Does Governance Matter? Yes, No or Maybe: Some Evidence from Developing Asia
研究了亚洲发展中经济体的治理表现与经济增长的关系，发现治理水平普遍不高且与增长无强正相关，甚至治理较好的国家增长更慢。
SUMMARY This paper seeks to explore the relationship between economic growth and governance performance in Asian developing economies. This exploration yields some interesting conclusions. First, notwithstanding its tremendous economic achievements, the state of governance in Asia is not stellar by international comparison. Indeed, the majority of these countries seem to suffer from a governance deficit. Second, contrary to our expectations, data do not suggest any strong positive link between governance and growth: paradoxically, countries that exhibit surpluses in governance on average grew much slower than those with deficits. The paper ends with some conjecture about this apparent paradox.