This book assesses the extent to which good governance may contribute to enhancing economic performance and social welfare in developing countries, globally. Governance has been pointed out as one of the major weaknesses of developing economies and may largely be attributed to weak governance practices at both the macro- and micro-level. This book highlights the channels through which governance may act on various economic sectors and different key economic variables. In doing so, it enables policymakers to identify and implement policies and procedures to promote good governance. This book provides a transnational perspective on good governance in considering developing countries in Asia, Africa and beyond, presenting respective case studies in single country settings, enabling a comparative perspective between and across all chapters. Covering topics that include the intersection between governance and gender, inequality, poverty, education and health, the book provides diverse theoretical and empirical evidence on important issues facing policymakers, investors and other stakeholders and is relevant to graduate students and researchers interest in policy issues in the developing world.
Author(s): Mohamed Sami Ben Ali, Sami Ben Mim
Publisher: Springer
Year: 2023
Language: English
Pages: 244
City: Singapore
Introduction
Contents
About the Editors
1 Dynamic Institutions as Pillars for Sustainable Development
1.1 Introduction
1.2 The Sustainable Development
1.3 The Institutions
1.4 The Nexus Between Institutions and Sustainable Development
1.5 Empirical Results
1.6 Concluding Remarks
Appendix: Test of Endogeneity (Durbin-Wu-Hausman)
References
2 Upgrading and Downgrading Developing Countries’ Sovereign Ratings: Does Governance Matter?
2.1 Introduction
2.2 Does Governance Contribute to Enhance Sovereign Rating?
2.3 Model and Methodology
2.4 Results and Discussion
2.5 Conclusions and Recommendations
Appendix
References
3 Do Governance Indicators Predict Inequality? A Panel Non-causality Framework for the Emerging Countries
3.1 Introduction
3.2 Governance Indicators: A First Look
3.3 Data, Model, and Methodology
3.4 Results and Discussion
3.5 Conclusion and Recommendations
Appendix
References
4 Enhancing Economic Development Through ICT-Based Governance: Evidence for Developing Countries
4.1 Introduction
4.2 Contextualization and Recent Evidence
4.3 Data and Empirical Settings
4.4 Empirical Results
4.5 Conclusions
Appendix
References
5 Which Governance Dimension Matters Most for FDI? A Comparative Analysis Between MENA and SSA Countries
5.1 Introduction
5.2 Model and Methodology
5.3 Sample and Descriptive Statistics
5.4 Results and Discussion
5.5 Conclusions and Recommendations
Appendix
References
6 Formulation of a Corporate Governance Index for Banking Sector
6.1 Introduction
6.2 Definition of Internal Governance Indicators
6.3 Formulation of Novel Governance Index
6.3.1 Indicator of the Board of Directors (BDI.13)
6.3.2 Indicator of the Risk Management Committee (RMCI.9)
6.3.3 Indicator of Internal Audit Committee (IACI.8)
6.3.4 Indicator of Remuneration Committee (RCI.8)
6.4 Indicator of Ethics and Compliance Committee (CECI.8)
6.4.1 Indicator of the Nomination Committee (NCI)
6.4.2 Indicator of Disclosure and Transparency (DTLI.16)
6.4.3 Formulation of the Novel Global Governance Index
6.5 Discussion and application of GIBX62
6.6 Conclusion
References
7 The Health Systems’ Governance in MENA Countries: A Panel Causality Framework
7.1 Introduction
7.2 Health Sector Governance
7.2.1 The General Concept
7.2.2 The Main Governance Actors
7.3 Literature Review
7.4 The Health System Governance in MENA Countries: Causality, Short- and Long-Run Dynamics
7.4.1 The General Scope in the MENA Countries
7.4.2 Methodology
7.5 Results and Discussion
7.6 Conclusions and Recommendations
Appendix A: MENA Countries Classification by Income Level 2020–2021
Appendix B: Health Services Governance Indicators
Appendix C: Descriptive Statistics of Governance Composite Index and Health System Outputs by Countries
References
8 Governance and Growth in Developing Countries: New Insights from a Cross-Regional Empirical Analysis
8.1 Introduction
8.2 The Aggregate Governance Indexes
8.3 Governance and Growth: A Dynamic Panel Data Approach
8.3.1 Model and Methodology
8.3.2 Results and Discussion
8.4 Conclusions and Recommendations
Appendix
References
9 Governance, Gender Diversity, and Banking Performance: New Evidence from North African and GCC Countries
9.1 Introduction
9.2 Theoretical Background and Empirical Evidence
9.3 Data and Methodology
9.3.1 Data and Sample
9.3.2 Methodology
9.4 Empirical Results
9.4.1 Descriptive Statistics
9.4.2 Board Gender Diversity and Banking Performance
9.4.3 Board Gender Diversity and Firm Performance: The Transmission Channels
9.4.4 Board Gender Diversity and Firm Performance: The Nonlinearity Effect
9.5 Conclusions and Recommendations
References
Conclusions and Recommendations
