Faculty / School
Faculty of Business Administration (FBA)
Was this content written or created while at IBA?
Yes
Document Type
Book Chapter
Publication Date
2009
Book or Conference Proceedings Title
Development models in muslim contexts: chinese, “Islamic” and neo-liberal alternatives
ISBN/ISSN
9780748639687
Editor(s)
Robert Springborg
Series
Exploring muslim contexts
First Page
180
Last Page
194
Publisher
The agha khan university, Institute for the study of muslim civilisations
Place of Publication
Edinburgh
Keywords
Good governance,Development,Pakistan,Case studies
Abstract / Description
Theoretical and empirical evidence from the past two decades shows that socioeconomic development is affected by the quality of governance and its institutions. Traditional factors of production (capital, skilled and unskilled labour, and intellectual human capital) obviously contribute to the growth process, but the residual or total factor productivity incorporates not only technical change, but also organisational and institutional change. Well-functioning and healthy institutions not only affect the rate of economic growth but, moreover, the distribution. If governance structures and supporting institutions are healthy, then the distribution of benefits of growth will be equitable. This chapter will argue that the process by which good economic policies and aggregate economic outcomes are translated into an equitable distribution of wealth and benefits involves the institutions of governance.
Link to Catalog Record
https://ils.iba.edu.pk/cgi-bin/koha/opac-detail.pl?biblionumber=121106&query_desc=kw%2Cwrdl%3A%20Development%20Models%20in%20Muslim%20Contexts
Recommended Citation
Husain, D. (2009). Governance and development: a case study of Pakistan. Development models in muslim contexts: chinese, “Islamic” and neo-liberal alternatives, 180-194. Retrieved from https://ir.iba.edu.pk/faculty-research-series/142