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The Political Economy of Poverty, Equity and Growth: A Comparative Study$
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Deepak Lal and H. Myint

Print publication date: 1998

Print ISBN-13: 9780198294320

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198294328.001.0001

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The Polity and Economic Performance

The Polity and Economic Performance

(p.259) 6 The Polity and Economic Performance
The Political Economy of Poverty, Equity and Growth: A Comparative Study

Deepak Lal (Contributor Webpage)

H. Myint

Oxford University Press

Some of the deeper political and ideological factors that can help in explaining different policies and growth, and poverty‐alleviation outcomes in the sample of developing countries examined in the book are addressed. In this chapter, a fivefold classification of the polity is introduced, and it is shown how two models of the ’autonomous’ and ’factional’ state can be applied to these subdivisions. The importance is identified of the interaction between different factor endowments and politics in generating macroeconomic crises that lead to growth collapses, as well as the role of these crises in the political economy of reform.

Keywords:   crises, developing countries, economic failure, economic growth, growth collapse, macroeconomics, political economy, polity, poverty‐alleviation, reform, the state

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