Spanish aid / Comment
Institutions, economic development and aid
14/12/2006 By Pablo Bandeira, Publicaciones ForoAOD
This article reviews Development Economics and Political Economy theoretical and empirical literature in order to find which institutions are most important to achieve stable economic development.
The conclusion is that these institutions are those which serve as checks and balances on government decisions, specifically the laws that provide the state with an independent and capable judicial system, a professional bureaucracy and a comprehensive civil society representation system.
Finally, it is argued that it is necessary that International Cooperation agencies stop ignoring or camouflaging political issues and start promoting professional, representative and rule of law states under objective, clear and transparent criteria.
Download the full version of this publication, available in Spanish (221 kB)
Keywords
Aid effectiveness Democracy promotion Development cooperation Judicial reform Rule of Law SpainRelated publications
Bio author: Pablo Bandeira
Pablo Bandeira holds a PhD in Agriculture Economics, specialized in Development and Cooperation policies in Latin America. He is professor of Economics at the Universidad Carlos III in Madrid, and of Rural Development at FAO and at the Universidad Politécnica of Madrid.
Bio author: Publicaciones ForoAOD
The FOROAOD has been designed as a democratic experiment to involve citizens, policy-makers and academics from North and South in a consultation process about the Spanish Development Cooperation.
