Development Centre Studies

OECD Development Centre

1990-0295 (online)
1563-4302 (print)
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This series of monographs from the OECD Development Centre covers development issues generally and in some cases issues in specific countries. It  includes Angus Maddison’s books containing long-term historical estimates of GDP for various areas of the world.

Also available in: French, Spanish
Governance Culture and Development

Governance Culture and Development

A Different Perspective on Corporate Governance You do not have access to this content

OECD Development Centre

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Nicolas Meisel
28 Sep 2004
Pages :
9789264017290 (PDF) ; 9789264017276 (print)

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Drawing notably on the experience of France, this book examines whether good corporate governance generates national growth.  It finds that it is a society's entire governance culture  -- corporate and public governance together rather than either of them alone --  is what matters.  The book shows that we must change the way we judge the quality of a country's institutions of governance, and proposes a striking new way to do so.

  "A highly informative and insightful essay which has much to teach policy reformers in the developing world."

 - Dani Rodrik, John F. Kennedy School of Government, Harvard University.

  "A brilliant exercise in comparative economic history.  The lessons of French reconstruction after World War II are of a critical importance to the policy makers of the emerging world today."

 - Daniel Cohen, Professor, École Normale Supérieure and Columnist, Le Monde.


Also available in: French
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Table of Contents

Preface by Louka T. Katseli
Chapter I. Corporate Governance and National Development
Chapter II. Corporate Governance and the Interplay of Private Interests: Institutional Legacy on the Eve of the French Miracle
Chapter III. The Trente Glorieuses: Emergence of a Governance Focal Monopoly
Chapter IV. An Obsolete Governance Culture?
Chapter V. Implications for Developing Countries
Annex 1. On the Determinants of France's Post-War Growth Rates
Annex 2. Focal Monopoly, Governance Culture and Game Theory