Environment and Economic Growth: The Political Economy of Resource Management in ASEAN

1990 ◽  
Vol 7 (2) ◽  
pp. 155-158
Author(s):  
John A. Dixon
Author(s):  
Ilke Civelekoglu ◽  
Basak Ozoral

In an attempt to discuss neoliberalism with a reference to new institutional economics, this chapter problematizes the role of formal institutions in the neoliberal age by focusing on a specific type of formal institution, namely property rights in developing countries. New institutional economics (NIE) argues that secure property rights are important as they guarantee investments and thus, promote economic growth. This chapter discusses why the protection of property rights is weak and ineffective in certain developing countries despite their endorsement of neoliberalism by shedding light on the link between the institutional structure of the state and neoliberalism in the developing world. With the political economy perspective, the chapter aims to build a bridge between NIE and political economy, and thereby providing fertile ground for the advancement of NIE.


Author(s):  
Stephen L. Elkin

This article describes the connection between political theory and political economy. It argues that political theorists need to take account of political economy in theorizing about the contemporary world because capitalism is the most powerful force at work in shaping the modern sociopolitical world. It also explains that economic questions concerning economic growth, the distribution of wealth and income, and role of markets are at the core of the political life in democratic societies.


2019 ◽  
Vol 11 (1) ◽  
Author(s):  
Moch Bukhori Muslim ◽  
Saepullah Saepullah ◽  
Any Widayatsari

Te political economy encompasses the management of revenues and spending to achieve the social welfare of the community. Hence, development is not solely emphasized economic growth but also equity. Tis article discusses the political economy according to Ibn Khaldun, written in his book, Muqaddimah. Tis study concludes that that political budgets must be carried out in a balanced manner by establishing budget certainty and increasing the discipline in use of the budget. Legislators make laws, referring to the creation of income sources so that the community will be able to meet their needs independently, and thegovernment can gather capabilities to carry out their duties and functions. Ibn Khaldun saw budget management as a means to solve public matters while also factoring the interests of rulers and governments.


2019 ◽  
Vol 8 ◽  
pp. 72-91
Author(s):  
Gerald Chimezie Nwadike ◽  
Kelechi Johnmary Ani ◽  
Victor Ojakorotu ◽  

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