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.