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Books > Business & Economics > Economics > Development economics
This book provides a comprehensive overview of Russia's difficult economic transition from a command economy since the early 1990s. It covers the financial crisis of August 1998 and the global financial crisis a decade later. Key subjects covered include economic transition, privatization and liberalization; changes in land ownership and agriculture; energy; foreign direct investment; economic stabilization; and economic performance. Russia is well endowed with raw materials, especially oil and natural gas; this book argues that in some ways this has not helped Russia's attempts to become a more diversified and high-tech economy. Overall, the book demonstrates how much the Russian economy has changed in the period. It continues - and adds to -- the overview of developments in the author's The New Russia (2002), and is the companion volume to Political Developments in Contemporary Russia (2011) - both published by Routledge.
In what ways did economic considerations affect the decision by Britain and France to make their Black African colonies independent? Why were early expectations that independence would lead to rapid and sustained economic development in Africa for the most part disappointed? This title, originally published in 1986, seeks to tackle these two important and strongly debated issues. The main aim and value of the book is to take a broad view of this huge subject, pulling together material on most parts of Black Africa south of the Sahara and north of the Limpopo so that the problem can be seen as a whole. It takes account of a wide range of possible and actual factors which have influenced African economic development, weaving them into a single analysis, including the colonial inheritance, the impact of the fluctuating international economy, policies adopted by African governments and indigenous factors such as climate, drought and human resources. The book is written to be understood without difficulty by non-specialists and is intended to act as an introduction to its subject for university students.
First published in 1972, this is a book of essays offered in honour of Paul Rosenstein-Rodan, the distinguished economist whose career started in mid-1920s Vienna and subsequently spanned Europe, Britain, the USA and many of the less developed countries of the world.The book includes reviews of past developments, chapters on development trade and value theory, an assessment of contemporary emerging economic patterns, development and trade policy, and investment policy. Further essays cover the intellectual history of development economics, general aspects of growth and economic policy in underdeveloped countries and the problems of income distribution and sectoral and regional development.
Conceived as a response to the economic naAvety and implicit metropolitan bias of many 1950s and 60s studies of a ~the sociology of developmenta (TM), this volume, first published in 1975, provides actual field studies and theoretical reviews to indicate the directions which a conceptually more adequate study of developing societies should take. Much of the book reflects strongly the influence of Andre Gunder Frank, but the contributors adopt a critical attitude to his ideas, applying them in empirical situations within such African and American countries as Kenya, Guyana, Tanzania and Peru. Others pursue the lines of enquiry opened up by Latin American theories of economic a ~dependencya (TM) and by the new school of French economic anthropology.
Originally published in 1960, with a second edition in 1969, this book is of special interest for having been the first systematic attempt to discuss problems of fiscal policy from the point of view of promoting economic growth in underdeveloped countries. It deals mainly with problems of tax policy, and outlines the economic principles by which the structure of taxation in developing economies can be constructed and evaluated. The work made a distinct contribution in the field of Development studies by reorienting the theory of fiscal policy originally developed in the economically advanced countries to the problems, requirements and institutional structure of an underdeveloped, over-populated country with a mixed enterprise system.
Professor Bauer's book, first published in 1961, reviews the major elements of contemporary official Indian development policy, considers their economic implications and their probable political and economic results. He then examines alternative approaches to the promotion of development. The development plans, notably the Second Five Year Plan and the official outlines of the Third Plan, receive major attention, but the author also considers other official policies and measures affecting economic development, which do not usually figure prominently in the formal development plans. Specific themes which Professor Bauer considers are: the influence of social customs and attitudes on economic progress; the relationship between investment expenditure and economic development; inter-relationships between agriculture and industry; the heavy industry programme; the controls over the private section; the relation of Plan finance to the foreign exchange crisis; the role of foreign aid; and the importance of certain major political objectives.
First published in 1982, this work offers an analysis Brazil's long-term economic history and development, spanning the period from independence to post-war industrial growth. The book focuses upon the classic problem of why Brazil failed to develop economically during the nineteenth century in a manner similar to the United States and other regions of recent settlement. This volume discusses in detail the principle features of Brazil's economic landscape between 1822 and 1947, containing special coverage of topics such as slavery and the elastic supply of low cost labour from overseas; the inelastic supply of domestic output; the critical importance of the domestic agricultural sector and the lack of low-cost transportation; the reasons for the failure of international trade to act as an engine for generalized economic development; the special importance of economic infrastructure and public finance for the onset of sustained economic growth and structural change; and the central features of Brazilian development and industrialisation in the first half of the twentieth century.
This reissue of Sandar Panikkara (TM)s 1959 book is based upon a series of lectures given at the Institut da (TM)Etude de Development Economique et Social, which spotlights the problems faced by the multitude of African and Asian states which achieved independence between 1945 and 1957. From Asia, the author discusses the plight of India, Pakistan, Burma, Indonesia, Ceylon, Vietnam, Cambodia, laos, Syria and Lebanon whilst in Africa he assesses the independence of the Sudan, Tunisia, Morroco and Ghana. The problems faced by these countries have many similarities, not least the need to develop systems of political organisation, administrative services necessary for a modern government and the need to completely reorganise their economy.
How do the intellectual origins and historical background of western and other theories of development affect their relevance to contemporary Third-World conditions? This is the central question behind Gavin Kitchinga (TM)s examination of a ~development studiesa (TM), first published in 1982, from its origins in the late 1940s through to the contemporary era. While presenting the contemporary a ~radical orthodoxya (TM) of development studies, Kitching argues that these theories are continuations of much older traditions of populist and neo-populist thought.
First published in 1983, FranAois Perrouxa (TM)s A New Concept of Development analyses the major paradox of our era: the desire for progress and the mistrust of its consequences. The authors argues that the approach to the question of development may be the key to understanding both the present and what the future brings, representing a pattern which will seek to shape mana (TM)s potential to his designs. By analysing the ideas and theories propounded by the economic approach the authora (TM)s aim is to clarify both the meaning and direction of research in development. A scientific, oriented economy and efficient strategies should and must be the two components of one and the same momentum, required to go beyond the perilous paradox of our era.
Much about India's economy and aid flows has changed in the last two decades. India's growth rate has quickened since economic liberalisation, the poverty head count has fallen and the volume and composition of its aid have changed as new issues of climate change and the environment have emerged.. Yet Does Aid Work in India?, first published in 1990, remains of great interest as a study of aid effectiveness in India's pre-liberalisation era. It identifies those sectors where aid-funded interventions succeeded, and where they failed. It explains how India avoided problems of aid dependence, and managed the political tensions that are associated with aid policy dialogue. More generally, it contains a useful commentary on and criticism of donors' aid evaluation procedures at that time and it highlights donor efforts in the difficult area of institution building. Despite the passage of time, many of the insights from India's earlier experience remain highly relevant to key issues of development assistance today.
This reissue, first published in 1976, considers the rapid rate of economic growth in Kenya, combined with its apparent political stability, to determine whether or not this is indeed a case of 'growth without development' and, if so, where the responsibility for aid lies in this situation. The book concludes that while Kenyan growth has not been to an ideal pattern, accompanied by an increase in inequality, there is little or no reason to believe that living standards have not improved. It examines the impact of aid on Kenya's progress at both the microeconomic and macroeconomic level and provides an institutional study of the impact of aid on Kenyan Government policy formation and administration and a discussion of British aid's political purposes and influence in Kenya. The authors conclude that some of the effects predicted by the critics of aid are visible, but that the net effect on general living standards has been strongly positive, concluding that the problems constitute a case for improving aid procedures, but not against aid itself.
Ghana is one of the earliest and most serious examples of the build up of foreign debt by a developing country to support its policies for economic growth. This study, first published in 1974 in conjunction with the Overseas Development Institute, analyses Ghana's economy over twenty years and highlights the problems of the debtor/creditor relationship between developed and developing countries. The study concludes with an assessment of the creditors' contribution to Ghana's critical debt position through their readiness to supply funds without adequately analysing the viability of the programmes they supported and through the repayment and interest terms they offered - terms which were too heavy for Ghana to meet.
First published in 1988, this work provides a comprehensive picture of the range of physical environments in Africa, focusing upon those characteristics and issues central to the management of environmental resources. Beginning with an overview of the geographical and environmental history of Africa, the authors also provide to the evolution of the management of resources and then details a broadly defined ecosystem approach, in which major environmental resource issues are identified and addressed in the tropical rainforest, the Savannah dry-forest, the arid and semi-arid areas, the highlands, and the extra-tropical zones of Northern and Southern Africa. The book is designed to contribute to a better understanding of African environmental and resource-management problems and this reissue should be welcomed by students of Africa and of environmental resource management problems in general.
This groundbreaking work from the hugely influential economist P. T. Bauer, first published in 1954 and reissued with a new introduction in 1963, is a thorough and detailed analysis of the findings of the Colonial Economic Research Committee, from their investigation into the structure of West African Trade and especially the monopolistic tendencies inherent within it. Materials for the study were collected and analysed between 1949 and 1952, offering an invaluable insight into dominant features of contemporary West African Economies and an analysis of their implications.
First published in 1982, this reissue deals with the theory of underdevelopment, as Dr. de Silva attempts a synthesis between the internal and external aspects of underdevelopment and, in the Marxist tradition, focuses on the impact of the external on the internal as the dominant reality. Viewing underdevelopment as a problem in the non-transformation to capitalism, this analysis is in terms of the character of the dominant capital and of the dominant classes. Underdevelopment thus encompasses the a ~traditionala (TM) peasant economy and also the export sector where the a ~modernizinga (TM) influence of colonialism was felt. The book finally considers how the contemporary internationalization of capital affected the economies of the Third World.
First published in 1976, this book deals with contemporary tensions between the West and the Third World, caused by hunger, malnutrition and poverty, perpetuated by an imbalance in the distribution of world resources. The book deals with the issue of malnutrition in the Third World, which owes much more to poverty and unemployment than to agricultural failure. The author also believes that population control can do little in the absence of a more equitable distribution of world resources and political power within and between countries involving a fundamental change in ideology and education. This is a challenging and critical book, whose arguments cannot be ignored by anyone concerned with the creation of a just and stable world order.
Food aid is a controversial form of development assistance and this book, first published in 1979, seeks to counter allegations from critics by taking account of both direct and indirect affects. Based on field research in Tunisia, Botswana, Upper Volta and Lesotho, it considers aid from the UK, EEC, USAID, the World Food Programme, Canada and France, and draws a number of policy-orientated conclusions about the impact of food aid on nutrition, consumer prices and agricultural production. In the light of the evidence from field studies it is shown that many of the claims advanced by food aid supporters and by critics cannot be sustained, and that the real impact of food aid is rather different from that assumed by the conventional wisdom on the subject.
First published in 1971, this reissue considers the main aspects of foreign aid to developing countries in terms of economic concepts and principles. The author gives an economic definition of aid and considers the motives for giving aid and the principles on which it may be allocated. He looks at the effect on the economic growth of developing countries of both the aid given and the need to repay the debt, and the effect on trade patterns and resource allocation of tying aid to one particular project, or one source of goods. While economic analysis is only a first step in providing a basis for policy decisions on foreign aid, Dr Healey shows that many issues can be clarified by looking at them from the economists' point of view.
The primary questions addressed by this study, first published in 1988, focus on how private bankers made decisions on the creditworthiness of developing countries during the 1970s and what the implications of these decision rules are for the developing countries today. Based on interviews with senior bankers about their decision rules, the author has developed artificial intelligence-based simulations of their images of creditworthiness. Discussed are contemporary proposals for solving the debt crisis.
First published in 1987, this volume was written to shed some light upon the nature and environmental consequences and wider relevance of development strategies in the Peoples? Republic of China. It covers industrialisation, food production, energy use and landscape and settlement planning. The Chinese "autocentred" strategy is assessed from both the developmental and the environmental viewpoints. Decision-making processes and the opportunities to implement environmental policy in other parts of the developing world are analysed and the volume concludes with the view that benefits to other countries are likely to arise out of increased co-operation and exchange with China, although the Chinese model is by no means a panacea. All students and researchers interested in either environmental or developmental issues will find this book to be a substantial and enlightening contribution to literature.
First published in 1966, this work summarises the theories of economic growth, both ancient and modern, and presents them in a form particularly suitable for university students, both in the developing world and elsewhere. The objective is to enable students to assess the major factors making for economic development and to encourage them to think about ways of applying their knowledge to the particular problems of their own countries. In addition there is a special survey of growth and of limiting factors in the economies of underdeveloped countries, with an important analysis of the economic results of planning in the USSR.
First published in 1996, this insightful and informative text examines the post-emancipation and recent economic history of the Commonwealth Caribbean. Jay R. Mandle offers an explanation of the region's continuing underdevelopment. Through the use of an analytical framework derived from the works of Marx and Kuznets, the book focuses attention on technological change as the driving force behind economic modernization. Persistent Underdevelopment begins by exploring how plantation agriculture had a limiting effect on industrial growth. Ultimately, plantation dominance receded; technological stagnation continued, however, and, under British colonial policy the Caribbean failed to modernise. The post-World War II era brought new efforts at modernisation through the economic policies of the left regimes of Manley, Burnham and Bishop. The concluding chapters point the way to policies that would enable the Caribbean to escape its current poverty and become an effective participant in world markets, finally achieving the goal of modern economic development.
First published in 1982, this study attempts to put contemporary Caribbean development into historical perspective. By first constructing a Marxist framework for the study of development , Jay Mandle assesses the reasons why the region emerged underdeveloped and evaluates post-world-war two efforts to overcome the legacy of poverty through a strategy of "industrialization through invitation." Identifying the reasons why a Marxist framework yielded results which were unsatisfactory, the author then explores the requirements which must be met for a more reliable study of the Caribbean's economic development. Case studies of Cuba, Jamaica, Guyana, Trinidad and Tobago examine the extent to which these requirements have been met.
This volume, first published in 1982, is a collection of original essays written to honour Professor W. Arthur Lewis, 1979 co-winner of the Nobel Prize in economics. The authors, an international group of distinguished scholars, address a varied set of specific issues reflecting Professor Lewis' research interests, covering topics which include: technological change in agriculture, analyses of unemployment and income distribution, the role of government policy in the development process, the historical record of development, and the relationship between developed and developing nations. The book will be of interest to both the academic researcher and practicing professionals in the international organisations and national governments, and are particularly appropriate to graduate courses in economic development, cost-benefit analysis and economic history. |
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