Economic development requires secure contract enforcement and stable
property rights. Normal majority-rule politics, such as bargaining
over distributive and monetary policies, generate instability and
frequently undermine economic development. Above Politics argues that
bureaucracies can contribute to stability and economic development,
but only if they are insulated from unstable politics. A
separation-of-powers stalemate creates the conditions for bureaucratic
autonomy. But what keeps delegated bureaucrats from being more abusive
as they become more autonomous? One answer is the negotiation of
long-term, cooperative relationships - that (when successful)
typically bind subordinates to provide more effort in exchange for
autonomy. Even more compelling is professionalism, which embeds its
professional practitioners in professional norms and culture, and
incidentally mitigates corruption. Financial examples are provided
throughout the book, which ends with an analysis of the role played by
professionalized bureaucracies during the Great Recession.
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Bureaucratic Discretion and Credible Commitment
Produktdetaljer
ISBN
9781316564080
Publisert
2016
Utgiver
Cambridge University Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter