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Books > Business & Economics > Economics > Development economics
This book observes that an in-depth study exclusively focusing on health service trade not only strengthens the overall services trade capacity of the South Asian region, but also promotes global as well as regional trade. There is a dearth of analytical research on estimating barriers to trade in health services, particularly in the context of South Asia, and as such, this book assesses the potential benefits and economic costs of barriers to trade in health services in select South Asian economies. It also analyzes the impact of liberalization and regulatory reforms on economic welfare. It broadly addresses issues relating to trade in health services, the GATS (General Agreement on Trade in Services), such as: Why are the current levels of trade in health services low? How will the GATS legally affect a country's health policy? What effect might liberalization have on national health systems? And what are the likely benefits of greater trade in health services? It also provides specific answers to the following questions: Does the substantial role of the government in health - as health service provider, financial supporter, regulator and promoter - have implications for the treatment of the sector under the GATS? What is the impact of liberalization of international trade in health services on the quality and availability of health services in developing SAARC countries? Given the importance of consumption abroad for trade in health services, and the gradual opening of health markets through Modes 1 and 3 (cross-border supply and commercial presence), how can problems associated with trade in these Modes be prevented? And are these problems sufficiently addressed by GATS disciplines? Answers to these questions will be of great use to researchers, policy makers as well as practitioners and NGOs of South Asia.
This book assesses Iran's role in contemporary geopolitics. In particular, it examines three main intertwining circles: Iran's development and political challenges, its relationships with neighbouring countries, as well as its relations with the major global powers - China, the European Union, Russia, and the United States. With contributions from over 20 authors, the book spans such critical aspects of contemporary geopolitics as modern history, natural resources, the economy, the social-political context, and strategic thinking. Particular focus is placed on Iran's relations with its neighbours - Afghanistan, Iraq, Israel, Pakistan, and the Persian Gulf States. Furthermore, the book offers both a bilateral and multilateral dimension on how nuclear sanctions imposed on Iran have impacted its strategic planning, from the economic and military perspectives.
Abraham Lincoln's wisdom plus that of other past leaders are applied to the present day crisis of skyrocketing 'borrow and spend" U.S. federal budget deficits, the projected bankruptcy of the Social Security system, and the ever expanding multi-trillion dollar federal debt. The result is "Eloquence: The New Economics." This astonishing book contains completely original and simple economic plans, which if enacted into law by Congress will result in accomplishing all of the following: A Permanent U.S. Federal Budget Surplus (both on and off budget) Full Funding and Permanent Solvency for the Social Security Trust Elimination of Income Taxes on Working Americans Increased Payments to Current Social Security Recipients A U.S. International Trade Surplus Prevent the Collapse of the U.S. Dollar in the 2020s Within the pages of this single book you will read how all the above can be accomplished without Congress raising personal or corporate income taxes, cutting current spending or causing inflation.
Central banking independence is a crucial factor for sustainable economic development of multiple countries. The multiple components for such systems, however, makes it difficult to evaluate how the success of such a system may be determined. Monetary Policies and Independence of the Central Banks in E7 Countries is an essential reference source that evaluates the effectiveness of monetary policies and the independence of central banks to contribute to economic development within seven emerging economies (E7): Brazil, China, India, Indonesia, Mexico, Russia, and Turkey. Featuring research on topics such as global economics, independent banking, and foreign investing, this book is ideally designed for financial analysts, economists, government officials, policymakers, researchers, academicians, industry professionals, and students seeking coverage on improved econometric methods for effective financial systems.
New technologies will have an increasing effect on prospects for development and growth in the world economy. Technology and Innovation in the International Economy contains extensive and detailed assessments of two key areas of technological innovation which present both a threat and an opportunity for developing countries: microelectronics and biotechnology.The two major review essays - Jeffrey James on microelectronic technology and Martin Fransman on biotechnology - assess the impact of these new technologies on production, trade, employment and welfare in developing countries. The introduction by Charles Cooper deals with recent advances in the economics of innovation and diffusion of new technologies, and attempts to build a bridge between the study of technology in the industrial sectors of developed countries and the type of technology policy needed in the developing countries. Policymakers, researchers and students will welcome the clarity and breadth of this important volume which contains much original analysis and detailed information on a major issue confronting developing and developed nations alike.
Economic growth and increasing population impose long-term risks to the environment and society. Approaches to address the impact of consumption and production on bio-diversity loss, resource availability, climate change, and mounting waste problems on land and in seas have yet not proven to be successful. This calls for innovative approaches to address the complex environmental, social, and economic interrelationships that have to be addressed in transforming to sustainable development. Sustainable Consumption and Production, Volume I: Challenges and Development aims to explore critical global challenges and addresses how consumers, producers, the private sector, international organizations, and governments can play an active role in innovating businesses to support a transitioning towards sustainable consumption and production. The book explores different approaches and innovations to address sustainable consumption and production. It details multiple social and economic contexts to the challenges and developments towards a sustainable consumption and production. The book is of interest to economists, students, businesses, and policymakers. Chapter 14 and chapter 15 are available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
Economic and societal systems continually evolve as the needs and demands of society change. With the development of new technologies, research, and discoveries, various opportunities emerge for venture development and developing economies. Crowdfunding and Sustainable Urban Development in Emerging Economies provides innovative research on current issues in the rise of new platforms for digital activities, a collaborative economy, crowdsourcing, crowdfunding, and other activities that are shaping developing countries. Highlighting a range of pertinent topics, such as infrastructure finance, tertiary educational institutions, and urban sustainability, this book is an important resource for academicians, practitioners, researchers, and students.
In this easy-to-follow, one-stop reference, Dinc discusses a new and dynamic endogenous regional development approach that delves deeply into a variety of topics: the globalization process and its impact on local and regional economies; theoretical evolution of economic development; the role of governance; and institutions and local leadership in the development process. The book reviews major traditional local and regional development theories from their origins and early applications as well as regional agglomerations and industrial clusters. It also introduces conflict management procedures into the regional development process and provides a regional decision support framework that can be used for informed development policymaking. Another advantage of this book is its discussion of basic analytical tools and the inclusion of a template in an easy-to-use MS Excel spreadsheet application. Though the book follows a logical narrative, each chapter can be read individually without a loss of meaning, making it perfect for classrooms. Introduction to Regional Economic Development will prove to be an invaluable resource for teachers and students of regional science, regional development, and planning, as well as regional and local development practitioners, regional development agency staff, and local government officials.
Innovation is of critical value in the modern global economy, as it performs several important economic functions. The first is related to supporting the sustainability of socio-economic systems, preventing the emergence of crises and, if they do occur, providing solutions to overcome their consequences. Secondly, innovation allows for the activation of economic growth and social progress through the rationalization of economic activities. Thirdly, innovation supports the global competitiveness of economic systems, allowing for the specialization of production and sales of unique goods that are in high demand in both domestic and global markets. At the same time, innovational development in economic systems is required to mitigate the high levels of risk and requires both effective management and a reliable normative and legal foundation. This book studies the economic and legal foundations of managing the innovational development of economic systems from an interdisciplinary perspective, bringing together the thoughts of international scholars in management, economics and law.
'Information Technology and Economic Development' looks at the effect of information technology on fields such as politics, education, sociology and technology.
This book focuses on the implementation of the China-Pakistan Economic Corridor (CPEC), a multi-billion-dollar infrastructure development project intended to connect Asia with Europe, the Middle East and Africa. By introducing a new analytical approach to the study of economic corridors, it gauges the anticipated economic and geopolitical impacts on the region and discusses whether the CPEC will serve as a pioneer project for future regional cooperation between and integration of sub-national regions such as Balochistan, Khyber Pakhtunkhwa, the Federally Administered Tribal Areas, and Gilgit-Baltistan. Further, it explores the interests, expectations and policy approaches of both Chinese and Pakistani local and central governments with regard to the CPEC's implementation. Given its scope, the book will appeal to regional and spatial sciences scholars, as well as social scientists interested in the regional impacts of economic corridors. It also offers valuable information for policymakers in countries participating in the Belt-and-Road Initiative or other Chinese-supported development projects.
This book examines the past, present and prospects of regional economic integration in Africa. The empirical analysis ranges from unions formed during the years following independence, to the proposed African Continental Free Trade Area (AfCFTA), which aims to remove trade barriers between all 55 African states. In addition, the book explores to what extent Africa's Regional Economic Communities (RECs) have advanced in accordance with a linear integration model of goods, labor and capital markets. The book subsequently evaluates the suitability of the European model of deep integration with costly institutions for the conditions specific to Africa, considering, for example, the role of informal and non-recorded trade. Stylized cases of regional division of labour with increasing returns and imperfect competition are introduced to support the economic integration logic. Past and current economic policies in Africa are scrutinized to answer the question: how can African regions best foster new manufacturing industries and value chains across the continent? In conclusion, the book outlines content and processes of Common Industrial Policy in the African regions. The book also addresses the controversial issue of international trade agreements between developing countries and the European Union or the USA and investigates whether these agreements impede or promote economic development in Africa. The book includes a detailed roadmap describing how to improve key clauses of agreements for economic partnership in the interest of African countries. In closing, it outlines a new vision of joint sustainable development for Africa and Europe.
Building strong and dynamic systems of innovation constitutes a key challenge for the post-socialist economies of Central and Eastern Europe. This book develops a strong conceptual and empirical foundation for understanding how such dynamic systems may emerge. The Dynamics of Innovation in Eastern Europe explains, in particular, how this has been possible in the case of the Estonian system of innovation in telecommunications. The book shows that the socialist historical heritage, and in particular inherited competencies, may be used in highly creative ways for generating dynamic innovation in the post-socialist context. It also uncovers the complex and multifaceted ways in which the geographical and cultural proximity to Western Europe can be creatively used as a powerful resource in the pursuit of building systems of innovation in the East. Moreover, the book demonstrates that it is possible for East European systems of innovation to develop highly creative domestic dynamics without necessarily imitating Western systems or styles of innovation. Providing a unique empirical analysis of how systems of innovation undergo far-reaching transformation and change, this book will be of interest to economists and scholars involved in issues relating to innovation, technology, economic development and East-West integration. Policymakers in the EU and in Central and East European countries and practitioners involved in innovation-related activities will also find it of great appeal.
Social media platforms have emerged as an influential and popular tool in the digital era. No longer limited to just personal use, the applications of social media have expanded in recent years into the business realm. Analyzing the Strategic Role of Social Networking in Firm Growth and Productivity examines the role of social media technology in organizational settings to promote business development and growth. Highlighting a range of relevant discussions from the public and private sectors, this book is a pivotal reference source for professionals, researchers, upper-level students, and academicians.
Kofi Abrefa Busia (1914–1978), born a member of the royal house of Wenchi, Ghana was a Ghanaian political leader and sociologist. He was a scholar by inclination and temperament and symbolized the dilemma of the intellectual in politics – the man of thought forced by events to become the man of action. These three volumes, originally published between 1962 and 1967, reissued here together for the first time, each with new introductory material, were all written in exile, and contemplate the continent of Africa undergoing rapid social transformation. Together they act as testimonials to the importance of, and difficulty in, implementing democratic traditions. In these works Busia considered the centrality of traditional African ideologies and practices and the institutions they supported, to comprehend the influence of native institutions and systems of thought on the modern national state and to reflect on their continuing role in creating a healthy democratic environment. The principles he taught continue to live on in the influences he made on African studies in general and Ghanaian politics in particular to the extent that his name had become a shorthand for the establishment of free Democratic traditions in Ghana today.
Global manufacturing has been altered by the emergence of a new approach to production which differs radically from the principles of mass production. This approach has been characterised by successful manufacturers in Asia and the West who have engaged in a continuous process to improve quality, process productivity and cost performance. The authors of Beyond Quality argue that many of the methods used by these new firms are equally suitable for manufacturers in developing countries and the transition economies of eastern and Central Europe. Using case study material from Latin America, Africa and Central Europe, the authors demonstrate that it is the skill and organization of people - rather than sophisticated equipment - which determines growth in productivity and product quality. These new forms of improvement are not dependent on economies of scale and so provide small producers with the flexibility to compete effectively against mass producers.
This book provides exclusive information on how agribusinesses could act as the springboard for inclusive economic growth critical for socioeconomic transformation of Africa. It is a must read for academics, practitioners, policymakers, students, and all those interested in the application of practical models capable of tackling the endemic poverty situation in Africa using agribusiness as the launchpad. The book emphasizes the urgent need for robust and inward-looking enabling policy frameworks to help remove existing constraints on agro-industrialization and encourage investments. Thus, the book sets the agenda for the right combination of agricultural, industrial, and trade policies critical in promoting sustainable agricultural commodity value chains and food systems for inclusive growth and poverty reduction. Written in a simple, plain, and accessible language devoid of technical jargons, the book makes an interesting read for even the non-expert and is a valuable reference material for academic and practical training of students and practitioners.
This book acquaints readers with a range of techniques to help them effectively identify, record, map, analyze and report on patterns in various dimensions of human development (HD) with spatial scales down to the village level. It is impossible to capture HD at the local and global scale with only a single index, because differences in HD at the international scale are caused by 'general' factors, whereas local-scale differences are influenced by 'specific' factors. This book offers a variety of methods for scientifically mapping HD at any spatial scale. It covers how to rationally select variables; how to test the models; how to validate the results, and how to analyze them. For this purpose, it employs a case study on an Indian district. The socio-economic factors regulating the patterns of HD are now more complex than they were only a few decades ago, making it essential to incorporate newer models in order to successfully 'replicate' the real-world situation. Accordingly, the book offers essential methodological tools & techniques for mapping HD. It sheds new light on a handful of statistical multivariate analysis and machine learning algorithms that are rarely used in the social sciences when dealing with HD, yet have sound mathematical and statistical bases. These techniques can be successfully used for predictive analysis in the earth & natural sciences, decision sciences and management disciplines, and are equally effective in terms of capturing, predicting and projecting the composite HD 'landscape.' This book will especially benefit two groups of readers: firstly, HD practitioners who want to find out 'why some areas are doing better than others' by exploring the complex interactions of spatially linked variables with different HD parameters. And secondly, practitioners in other branches of the social sciences who are not concerned with HD but are looking for 'hands-on training' with techniques they can apply in their respective field of spatial investigations.
Despite its often mismanaged economy, Africa remains the third largest continent in land mass and population. It continues to offer unexploited business opportunities for entrepreneurs, global corporations, and institutions. Emerging Business Opportunities in Africa: Market Entry, Competitive Strategy, and the Promotion of Foreign Direct Investments presents the basic business modelling for developing appropriate strategies in exploiting these business opportunities in the emerging economy in Africa. This book offers insight into the challenges and successes aiming to encourage researchers and students of business in creating a value for doing business in Africa.
The book aims to analyse and evaluate the strategic positioning of China's participation in terms of firm-level performance in the generation of infrastructure capacity in African countries. Africa counts among its development challenges a major bottleneck of infrastructure capacity and shortage of investable capital. China's long period of high growth generates the strengths to secure availability of energy from Africa by enhancing infrastructure provision for the region. To achieve this complementary macro-level development, beyond the traditional dimension of infrastructure provision (ODA), Chinese IMNEs become the vital players on the intersection of these processes. Thus this research makes practical and analytical contributions to international business studies and development issues by making concrete the analysis of bilateral development processes from a macro context to a micro level framework (e.g. focusing on ICT and construction sectors), then fitting this into the real world story. Infrastructure itself is a key element for potential investment and development processes. Therefore, how IMNEs achieve not only exist simply in a way of a commercial-oriented investment, but also in their implications for development and political related issues.
This is a conversational book with chapters directly followed by responses from experts. The main authors propose that the failure in development is not due to capitalism but rather rentism, which is earnings based on political rather market returns. Rent prevents development and ingrains social and economic inequalities. Using the case study of Brazil's economic development, it is shown how development fails because policies Brazil and other low to middle-income countries promote do not overcome the main obstacle to development - rent. The overcoming of rent would occur within a model of globalisation whereby the advanced economics still prosper concurrently as the poorest countries grow, all underpinned by international organisations defending a rule-based globalisation. Not Paying the Rent: Imagining a Fairer Capitalism presents a new application of the theory of rent, both historically in the case of Brazil, and in practical terms in tackling it through modern international organisations. It will be relevant to students, researchers, and general readers interested in inequality and development economics.
This edited volume systematically analyzes the connection between xenophobia, nativism, and Pan-Africanism. It situates attacks on black Africans by fellow black Africans within the context of ideals such as Pan-Africanism and Ubuntu, which emphasize unity. The book straddles a range of social science perspectives to explain why attacks on foreign nationals in Africa usually entail attacks on black foreign nationals. Written by an international and interdisciplinary team of scholars, the book is divided into four sections that each explain a different facet of this complicated relationship. Section One discusses the history of colonialism and apartheid and their relationship to xenophobia. Section Two critically evaluates Pan-Africanism as a concept and as a practice in 21st century Africa. Section Three presents case studies on xenophobia in contemporary Africa. Section Four similarly discusses cases of nativism. Addressing a complex issue in contemporary African politics, this volume will be of use to students and scholars interested in African studies, African politics, human rights, migration, history, law, and development economics.
The core argument of this book is that China poses both challenges and creates opportunities for Africa, and that the transformative potentials of China-Africa engagements can be compared to Africa's experiences with European colonialism. However, it would be patently misleading to claim any equivalence between African experiences of European colonialism with Africa's engagements with China. Although, China does not replicate the exact colonial model, its actions have all elements of dependent relations, thus underpinning neo-colonialism with Chinese characteristics. Analysing China's growing economic relations with Africa, this book posits that, Africa's underdevelopment situation with China does not indicate a significant point of departure from the colonial model of development because China's actions in Africa, although not exactly colonial, have all possibilities of Neocolonialist model with Chinese characteristics. As such the author argues that China's increasing trade, FDI inflow and influence on the economic growth and development in Africa will result in a long-term negative impact in development outcomes and capacity building, governance practice, democratic transition and human rights for future self-reliance and sustainable development.
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