Book contents
- Frontmatter
- Dedication
- Contents
- Figures
- Tables
- Foreword
- Acknowledgments
- Abbreviations
- Part I A Complexity Approach to Sustainable Development
- Part II A Global View of Sustainable Development
- 6 The Feasibility of the Sustainable Development Goals
- 7 Government Spending and Structural Bottlenecks
- 8 Public Governance and Sustainable Development
- 9 The Impact of International Aid
- Part III A Focalised View of Sustainable Development
- Bibliography
- Index
8 - Public Governance and Sustainable Development
from Part II - A Global View of Sustainable Development
Published online by Cambridge University Press: 04 January 2024
- Frontmatter
- Dedication
- Contents
- Figures
- Tables
- Foreword
- Acknowledgments
- Abbreviations
- Part I A Complexity Approach to Sustainable Development
- Part II A Global View of Sustainable Development
- 6 The Feasibility of the Sustainable Development Goals
- 7 Government Spending and Structural Bottlenecks
- 8 Public Governance and Sustainable Development
- 9 The Impact of International Aid
- Part III A Focalised View of Sustainable Development
- Bibliography
- Index
Summary
This chapter analyses the connections between public funding, the rule of law, and multidimensional development. First, via simulation, we document a negative relationship between the budget size and the proportion of embezzled resources (or wasted resources due to inefficiencies). Second, our result suggests that reallocating public funds from other issues to programmes associated with the rule of law can mitigate corruption up to a certain point. Third, we find that the worse the country’s performance, the easier to remain in a development trap, as it becomes more cumbersome to realise a successful allocation profile (i.e., to decipher the proper mix of rule-of-law funding and overall budget size).
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- Complexity Economics and Sustainable DevelopmentA Computational Framework for Policy Priority Inference, pp. 207 - 230Publisher: Cambridge University PressPrint publication year: 2024