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Association: Name: International Studies Association URL: http://www.isanet.org
Citation: URL: http://www.allacademic.com/meta/p70632_index.html Direct Link: HTML Code:

Jepsen, Eric. "Subnational Governments, the Asian Development Bank, the Inter-American Development Bank, and the World Bank: The Politics of Private Infrastructure Investment" Paper presented at the annual meeting of the International Studies Association, Hilton Hawaiian Village, Honolulu, Hawaii, Mar 05, 2005 <Not Available>. 2008-06-28 <http://www.allacademic.com/meta/p70632_index.html>

Jepsen, E. (2005, Mar) "Subnational Governments, the Asian Development Bank, the Inter-American Development Bank, and the World Bank: The Politics of Private Infrastructure Investment" Paper presented at the annual meeting of the International Studies Association, Hilton Hawaiian Village, Honolulu, Hawaii <Not Available>. 2008-06-28 from http://www.allacademic.com/meta/p70632_index.html

Publication Type: Conference Paper/Unpublished Manuscript Review Method: Peer Reviewed Abstract: The proposed paper attempts to move beyond the existing literature on the politics of economic development by focusing on the political economy of private infrastructure investment programs at the subnational level in Asia and Latin America. International financial institutions like the Asian Development Bank, the Inter-American Development Bank, and the World Bank have increasingly focused technical and financial support at the level of provincial, state, and local governments. While there is an ever-expanding list of subnational governments receiving assistance from International Financial Institutions (IFIs), we do not have adequate answers to the question of why some subnational governments receive support and others do not. This paper will seek to explain, based upon a time-series analysis of IFI program assistance choices, what international, national, and local factors contribute to the pattern of backing certain subnational governments. Because of the nature of the research question, trading patterns, electoral dynamics, institutions, and interest groups comprise the primary explanatory thrust of the paper. With the expectation that similar sets of independent variables influence institutional activity throughout the developing world, this paper will focus on all cases in Asia and Latin America for the 1993-2003 time period. Hypotheses tested in the analysis stem from the IPE, CPE, and US politics literatures. The proposed research has significant implications for the study of the political economy of development, as well as crucial policy implications. First, this paper is designed to recast existing thinking about the political economy of development in less industrialized and emerging market nations. By analyzing the web of relationships between local governments and international actors from different regions of the world, we will gain a better sense as to what factors are driving the technical assistance selection process throughout the developing world. Second, by focusing on both the subnational and international levels of analysis, the research will fill a sizable empirical gap in the literature on the politics of economic development, as well as provide a more complete picture of the relationship between politics at different levels of government and corresponding policymaking patterns. Third, this research will make significant contributions to the Asian and Latin American political economy literatures. In both cases the focus on the federal level has neglected the growing importance of subnational and international actors in the development process and resulting international diversity in economic policy and performance. Finally, the research has significant policy implications. While decentralization has continued to move forward in many parts of the developing world, little research has attempted to gauge the relative importance of political economic factors on local-international interaction. The opportunities and difficulties that local leaders have to increase economic competitiveness in an increasingly globalized world need be better understood, especially as more and more The proposed research has significant implications for the study of the political economy of development, as well as crucial policy implications. First, this paper is designed to recast existing thinking about the political economy of development in less industrialized and emerging market nations. By analyzing the web of relationships between local governments and international actors from different regions of the world, we will gain a better sense as to what factors are driving the technical assistance selection process throughout the developing world. Second, by focusing on both the subnational and international levels of analysis, the research will fill a sizable empirical gap in the literature on the politics of economic development, as well as provide a more complete picture of the relationship between politics at different levels of government and corresponding policymaking patterns. Third, this research will make significant contributions to the Asian and Latin American political economy literatures. In both cases the focus on the federal level has neglected the growing importance of subnational and international actors in the development process and resulting international diversity in economic policy and performance. Finally, the research has significant policy implications. While decentralization has continued to move forward in many parts of the developing world, little research has attempted to gauge the relative importance of political economic factors on local-international interaction. The opportunities and difficulties that local leaders have to increase economic competitiveness in an increasingly globalized world need be better understood, especially as more and more countries in the world move towards the decentralization of policy formation.

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