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Books > Business & Economics > Economics > Development economics
This book discusses the case for socialism and the models of socialist planning. Through examining different countries, each chapter examines the successes and failures of contrasting socialist policies. The theories and techniques of socialist planning are discussed in relation to the Soviet Union and India, with additional attention given to Great Britain, Scandinavia, and the former Yugoslavia. Imperialism and Capitalism, Volume 2: Normative Perspectives aims to explore the alternatives to capitalism within different sectors and situations. The book is relevant to those interested in economics, development studies, international relations, and global politics.
It is widely recognized that sustainable development can only be achieved if environmental, economic and social issues are combined in development plans, policies and programmes. This book examines the integrated approach to the development process, and analyses the theory and practice of integrating assessment techniques and decision-making. The editors begin by presenting a comprehensive introduction to integrated appraisal in development strategies as well as outlining issues which are important to the future understanding and practical application of integrated appraisal. A group of authors from a range of disciplinary and country backgrounds then present alternative perspectives and methods of an integrated approach to sustainable development, and apply integrated appraisal to a variety of case studies from developing and transitional countries. This book will be warmly welcomed by development policymakers and consultants in government and non-government organizations as well as academics and postgraduates working in the fields of economics, development and environmental studies.
This book explores opportunities for diversifying modern Kazakhstan's economy, which is still heavily dependent on its natural resources, as well as looking at economic opportunities for the whole Central Asian region arising from the Chinese government's Belt and Road Initiative (BRI). The book is comprised of four parts. Part 1 explores the first main theme of the book: development of the economy based on the resource sector with the example of Kazakhstan. Part 2 examines opportunities for diversification arising from BRI: a rise of transport and communication industries alongside the new Belt and Road economic route. Part 3 explores the view from China on the perspectives of regional development, not least the economic reasons for the launch of this programme, investments and planned effects. Part 4 discusses other internal sources for diversification of the economy in Kazakhstan based on development of local industry in the oil and gas sector, small- and medium-sized enterprises and tertiary sector of the economy. This book will be of value for students, academics, policy-makers, and practitioners focused on economic development and business in the Central Asian region, as well as those who are working on the design of instruments for economic development in their own countries.
In examining countries that have experienced rapid economic growth and development, the proper role of the state vis-a-vis the market has been intensely scrutinized and debated. Engaging this literature through the lenses of neoliberalism and globalization, the authors provide a thorough and compelling study of the varying developmental experiences of Chile and Taiwan. This excellent book is a valuable reading for scholars and students of the politics and economics of development.' - Alexander C. Tan, University of Canterbury, New Zealand'Challenging Neoliberalism provides an excellent analysis of the characteristics, contradictions and limits of neoliberalism and globalization. And it is a brilliant investigation of two exemplary cases of free-market based development: Chile and Taiwan. Employing institutionalist theory, Cal and Evelyn Clark provide a precise and penetrating study of the neoliberalization of these two countries and their divergent socio-economic growth policies that engendered equally important 'economic miracles.' The authors' ability to convincingly illustrate the ultimate incompatibility of neoliberalism and globalization makes Challenging Neoliberalism a novel and timely addition to the debate on neoliberal globalization.' - Alessandro Bonanno, Sam Houston State University, US 'Clark and Clark do an excellent job of pointing to the paradoxes inherent in neoliberal economic policies through a case study of Chile and Taiwan. It is unusual to see an analysis that involves two countries so different from one another. Clark and Clark argue that, despite their similar strategies of opening their markets to the global economy and pursuing export-led growth, there are tremendous differences in the outcomes in Chile and Taiwan. This book would be a great addition to courses on globalization and political economy. It renders complex concepts clear and presents substantial background information such that readers unfamiliar with Chile and/or Taiwan can make sense of their economic and social policies.' - Tanya Maria Golash-Boza, University of California, Merced, US Neoliberalism, which advocates free markets without government interference, has become increasingly utilized and controversial over the last three and a half decades. This book presents case studies of Chile and Taiwan, two countries that seemingly prospered from adopting neoliberal strategies, and finds that their developmental histories challenge neoliberalism in fundamental ways. From one perspective, the political economies of Chile and Taiwan might appear to be poster children for neoliberalism. Both took aggressive policy actions (Taiwan in the 1960s and Chile in the 1970s) to create market-driven economies that were well integrated into the capitalist global economy. Subsequently, these two countries were cited as 'economic miracles' that opened their markets, resulting in rapid economic growth and development. A closer examination of the two nations, however, turns up very significant differences between them. In particular, Taiwan, with its much more statist approach to development, outperformed Chile by a considerable margin; and some of the experiences of Chile departed markedly from neoliberal predictions. The authors argue that Taiwan s strategy was the more successful of the two, primarily because it discarded the ideology of neoliberalism and unfettered laissez-faire. Scholars, educators, and students studying globalization, political economy, and/or economic development will find this book an irreplaceable addition to the discussion of neoliberalism.
The second volume of this series, Integrating Ecology into Global Poverty Reduction Efforts: Opportunities and solutions, builds upon the first volume, Integrating Ecology into Global Poverty Reduction Efforts: The ecological dimensions to poverty, by exploring the way in which ecological science and tools can be applied to address major development challenges associated with rural poverty. In volume 2, we explore how ecological principles and practices can be integrated, conceptually and practically, into social, economic, and political norms and processes to positively influence poverty and the environment upon which humans depend. Specifically, these chapters explore how ecological science, approaches and considerations can be leveraged to enhance the positive impacts of education, gender relations, demographics, markets and governance on poverty reduction. As the final chapter on "The future and evolving role of ecological science" points out, sustainable development must be build upon an ecological foundation if it is to be realized. The chapters in this volume illustrate how traditional paradigms and forces guiding development can be steered along more sustainable trajectories by utilizing ecological science to inform project planning, policy development, market development and decision making.
This innovative book integrates ideas from sociology, economics and political science to analyse economic development. In doing so, it sheds new light on the process of successful development in East and Southeast Asia and, at the same time, indicates the underlying problems which led to the financial crisis in the region during the late 1990s.Richard Grabowski examines economic development from an historical perspective, discussing the Industrial Revolution in England and the economic development of Japan as well as the experiences of East and Southeast Asia. The central theme concerns the conditions underlying and supporting market exchange and discusses how these conditions evolve through time. The author analyses three main paths of economic development: government directed learning as in South Korea, the experience with development groups in Southeast Asia and concludes that the third and most successful development path is that based on broad rural development driven by rapid agricultural growth. This allows integrated markets to develop and creates an economy conducive to technical innovation via learning-by-doing. Pathways to Economic Development will be welcomed by development economists and political scientists as well as those interested in Asian studies.
Circular economy principles are driving to overcome the challenges of today's linear take-make-dispose production and consumption patterns through keeping the value of products, materials, and resources circulating in the economy as long as possible. Sustainable Consumption and Production, Volume II: Circular Economy and Beyond aims to explore the sustainable consumption and production transition to a circular economy, while addressing critical global challenges by innovating and transforming product and service markets towards sustainable development. This book explores how consumers, private sector, relevant international organizations, and governments can play an active role in innovating businesses to help companies, individuals (consumers and citizens), organizations, and sectors, to remain competitive, while transitioning towards sustainable markets and economies. It is of interest to economists, students, businesses, and policymakers. Chapter "Tourism as (Un)sustainable Production and Consumption" is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
Although it remains one of the most significant challenges in recent years, companies are beginning to integrate the ideas of sustainability into organized projects such as marketing, corporate communications, and annual reports. In this case, sustainability remains an important influence on the initiation of project management. Sustainability Integration for Effective Project Management provides a comprehensive understanding of the most important issues, concepts, trends, methodologies, and good practices in sustainability to project management. The research and concepts developed in this publication are developed by professionals and academics aiming to provide the latest knowledge related to sustainability principles for prospective professionals, academics, and researchers in this area of expertise.
"True development, justice and the fulfillment of the maximumeconomic and social potential of Zimbabwe can take place only whendevelopment experts give serious and adequate consideration to the keyroles women play in their economies and societies. While social policyhas improved women's lives in some important ways, it has failed toimprove w omen's poorer economic situation compared to men."
"The Moral Economy of the State" examines state formation in
Zimbabwe from the colonial period through the first decade of
independence. Drawing on the works of Gramsci, E. P. Thompson, and
James Scott, William Munro develops a theory of "moral economy"
that explores negotiations between rural citizens and state agents
over legitimate state incursions in social life. This analysis
demonstrates how states try to shape the meanings of citizenship
for agrarian populations by redefining conceptions of the public
good, property rights, and community membership.
Many countries in Latin America and the Caribbean have achieved considerable economic growth, yet the region still faces many seemingly intractable problems. The conventional wisdom in development agencies - that prioritization is impossible and that everything must be done - is simply not effective. Latin American Development Priorities shows how limited resources could be used for the greatest benefit of the Latin American and Caribbean region. A panel of economists met over three days in San Jose to review proposals to tackle the ten most important challenges, which emerged from a survey by the Inter-American Development Bank. The expert panel was asked a question which appears simple but is actually very difficult to answer: What should Latin American governments do with an additional nominal $10 billion? Hard choices are needed if Latin America's problems are to be tackled effectively. This book provides the means to make those choices as objectively as possible.
This series of books brings together results of an extensive research programme on aspects of the national systems of innovation (NSI) in the five BRICS countries — Brazil, Russia, India, China, and South Africa. It provides a comprehensive and comparative examination of the challenges and opportunities faced by these dynamic and emerging economies. In discussing the impact of innovation with respect to economic, geopolitical, socio-cultural, institutional, and technological systems, it reveals the possibilities of new development paradigms for equitable and sustainable growth. Original and detailed data, together with expert analyses on wide-ranging issues, make this book an invaluable resource for researchers and scholars in economics, development studies and political science, in addition to policymakers and development practitioners interested in the BRICS countries.
This important and accessible book focuses on the problems confronting public authorities in transitional economies. It is based on a large, diversified and first-hand body of empirical research, which is analysed in terms of mainstream industrial economic theory.A distinguished group of authors explores the long-term prospects for industrial growth, the accumulation of technology and the overall framework of economic restructuring and industrial reform. They cover the role of government in emerging market economies and agencies such as the Treuhandanstalt in Germany. They also trace other major issues such as restructuring and privatization, industrial strategy and trade policy, tax reform and incomes policy and productivity growth. Industrial Economics for Countries in Transition will be essential reading for policymakers in developing countries and will also appeal to students and economists concerned with economic and industrial development.
This book offers a collection of distinguished contributions that identify current growth accelerators in India, and suggest policies and strategies to make India's growth more sustainable and inclusive. The papers are divided into three sections, the first of which focuses on issues related to industrial growth in India. The discussions include India's industrial development (manufacturing, construction and mining); role of manufacturing; global value chains; and of environment in industrial development. In turn, section II deals with issues related to trade and FDI as accelerators of India's growth. The respective chapters explore the changing patterns of trade, impacts of technology, and spill-over effects of FDI, to name but a few. Lastly, the third section discusses employment-related issues like measurement of labour input, the dichotomy of the Indian labour market, the nature of firms and employment generation, and impacts of technology on employment. Given its scope and focus, the book offers an invaluable resource for researchers and policymakers alike.
See the Table of Contents aAn excellent resource.a China's dramatic transformation over the past fifteen years has drawn its share of attention and fear from the global community and world leaders. Far from the inward-looking days of the Cultural Revolution, modern China today is the world's fourth largest economy, with a net product larger than that of France and the United Kingdom. And China's dynamism is by no means limited to its economy: enrollments in secondary and higher education are rapidly expanding, and new means of communication are vastly increasing information available to the Chinese public. In two decades, the Chinese government has also transformed its foreign relations--Beijing is now consulted on virtually every key development within the region. However, the Communist Party of China still dominates all aspects of political life. The Politburo is still self-selecting, Beijing chooses province governors, censorship is widespread, and treatment of dissidents remains harsh. In China, leading experts provide an overview of the region, highlighting key issues as they developed in the People's Republic of China, Hong Kong, and Taiwan. Edited with an introduction by David B. H. Denoon, an authority on China, this volume of articles covers recent events and key issues in understanding this growing superpower. Organized into three thematic sections--foreign policy and national security, economic policy and social issues, and domestic politics and governance--the essays cover salient topics such as China's military power, de-communization, growing economic strength, nationalism, and the possibility for democracy. Thevolume also contains current maps as well as a "Recent Chronology of Events" which provides a decade's worth of information on the region, organized by year and by country. Contributors: Liu Binyan, David B.H. Denoon, Bruce J. Dickson, June Teufel Dreyer, Michael Dutton, Elizabeth Economy, Barry Eichengreen, Edward Friedman, Dru C. Gladney, Paul H. B. Godwin, Merle Goldman, Richard Madsen, Barry Naughton, Lucian W. Pye, Tony Saich, David Shambaugh, Robert Sutter, Michael D. Swaine, and Tyrene White.
This book focuses on one of the major challenges facing countries in Eastern Europe, namely the creation and maintenance of jobs in the agricultural sector. It argues that future employment will critically depend upon the completion of the privatization process, as well as improved efficiency and market opportunity. Privatization in Rural Eastern Europe prescribes radical restructuring of the East European countryside and examines the future prospects for restitution and privatization from both national and regional perspectives. The economic and political history of rural Eastern Europe is examined in the context of the transition process. The discussion then develops with the extensive use of detailed country case studies which analyse the growth of private economic activity in Albania, Bulgaria, Czech Republic, East Germany, Hungary, Poland, Romania, Slovakia and Slovenia in a clear and systematic way. The book offers careful consideration of the future of the rural economy and emphasizes the importance of rural diversification and the development of the service sector to create new employment opportunities in rural areas. This book will prove invaluable to academics with an interest in agricultural and transitional economics as well as to businessmen interested in East European agriculture, food processing and farm machinery.
"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- third 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 investigates factors that contribute to the development of an efficient financial sector in Ghana. While sustainable finance has long been known to propel economic growth and development, and while many African countries have taken initiatives to develop integrated frameworks of their financial sectors that tackle developmental challenges, scholars and policymakers have always grappled with understanding of factors that enhance performance of the financial sector. In this book, an expert team of authors examines the financial landscape, central bank policies, competition, financial innovation, financial inclusion and banking stability in Ghana, while also exploring how financing models such as enterprise finance and microfinance can be more effective in sustaining financial markets. The authors discuss how Ghana can build fortified institutions, regulatory frameworks, and productive capacity to strengthen the financial sector and foster pathways that will enhance economic development. Empirical and scientific evidence give this book a unique approach that is both qualitative and quantitative.
The book contributes to the growing literature pertaining to empirical and policy issues in international trade, foreign capital flows and issues in finance, implications for India and emerging economies related to trade and development interface, and analysis of sector level growth and development in India. Further, the focus is on the policy aspects of these themes and their role in fostering economic development in the context of India and other emerging market economies. The discourse focuses mainly on empirical work and econometric details. The relevant issues are investigated using state of the art techniques such as gravity models, panel co-integration, generalized hyperbolic distributions, SEM, FMOLS and Probit models. In addition, detailed literature survey, discussions on data availability, issues related to statistical estimation techniques and a theoretical background, ensure that each chapter significantly contributes to the ever-growing literature on international trade and capital flows. The readers shall find an engaging dialogue on the crucial role played by policy and the trade-capital flows-growth experience of emerging economies. The book is relevant for those who are interested in contemporary issues in trade, growth and finance as well as for students of advanced econometrics who may benefit from the analytical and econometric exposition. The empirical evidences provided here could serve as ready reference for academicians, researchers and policy makers, particularly in emerging economies facing similar challenges.
Oil and Gas in Trinidad and Tobago presents a historical economic review of the energy sector of Trinidad and Tobago, followed by a detailed evaluation of policies associated with resource abundance and the effects on the economy from various perspectives, including industrialization, labor productivity, education, export diversification, and competitiveness. This book utilizes a wide range of statistical data and methodologies to both economically and statistically analyze these issues at hand. The content of this book will be useful not only for policymakers but also for researchers and students interested in the field.
This book brings forth the philosophical, conceptual and practical contours of the trade regionalism provisions under the GATT/WTO. It analyses SAARC as the regional integration organisation of South Asia along with identifying major challenges and bottlenecks faced by it in the process of achieving regional integration. It presents ways and methods through which SAARC can be made a more effective regional organisation. The book predominantly focuses on trade regionalism. However, other areas of integration which have impacts on the trade regionalism are also examined like social and political integrations etc. The book takes off from the premise that trade regionalism under SAARC has failed and has been marred by political and security concerns among its member nations. It has failed to achieve its objective on all the three counts, which are promoting peace, development and economic cooperation. However, with the developing countries as members, SAARC has great potential for trade integration. Certain structural, normative and organisation alteration along with favourable ideation can still make SAARC achieve its full potential. The book also deals with the comparative analysis of SAARC regional integration with the regional integration under European Union and ASEAN. Regarding comparative regionalism, the discussion has been confined only to the EU and ASEAN. The EU has been chosen because it is comparatively established as one of the most successful regional organisations in the contemporary world. Whereas, ASEAN has been chosen because of its similarity to the SAARC's economy, society and political structure. The analysis presented in the book is from the perspectives of international law and international relations' theories and practise. This book thus is of particular relevance to the students, researchers, academicians, policymakers and practitioners of international trade law, international relations and South Asian studies.
In Explaining Economic Growth David Lim presents a new analytical framework for explaining the different growth performances of developing countries.Drawing on the growth experience of the newly industrializing economies of East Asia, the author begins his analysis by identifying the sources of output growth and the factors behind them. Recognizing that no one explanation of economic growth is entirely satisfactory, Professor Lim's analysis enables the strengths of existing explanations to be highlighted and used in the construction of more convincing hypothesis of economic growth. An operational framework for identifying the policies needed to produce greater economic growth is also developed. Explaining Economic Growth presents the large and often unstructured development literature within a systematic framework allowing for a series of policy-oriented conclusions. Accessible and yet rigorous, this major new book will be widely used by students, researchers and policy makers concerned with economic growth and development.
This book examines the international political economy of China's exchange rate policy making from theoretical and empirical perspectives. It identifies the limitations in the existing Economics studies on the RMB exchange rate and the research gap of the Comparative Political Economy (CPE) and International Political Economy (IPE) approaches to exchange rate politics. The author develops a three-level game framework for China's exchange rate policy making based on revision and synthesis of the existing CPE and IPE approaches, which provides a richer portrait of the dynamism and complexity of China's exchange rate policy making. The book has applied the three-level game framework to empirically analyzing China's exchange rate policy making under the Hu-Wen administration. The book also discusses some further exploration of China's exchange rate policy in the Xi era and comparative case study of exchange rate policy making. It is a timely and rigorous study on the role that international and domestic politics play in forging China's exchange rate policy making in the twenty-first century. |
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