The political economy of development: an assessment

Adam, Christopher; Dercon, Stefan

doi:10.1093/oxrep/grp020

Cited by 26 publications

(10 citation statements)

References 36 publications

(26 reference statements)

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“…More recent political economy analyses focus on decision making that allows for an incorporation of the social, historical, economic and political context in which policies and policy change emerge (Besley, 2004;Adam and Dercon, 2009). Particularly in the context of natural resourcebased rent distribution and deforestation of tropical forests, literature indicates that decision making cannot be explained purely by economic models and rational choice, but requires the consideration of factors that explain actors' decision making behavior beyond formal Weberian hierarchies or markets (McCarthy and Tacconi, 2011;Adam and Dercon, 2009;Deacon and Mueller, 2006;Keeley and Scoones, 1999).…”

Section: A Political Economy Lens To Understand Land Allocation and Rmentioning

confidence: 99%

An overview of forest and land allocation policies in Indonesia: Is the current framework sufficient to meet the needs of REDD+?

Brockhaus

Obidzinski

Dermawan

et al. 2012

Forest Policy and Economics

163

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Section: A Political Economy Lens To Understand Land Allocation and Rmentioning

confidence: 99%

An overview of forest and land allocation policies in Indonesia: Is the current framework sufficient to meet the needs of REDD+?

Brockhaus

Obidzinski

Dermawan

et al. 2012

Forest Policy and Economics

163

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“…According to Adam and Dercon (2009), research on economic development has thus become increasingly engaged with questions of political economy and in particular, with how political choices, institutional structures and forms of governance influence economic choices made by governments and citizens and how, in turn, these structures reflect deeper forces, such as the patterns of colonial settlement and conflict, physical geography and natural resource endowments, disease ecology of societies and ethnic diversity, as well as a host of other cultural factors.…”

Section: Political Riskmentioning

confidence: 99%

Home Country Determinants of Outward FDI from Developing Countries

Das

2013

Margin: The Journal of Applied Economic Research

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This article examines various home country determinants of outward FDI from developing economies, which have received limited attention in empirical studies. The role of home country determinants is investigated for a large sample of developing economies, as against a handful of developing economies, for the most recent period, 1996–2010, using a panel data econometric framework. The results indicate that source country’s level of economic development, globalisation, political risk and science and technology investments contribute significantly to outward FDI from developing countries. While outward FDI might be unavoidable in the course of economic development and globalisation, developing countries need to emphasise improving political governance in order to prevent capital outflow arising out of high domestic political risk. On the flip side, science and technology investments could contribute to higher outward FDI, thereby yielding complementary benefits of internationalisation in the long-run. Thus, given the evolving role of developing countries in the global economic scenario, a balance between domestic and international investments is crucial for them to harness the benefits of globalisation, which can be achieved through suitable governance and policy reforms in specific fields.

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“…To investigate the necessary transformational changes of forest governance, due to implementing REDD+, this paper applies a political economy approach that is relevant to understanding the reform process. According to Adam and Dercon (2009), the political economy approach can be applied to examine the formation of institutional structures and the influence of governments and citizens in political and economic choices (Adam & Dercon, 2009). An understanding of different interests among actors can also be identified by an political economy approach -defined as a method to perceive a change in the relationship between political life and the nonpolitical activities to satisfy the private wants (Caporaso, 1992).…”

Section: Conceptual Framework Of Political Economy Perspectivementioning

confidence: 99%

The Political Economy Perspective of Forest Governance Responding REDD+ in Indonesia

Widiaryanto¹

2020

jpp

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Reducing Emissions from Deforestation and Forest Degradation (REDD+) has become important for Indonesia because this mechanism will provide financial benefits, whereas it adheres to the Indonesian commitment to participate in climate change mitigation. However, a weak forest governance system and lack of transparency have undermined Indonesia's goals to reduce deforestation and to manage and distribute the compensation appropriately. The idea of transformational change to reform Indonesian forest governance might be hindered by path dependency that has become entrenched within the Indonesian government. This paper, therefore, attempts to analyze the path dependency of Indonesian forest governance and to examine the implication of path dependency in the development of REDD+ in Indonesia. Using the political economy lens, the diagnosis of the path dependency is determined if there are positive feedbacks for the Ministry of Forestry, as the leading agency in the administration of Indonesian forests, to maintain the status quo. This paper shows that there are four positive or reinforcing feedbacks for the Ministry of Forestry: (1) vested interests for utilizing the forests as an income source, (2) network effects from managing the forest resources, (3) sunk costs invested to strengthen the institution, and (4) inclusiveness of the institution in managing the forests. This paper also highlights that path dependency within the Ministry of Forestry causes complexity in the REDD+ debate in Indonesia, particularly regarding which institutional arrangement will best implement REDD+. On the other hand, this paper shows that various policies and activities related to REDD+ could break path dependency.

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The political economy of development: an assessment

Cited by 26 publications

References 36 publications

An overview of forest and land allocation policies in Indonesia: Is the current framework sufficient to meet the needs of REDD+?

An overview of forest and land allocation policies in Indonesia: Is the current framework sufficient to meet the needs of REDD+?

Home Country Determinants of Outward FDI from Developing Countries

The Political Economy Perspective of Forest Governance Responding REDD+ in Indonesia

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