Understanding Policy Change

How to Apply Political Economy Concepts in Practice

Cristina Corduneanu-Huci, Alexander Hamilton, Issel Masses Ferrer

• Publisher: World Bank
• Year: 2013
• eBook ISBN: 9780821395387
• Topic: Economics
• Subtopic: Political Economy
• Index: Economics

The introductory chapter sets the stage and outlines the logic of the rest of the handbook. First, we present the main learning objectives; second, we introduce the pedagogical approach, methodology, and structure of the book. This handbook is intended to introduce the concepts of political economy to a wide audience of development practitioners, including civil society activists, journalists, students, and bureaucrats. Since the target readers vary widely in their previous exposure to the subject matter, the book summarizes a vast academic field and presents a comprehensive repertoire of concepts, theories, and empirical examples. Rather than offering a 'do-it-yourself' framework, we opted for developing a step-by-step analytical puzzle. First, the paper introduces the core mechanisms of political economy and their inner logic, and, subsequently, we help our readers learn how to recognize these mechanisms in their daily development-related work. By the end of the book, the authors hope that readers will be able to: recognize core development problems stemming from the political-economic environment; link theoretical concepts to real-life situations; diagnose the symptoms and the root causes of malfunctions; and understand the short-term and long-term consequences of poor governance and low institutional equilibria. This handbook is also designed to provide trainers with some of the pedagogical materials they need to develop an introductory course on political-economy analysis for policy practitioners. The content focuses on the what, the why, and the how to of policy change. The readers or trainees will encounter key theories and concepts and learn how to apply the analysis to an understanding of their own policy-making environment. Pedagogically, the handbook uses interactive classroom exercises and the case study method to reinforce learning objectives and to capture the concepts, methods, experiences, and challenges relevant for practitioners. Structured learning activities at the end of most chapters and a comprehensive group exercise in appendix D will also give readers and trainers the opportunity to apply the knowledge and tools of political economy to simulated or specific development puzzles.

Table of contents

• Cover
• Contents
• Foreword
• Acknowledgments
• Abbreviations
• Introduction
• 1. Political Economy: What It Is and What It Is Not
• PART I
• PART II
• Appendix A: Fundamental Concepts in Game Theory
• Appendix B: Technical Appendix
• Appendix C: Political-Economy Concepts in Practice: Public Procurement Reform in the Philippines
• Appendix D: Political-Economy Homework Exercises
• Index
• Box
• Concepts in Practice
• Figures
• Tables