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Foto på Petrus Olander.

Petrus Olander

Universitetslektor

Foto på Petrus Olander.

Economic Diversification and Institutional Quality—Issues of Concentrated Interests

Författare

  • Petrus Olander

Summary, in English

Recent research has provided broad accounts of what high institutional quality is; bureaucrats should be impartial and recruited on merit, public power should not be used for private gain, there should be rule of law, and property rights should be secure. Many scholars argue the reason why, in spite of this knowledge, recent institutional reforms have had limited success is that improvements are not in the interest of incumbent elites. Constraining elites is, therefore, crucial for institutional improvements. In this article, I argue that economic diversification functions as one such constraint on elite behavior, affecting their ability to form collusive coalitions. When the economy is concentrated to a few sectors, elite interests are more uniform making it easier for them to organize. However, as the economy becomes more diverse, collusion becomes harder and elites must settle for impartial institutions more often. I test the theory using cross-national time series data covering the last 25 years; the results corroborate the theory, as the economy of a country becomes more diverse, institutions become more impartial.

Avdelning/ar

  • Statsvetenskapliga institutionen

Publiceringsår

2019

Språk

Engelska

Sidor

346-364

Publikation/Tidskrift/Serie

Studies in Comparative International Development

Volym

54

Issue

3

Dokumenttyp

Artikel i tidskrift

Förlag

Transaction Publishers

Ämne

  • Political Science (excluding Public Administration Studies and Globalization Studies)

Nyckelord

  • Economic concentration
  • Economic diversification
  • Elites
  • Institutions

Status

Published

ISBN/ISSN/Övrigt

  • ISSN: 0039-3606