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Books > Business & Economics > Economics > Development economics
This book, the second of two volumes, continues the authors' ground-breaking re-examination of India's history and political economy. This volume describes the economic fortunes of India in the second half of the 20th century. Beginning with the reconstruction of the Planning Commission and India's hybrid model of economic planning, the authors describe the multiple shocks weathered by the system before being replaced with a fully free market model after the collapse of the Soviet Union. Chapters consider the stresses placed on India's organisation by the shocks of the twentieth century, from its experiments with a socialist economy to its embrace of the Washington consensus in the 1980s. The impact of the invasion of China in 1962 and India's struggle to find its feet post-partition are also given detailed analysis. The book's unique perspective helps to shed light, for the first time, on how India's organisational structure negotiated the country's immense historical and cultural inheritance with the stresses of a twentieth century nation state.
Comprising specially commissioned essays, this Handbook provides an expansive overview of alternative theories of economic growth. It surveys major sub-fields (including classical, Kaleckian, evolutionary, and Kaldorian growth theories) and highlights cutting-edge issues such as the relationship between finance and growth, the interplay of trend and cycle, and stability issues in growth theory.Included in the text are comprehensive interpretations of subjects such as: the relationship between aggregate supply and demand and long run growth, the interaction of growth and technical change, and international and regional dimensions of growth. Alternative theories of economic growth represent a vibrant and ongoing research effort to understand the macrodynamics of capitalist economies. As such, this Handbook provides a valuable springboard for further research that will continue the development of these theories, inspiring both existing researchers and those new to the field to build upon the body of work the volume represents.The thought-provoking insights offered by the book?s thorough analysis will provide economists, graduate students, and advanced undergraduate students with a valuable reference.
This is the most in-depth study of the economic partnership between
the European Union and the CARIFORUM countries, a group of fifteen
small developing economies in the Caribbean. The CARIFORUM-EU
Economic Partnership Agreement (EPA) is the first trade agreement
of its kind, as it is a new type of WTO-compatible trade agreement
between a group of developed countries and a group of developing
countries. As a principal negotiator for CARIFORUM, Bernal's
qualifications allow him to provide a unique perspective on the
increasingly important topic of trade and economic development in
the midst of globalization.
Tanzania is now the fourth poorest country in the world. Its economic development, since independence in 1961, has been characterized by a series of internal and external shocks that have tested the resilience of the economy, the stability of its institutions, and the tolerance and inventiveness of its people. This book presents information that will have profound implications for economic policy in Tanzania. Questioning earlier reports and conclusions, the authors reject official economic statistics as failing to give even a moderately accurate picture of economic developments. This study outlines the structure of the Tanzanian economy and considers the impact of previous policies and current stabilization and adjustment measures on the poorer segments of the Tanzanian population.
This book is an analysis of the political and philosophical foundations of the development of India's economy, including discussions of what's gone wrong in the past and what can be done to rectify it. The authors provide a detailed analysis of the history and burning issues derived from these historical analysis which are still unresolved today. As well as this, there are analyses of the political economy and both ancient and modern historical perspectives.
In" Development, Security, and Aid" Jamey Essex offers a
sophisticated study of the U.S. Agency for International
Development (USAID), examining the separate but intertwined
discourses of geopolitics and geoeconomics.
Consumerism in China has developed rapidly. "The Changing Landscape
of China's Consumerism" looks at the growth of consumerism in China
from both a socio-economic and a political/cultural angle. It
examines changing trends in consumption in China as well as the
impact of these trends on society, and the politics and culture
surrounding them. It examines the ways in which, despite needing to
"unlock" the spending power of the rural provinces, the Chinese
authorities are also keen to maintain certain attitudes towards the
Communist Party and socialism "with Chinese Characteristics."
Overall, it aims to show that consumerism in China today is both an
economic and political phenomenon and one which requires both
surrounding political culture and economic trends for its continued
establishment. The ways in which this dual relationship both
supports and battles with itself are explored through apposite case
studies including the use of New Confucianism in the market
context, the commodification of Lei Feng, the new Chinese tourist
as a diplomatic tool in consumption, the popularity of Shanzhai
(fake product) culture, and the conspicuous consumption of China's
new middle class.
This exhaustive survey assesses the performance of the United Nations and its member states in all key areas, at the same time as laying down a road map for sustainable development in the future. Deploying the Human Green Development Index as a new metric for an era in which human survival is intimately dependent on the viability of the Earth as a clean and sustainable habitat, the report showcases a vast array of data, including HGDI indicators for more than 120 nations. It provides a detailed and comparative rationale for the selection of data for the 12 goals and 54 HGDI targets, which cover human and global needs into the future. The index measures 12 Sustainable Development Goals, based on but also extending the eight Millennium Development Goals defined in 2000. The SDGs, proposed by a high-level UN panel, will supersede MDGs in 2015. They focus on ending poverty, achieving gender equality, providing quality education for all, helping people live healthy lives, securing sustainable energy use, and creating jobs offering sustainable livelihoods. They also work towards equitable growth, stable and peaceful societies, greater efficiency in governance, and closer international cooperation. With indicators covering everything from air particulates to percentage of threatened animal species in a nation's total, and informed by the latest research (with inequality-adjusted metrics for amenities such as education and healthcare), this comprehensive study offers readers not only a wealth of valuable core data, but also a well-argued rationale for using the HGDI. In today's world, we cannot view our development as being distinct from, and unaffected by, that of the Earth we inhabit, or that of our planetary cohabitees.
Asia has one of the most dynamic and fastest developing economies in the world. This study assesses the current state of economic integration in Asia - in particular in East and South East Asia- and analyzes the prerequisites for a sustainable path of economic integration, using the background of the EU experience as a benchmark. The crucial notion of 'sustainable economic integration' is explored under the prism of the EU-Asia economic and business relationship. The book offers an integrated approach to the concept of economic integration by linking it to that of sustainability.In the first introductory part, the idea of 'sustainable economic integration' is clarified, and examined using a political economy perspective. The second part of the book includes a number of chapters relating to specific case studies epitomizing the current state of integration in Asia; because of its role and of its size, China features quite prominently in this part.Economic Integration in Asia provides a critical overview of economic integration in Asia, and makes indispensable reading for researchers and students of Asia and development economics, and in particle to those interested in the economy of China.
This book provides a business-oriented analysis of the United Nations (UN) Sustainable Development Goals (SDG). In order to assess their impact on businesses and corporations, the book addresses all 17 goals and a broad range of industries. Gathering contributions from Africa, Europe and Asia, it presents both critical reviews and case studies. In turn, the book seeks to predict likely developments during the next decade. To do so, it examines evidence from today's business world and how companies and corporations have been adopting the SDGs since their release. In this regard, it discusses the changes that will be required and how the agenda will affect the continent's development path. An underlying theme throughout the book is the role of monetary value and investment for sustainable development: whether through financing, enhanced turnaround resulting from a more educated population, or more socially innovative entrepreneurs.
This book sheds new light on the advancement of various industries in developing Asian countries through an application and re-examination of catch-up industrialization theory. With contributors presenting their own perspectives on the progression of a range of different industries in Asia, this volume provokes readers to reconsider their current understanding of industrialization in latecomer countries. More specifically, the chapters discuss Taiwan's semiconductor industry, Korea's steel industry, and Malaysia's palm oil industry, amongst others. The authors also explore the 'catch-down' innovation strategy in China and India. Varieties and Alternatives of Catching-up provides a thorough analysis of the strategies employed by numerous Asian countries to radically transform their low-income agricultural economies to middle-income industrialized ones. This book is essential reading for researchers and scholars interested in Asian economic development.
Based on case studies of Sierra Leone, Tanzania and Zambia, this book examines the changes in rural labour markets as a result of a decade of structural adjustment programmes. These programmes were meant to shift relative prices in favour of the agricultural sector, and, within the agricultural sector, in favour of export crops. In response, labour should have moved to the favoured sector. The case studies show that such a shift did not occur and the overview chapter reviews the complexities of the African labour markets which ensured this outcome.
Dr. Reddy points out that the key to economic success, particularly for the less developed countries of the world, is technology--but only when properly applied. Despite years of help through technology transfer, however, many LDCs are still improverished. This leads him to conclude that either the wrong technologies were transferred or the right ones were not transfered. His book thus focuses on ways in which LDCs can improve their economic growth through technology transfer, arguing that it is the assimilation of technology into their socioeconomic and cultural structures that is critical to their economic development, not the indiscriminate borrowing from advanced nations. In doing so, Dr. Reddy presents a behavioral model which proves that technology absorption is just as--if not more--important than a simple transfer process. A challenging, research-based discussion for academics in economics, business, sociology, marketing, and management, and for business and government policymakers worldwide. Dr. Reddy introduces the concepts related to technology transfer and discusses the major participants in the worldwide transfer enterprise. He presents barriers and ways to overcome them in technology transferral, explores the ethical dimensions, and then lays out his technology transfer assimilation model. He applies the model to a specific and representative developing country, India, and ends with a discussion of conclusions that can be drawn from it. His three appendixes elaborate on the need for, and methods to, transfer technology to LDCs, provide ways to analyze the costs, and present a model of reciprocal distribution that may benefit both the donor and the recipient country in the transfer process.
The author aims to develop conceptual refining and theoretical reframing of the productivist welfare capitalism thesis in order to address a set of questions concerning whether and how productivist welfarism has experienced both continuity and change in East Asia.
This book reviews and analyzes emerging challenges in water policy, governance and institutions in India. Recent times have seen the contours of water policy shaped by new discourses and narratives; there has been a pluralization of the state and a changing balance of power among the actors who influence the formulation of water policy. Discourses on gender mainstreaming and Integrated Water Resource Management (IWRM) are influential, though they have often remained rhetorical and difficult to put into practice. Debate over property rights reform and inter-linking of rivers has been polarized. At the same time, there has been a rising disenchantment with policy initiatives in participatory irrigation management, cleaning up of water bodies and pollution control. Fast depletion of groundwater resources and the importance of adopting new irrigation methods are getting increased focus in the recent policy dialogue. The contributors review current debate on these and other subjects shaping the governance of water resources, and take stock of new policy developments. The book examines the experience of policy implementation, and shows where important weaknesses still lie. The authors present a roadmap for the future, and discuss the potential of alternative approaches for tackling emerging challenges. A case is made for greater emphasis on a discursive analysis of water policy, to examine underlying policy processes. The contributors observe that the ongoing democratization of water governance, coupled with the multiplication of stresses on water, will create a more visible demand for platforms for negotiation, conflict resolution and dialogue across different categories of users and uses. Finally, the authors propose that future research should challenge implicit biases in water resources planning and address imbalances in the allocation of water from the perspectives of both equity and sustainability.
In a world in transition and an era of transformation, Mahtaney calls for reflection and an analysis of a wide canvas of global economic experience. Her new work initiates a thorough review of the strategies and policies that have been pursued over the past two decades. The economic meltdown compelled the beginning of the next phase of globalization and she contends that the future will see an increase in globalization. As crucial questions arise about the direction in which globalization is headed and the sustainability of economic growth and reform, the fundamental objective of this exciting work is to elucidate crucial insights about the next phase of development in the world economy.
The South Asian diaspora is a diverse group who settled in different parts of the world, often concentrated in developed countries. There is an emerging trend of re-engagement of the diaspora in the South Asian region. Entrepreneurs in Japan and Singapore as well as the Malaysian Indian diaspora are involved in South India making the region a lucrative space for capital, talent and ideas. This volume expands into diasporic communities such as the Nepali community in Singapore and their contribution to their home economy through remittances. Beyond economics, the contributors explore how transnational politics overlap with religious ideologies amongst Pakistanis in United Kingdom and the Sathya Sai Baba movement which contributes to diasporic identity building in host countries. They also explore media and culture: in the last decade Bollywood films have portrayed life in the diaspora, and have featured the diaspora and Non Resident Indians (NRI) as fully formed stock characters and protagonists. The process of diaspora re-engagement has tremendous development implications for South Asian countries, both individually and for their regional integration.
Based on extensive field work involving the leading figures of the diverse Syrian National Coalition, an umbrella initiative of opposition groups fighting against the Assad regime, this study critically evaluates the challenges ahead as well as the inherent opportunities for the post-conflict era in Syria.
The Mekong River has been a main source of conquest, conflict, and cooperation in the Southeast Asian region. Much has been written on the vital and critical importance of the Mekong River fresh water to the sustainable economic development of the Mekong Delta.This book selects the Mekong Delta as a case study of regional cooperation for water and food security for not only for Vietnam but also for the world in a new century of global economy. It focuses not only on the Mekong Delta as an integral part of the River but also on Can Tho City and its 12 provinces that produce over 50 percent of the country s rice output and 60 percent of total fishery output. The book takes a micro approach to examine how each province is adapting to the twin threats of mainstream dams construction and climate change, reducing fresh water flows and increasing saline infusions on its present and future economy. Finally, it reviews the roles of international institutional arrangements, namely the Mekong Committee and the Mekong River Commission, in promoting regional cooperation among the riparian states for political and economic development of the Mekong Delta."
Most studies of doing business at the "bottom of the economic pyramid" focus on viewing the poor as consumers, as micro-entrepreneurs, or as potential employees of local companies. Almost no analysis focuses on the poor as primary producers of agricultural commodities a striking omission given that primary producers are by far the largest segment of the working-age population in developing economies. Making Markets More Inclusive bridges the management literature with original research on agricultural value chains in developing and emerging economies. This exciting work is the first to delve into the skills, capabilities, strategies and approaches needed for inclusive value chain development. McKague shows how NGOs and companies can connect poor producers in developing economies with the right markets to better create social and economic impact. He also analyzes one of the leading agricultural value chain initiatives in the world, which is being replicated by the Bill and Melinda Gates Foundation in several different value chains in Malawi, Tanzania, Ghana, India, and Mali. Want more? Check out these compelling videos, which provide a glimpse into the stories and examples used throughout the book. Video Trailer for Making Markets More Inclusive. Farmer Training. Kallani Rani increased the productivity of her cows, become a cattle feed seller in her village (Chapter 6), and opened a fresh milk canteen in her local market (Chapter 7). She now trains other women farmers and works to improve opportunities for women in her community (Chapter 5). Animal Health Care Services. Asma Husna trained to be an animal health worker with CARE to provide important animal health services and education to local farmers on a fee-for-service basis (Chapter 6). Cattle Feed Shops. Fulera Akter started a business as a cattle feed seller after demand for nutritional animal feed grew due to farmers' improved knowledge of nutrition (Chapter 6). Savings Groups. Coauthor Muhammad Siddiquee, the Coordinator of Agriculture and Value Chain Programs at CARE Bangladesh, discusses the value of farmer savings groups (Chapter 6). Milk Collection. Sarothi Rani became a milk collector to earn an improved income for her family and provide an important service to other dairy farmers in her community (Chapter 7). Digital Fat Testing. Introducing digital fat testing machines into the dairy value chain helped reward farmers for making investments in producing higher quality milk, as well as ensuring transparent and timely payments (Chapter 7). Microfranchising. Supporting agricultural input shop owners with training, relationships to suppliers, common branding, and standardized customer services improves the productivity of smallholder farmers and the profitability of shops (Chapter 12). Bangladesh Dairy Value Chain Learning. Reflections from some of the 40 CARE staff from 17 countries who came to Bangladesh to learn from the experience of the dairy value chain project (Chapter 15).
Military power has long been a serious obstacle to a sustained democracy in Pakistan. The authors investigate the Pakistani military's retrogressive agrarian interventions in the Punjab, and outlines a change, as recognised by society, in the military's rightful function within the economy. Set against the social resentment instigated by the military's agricultural land grabbing, and a burgeoning resistance to the military's overbearing and socially unjust role in Pakistan's economy, this book supplements a larger body of work detailing the military's hand in industrial, commercial, financial and real estate sectors. Any gain in economic autonomy wielded by the military makes it less answerable to civilian oversight, and makes it more likely to act to protect its economic interests. The survival of civilian rule in Pakistan, which is critically important for the foreseeable future, requires a fundamental reordering of the balance of power between state institutions, and between state and society. Pakistan, long encumbered by the military yoke, has witnessed its first peaceful transition from one political administration to another; and in a move congenial to the consolidation of this democratic process, 'The Military and Denied Development in the Pakistani Punjab' exposes the nefarious nature of the military's predation, and signals a move for the military to be contained to its constitutionally mandated role - defence.
Despite the unprecedented development and growth of knowledge during the 20th century, the evolution of a peaceful 21st century will depend on our ability to address the challenges of prosperity, sustainability, and security. From these challenges, this collection seeks to devise a research agenda to help us to understand better the knowledge-based economy. Science and technology have acquired increasing importance in the development of contemporary societies. Governments, firms, universities, and research laboratories all take part in the process of building what has been conceptualized as national and/or regional science and technology systems. The actions of these key players and the interactions between them determine the impact of science and technology activities and, more generally, of innovation strategies on the well-being of nations. One of the most important challenges in maximizing this impact is to understand and manage the complex processes that underlie world-class science and technology research, commercialization, and management. In addition, knowledge integration in key subjects is required to enhance economic wealth, shared prosperity, and social and cultural enhancement. In this context, this volume also addresses such important topics as policy and strategies for global sustainable development.
This book is divided up into three sections. The first deals with the problem of the World economy and the most important issues affecting the World economy. The second analyses problem mainly affecting the developed countries. The third analyses the issues in the developing countries particularly in the BRIC countries.
In the postwar period, Korea s economic and social-political metamorphosis is a rare example of a successful transition from one of the world s poorest developing countries to a highly sophisticated industrial society an experience which many developing countries are keen to emulate. The change is particularly significant as Korea was able to reduce poverty and keep social inequality at a modest level during its rapid economic development. This volume analyzes the Korean transition in regards to the political and institutional foundation of its government and public policies. The government of Korea single-mindedly carried out public policies to stimulate economic growth, but the government and public policies have themselves been affected and changed by the process. The contention of this volume is that the transition of Korean society and the evolution of the Korean government are the results of two-way interactions. In this context, the volume analyzes the way in which the dynamics of public administration were shaped within the Korean government and the kinds of public policies and instruments that were adopted to encourage this economic and social development. This analysis will allow a more complete understanding of the economic and social transformation of Korea. Surprisingly, there is a paucity of research on this aspect a gap which this volume seeks to fill. This volume shows that it is necessary to maintain consistency and coherence in government and public policy in order to achieve economic and social transformation, making it of interest to both scholars and policy-makers concerned with development in the Asia-Pacific. |
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