Political Economy of Development

The political economy of development studies how political institutions, policies, and economic systems interact to influence a country's growth and well-being. It examines how government decisions, power dynamics, and economic interests shape development outcomes, such as poverty reduction, infrastructure, and inequality. Essentially, it explores how politics and economics are intertwined in creating or hindering progress, highlighting that economic development is not just about resources or markets, but also about the political choices and governance structures that guide a nation's growth strategies.