Education and training are important in nation building and development. Properly articulated, implemented, and operated, educational and training programs can help develop the necessary human qualities and skills required for economic development. Although many African countries have paid a great deal of attention to and invested significant resources in these programs, they have been unsuccessful in developing the caliber of people needed. This failure is due to the fact that the programs pursued have focussed primarily on human capital acquisitions. Yet with human factor, human capital alone is not sufficient to make development happen. This work is an exploration of the reasons for the failure, and it discusses how African countries can develop the type of labor force needed to initiate and manage the development process.

The formulation of a rural development strategy for any country is an extremely difficult and multi-faceted task, especially so for a country as large and diversified as Indonesia. Illustrating again how economic growth in urban areas rarely translates into a decrease in rural poverty, this volume identifies the impact of recent changes in the national economy on the rural poor, the interaction between the agricultural sector and the rural population, and patterns of food consumption, nutrition, and health. Drawing on the data and conclusions of thirteen years of IFAD experience in Indonesia, this book also examines the successes and failures of past practical recommendations for future programs. The authors highlight the need for greater employment opportunities, greater commodity and regional diversification and a special emphasis on poor rural women.

This is the first study of the United Nations Industrial Development Organization (UNIDO). It provides a concise description of UNIDO's activities as an actor in the field of international industrial cooperation from the 1960's to the present day. The emergence of UNIDO as a specialized agency of the United Nations is analyzed with emphasis on legal and institutional issues, and problems related to UNIDO's efficiency and its dependence upon political consideration, especially with respect to major countries, are examined. Finally, recommendations are made for the improvement of UNIDO's industrial development activities. This work will be of interest to scholars and students in development economics, international economics, international relations, and international organizations.

Southeast Asian Affairs is the only one of its kind: a comprehensive annual review devoted to the international relations, politics, and economies of the region and its nation-states. The collected volumes of Southeast Asian Affairs have become a compendium documenting the dynamic evolution of regional and national developments in Southeast Asia from the end of the 'second' Vietnam War to the alarms and struggles of today. Over the years, the editors have drawn on the talents and expertise not only of ISEAS' own professional research staff and visiting fellows, but have also reached out to tap leading scholars and analysts elsewhere in Southeast and East Asia, Australia and New Zealand, North America, and Europe. A full list of contributors over forty years reads like a kind of who's who in Southeast Asian Studies. Regardless of specific events and outcomes in political, economic, and social developments in Southeast Asia's future, we can expect future editions of Southeast Asian Affairs to continue to provide the expert analysis that has marked the publication since its founding. It has become an important contributor to the knowledge base of contemporary Southeast Asia." - Donald E. Weatherbee, Russell Distinguished Professor Emeritus, University of South Carolina

This book studies the evolution of the middle class in Russia after the fall of the Soviet Union. Using data from the RLMS (Russian Longitudinal Monitoring Survey), the volume covers the period of transition (1991-2008) during which many fundamental economic reforms were implemented. The first part of the book is devoted to a discussion of the concept of middle class and a description of the economic situation in Russia during the transition period. Particular attention is given to variations in the distribution of Russian incomes and the estimated importance of the middle class. The second part of the book focuses on the link between the middle class and income bipolarization. The third and last section of the book uses the semiparametric "mixture model" to discover how many different groups may be derived from the income distribution in Russia, as well as what the main socio-economic and demographic characteristics of those groups are. The mobility of households into and out of the middle class during the transition period is also studied in hopes of determining the factors that contribute to such mobility. Using rigorous empirical methods, this volume sheds light on a relatively unstudied economic group and provides insight for countries which are about to enter a transition period. As such, this book will be of great interest to researchers in economics and inequality as well as professionals and practitioners working with international organizations.

This book is a spin-off from an award-winning published dissertation microfilmed and recorded into ProQuest, EBSCOhost, and Thomson Gale PowerSearch electronic libraries worldwide. Informative materials in this phenomenological qualitative study supported and complemented through quantitative analyses are also accessible in the library of the United States Congress. Pedagogically, this book enhances and contributes to scholarly knowledge. Doctoral learners or students obtaining their terminal degrees will find this book helpful. Various theories were conceptualized from over 12, 000 literature materials garnered and collated from electronic libraries. Starting from germinal socioeconomic theories-Adam Smith invisible hand theory (1776/1776b), Ricardo (1964) substitution theory, and seminar stakeholders' theories were conceptualized and expounded in alignment with how affordable housing affects middle-income population in Abuja, Nigeria. Within the context of this book, middle income population was nebulously defined; however, research shows that the lack of affordable housing affects middle income earners worldwide. How technological situational happenstances are imperatively, significantly, and inextricably intertwined with the real estate industry is congruently explained. Effective and efficient communication, management, leadership, infrastructures, and economic variables are at the core of affordable housing in Abuja. Literature review used in conceptualizing and crafting this book illuminates the need for stakeholders to be engaged collaboratively, synergistically, and seamlessly in filling the gap that will result in affordable housing in Abuja. The stakeholders' engagement infilling the housing gap could be horizontal or vertical. Stakeholders are the governmental agencies, financial institutions and the private sector. The collaborative efforts of the stakeholders and its significance to leadership remain the centerpiece of this book. Corresponding efforts of the stakeholders internally and externally in filling the housing gap in the sub-Saharan African cities are equally advocated. Housing in Sub-Saharan African Cities published 2007 in the United States remain a bestseller that supports and complements this current book.

While oil price fluctuations in the past can be explained by pure supply factors, this book argues that it is monetary policy that plays a significant role in setting global oil prices. It is a key factor often neglected in much of the earlier literature on the determinants of asset prices, including oil prices. However, this book presents a framework for modeling oil prices while incorporating monetary policy. It also provides a complete theoretical basis of the determinants of crude oil prices and the transmission channels of oil shocks to the economy. Moreover, using several up-to-date surveys and examples from the real world, this book gives insight into the empirical side of energy economics. The empirical studies offer explanations for the impact of monetary policy on crude oil prices in different periods including during the subprime mortgage crisis of 2008-2009, the impact of oil price variations on developed and emerging economies, the effectiveness of monetary policy in the Japanese economy incorporating energy prices, and the macroeconomic impacts of oil price movements in trade-linked cases. This must-know information on energy economics is presented in a reader-friendly format without being overloaded with excessive and complicated calculations. enUsed="false" QFormat="true" Name="Subtle Emphasis"/>

The development of sustainable agricultural systems is an imperative aspect of any country, but particularly in the context of developing countries. Lack of progress in these initiatives can have negative effects on the nation as a whole. Agricultural Development and Food Security in Developing Nations is a pivotal reference source for the latest scholarly material on promoting advancements in agricultural systems and food security in developing economies. Highlighting impacts on citizens, as well as on political and social environments of a country, this book is ideally designed for students, professionals, policy makers, researchers, and practitioners interested in recent developments in the areas of agriculture.

This book uses sound theoretical frameworks and econometric techniques to rigorously analyze and explain the conditions of sustainable growth in agriculture. It further investigates how management of natural resources and technological advances can enhance productivity and ensure sustainable growth in agriculture. Optimal control theory, dynamic optimization problems and theory of risk and uncertainty are extensively used to create theoretical models for analyzing agricultural growth. The results demonstrate that crop diversification, rainwater harvesting and the use of organic fertilizers can ensure growth in agriculture from a dynamic perspective. Further, they show how excessive depletion of ground water, intensive farming and overuse of chemicals in connection with the adoption of modern technology in agriculture have placed tremendous strains on natural resources like land and water, and have called into question the sustainability of growth in the farming sector.

Foreword by Prof. Kaushik Basu This book traces the development experience of one of India's most dynamic and prosperous states, Punjab, which has provided the country with a much-needed degree of food security. The relative regression of Punjab's economy in the post-economic reforms period and slow current economic growth give cause for concern. The contributions in this book address the question of why the structural transformation of Punjab's economy has fallen into the middle-income trap. Each investigates the policy constraints influencing the relative stagnation of the economy and suggests appropriate measures for alleviating them. By integrating theoretical constructs and new evidence, the authoritative contributions diagnose the nature of the current problems and offer practical solutions. They cover important issues such as the crisis of agrarian transition, agrarian markets and distributive justice, employment growth and transition to non-agriculture sectors, fiscal policy, external factors in economic transformation, and perspectives on rejuvenating the state's economy.

This book brings together perspectives of development economics and law to tackle the relationship between competition law enforcement and economic development. It addresses the question of whether, and how, competition law enforcement helps to promote economic growth and development. This question is highly pertinent for developing countries largely because many developing countries have only adopted competition law in recent years: about thirty jurisdictions had in place a competition law in the early 1980s, and there are now more than 130 competition law regimes across the world, of which many are developing countries. The book proposes a customized approach to competition law enforcement for developing countries, set against the background of the academic and policy debate concerning convergence of competition law. The implicit premise of convergence is that there may exist one, or a few, correct approaches to competition law enforcement, which in most cases emanate from developed jurisdictions, that are applicable to all. This book rejects this assumption and argues that developing countries ought to tailor competition law enforcement to their own economic and political circumstances. In particular, it suggests how competition law enforcement can better incorporate development concerns without causing undue dilution of its traditional focus on protecting consumer welfare. It proposes ways in which approaches to competition law enforcement need to be adjusted to reflect the special economic characteristics of developing country economies and the more limited enforcement capacity of developing country competition authorities. Finally, it also addresses the long-running debate concerning the desirability and viability of industrial policy for developing countries. The author would like to acknowledge the Research Grants Council of Hong Kong for its generous support. The work in this book was fully supported by a grant from the Research Grants Council of Hong Kong (Project No. HKU 742412H).

This book analyses large-scale land investments for agricultural purposes in Africa's least developed countries from a law and economics perspective. Focusing on the effects of foreign land investments on host countries' local populations and the apparent failure of international law to create incentives to offset them, it also examines the legal and economic mechanisms to hold investors accountable in cases where their investment leads to human rights violations. Applying principal agent and contract theory, it elucidates the sources of opportunism and develops control mechanisms to ameliorate the negative effects. It shows that although judicial mechanisms fail to deliver justice, international law offers alternatives to safeguard against arbitrary and abusive state and investor conduct, and also to effectuate human rights and, thus, tackle opportunistic behaviour.

Economic development may be seen from many different points of view: in terms of history, theory or empirical generalization. The Political Economy of Development draws these points of view together as it explores the practice of economic development itself and considers the issues that arise in attempting to devise development strategies for developing countries and to implement them. The term 'political economy' highlights the fact that economics cannot be conducted in isolation, and always has to be related to the political and social setting of the countries with which it is concerned. The Political Economy of Development foregrounds the political context of development in its study of applied economics.

A role model for late industrializing countries, Taiwan provides unique and interesting development lessons for third world countries. Once a poverty-stricken, resource-poor, technologically backward nation, Taiwan has become the hub of a global production network in many high tech industries with increasing significance in the world economy. In ten outstanding essays, written by highly respected economists, this book analyzes Taiwan's postwar economic development path, providing a valuable case study of its structural transformation from a labor-intensive to a technology-intensive economy.

The book addresses three major topics. First it recaptures the lessons of Taiwan's experience. Then it considers the role of foreign investment on structural transformation and globalization. Finally, it examines Taiwan's economy in a global perspective, evaluating its role in the world market from the past to the future and its evolution from a colony to a newly industrialized country.

The Report predicts that the coming five years will witness the five countries keep improving in national innovative competitiveness, with China and Russia maintaining their strong growth momentum, India growing at a moderate rate, and Brazil and South Africa gradually picking up speed and climbing out of the trough. It estimates that the five countries' national innovative competitiveness will be keeping steady growth by 2030. The General Reports part presents a comprehensive analysis of the current status and achievements of STI cooperation between China and other BRICS countries and proposes priority areas of BRICS STI cooperation to provide valuable decision inputs for the BRICS countries to accelerate the improvement of their national innovative competitiveness. The Country Reports part respectively analyzes and makes predictions on the national innovative competitiveness of the BRICS countries based on a survey of their STI development and STI cooperation within the BRICS framework. The Thematic Reports part focuses on four thematic areas closely related to STI, i.e. digital economy, financial inclusion, energy, and agriculture, and offers detailed analysis of the STI development and potential of the countries in relevant areas, providing additional inputs for a further understanding of the national innovative competitiveness of the BRICS countries.

In the closing years of the 19th century, the Japanese decided they should modernize economically without culturally westernizing, and they succeeded. Following de-colonization, Africans also pursued the goal of achieving economic modernization without cultural westernization. To some extent, however, Africa became westernized culturally, but failed to attain economic modernization. How can we explain Africa's failure and Japan's success? The book addresses these issues from a variety of perspectives also in relation to economic interactions between Africa and Japan and Africa's place in Japan's diplomacy and academic discourse.

Outlining important policy requirements for Bangladesh to become an upper middle-income country, the book presents research work conducted during the project "Changing Labor Markets in Bangladesh: Understanding Dynamics in Relation to Economic Growth and Poverty," sponsored by the International Development Research Center (IDRC), Canada. Bangladesh has experienced remarkable economic growth rates over the last decade. The country has recently been upgraded from a low-income country (LIC) to a lower-middle-income country (LMIC) as per the World Bank's classification system. By 2024, the country also aspires to graduate from the United Nation's list of least developed countries (LDC). The 7th five-year plan sets an ambitious target of 8 percent growth in GDP by 2020. There are also steep development targets to be achieved under the Sustainable Development Goals (SDGs) by 2030. All these will require an enormous leap forward from the current level of economic growth rate and sustaining it in the future. The situation also calls for considerable structural change in the economy, facilitating large-scale economic diversification. Rapid expansion of labor-intensive and high-productivity sectors, both in the farm and nonfarm sectors, is thus crucial for Bangladesh. Further, this should take place in conjunction with interventions to enhance productivity, jobs and incomes in traditional and informal activities where there are large pools of surplus labor. Given its relevance for Bangladesh and applicability to many other developing countries, the book offers a unique and pioneering resource for researchers, industry watchers as well as policy makers.

The Wine Value Chain in China: Global Dynamics, Marketing and Communication in the Contemporary Chinese Wine Market presents information on China and its role as a relevant player in the international wine industry, both as supplier and consumer. The book provides new insights into the global dynamics of the wine industry, expanding the knowledge of academics, practitioners, and students on the growing demand for wine in China. Special attention is paid to the supply and demand changes, their impacts on Western wine supply chains, and new market opportunities. The book contributes the latest research findings to increase the understanding of the context of wine consumption in China and the most suitable marketing and communication approaches. The book aims to provide academics with the most adequate methodological tools to study a novice market, with both conceptual and empirical chapters included. The book covers a range of topics, including the behavior of Chinese consumers and their attitudes towards wine, the cultural context of wine in China, the characteristics of the wine supply chain in China and its development, the impact of China on Western wine supply chains, wine marketing and communication in China, wine branding in China, including counterfeiting, wine education in China, the links between wine, food, luxury, and Western products in China, and wine tourism.

This provocative volume is the first book to offer an extensive examination of the nature of poverty and its relationship to gender and ethnicity in five post-communist societies. As nations make the difficult transition from socialism to capitalism, the extent and nature of poverty tends to change and, because of this, the proportion of the population living in poverty tends to change. As a result, the proportion of the population living in poverty has increased sharply in these countries. The contributors contend that a "new poverty" is in the making and that the growing underclass is strongly related to ethnicity, as such an underclass is more likely to form if there is a sizeable Roma (Gypsy) minority. The question of whether gender interacts with poverty the same way ethnicity does is the subject of intense controversy and is addressed here in lucid, accessible prose. In this comprehensive analysis of the interaction between poverty, ethnicity, and gender in East European transitional societies, the contributors thoughtfully address the relevant issues and relationships and conclude that poverty has become deeper and increasingly long-term in Eastern European nations. Although it is clear that poverty increased in Eastern Europe during the market transition, the extent and nature of the changes have not yet been illuminated. Covering Bulgaria, Hungary, Poland, Romania, and Slovakia, the contributors analyze the interaction between poverty, ethnicity, and gender in an effort to explain the changing nature of poverty and the formation of an underclass in these countries. Roma (Gypsies) arise as the most likely candidates for membership in the new underclass, as they were alwayseconomically disadvantaged and the targets of discriminatory practices. On the other hand, however because they were often better educated than men during socialism, women may have been relatively advantaged, at least temporarily, during the market transition. Thus while poverty may be "racialized" during the transformation, it may not yet be "feminized." In this comparative assessment of social trends in this region, the contributors consider what they mean for the countries where they occur.

Seavoy insists that development economics is a failed discipline because it does not recognize the revolutionary difference between subsistence and commercial social values. Seavoy demonstrates that commercial labor norms are essential for producing assured food surpluses in all crop years and an assured food surplus is essential for sustaining the development process. The commercialization of food production is a political process, as in the term political economy. If peasants have a choice, they will not voluntarily perform commercial labor norms. Central governments must overcome peasant resistance to performing commercial labor norms by various forms of coercion. The most historically effective coercions are deprivation of peasant control of land use by foreclosure and eviction for excessive subsistence debts. Landless peasants are forced to become supervised paid laborers. Coercion is most effective when it is linked to money rewards for peasants who voluntarily transform themselves into yeomen cultivators or farmers. These commercially motivated cultivators and storekeepers become the resident commercializing agents in peasant villages who administer the central government's coercive and inducement policies. Based on extensive examples and field observation, this book is designed for use in courses that explore problems of economic development. Scholars and government policy makers will find the analysis equally provocative.