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Published in:
2017 | OriginalPaper | Chapter
7. Conclusions
Authors : Eduardo Dargent, José Carlos Orihuela, Maritza Paredes, María Eugenia Ulfe
Published in: Resource Booms and Institutional Pathways
Publisher: Springer International Publishing
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Abstract
Three dimensions help to explain institutional development in Peru: (a) preceding power distribution of state and society actors, (b) historical repertoires of state and society action, and (c) the institutional entrepreneurship of actors embedded in transnational networks. The book gives an overview of the general pattern of state action in Peru during the resource boom: a state directing considerable funds to public works, such as roads and buildings, what we call the “cement state,” while facing serious constraints for investing in plans, policies, and agencies to manage abundance and foster development effectively. We highlight the need to embrace the complexity of institutional development and call for developing a comparative political economy research agenda of resource-dependent institutional development. Finally, we expect our work will contribute to nurture a much absent public debate on the centrality of institutions.