Coalition Politics and Economic Development

Coalition Politics and Economic Development challenges the conventional wisdom that coalition government hinders necessary policy reform in developing countries. Irfan Nooruddin presents a fresh theory that institutionalized gridlock, by reducing policy volatility and stabilizing investor expectations, is actually good for economic growth. Successful national economic performance, he argues, is the consequence of having the right configuration of national political institutions. Countries in which leaders must compromise to form policy are better able to commit credibly to investors and therefore enjoy higher and more stable rates of economic development. Quantitative analysis of business surveys and national economic data together with historical case studies of five countries provide evidence for these claims. This is an original analysis of the relationship between political institutions and national economic performance in the developing world and will appeal to scholars and advanced students of political economy, economic development and comparative politics.

Author: Irfan Nooruddin
Publisher: Cambridge University Press
Published: 12/02/2010
Pages: 266
Binding Type: Paperback
Weight: 0.97lbs
Size: 8.80h x 5.90w x 0.70d
ISBN: 9780521138758

About the Author
Nooruddin, Irfan: - Irfan Nooruddin is Associate Professor in the Department of Political Science at the Ohio State University where, in 2007, he was named Distinguished Undergraduate Research Mentor of the Year. His work has been published in multiple journals including the Journal of Politics, International Organization, the Journal of Conflict Resolution, International Studies Quarterly, the Review of International Organizations, Comparative Political Studies, and International Interactions.