The Security Factor in The Political Economy of Development /

A country's judiciary, police, and security forces are essential to protect the State from external aggression. By virtue of the State's monopoly of coercion, they maintain a stable legal framework and the safety of persons and property. All these activities enhance a society's produc...

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Κύριος συγγραφέας: McGuire, Martin
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 1998.
Σειρά:IMF Working Papers; Working Paper ; No. 1998/033
Διαθέσιμο Online:Full text available on IMF
Περιγραφή
Περίληψη:A country's judiciary, police, and security forces are essential to protect the State from external aggression. By virtue of the State's monopoly of coercion, they maintain a stable legal framework and the safety of persons and property. All these activities enhance a society's productivity, but they also sustain the particular political regime-and its redistributive ethic-in power. They absorb resources, but they also waste them, since security forces tend to be rent-seekers. This paper analyzes both the productive and the unproductive side of security provision and shows that the balance depends on the nature of the political regime.
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Φυσική περιγραφή:1 online resource (41 pages)
Μορφή:Mode of access: Internet
ISSN:1018-5941
Πρόσβαση:Electronic access restricted to authorized BRAC University faculty, staff and students