Economic transformation in traditional development economics refers to the transition from an agricultural society to an industrial one. Based on the practical conditions and the experience since reform and opening up in the late 1970s, the author observes that the path China's economy takes is a dual transformation, namely, developmental transformation from an agricultural society to an industrial economy, and institutional transformation from planned economy to market economy. Centering on property ownership reform which is the supreme reform of the dual transformation, this book discusses land ownership approval, stock-holding system reform and the maintaining ownership of private enterprises, etc. Besides, the book expounds on the urbanization in China, believing that it is not only the outcome of the dual transformation but also the booster that will help China's economy continue to develop at a high speed. Independent innovation and industrial upgrading which is the key to the enhancement of enterprises' competitiveness is also covered. The combination or overlapping of the two types of transformations in China has had no precedent in history, and it has not been discussed in traditional development economics. Scholars and students in China's economic studies and development economics studies will be attracted by this book. In addition, this book will be a valuable reference for other developing countries which are undergoing economic transformation.

Financial statecraft' goes beyond sanctions against rogue states. The aims of financial statecraft may be defensive or offensive, its targets bilateral or systemic, and its instruments financial or monetary. Regions and countries profiled include Argentina, Venezuela, Brazil, India, Southeast Asia, China, and Japan.

Although the phrase "North-South divide" is not heard so much these days, the core issues which divide rich countries from poor countries in global politics are still very much with us. This path-breaking book offers a new way of thinking about these questions, grounded in the insights of global political economy and an interpretation of contemporary global politics as a contest between competing country development strategies.

As international attention focuses on the rebuilding of Afghanistan, this collection looks critically at the evolution and meaning of the core concepts underpinning aims and strategies for recovery: the key role of institutional development and capacity building in establishing good governance, based on collaboration between state, civil society and market; the empirical consensus, over many decades, for best practice in development; the acknowledgement that recovery of war-torn societies is a development challenge. It is also shown that, despite this understanding, operational practice continues to contradict these principles and lessons learned from proven experience.

This book analyzes strategic aspects of SME development that may help to promote growth: high-tech development, productivity increase, and strengthening of linkages. Contributors to the book consist of a range of international experts recognised in the field of industrial development and/or small and medium enterprises. This book employs a benchmarking approach, which takes into account lessons that can be extracted from the development process in Europe, the US, and Latin America. It's a novel approach to SME development: it includes a tripartite framework that emphasises the importance of high-tech promotion, productivity growth, and networks.Progress in telecommunications and infrastructure, coupled with liberalization in international organizations, has introduced a number of new competitors to existing SMEs. This book analyzes strategic aspects of SME development that may help to promote growth: high-tech development, productivity increase, and strengthening of linkages.

A political economy analysis of the history of food security in the Arab world, including the role played by the global food price crisis in the Arab Spring and the Arab response aiming at greater food sovereignty via domestic food production and land acquisition overseas - the so-called land grab.

Deregulation has introduced competition into traditionally monopolistic markets, particularly telecommunications and electric utilities. This book brings together ten essays that were presented at the Center for Research in Regulated Industries at Rutgers University and funded by several regulated companies. The authors, who include young scholars as well as established and highly regarded consultants and researchers, address some of the major issues now facing network industries and regulators - deregulation, competition, stranded assets, diversification, pricing, and mergers and acquisitions.

Since the mid-1970s, the tropical savanna, known as Cerrado, has been transformed into one of the world's largest grain-growing regions. This book explores how and by what Brazil achieved inclusive and sustainable growth in the Cerrado.

In March 1998 professional colleagues and students of T.N. Srinivasan joined together at the Festschrift Conference at Yale to honor his work. The book contains nineteen of the contributions which were presented, reflecting the four closely related dimensions of trade and development.

Part I deals with the various dimensions of the issue of growth with particular emphasis on technology choice as well as saving and fertility behavior in Ramsey-type models. Part II moves into the more applied issues of International trade, including the impact of North-South trade on Northern wages, the reasons for the failure of pegged exchange rates in the South, as well as the pros and cons of regional vs. multilateral trading arrangements. Part III presents a variety of theoretical and applied approaches to analyze Indian planning and development experience. The final section, Part IV, addresses the general topic of market failures and economic structure.

This book contains papers by an array of eminent economists and contains a good blend of theory and applied work. Professional economists, policy makers in developing and donor countries and personnel of international organizations will find this a useful tool.

This volume argues that a renewed commitment to sound macroeconomic policies and structural reforms is needed for countries in South East Europe, or 'the Balkans' achieve to sustainable prosperity, along with enhanced support from the international community. New fiscal and financial architecture has valuable lessons for policymakers in SEE.

This new updated and extended edition of First World, Third World examines the failures of aid to eliminate poverty. The world development effort can claim only limited success, and in some parts of the world, especially Africa, failure must be recognised. William Ryrie, while starting from a position of sympathy with the aims of the aid effort, insists that the record must be analysed with ruthless honesty. Well-intentioned aid has often had perverse and harmful effects. One of these has been to undermine the working of the market economy, which offers the best hope for development and growth. His book proposes a new approach to the development task which would reconcile it with market philosophies.

More than a third of national output of the Chinese economy now comes from enterprises in the rural areas outside the plan. This book explains how that sector became so big in China and what it means for economic reform and structural change. The book contains precise measures of the size of the rural enterprise sector and the extent to which it has contributed to growth in China. The sources of both labour and capital used are documented, and their contributions to the growth are estimated. The implications of the growth of these enterprises are explored and the new issues which the growth of the sector has created so far are identified. Special attention is paid to problems associated with the nature of rural enterprise ownership. The analysis stresses the special conditions in China and also highlights some lessons for the process of reform in other economies.

In the years following the financial crash, two issues have become central to the debate in economics: inequality and the uneven nature of sustainable development. These two issues are at the core of this book which aims to explain three key questions: why inequality has increased so much in the last three decades; why most advanced economies are stagnating or are experiencing moderate economic growth; and why, even where economic growth is occurring, the quality of that growth is questioned. Inequality and Uneven Development in the Post-Crisis World is divided into three parts. The first part concerns the theoretical aspects of inequality, and ethical issues regarding economics and equality. The second part explores empirical evidence and policy suggestions drawing on the uneven levels of development and unprecedented levels of inequality experienced among advanced economies in the context of global financial capitalism. The third part focuses on sustainable development issues such as full employment, social costs of global trade liberalization, environmental sustainability and ecological issues. Along with inequality these issues are central for capitalism and for economic development. This volume is of interest to those who study political economy, sustainable development and social inequality.

"With contributions by experts from official agencies in Africa, international financial institutions, the private sector, and academia, this book focuses on financial sector development in Sub-Saharan Africa and how institutions can play a more active role in economic development"--Provided by publisher.

This book provides an up-to-date survey of existing economic literature on the dimensions of growing income inequalities in both advanced and emerging countries. The different explanations and dimensions of inequalities are addressed, particularly globalization, technical progress, in-work poverty, changes in labour market institutions, education and intergenerational mobility, growth and development. The nine chapters provide simplified models exploring each of these elements, and assess commonly accepted explanations and mechanisms.

This volume brings together frontline research on the prospects for rapid economic development in South Asia by leading academics and public policy experts. It reviews recent macroeconomic performance in Bangladesh, India, Nepal, Pakistan and Sri Lanka and examines three emergent challenges for the Indian economy: devising a policy response to climate change, attaining the millennium development goals and restructuring state level finances. The book then analyzes financial sector reforms and development of information and communications technology (ICT) firms and privatization policy in India and the South Asian approach to free trade arrangements and multilateral trade. It studies issues related to foreign perceptions of South Asian development including governance and foreign direct investment flows into India and Nepal. Finally the book studies the impact of the structural composition of economic growth on poverty in India, the evolution of inequality in India and elements of a strategy for poverty reduction in South Asia.

This book examines the impetuses for, and the features and outcomes of, economic reforms in Africa, using the case studies of seven countries to address three main issues: (a) Why do countries embark on economic reforms? (b) What are the features of the reforms undertaken in the various African countries? (c) How well did the reforms perform?

Expansion of non-standard employment under globalization is widely observed in all of the newly industrializing countries. This book explores the deregulation of labor markets, social protection for nonstandard workers, and social security reforms in accordance with the transformation of employment.

This book on the different aspects of international economic policy covers financial crises, reserve accumulation, capital flows and currency wars as well as issues relating to foreign direct investment and developments in China and India.

This book analyzes various important aspects of methodology and substance regarding economic, social, and political policy in Africa directed toward achieving more effective, efficient, and equitable societal institutions. The chapters are authored by experts from within Africa and also from Africa research institutes elsewhere. The book combines practical policy significance with insightful causal and prescriptive generalizations. The emphasis is on the role of governmental decision-making and the important (but secondary) role of the marketplace, social groups, and engineering.

In 1970 Sultan Qaboos took over a country that had no social or economic infrastructure. This book describes the process of political, social and economic transformationn that has turned it into a modern oil-producing state which has gained both regional influence and international respect. It also looks to the problems that Oman will face in the next decade as it aims to build on the successes of its first 20 years.

."..presents an excellent overview of the study of traditional environmental knowledge (TEK) and the directions in which it has evolved in recent years...Individually but especially together, the contributors of this volume do a fine job at providing a contextualized and fluid understanding of TEK...I have no hesitation in recommending this volume not only to anyone wishing to catch up on recent developments in TEK research, but also as a useful teaching resource in a range of anthropology courses." JRAI

"This volume succeeds in its purpose to dislodge enduring western notions of TEK traditional environmental knowledge] as static and to firmly center it within an analytical framework of landscape, process, and power...The critical perspectives of the authors of this book would prompt lively discussion in the classroom, and the books grounding in ethnographic detail and applications are of interest to both research academics and practitioners." Ethnobiology Letters

In recent years, the field of study variously called local, indigenous or traditional environmental knowledge (TEK) has experienced a crisis brought about by the questioning of some of its basic assumptions. This has included reassessing notions that scientific methods can accurately elicit and describe TEK or that incorporating it into development projects will improve the physical, social or economic well-being of marginalized peoples. The contributors to this volume argue that to accurately and appropriately describe TEK, the historical and political forces that have shaped it, as well as people's day-to-day engagement with the landscape around them must be taken into account. TEK thus emerges, not as an easily translatable tool for development experts, but as a rich and complex element of contemporary lives that should be defined and managed by indigenous and local peoples themselves.

Serena Heckler received her Ph.D. in ethnobotany, environmental anthropology and sustainable development from Cornell University and is a research fellow at Durham University. She has lived and worked with the Wothiha of the Venezuelan Amazon, studying the ways in which the market economy and demographic change have affected their environmental knowledge. She is currently undertaking participatory research on similar themes with the Shuar of Ecuador, in collaboration with the Intercultural University of Indigenous Peoples and Nations-Amawtay Wasi based in Quito, Ecuador.

Studies in Development Strategy and Systemic Transformation examines many of the leading issues in economic development. In Part I, Professor Griffin analyses strategic visions: the role of culture in long-term economic growth; globalization and its implications for the territorial state and global governance; the human development strategy; and the effects of the distribution of productive assets on the pace of development. Part II is concerned with systemic transformation and macroeconomic reform. Alternative reform strategies are analysed for countries trying to effect a transition from centrally-planned to market-oriented economies. Shock therapy is severely criticized. An alternative approach to macroeconomic reform also is presented for sub-Saharan Africa, in which emphasis is placed on an investment-led strategy of structural development. A separate chapter is devoted to how an investment-led strategy could be financed with domestic resources alone. Part III contains three case studies of low-income transition economies, two of which are examples of success (Vietnam and China) and one an example of failure (Kazakhstan).

Whether foreign investment by transnational and multi-national corporations alleviates or perpetuates underdevelopment is the subject of this volume. Multi-national corporations that inhibit building of indigenous institutions and other structures leading to self-reliance and economic growth impede rather than stimulate development. Both the positive and negative impact of multi-nationals in the Third World is investigated in these chapters. Various roles available to company and host country are explored. Variations in planning and development scenarios and objectives are explored.

In the midst of growing criticism of current economic orthodoxies and welfare systems, basic income is growing in popularity. This is the first book to discuss existing at examples of basic income, in both rich and poor countries, and to consider its prospects in other places around the world.