This book poses a critique of neoliberal economic polices in the EU and proposals for alternatives. The book argues that the economic weakness of the EU is the result of the very restrictive economic policy of the Union and most member states. The book advances from a comprehensive critique of macroeconomic, social and structural policies towards a concrete concept for a democratic European social model based on the objectives of full employment, welfare, social equity and ecological sustainability.

This volume examines the experiences of a number of Third World countries in implementing development plans in the 1970s and offers some guidelines for research, development, and analysis of policy. Some chapters focus on theoretical issues such as the place of development on the policy agenda and the institutionalization of development policy planning. Other chapters detail global and national strategies for employment, reducing poverty, and developing human resources. The use of various economic indicators as tools for planning and analysis is also discussed.

Until the past decade, development experts shared a conception of how to facilitate development in the Third World countries of Latin America, Africa, and Asia. One essential factor in this paradigm was the role of mass media communication. The media were expected to convey useful information from government development programs to their intended audiences. This dominant paradigm of mainly one-way communication flows did not lead to widespread development in the Third World. Instead, scholars and development planners began to search for alternative models of development and for other conceptions of development communication.

The phenomenon of state-led development has been persistent throughout modern history and remains significant today. Latecomers in the world's development, from Russia in the 19th century to contemporary China, persistently resorted to the state as a developmental instrument in economic catch-up. Why did relatively 'backward'economies tend to take the state-led approach rather than following the free market model? Why did those latecomers that used the state as the main coordinator and had the bureaucratic capacity to do so modernize faster than other 'backward' economies? Finally, do the successful state-led developers have the potentials to take the lead in world's developments? Or under what conditions could they do so? These are the questions the book intends to answer. This book looks into the state-led development in the post-war period, offering a new perspective for interpreting the choice of the state-led approach by latecomers and the consequences of such choices.

A positive chapter has begun in finance for poor countries. Yet progress remains tentative. This book looks at how to make international finance better serve the needs of poor countries and poor people. It contains contributions by economists and political scientists who have been at the center of the international policy debate.

Those concerned with growth and development at national or local levels must pay significantly more attention to the physical structure of urban settings which house many of the leading sectors of the economies of nations. These metropolitan areas must retain the flexibility necessary to meet the needs of an ever-changing mix of activities. Structural, environmental, and economic concerns are brought together to help the reader better understand the problems and identify solutions. This work will be of interest to those economists, environmentalists, sociologists, and practitioners concerned with growth, change, and the environment in urban settings, as well as planning and development agencies in Third World settings.

This volume is concerned with the complexities of the relationship between globalization and different groups of consumers in developing countries. Globalization, it is argued, can yield frustration and disappointment as well as welfare gains for consumers; it may, but does not necessarily, displace local products and via the rapid recent expansion of the mass media, it offers policy-makers new opportunities to deal with acute social problems.

This pioneering volume invites scholars from different social science disciplines to contribute their competing perspectives to a far-ranging albeit understudied dimension of globalization. Globalization has been defined as progressively integrated, national product and factor markets, cemented by the revolution in transportation and communications technology. This process has been driven by transnational corporations who have erected intricate, global supply chains. Such commercial advances have, in turn, intensified the interdependence among states and the authors raise a number of questions: Can the multi-variegated, cross-border activities in which such non-state actors engage be analyzed through a single conceptual lens? Can non-state transnational transfers be so clearly distinguished from exchanges in practice? What are the implications of transnational transfers, where material and non-material value is transferred abroad with no assurance, or even expectation of reciprocal compensation, for sovereignty? The case studies range from the impact of worker remittances on failed states to capacity building by global civil society on behalf of nascent NGOs in China to the transfer of security (or insecurity) via peacekeepers, track two diplomats and private security contractors.

With more than a billion people living on less than one dollar per day, some evidence of increasing gaps in living conditions within and between countries and the clear evidence of substantial declines in life expectancy or other health outcomes in some parts of the world, the related topics of inequality, poverty and well-being are core international issues. More is known about inequality, poverty and well-being than ever before as a result of conceptual and methodological advances and better data. Yet many debates persist and numerous important questions remain unanswered. This book examines inequality, poverty and well-being concepts and corresponding empirical measures. Attempting to push future research in new and important directions, the book has a strong analytical orientation, consisting of a mix of conceptual and empirical analyses that constitute new and innovative contributions to the research literature.

Starting point of this book is the observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarantee sustainability of public debt. The book first elaborates on that principle from a theoretical point of view and then tests whether empirical evidence for that rule can be found. Additional tests are implemented to gain further evidence on sustainability of public debt. In order to allow for time varying coefficients penalized spline estimations are performed. The theoretical chapters present endogenous growth models and assume that the primary surplus rises as public debt increases so that sustainability of public debt is given. Implications of public deficits and debt are studied assuming full employment and for unemployment. The conclusion summarizes the findings and compares the results of the different models. Finally, policy implications are given showing how governments should deal with high public debt to GDP ratios.

Drawing from more than 25 years experience in research and project creation, Kozmetsky and Williams describe how accelerated commercialization strategies building on advances in science and technology offer a sustainable source of wealth. They show how collaboration among business, government, entrepreneurial, and academic partners--all focusing to leverage local resources to compete in the global marketplace--is an established and powerful strategy for 21st century business creation and economic development. This collaborative success strategy of "thinking globally and acting locally," along with supportive activities such as technology incubators, research methods, entrepreneurship training, and use of networks for resource sharing is what has come to be called the "Technopolis paradigm." Because a maturing Technopolis evolves as an integral component of a city, state, or larger sociopolitical unit, it promotes attention to sustainability and quality of life. Further, Kozmetsky and Williams consider the Technopolis paradigm as a process of constructive capitalism in that it utilizes private or corporate commercialization of science and technology to create wealth and shared prosperity, the value of which is set by competition in a free market.

In the 1980s a large number of Latin American countries reverted from military dictatorships to civilian democracies. In most cases the new democratic governments inherited an extremely precarious economic situation, which left little room to manoeuvre. This book analyzes the special problems that governments face in the formulation and implementation of economic policy after the restoration of democracy. In each of six cases - Argentina, Bolivia, Brazil, Chile, Paraguay, and Uruguay - an analysis is made of the difficulties encountered and the performance of the democratic governments.

Malaysia is one of the fastest growing economies in the world today, and this book reflects current debates about the future directions of the national economy, polity and society in light of the late 1990s watershed period of financial crisis, the arrest of Anwar Ibrahim and the subsequent 1999 general election. Malaysian Economics and Politics in the New Century aims to answer questions about how the economy and society are organized, about how the benefits from economic development are distributed, about government's relations to major national institutions, and about the nature of the political process. With its focus firmly on Malaysia's future, this will be a volume of particular interest to scholars, academics, researchers, business leaders and policymakers involved in the Asian region, and Malaysia in particular.

This book provides an insight into some of the main issues that arise in post-conflict economic and social reconstruction, and offers examples of what works, and what does not. It will be of interest to all working on economic and social reconstruction in post-conflict countries, as well as those working on peace and development.

"Southeast Asian Affairs, first published in 1974, continues today to be required reading for not only scholars but the general public interested in in-depth analysis of critical cultural, economic and political issues in Southeast Asia. In this annual review of the region, renowned academics provide comprehensive and stimulating commentary that furthers understanding of not only the region's dynamism but also of its tensions and conflicts. It is a must read." - Suchit Bunbongkarn, Emeritus Professor, Chulalongkorn University "Now in its forty-sixth edition, Southeast Asian Affairs offers an indispensable guide to this fascinating region. Lively, analytical, authoritative, and accessible, there is nothing comparable in quality or range to this series. It is a must read for academics, government officials, the business community, the media, and anybody with an interest in contemporary Southeast Asia. Drawing on its unparalleled network of researchers and commentators, ISEAS is to be congratulated for producing this major contribution to our understanding of this diverse and fast-changing region, to a consistently high standard and in a timely manner." - Hal Hill, H.W. Arndt Professor of Southeast Asian Economies, Australian National University

This book calls for the conditions of transition to sustainability: How to take into consideration new global phenomena such as and of the dimension of climate change, the depletion of natural resources, financial crises, demographic dynamics, global urbanization, migrations and mobility, while bearing in mind short-term or local place-based issues, such as social justice or quality of life? Meeting this challenge requires an inclusive approach of sustainability. It is a matter of designing a new social contract: Sustainability requires more than developing the right markets, institutions and metrics, it requires social momentum. To do so, many issues need a clear and complete answer: How to link social justice with sustainability policies? What governance tools to do so? What linkage between one decision-making level and the other? These are major issues to design sound transitions to sustainability.

Over the past decade, international human rights organisations and think tanks have expressed a growing concern that the space of civil society organisations around the world is under pressure. This book examines the pressures experienced by NGOs in four partial democracies: Guatemala, Honduras, Indonesia and the Philippines.

China and India already rank among the world's largest economies, and each is moving rapidly towards the centre stage of the global economy. In this process different priorities have been placed on economic reforms in the past two decades--China taking a more outward strategy and India, until recently, a more inward one. Can they continue to rank among the fastest expanding economies? This volumes addresses the issue, highlighting what has worked and what more needs to be done to ensure sustained rapid economic growth and poverty reduction. Addressing the two countries' recent experiences with growth and reform, this book provides important insight for other developing economies.

With its vast population and resources, China has far more potential to become a major world power than any other Third World nation. How, then, can it be grouped with the underdeveloped countries of the world? In this original study by outstanding Asian scholars, China's Third World identification is explored in relations to its domestic policies, ideology, strategic and economic imperatives, and positioning in world affairs.

In the 1990s, development policy advocated by international financial institutions was influenced by Washington Consensus thinking. This strategy, based largely on liberalization, privatization, and price-flexibility, downplayed, if not disregarded, the role of government in steering the processes of technological learning and economic growth. With the exception of the Far East, many developing countries adopted the view that industrial policy resulted in inefficiency and poor economic growth.
Ample historical evidence shows that industrial policy does work, when the right technologies and industries are supported and when appropriate combinations of policy measures are implemented. This book provides an in-depth exploration of which industrial policies have been successful, the trade-offs associated with these microeconomic approaches to growth and development, and the opportunities and constraints associated with the current organization of international economic relations.

Foreign subsidiaries of multinational companies are suggested as one of the main channels of technology transfer to less developed economies. In Central East Europe their presence proved to be a decisive factor to economic restructuring and development. This volume is a unique guide to theory, method of research, and empirical evidence, for technology transfer via foreign subsidiaries of multinational companies. It combines the merits of a core text on technology transfer via FDI with up-to-date empirical evidence.

Developing countries' financial sector has been affected by a troubled macroeconomic environment and repressive policies. To improve their financial sector performance, some governments have responded with financial reform policies which have succeeded in only a few but failed in several countries. This book identifies the challenges and solutions for policymakers and financial managers in countries implementing financial reform policies. It analyzes the anatomy of success and failure of reform and argues for sound financial regulation and supervision in these countries.

Previous books on growth management in the United States favor balanced growth, which suggests that growth and environmental protection represent equally legitimate objectives. Taking issue with the balanced growth position, this book argues that further growth is unsustainable and that growth management must focus on ensuring ecological sustainability. The book opens with the arguments supporting current global limits to growth, and then shows that the growth management movement in the United States represents an institutionalized form of ongoing growth accommodation, which is incongruous with sustainable behavior.

The book also documents the historical pro-growth tendency of the planning profession and contends that this bias is impeding the necessary transition to a sustainable future. In addition, it presents the standards courts use to decide the legality of growth management programs and suggests that those standards do not present insurmountable obstacles to stopping future growth. In conclusion, this book presents operational measures of ecological sustainability and argues that the growth imperative currently driving the growth management movement must be replaced by the imperative of ecological sustainability.