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ISBN 9783843910460

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978-3-8439-1046-0, Reihe Wirtschaftswissenschaften

Mohamed Ismail Sabry
State Business Relations: Networks, Institutions and their effect on Growth and Cronyism.

199 Seiten, Dissertation Philipps-Universität Marburg (2013), Hardcover, A5

Zusammenfassung / Abstract

This work aims at exploring which institutional (legal, regulatory, political and cultural) and economic factors determine the outcome of state-business networks (SBN) with regard to cronyism and economic growth outcomes. It also tries to identify which among state-business connections, namely social-political connections (SP), Public Private Dialogue (PPD) and Public Private Partnerships (PPP), are most likely to cause these outcomes when interacting with the existing institutional and economic settings. Panel econometric modeling is used focusing on interaction terms between SBN connections and institutional variables.

PPD with higher business participation and official representation are suggested to counter the bad outcomes of informal SP connections. PPD operating in good governance settings, such as higher political freedoms and quality of the bureaucracy, are suggested to lead to economic growth. Higher regulatory and bureaucratic qualities help PPP in leading to growth.