State-Business Relations And Economic Development In Africa And India (Routledge Studies In Development Economics)

When the state and business interact effectively they can promote a more efficient allocation of scarce resources, appropriate industrial policy and a more effective and prioritised removal of key obstacles to growth, than when the two sides fail to co-operate or engage in harmful collusion. This book, based on original empirical research undertaken in Africa and India, addresses what constitutes the effectiveness of state-business relations, what explains their formation and evolution over time and whether effective state-business relations matter for economic performance. Analysing the effects of state-business relations on economic performance at both the macro and micro levels, the book concludes that where effective state-business relations are established ? either through formal or informal institutional patterns and relationships ? the growth effects are generally positive. Establishing, sustaining and renewing effective state-business relations are political processes. The better organized the business community and the government are for purposes of such relations, the more effective state-business relations will be in negotiating growth enhancing policies. The book is of interest to researchers in the fields of development studies, management, economics and political science.

• | Author: Kunal Sen
• | Publisher: Routledge
• | Publication Date: Jun 16, 2017
• | Number of Pages: 240 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 1138108049
• | ISBN-13: 9781138108042