This book aims to define comparative economics and to illustrate the breadth and depth of its contribution. It starts with an historiography of the field, arguing for a continued legacy of comparative economic systems, which compared socialism and capitalism, a field which some argued should have been replaced by institutional economics after the fall of the Berlin Wall. The process of transition to market capitalism is reviewed, and itself exemplifies a new combination of comparative analysis with a focus on institutional development. Going beyond, chapters broadening the application of comparative analysis and applying it to new issues and approaches, including the role and definition of institutions, subjective wellbeing, inequality, populism, demography, and novel methodologies. Overall, comparative economics has evolved in the past 30 years, and remains a powerful approach for analyzing important issues.

The past two decades have seen a process of almost continuous reform in public management in developed countries and a renegotiation of traditional relationships between state, economy and society. These changes have been expressed through privatization, civil service reductions and restructuring, the introduction of market-type mechanisms to improve the delivery of public services, the construction of new forms of partnership between state and non-state organizations, and new types of regulation and accountability. In turn, these public management reforms have, in a variety of ways, been transferred to the state systems of developing and transitional economies. The Internationalization of Public Management constitutes one of the first attempts to examine the conceptual and practical problems which attend such policy transfers, and to make preliminary judgements about the successes and failures of public management reform in developing countries. The distinguished group of contributors offers instructive insights into the complex reality of the development state. Both academics and postgraduate students within the areas of politics and governance, public sector management and development studies will find this book essential reading. Practitioners in these fields, especially within aid agencies and research institutions, will also find the book contains valuable lessons and conclusions.

This important Handbook on international development policy and management covers a broad spectrum of contemporary topics across all the major areas of interest. With over 40 chapters, the book comprehensively explores the many themes and issues of significance for both policy and implementation, and provides easily accessible reference material on current practice and research. The 42 contributors come from a diverse range of backgrounds, and enjoy international reputations in their chosen fields. The Handbook is organised in two parts, one dealing with policy issues and the other with implementation and management issues. The first part, on policy, covers a wide range of economic, social and environmental topics. The second part explores the political context of implementation and development practice and goes on to cover a range of issues relating to management in the public and non-state sectors and the management of development projects. Each individual chapter provides background information on theory and practice, describes the current 'state of play', examines prospects for the future and includes an annotated guide to further reading. This extensive handbook will become an essential reference on international development policy and management. Although primarily designed for postgraduate students and scholars of development studies, it will also be welcomed by development practitioners, NGOs and aid agencies.

The objective of the book is to evaluate critically the ten principles of the Washington Consensus, which govern the conditionality provisions of the IMF and World Bank, and guide the so-called economic reform in developing countries. The book starts with an overview of the Consensus, followed by a chapter on IMF conditionality and how they are related. Since the Consensus is inherently neoliberal, a chapter is devoted to a critique of the free market doctrine and the concept of economic freedom as seen by free marketeers. The ten principles of the Washington Consensus (referred to as the 'ten commandments') are divided into four groups: fiscal reform, interest and exchange rate policies, liberalization of trade and foreign direct investment, and privatization and deregulation (including property rights).The book is written in the normative tradition of what ought to be, as opposed to the positive tradition of what is. While it may be tempting to describe the work as 'polemic', the underlying issues contain such a significant moral component that pretending to be neutral would be a betrayal of justice and morality. In essence, the arguments put forward in the book are intended to dismantle, discredit and debunk a set of principles that are effectively used to loot developing countries.

This concise book, by one of the leading scholars in development economics, has been developed from a series of lectures given to masters students and will serve as an excellent introduction to the principles of growth and development theory. The author presents conventional wisdom with a critical eye and charts development economics as it has evolved from Adam Smith to 'new' or endogenous growth theory. Thirlwall is critical of the latter, and its predecessor neo-classical growth theory, and tries to put back demand as a driving force in growth theory. He argues that in an open developing economy one of the major constraints is the availability of foreign exchange to pay for imports, so that export growth which relaxes a balance of payments constraint on demand becomes a crucial determinant of overall growth performance. Demand creating its own supply in a growth context, rather than the pre-Keynesian view of supply creating its own demand, provides an alternative framework to the neo-classical one for understanding the differential growth performance of nations. This highly original book will be essential reading for all students and scholars of development and growth economics.

This book focuses on labour dislocation and migration of Palestinians between 1967 and 1992. In particular, it highlights the social transformations in the occupied Palestinian territory where Palestinian labour was permitted to work in Israel from 1968 onwards. Elaborating on the results of the policy which saw a gradual increase in the number of Palestinian workers commuting daily from a negligible proportion of the actively participating labour force, to 35 percent of all employed persons, and 60 percent of all wage paid workers, the book studies this unique case which embodies characteristics from permanent migration situations not only in the de-jure, but also the de-facto sense; insofar as it embeds higher risks and reallocates resources as if it was a permanent relocation scenario. Illustrated with tables and econometric results, the book identifies the determinants and implications of migrant labour from the West Bank using two broad methodologies: the neoclassical and the historical-structural method. Each of these methods is divided into two branches: the classical divided into price determined and a choice-theoretic framework,and the historical-structural divided into dependency and Marxist theory. In order to gain a comprehensive understanding of the situation, all four perspectives are employed in the investigation. In doing so, what emerges is a structure for the book which takes shape along the different lines of migration literature. The book provides new insights into the making of wage labour and labour migration theory.

Cost-benefit analysis is a key component in the evaluation of economic development strategies. In this new, updated version of his earlier book, Project Appraisal for Developing Countries, Robert Brent provides a comprehensive and accessible introduction to recent developments in project appraisal. Cost-Benefit Analysis for Developing Countries interprets, expands and evaluates the principles of project appraisal using the approach recommended by the World Bank. Robert Brent challenges a number of their findings, particularly through the inclusion of the 'numbers effect', the number of people affected by a development project, as a separate social objective. The book is based on a combination of sound economic theory and extensive empirical research, and case studies are used throughout to illustrate the theory. The author analyses, from an applied perspective, the most recent developments in project appraisal. He discusses key issues such as: structural adjustment lending investment criteria the basic needs approach shadow and market prices the social discount rate risk analysis. Cost-Benefit Analysis for Developing Countries will be essential reading for students with an interest in development economics, development studies, public policy and comparative economic systems as well as policymakers and practitioners in international organisations and developing countries.

Business systems undergo a number of transitions as the needs and demands of society change. With heightened connectivity driven by the development of the Internet, new opportunities for venture development and creation have become available to business owners and entrepreneurs.Crowdfunding for Sustainable Entrepreneurship and Innovation is a pivotal reference source for the latest scholarly research and business practices on the opportunities and benefits gained from the use of crowdfunding in modern society, discussing its socio-economic impact, in addition to its business implications. Featuring current trends and future directions for crowdfunding initiatives, this book is ideally designed for students, researchers, practitioners, entrepreneurs, and policy makers.New financing models such as crowdfunding are democratizing access to credit, offering individuals and communities the opportunity to support, co-create, contribute and invest in public and private initiatives. This book relates to innovation in its essence to anticipate future needs and in creating new business models without losing revenue. There are tremendous unexplored opportunities in crowdsourcing and crowdfunding; two sides of the same coin that can lead to a revolution of current social and economic models. The reading of this book will provide insight on the changes taking place in crowdfunding, and offer strategic opportunities and advantages.

This book comprehensively examines the performance of Bangladeshi agriculture in light of the most recent thinking on economic development and the environment. It both analyses the experience during the last five decades and discusses the major issues and challenges with special emphasis on the prospects for sustainable agricultural development in the future. The authors emphasise the importance of distributional aspects of environmental change and development in relation to employment and poverty and also focus on gender issues - often ignored in traditional theory. Many of the issues that arise in Bangladesh in connection with the agricultural-development nexus are not unique to the country. Parallels exist elsewhere in the developing world and as such Bangladesh is useful as an example from which to draw conclusions about much of the developing world. Environment and Agriculture in a Developing Economy will therefore be of particular interest to developmental and environmental economists as well as international organisations and NGOs committed to environment and development issues.

This book explores the diverse experience of Bangladesh's development over the last fifty years and provides systematic explanations of its success in socioeconomic development. It also assesses future trends on the basis of past experiences. It is widely acknowledged that Bangladesh provides one of the most striking examples in the study of present day development along with rapid growth and catching up. The analysis highlights the development traps that Bangladesh faced during its journey and the ones that may have to be faced in the coming decades in order to move towards prosperity. The book asserts that explaining Bangladesh's development is not for the simpleminded; any single mono-causal explanation for Bangladesh's development is bound to fall down in the face of reality. This book will be of interest to academics, students, policy makers and development practitioners especially in developing countries-in particular in South Asia and Bangladesh.

This book presents selected theoretical and empirical papers from the 26th and 27th Eurasia Business and Economics Society (EBES) Conferences, held in Prague, Czech Republic, and Bali, Indonesia. Covering diverse areas of business and management in various geographic regions, it addresses a range of current topics, such as human resources, management, SMEs and marketing. It also includes related studies that analyze management and marketing aspects, e.g. workplace learning, gamification in business, resilience and entrepreneurship, the use of IT tools in small businesses, and dynamic marketing capabilities in an intercultural environment.

This book examines the butterfly effect in China's modern economic development during the period of 1978-2018. In chaos theory, the butterfly effect refers to a phenomenon that a butterfly flaps its wings in Okinawa, and subsequently a storm may ravage New York. Deng applied a trivial idea, called the market mechanism, to China's countryside in 1978. The idea has subsequently caused economic structural changes and fast growth in the economy with the largest population in human history. China's per capita GDP jumped from $100 in 1978 to over US$8,000 in 2018. Eight hundred million people have made a great escape from poverty. By 2018, China was the world's second-largest economy from its 10th position in 1978 with its 9 per cent average annual growth rate of GDP in the previous four decades. This illuminating book will be of value to economists, scholars of China, and historians.

The book Contemporary Perspectives in Corporate Social Performance and Policy - The Middle Eastern Perspective is our endeavor to deepen the current discussion about business and institutional activity in Middle Eastern countries and disseminate the new perspective of the scientific inquiry in the responsibility of various organization operating in this part of the world. The book is divided into four parts: "Introduction", "Reality and Challenges of Corporate Social Performance - The Middle Eastern Perspective", "Corporate Social Responsibility in Middle Eastern countries", "Corporate Social Performance -specific problems". There were included some theoretical and practical contributions into the topic of corporate social responsibility and corporate social performance based on experiences from different countries (such as Israel, Turkey, United Arab Emirates). We hope that this volume will help to understand better this specific region and its business activities.

This book offers new perspectives on the economic development of the Middle East and North Africa region. Offering both theoretical studies and empirical country studies, it examines micro- and macroeconomic issues and provides deep insights into the development challenges and prospects of various countries in the region. The articles examine a wide range of development issues, including economic growth, natural resource use, food security, poverty and inequality, corruption and transparency, military spending, water and resource scarcity, agriculture and aid effectiveness, and other relevant issues. The volume is aimed at scholars in economic and development studies as well as policy-makers and investors interested in the economic development of the MENA region.

Although in recent years some emerging economies have improved their performance in terms of research and development (R&D) investment, outputs and innovative capacity, these countries are still blighted by extreme poverty, inequality and social exclusion. Hence, emerging countries are exposed to conditions which differ quite substantially from the dominant OECD model of innovation policy for development and welfare. This Research Handbook contributes to the debate by looking at how innovation theory, policy and practice interact, and explains different types of configurations in countries that are characterized by two contrasting but mutually reinforcing features: systemic failure and resourcefulness. Focusing on innovation governance and public policies, it aims to understand related governance failures and to explore options for alternative, more efficient approaches. This book brings to the fore new concepts, theories and questions about the Global South, across multiple disciplines. It discusses specific country cases, exploring overarching patterns and lessons that address development bottlenecks and policy designs aimed at improving quality of life and economic progress in emerging economies. Defining more adequate development strategies by balancing economic well-being with social inclusion, this book will be of great interest to scholars, students and policy makers of innovation, growth and development studies. Contributors include: B.A. Adebowale, R. Arocena, L. Becerra, P. Catalan, C. Chaminade, P. Delvenne, A. Djeflat, G. Dutrenit, M. Fressoli, S. Garrido, P. Juarez, S. Kuhlmann, A.M. Loconto, S. Mani, G.M. Marcelle, G. Ordonez-Matamoros, J. Orozco, A.A. Oyewale, R.P. Perez, M. Puchet Anyul, B. Rennkamp, E. Robles-Belmont, M. Salazar, M. Scerri, E.F. Simbua, W.O. Siyanbola, J. Sutz, H. Thomas, F. Thoreau, D. Vinck, J. Voeten

An instant classic. --Arianna Huffington Will inspire people from across the political spectrum. --Jonathan Haidt Longlisted for the Porchlight Business Book of the Year Award, an essential shortlist of leadership ideas for everyone who wants to do good in this world, from Jacqueline Novogratz, author of the New York Times bestseller The Blue Sweater and founder and CEO of Acumen. In 2001, when Jacqueline Novogratz founded Acumen, a global community of socially and environmentally responsible partners dedicated to changing the way the world tackles poverty, few had heard of impact investing--Acumen's practice of "doing well by doing good." Nineteen years later, there's been a seismic shift in how corporate boards and other stakeholders evaluate businesses: impact investment is not only morally defensible but now also economically advantageous, even necessary. Still, it isn't easy to reach a success that includes profits as well as mutually favorable relationships with workers and the communities in which they live. So how can today's leaders, who often kick off their enterprises with high hopes and short timetables, navigate the challenges of poverty and war, of egos and impatience, which have stymied generations of investors who came before? Drawing on inspiring stories from change-makers around the world and on memories of her own most difficult experiences, Jacqueline divulges the most common leadership mistakes and the mind-sets needed to rise above them. The culmination of thirty years of work developing sustainable solutions for the problems of the poor, Manifesto for a Moral Revolution offers the perspectives necessary for all those--whether ascending the corporate ladder or bringing solar light to rural villages--who seek to leave this world better off than they found it.

The timeliness of this book is beyond question. Since the crisis erupted in Thailand in mid-1997 and spread, with varying degrees of severity, to the rest of Asia, the export-led industrialization strategy that has driven economic growth in East and Southeast Asia over the last 50 years has come into question. Is this model still applicable to latecomers such as Vietnam? The Asian financial crisis has highlighted the dangers of implementing export-oriented industrialization through government subsidies and protection. This book finds that the strategy followed by the Asian economies in the last half-decade remains a valid model for Vietnam. In order to avoid grave damage to its financial institutions, the strategy needs to be implemented in conjunction with the development of a sound financial system and a robust private sector. Based on a detailed analysis of the causes and nature of the Asian financial crisis as well as the Vietnamese economy, this book concludes that it is unlikely that Vietnam will face a banking and currency crisis in the short term, but Vietnam could be plagued by balance of payments difficulties for some time to come unless major structural reforms are undertaken soon. This timely book will be of great use to Asian studies scholars and those interested in the role of the financial sector in economic management and development.

Privatization investment funds are the key feature of mass privatization programmes in transitional economies. This book offers a thorough survey of mass privatization programmes in the Czech Republic, Poland and Slovenia, supported with extensive empirical analysis. The study of 'top-down' privatization funds in Poland and 'bottom-up' funds in the Czech Republic and Slovenia offers different solutions to the problem of how to improve the governance of privatization funds. The authors argue that the institutional structure of closed-end investment companies and open-end mutual funds has not provided the right incentives to maximize the value for the shareholders. In addition too many regulations are in place in underdeveloped markets to protect new shareholders unaccustomed to exercising their ownership rights. Instead, the authors argue that they need to promote adjustment in fund portfolios and ownership structures in order to spur the development of capital markets and effective mechanisms of corporate governance.

Hans-Peter Brunner has produced here a very thoughtful piece of scholarship. This important book is genuinely innovative and very well executed. It addresses a very significant problem - how the integration and inter-linkage of national markets through regional cooperation and integration adds to productivity growth. The book goes on to define a meaningful theoretical framework, describes relevant regional experiences, and then presents a road map for cluster development. As such, it will be of value to academics, practitioners and policy makers alike.' - Kislaya Prasad, University of Maryland, College Park, USThe rise of Asia, as well as the future of regional cooperation and integration (RCI) the world over, will be profoundly influenced by the challenges of slowing productivity growth, increasing economic inequalities and systemic vulnerabilities. Such structural reform issues will require RCI policies that complement domestic policy reform. This unique book explains what drives the regional economic integration of nations and their contribution to national knowledge capital. It also lays out how such beneficial integration can generate broad-based, equitable wealth in Europe and Asia. Unique in the regional economic integration literature, this comprehensive book identifies the set of drivers of integration for productivity growth. Importantly, it describes and compares the experiences of the Baltic Sea Region with Asia's use of a set of institutionalized consensual knowledge and decision tools to drive inclusive and productive growth throughout a period dominated by the global economic crisis. Original and enlightening, Innovation Networks and the New Asian Regionalism will be vital reading for academics and researchers interested in regional integration and innovation. Policy makers and practitioners in regional development and economic geography will also find it to be an invaluable resource.

This volume offers fresh insights into economic development and growth in emerging economies. It includes contributions covering topics such as natural disasters and income inequalities, the environmental impact of economic growth, social preferences, information and market disorder under democracy, inflation targeting and its covariates, economic empowerment. This book is intended for scholars in the field of economics, and those interested in furthering economic development.

Using original research to address cutting-edge topics, this Handbook explores the rapidly evolving and increasingly multifaceted relations between China and developing countries. Innovative, data-rich analysis by leading experts from around the world critically assesses such timely issues as the 'China model', Beijing's role in international development assistance, World Bank governance, Chinese peacekeeping and South-South relations, and developing countries and the internationalization of China's currency. China's engagement with individual countries and regions throughout the developing world is examined, including Chinese private sector investment in Africa. This unique and comprehensive study is an essential reference for scholars and policy experts alike, with a breadth and depth of coverage that will inform and guide analysis for academics, practitioners and postgraduates. Contributors: L. Austin, A. Bodomo, D. Brautigam, D.J. Bulman, C. Cheng, G. Chin, C.P. Freeman, M. Gurtov, S. Ho, G.L. Le Pere, B. Mariani, H. Mo, G. Paz, R. Roett, S. Shen, X. Shen, Y. Sun, N.L.P. Swanstroem, X Tu, M. Turzi, T. Wesley-Smith, Y. Xu, J. Zhang, Q. Zhang, S. Zhao

Economic and Social Development in Qatar analyses and discusses the economic and social development in Qatar since the country's emergence as a soveriegn State in 1971. Qatar is now a member of the United Nations, the International Monetary Fund, the Arab League, the Non-aligned Gropu, the Cooperation Council for the Arab States of the Gulf, the Organization of the Petroleum Exporting Countries (OPEC), the Organisation of the Arab Petroleum Exporting Countries (OAPEC), and as such has a significant role to play in world affairs. The author provides a detailed and lucid introduction to the resources, policies and system of government which have brought about this rapid progress. Qatar has vast reserves of crude oil and natural gas which form the backbone of the economy, providing the main source of foreign exchange earnings which in turn is essential for teh continued importation of capital goods and services. Improvement in living conditions is a dominant feature of the development policy, which expenditure on education, public utilities, health care, improved housing, mass media and cultural facilities taking priority. Industrial development is directed at widening the productive base of the economy through the establishment of natural gase based and other manufacturing industries. This book documents the twin developments of economic and social advancement.