SOAS University of London

Department of Economics

Institutions, Elite Politics and Uneven Regional Development in Colombia: Why ‘Good Governance’ Fails

Tobias Franz (SOAS University of London)

Date: 4 December 2019Time: 5:00 PM

Finishes: 4 December 2019Time: 7:00 PM

Venue: Paul Webley Wing (Senate House) Room: SALT

Type of Event: Seminar

Why do some regions in Colombia experience productivity growth while other fall behind in their path towards economic prosperity? This essay argues that in order to fully understand differences in subnational economic development, we need to move away from ‘good governance' explanations in which geography‐specific analyses of power structures and elite interests are largely absent. Using findings for Colombia and insights from economic geography and heterodox political economy theories, this contribution provides a place‐based discussion of how the historically evolved distribution of power balances, context‐specific elite interests, and the interaction between place‐bound actors and place‐less dynamics affect subnational institutional arrangements shaping policies and development outcomes.

The conclusions drawn are not limited to Colombia and will prove beneficial to researchers studying regional economic development in subnational contexts elsewhere in the world.


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