Politics and Growth – An analytical framework, Gareth Williams, Alex Duncan, Pierre Landell-Mills, Sue Unsworth (2008)
Theories of growth have made progress in understanding the mechanisms of growth in economic terms. However, there is less understanding of the political processes that enable or obstruct these mechanisms. This paper aims to provide a framework to clarify and analyse the connections between politics and growth. The central question addressed by this paper is “what drives the holders of power to act in ways that generate sustained growth?”. To address this question we develop a framework to analyse the relations between those who control political power and the use of force, and those who control private capital.