.org/10.1007/978-3-319-97906-9_9
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-97905-2
Online ISBN: 978-3-319-97906-9
eBook Packages: Economics and FinanceEconomics and Finance (R0)