Governance has been incorporated into the development models of many countries because of its role in ameliorating inequalities in society. This book explores whether good governance boosts or hinders economic growth with perspectives from countries like India, the USA, Nigeria, Turkey, Pakistan, Bangladesh, Nepal, and others, and on groups of developing nations like BRICS and ASEAN.
Governance has twin roles within economic systems. The first is where it guides administrators and the second is the normative role where it may act as a stimulus to economic growth and development. With the help of empirical investigations, this book analyses the interrelationships between good governance and inclusive and sustainable economic growth, productive employment, political stability, and decent work for all. It assesses the impact of various governance indicators and policy strategies on the economy and the GDP of countries in the Global North and South. The book also focuses on roadblocks to good governance such as violent conflicts, corruption, international threats and crises and its implication on economic growth.
This volume will be of interest to students and researchers of economics, political science, social science, international relations, public administration, and sociology.