The evolution of economic and political institutions in developing countries
Thesis: As nations around the world become closer and increasingly interdependent, the changing global context requires a parallel advancement of academic research. Theories developed for advanced democracies in the twentieth century now require complimentary additions, or perhaps diverging counterparts, to help explain the developmental processes of developing countries. To address these changes, scholars have created new theories or extended old ones to consider developing countries. However, despite the positive and thorough advancements thus far, the dynamic nature of countries undergoing development and transition, both economic and political, means that the work is far from finished. The literature on institutional developments in the political economy for advanced democracies is, while still evolving, well established. The theories supporting the research within this thesis rely on comparative capitalism studies and the varieties of capitalism approach focused on advanced democracies. The purpose of this thesis is, using the key tenants of comparative capitalism and the varieties of capitalism theory, to expand this literature to developing countries. After the introduction found in chapter one, chapter two suggests that developing countries with more coordinated economies should have more proportional electoral rule systems, which are a type of political institution. Chapter three continues along the idea of this subject by suggesting that these coordinated economies, which have more proportional electoral rules systems, according to chapter two, should produce more generous welfare states with higher government spending and more optimal welfare outcomes, such as low inequalities and low levels of poverty. This connective story can be explained by the co-evolution of economic and political institutions. In order to understand more deeply welfare state formation and variety, along with how welfare generosity affects welfare outcomes in developing countries, chapter four takes a closer look at one region in particular, Sub-Saharan Africa.
Keywords
- Institutional economics
- Varieties of capitalism
- Social protection
- Development economics
Issuing body(s)
- Université Panthéon-Sorbonne – Paris I
Date of defense
- 09/03/2018
Thesis director(s)
- Bruno Amable
URL of the HAL notice
Version
- 1