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Institutions and Policies for Growth and Poverty Reduction: The Role of Private Sector Development

dc.contributor.authorHasan, Rana
dc.contributor.authorMitra, Devashish
dc.contributor.authorUlubasoglu, Mehmet
dc.date.accessioned2015-02-16T07:18:47Z
dc.date.available2015-02-16T07:18:47Z
dc.date.issued2006-12
dc.identifier.issn0116-1105en_US
dc.identifier.urihttp://hdl.handle.net/11540/2370
dc.description.abstractThis paper goes over some of the recent discussions on the effects on growth and poverty of institutions and policies, especially those that relate to the functioning of the private sector. It examines the empirical relationship between various measures of institutional quality and regulatory policies, and economic growth and poverty. The results suggest that good governance, as measured by a strong commitment to the rule of law, among other things, matters for poverty reduction largely through its effect on economic growth. In terms of business regulations, the paper finds that less restrictive regulations pertaining to starting a business are associated with higher economic growth as well as lower rates of $2-a-day poverty. Political freedom is not associated with either higher growth or lower poverty. Taken together,the evidence here seems to suggest that the delivery of good governance and policies that facilitate the creation of new enterprises are more relevant for growth and poverty reduction than the nature of the political system per se.en_US
dc.languageEnglishen_US
dc.publisherAsian Development Banken_US
dc.rightsCC BY 3.0 IGOen_US
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igoen_US
dc.titleInstitutions and Policies for Growth and Poverty Reduction: The Role of Private Sector Developmenten_US
dc.subject.expertPoverty Reductionen_US
dc.subject.adbPoverty Alleviationen_US
dc.subject.naturalFight Against Povertyen_US
dc.title.seriesAsian Development Reviewen_US
dc.title.volumeVolume 24, No. 1, pp. 69 - xxen_US
oar.themePoverty
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scholarcheck.peerreviewed0
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scholarcheck.serial.hasserial1
scholarcheck.topic.cleartopic1
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oar.authorHasan, Rana
oar.authorMitra, Devashish
oar.authorUlubasoglu, Mehmet
oar.googlescholar.linkpresenttrue


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  • Asian Development Review
    The Asian Development Review (ADR) is a professional journal for disseminating the results of economic and development research relevant to Asia and the Pacific. Since 1983, the ADR has been an important part of the history of the Asian Development Bank and its mission to reduce poverty across Asia and the Pacific.

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