La gobernabilidad: Conceptualización y una aplicación al sistema de educación básica en colombia

Translated title of the contribution: Governability: Conceptualization and an application to the basic education system in Colombia

R. Piedad Patricia Restrepo, A. Jorge Hernán Flórez

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

This article analyses the governance theory of the New Institutional Economics. The objective is to establish a clear definition of the concept of "governance" and to show some of its economic applications. All the elements of that theory are explored, drawing a distinction between agency theory and transactions cost theory. Applying the theory to education in Colombia, it is concluded that the new forms of provision in education represent promising governance structures with respect to improvement in educational service, but confront challenges with regard to school choice and contractual design.

Translated title of the contributionGovernability: Conceptualization and an application to the basic education system in Colombia
Original languageSpanish
Pages (from-to)155-182
Number of pages28
JournalCuadernos de Economia
Volume27
Issue number49
StatePublished - 2008
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • Arts and Humanities (miscellaneous)
  • Social Sciences (miscellaneous)
  • Economics, Econometrics and Finance(all)

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