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Books > Business & Economics > Economics > Development economics
This book presents Latin America's innovation systems in a new theoretical and political light. The focus is upon how innovation processes can become inclusive; a major challenge for the non-egalitarian Latin American countries. The analytical framework combines Amartya Sen's capacity approach with a knowledge economics perspective. One major conclusion is that there is a need for ambitious public policy initiatives aiming explicitly at inclusiveness. The book offers a new perspective on innovation systems and innovation policy and it is of interest for innovation scholars as well as for policy makers responsible for the design of development strategies in emerging economies.' - Bengt-Ake Lundvall, Aalborg University, DenmarkThis unique book brings together new perspectives on inclusive development and the kinds of science, technology and innovation that can foster this form of development. The individual contributions provide distinct yet interrelated reflections on the diverse experiences of Latin American countries. Their common framework is determined by the assumption that economic growth, even if sustained for some time and accompanied by restorative social policies, is not always able to address inequality, a hallmark of inclusive development. Offering insights into the theoretical and empirical aspects of national innovation systems, this will be an extremely valuable resource for all academics and students involved with development and innovation studies. Contributors include: A. Alcazar Quinones, S. Alzugaray, I. Armas Marrero, R. Arocena, R. Astorga, F. Barletta, M. Bazan, R. Cardenas, R. Casas, J.E. Cassiolato, C. De Fuentes, G. Dutrenit, G. Figueroa Alfonso, M. Goni, J. Katz, H. Lastres, M. Lozano-Borda, D. Lucio-Arias, A. Marin, L. Mederos, E. Moreno, J.C. Moreno-Brid, L. Navas-Aleman, J. Niosi, J. Nunez Jover, J. Orozco, C. Perez, M. Puchet, S. Robaina, V. Robert, F. Sagasti, M. Salazar, M.C. Soares, D. Suarez, J. Sutz, A. Torres, A.O. Vera-Cruz, G. Yoguel
Any enquiry into the nature, performance, role, demerits, growth, efficiency, or other aspects of financial services such as banking and insurance activities, requires rigorous estimates of their economic output, i.e., the economic contributions made by these firms, as well as by the industries as a whole. Accordingly, this book condenses several theoretical, methodological, empirical, and philosophical issues in conceptualizing, measuring, and empirically operationalizing the economic output of the banking and insurance industries. The analytical focus is on both Global and Emerging Markets perspectives. The book synthesizes applied and conceptual evidence to locate the chosen theme's analytical patterns, consensus, and disagreements. The selected subject matter is studied within the firm-level and aggregate settings, bringing literature of varied scopes together. Contributions from various international academics, practitioners, and policymakers further enrich the narrative. The book concludes with data-driven case studies that analyze the extent to which the critical performance parameters of the banking and insurance industries in the BRIICS economies - including estimation of aggregate industry-level partial factor productivities, total factor productivity, technical efficiency, and returns to scale - vary concerning alternate measures of their output. The present work also provides a brief note on the inputs measurement dimension, following which there is a discussion on the limitations, future scope, and conclusions. This work will be valuable for researchers and policymakers undertaking performance analyses related to banking and insurance activities. It shall provide them with the examination of a plethora of analytical options and related issues on the theory and praxis of output measurement, all finely organized into one single volume.
Critical social theorist and philosopher David Theo Goldberg is one of the defining figures in critical race theory. His work, unsurpassed in its analytical rigor and political urgency, has helped transform the way we think about race and racism across the humanities and social sciences, in critical, social and political theory and across geopolitical regions. In this timely collection of incisive and lively conversations with Susan Searls Giroux, Goldberg reflects upon his studies of race and racism, exploring the key elements in his thought and their contribution to current debates. Sites of Race is a comprehensive overview of Goldberg s central ideas and concepts, including the idea of the Racial State, his emphasis on militarism as a culture, and his treatment of the "theology of race". Elegantly navigating between the theoretical and the concrete, he brings fresh insight to bear on significant recent events such as the War on Terror, Katrina, the killing of Trayvon Martin and Arizona's controversial immigration laws, in the process enriching and elaborating upon his vast body of work to date. Sites of Race offers fresh avenues into Goldberg's work for those already familiar with it, and provides an ideal entry point for students new to the field of critical race theory.
The private sector has an important role in poverty reduction in
Asia. The Private Sector s Role in Poverty Reduction in Asia argues
that the best way to create sustainable projects is to create
win-win situations where both private companies and individuals
working their way out of poverty can benefit. The book provides a
practical guide for managers and individuals working in the private
sector in the least developed areas of Asia to help make a
difference to the lives of others. The book s opening chapter
considers the private sector s role in poverty reduction in Asia
and following chapters discuss the variable nature of development,
developing economy environments in Asia and business practices and
strategies in these economies. A number of Asian economies are
considered in turn, including: China; Vietnam; Thailand; Cambodia;
Laos PDR; Southeast Asian countries; South Asian countries; Central
Asian countries; and the Himalayas. The final chapter looks at
creating sustainable win-win situations.
This timely book documents and analyses the seriousness of growing national inequality in different regions around the world. It argues that the treatment of inequality in the Sustainable Development Goals (SDGs) is wholly insufficient due to their failure to recognise the growing difference between the income of work and the income of capital and the super rich, and the strain this places on a country's social fabric. Sustainable Development Goals and Income Inequality provides a critical view on how inequality is dealt with in the process of setting global goals. It reviews the development of inequality globally and the various processes leading up to formulation of the SDGs. With chapters from top researchers on inequality and development economics it provides a strong and unique intellectual basis for a more prominent treatment of inequality in the follow up process to the SDGs. Combining a global perspective and in-depth regional analysis, this book will be of interest to students and academics in sustainable development, social policy and development economics. Contributors include: T. Addison, A. Cornia, P. Edward, R. Jolly, M. Luebker, D. Nayyar, A. Sumner, P.A.G. van Bergeijk, R. van der Hoeven, J. Vandemoortele, R. Vos
This concise yet insightful sequel to the highly acclaimed The Nature of Economic Growth provides a comprehensive critique of both old and new growth theory, highlighting the importance of economic growth for reducing poverty.A.P. Thirlwall illustrates that orthodox growth theory continues to work with 'one-good' models and to treat factor supplies as exogenously given, independent of demand. Orthodox trade theory still ignores the balance of payments consequences of different patterns of trade specialization when assessing the welfare effects of trade. The author goes on to present theory underpinned by up-to-date empirical evidence that factors of production and productivity growth are endogenous to demand, and that the structure of production and trade matter for the long-run growth performance of countries because of their impact on the balance of payments. He concludes that trade liberalisation has proved disappointing in improving the trade-off between growth and the balance of payments. This book will provide a challenging read for students and academics in the fields of economics, heterodox economics, and development. Policymakers focussing on the relationship between growth, trade and the balance of payments will also find the book to be of great interest. Contents: Preface 1. Divisions in the World Economy and the Importance of Economic Growth 2. Growth Theory: Old and 'New' 3. A Critique of Orthodox Growth Theory: Structure and Demand Matter for Economic Growth 4. The Endogeneity of the Natural Rate of Growth and Constraints on Demand 5. Balance of Payments Constrained Growth 6. Trade Liberalisation, the Balance of Payments, Growth, Inequality and Poverty References Index
This ambitious book scrutinizes the role of institutions in economic change, with special reference to Southeast Asia. It suggests that the nature of institutional arrangements such as households, community groups, firms, bureaucracies and formal governance systems can significantly affect human activity and economic success. The book begins by outlining the key elements of the theory of institutional economics. It then addresses institutions associated with particular markets and economic functions using case studies such as new agricultural technologies, the Indonesian labour force, the market for manufactured goods in Malaysia, Chinese entrepreneurs and policy makers in Thailand. The role of institutions is then discussed within the broader context of national and international change. Included are examinations of institutions which have evolved in Indonesia, those concerned with the transformation from central planning to the free market in Vietnam and institutions connected with governance and economic improvement in the Philippines. The discussion is brought up-to-date by an analysis of the role of global economic institutions in the recent Asian crises, looking at ways in which their performance might be enhanced.
Written by a highly experienced professor of macroeconomics, this monograph is the first English-language book to provide quantitative answers to Chinese economic development since the 1950s. Combines a range of mathematical, algorithmical, and computational techniques that are relevant for the analysis of Chinese economic data. Different from other studies exploring the nature of the Chinese economy, the author attempts to address the question: How did the Chinese economy become what it is? Sheds light on the constraints or driving forces of Chinese economic growth and fluctuations.
* International approach, with examples and cases from the US, Europe and Africa * Each chapter contains objectives, case studies, discussion questions and further reading suggestions. * PPT slides and data sets available as digital supplements
Small-scale agricultural producers in the peripheral world are often condescendingly assumed to be a single social class ('the peasantry') to be pitted against the state or corporation. This book challenges this rather idealistic view by demonstrating that under current capitalist social relations (competition, efficiency and productivity, and profit maximisation), these agricultural producers have been differentiated into different agrarian classes by exploitation. By comparing two different contexts of local agrarian change in Indonesia-rice cultivation in Java and oil palm in Sumatra-this book exposes the different class locations of the agrarian classes among petty agricultural producers and the class relations between them. These are often inextricably linked to gender, clanship and generational issues. The power of class dynamics crucially shapes how agricultural production in both rice and oil palm is organised. The share received by different agrarian classes from the production site then prominently shapes the different nature of class reproduction for each agrarian class. This analysis demonstrates that the different agrarian classes possess different capacities and responses in their relation to the state or corporations. Any real emancipation attempt in the Indonesian countryside (and beyond) must start from a proper understanding of these class dynamics. This book marks a significant contribution to the literature on agrarian change, the political economy of development, rural development and Marxist political economy.
This book investigates how non-state actors have become key drivers of the diffusion of the UN 2030 Agenda for Sustainable Development in Brazil. The UN ranks Brazil as the most biodiverse country in the world, but the country's environment has never been under greater threat, with the rise of multiple crises bringing mounting challenges to socioeconomic development and environmental protection. As state support has fallen away, non-state actors have actively engaged and eventually mobilized other social actors towards the promotion of the SDGs and the implementation of the UN agenda. This book asks why it is that non-state actors have dedicated so much time, effort and resources to promote a non-binding agenda that was ratified by and is mainly assigned to state actors. Looking at the roles of academia, civil society, and the private sector, the book explores the different ways in which these social actors make sense of and translate the 2030 Agenda into practice within their respective local contexts. Drawing on extensive fieldwork, this book sheds light on a series of challenges, opportunities and contradictions within the global agenda and its implementation. Assessing what the Brazil case can teach us about the diffusion of the 2030 Agenda and the SDGs more broadly, this book will be of interest to academics in the field of Sustainable Development, Latin America Studies and Environmental Politics as well as sustainable development researchers and policy makers.
A general expectation has developed that China's middle class will generate not only social but also political change. This expectation often overlooks the reality that there is no single Chinese middle class with a common identity or will to action. This timely volume examines the behaviour and identity of the different elements of China's middle class entrepreneurs, managers, and professionals - in order to understand their centrality to the wider processes of social and political change in China. The expert contributors seek to identify the social space occupied by the Chinese middle class rather than identifying social backgrounds and attitudes. In so doing they explore socio-political issues, the development of a consumer society, relationships between gender and class in the workplace, home-ownership and the appearance of gated communities, and the political interaction between the Party-state and the entrepreneurial middle classes and their impact on the new institutional economics. Providing a more nuanced understanding of the structure of the middle class in China and identifying dynamic elements in their behaviour, this unique book will prove a fascinating and thought provoking read for academics, students and researchers with an interest in Asian studies and public policy. Contributors include: C. Cartier, M. Chen, L. Chunling, D.S.G. Goodman, H. Hendrischke, D. Jianzhong, Y. Jing, J. Liu, J.L. Rocca, B. Tang, J. Unger
This book investigates how African countries respond to socioeconomic shocks, drawing out lessons to help to inform future policy and development efforts. The challenges posed by the COVID-19 pandemic affected all sectors of the economy, exposing substantial structural weaknesses and complexities in supply chains and logistics across the African continent. This book examines the disruptive impact of the pandemic across Africa. However, it also goes beyond the current crisis to investigate how socioeconomic pressures in general impact commodity prices, national budgeting processes, food, business, energy sectors, education, health, and sanitation. Overall, the book presents evidence-based solutions and policy recommendations to enable readers to improve resilience and responses to future crises. The insights provided by this book will be of interest to policymakers and development agencies, as well as to researchers of global development, politics, economics, business, and African studies.
Investment in infrastructure is essential for promoting economic growth, and while countries in Asia have enjoyed higher rates of gross domestic product growth in recent years, the region remains severely deficient in the scale and quality of sustainable infrastructure. Moreover, population growth and climate change continue to put increasing pressure on the need for strategic and farsighted development, calling for policy makers to reevaluate infrastructure governance to ensure sustainable economic growth. Currently, in developing Asia, most investment in infrastructure comes from the public sector. However, with growing fiscal deficits and other budgetary constraints, it is essential to develop alternative sources of investment for infrastructure projects. This presents opportunities to tap into the private sector, which can play an instrumental role in minimizing the funding gap through the development of stronger, more transparent public-private partnerships (PPPs) and incentivizing sustainable infrastructure investment. This book provides a scholarly discussion on the importance of PPPs and approaches to unlock private participation in infrastructure investment based on lessons from across Asia. Among the proposed schemes are government tax incentives, development-based land value capture strategy under PPP land pooling, Viability Gap Funds, Project Development Facilities, and other guarantees. The book aims to assess the impacts and future of sustainable infrastructure investments and examines the role of governments in mobilizing financial resources and new models for unlocking private investment in sustainable infrastructure. This book consists of fifteen original chapters on the experiences of the Central Asia Regional Economic Cooperation (CAREC) and a few other cases for promoting private investment in sustainable infrastructure. The fact that not much has been published previously on this theme makes this book a welcome and timely addition to the much needed knowledge on this subject. 'The Open Access version of this book, available at www.taylor fran cis.com, has been made available under a Creative Commons Attribution- Non- Commercial- No Derivatives 4.0 license.'
Cai Fang is one of China's most distinguished economists. This book elucidates the worldwide significance of China's economic development over the past 70 years from the perspectives of economic history and growth theory. The Chinese economy has undergone an unprecedented period of growth and development since the reform and opening-up in the late 1970s; a process which the hallmarks of neoclassic economic theory have often proved inadequate to explain. Examining the Chinese economy in the light of Chinese history and the development of the world economy as a whole, the book charts the milestones and critical reforms of China's economic development, providing insights into unique attributes as well as more generic patterns. The discussion covers multiple hot topics in the field, including the so-called Great Divergence, dual-sector economic development, real-world experience of the reform and opening-up, rural reform, urbanization, economic reform, poverty reduction, the latter day slowdown of China's economic growth, and China!-s role in and response to globalization, global supply domination and other headwinds. The book will be a must-read for students, scholars and general readers interested in the Chinese economy, economic development, political economy, and development economics.
Sub-Saharan Africa is vastly diverse, and the 49 countries of the region range significantly in terms of population, size and economic scale. The region also differs in topography, climate, history, culture, languages and political systems. Given this vast diversity, it is, accordingly, difficult to draw general conclusions about the continent's economic performance as a whole. Additionally, the lack of current statistics for several countries makes it difficult to make accurate assessments of economic conditions. Nevertheless, some broad comparisons can be made: of the world's developing areas, sub-Saharan Africa has the worst record in virtually all of the most important social and economic indicators: the region has the lowest gross national income per head, the lowest life expectancy at birth, the lowest youth literacy rate, the highest rate of adult HIV infection and the highest number of children not living past five years of age. This volume begins by examining recent economic developments and trends. It then looks at the major economic constraints the region has faced in recent years, breaking down those constraints as either 'external' (e.g. terms of trade) over which the individual countries have but limited control, or 'internal' (e.g. governance and economic policy), over which there is more control. The book concludes by arguing that, despite the notable challenges cited above, sub-Saharan Africa is poised for a transformation, based on closer regional economic co-operation, a growing middle class, increased demand for locally produced goods and services, and a young population.
This book examines steadily-growing increases in inequality within Western capitalist democracies, examining with care the differences between these democracies rooted in their culture and institutions. It highlights the differences in growth and inequalities between different countries, pointing to the role of endogenous institutions that affect social inequalities as well as the relationship between redistribution and economic growth. The book presents extensive comparative research on institutional factors such as industrial relations, welfare systems, training and innovation policies. Paying attention to diverse types of democracies and to the main features of left-wing parties, the book highlights the importance of politics, and of different types of democracies, in shaping social inequalities and diverse development paths. It will appeal to students and scholars interested in economic and labour sociology, welfare studies, comparative political economy, comparative welfare, varieties of capitalism, and comparative politics. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution- Non Commercial-No Derivatives 4.0 license.
This book analyses the household demand for consumer goods using a diverse database, consisting of 45 developed and developing countries. Household consumption patterns have undergone dramatic changes due to rapid economic growth, increasing household income and changing demographics. Using the most recent data available and the latest econometric techniques, the authors model demand for 12 different commodities such as food, alcohol and tobacco, housing, health, transport, health communication, and recreation and provide insightful comparisons of consumption patterns in developed and developing countries. The analysis presented in this book highlights valuable policy insights for planning government budgetary allocations and implementing policies towards an enhanced standard of living for people. The book also provides some important guidance for researchers interested in the theory and empirical application of the analysis of consumer demand.
This book explores the complex legal, cultural, economic and human rights issues associated with development-induced displacement and resettlement (DIDR) in Vietnam. As in many parts of the world, urban expansion and large-scale infrastructure projects in Vietnam often rely on forced land acquisition, which can result in the involuntary resettlement of households and entire communities. This book examines the adequacy of monetary and in-kind compensation and the support that resettlees need for successful integration into host communities and for sustainable livelihoods and improved well-being. It presents new paradigms and practices that place affected households at the centre of project planning and implementation to fully address the needs of the most vulnerable. This includes women, the elderly, and ethnic minority groups. Bringing together research evidence, practical experience, and insights of distinguished researchers, this book is the first to systematically examine DIDR in Vietnam, a single-party state seeking to balance state interests with the demands of investors and civil society for human rights and participation by affected people. Combining the latest evidence and research findings on development-induced displacement and resettlement in Vietnam with practical experiences in project implementation, this book will be a useful guide for researchers across development, migration, and Southeast Asian Studies, as well as practitioners and policy makers. Its lessons will also be relevant to other countries facing rapid development.
This book deals with a wide range of issues related to rural-urban migration in the context of neoliberal economic development in India. Focusing on three core areas, first it traces state discourses on rural-urban migration in India since the 1930s critically analysing its industrial, labour, rural and urban programmes, and policies. Second, through data on longitudinal surveys undertaken in rural Bihar in 1999, 2011 and 2016, it examines changes in patterns of migration and sources of income; estimates determinants and impacts of migration. Third, based on fieldwork in the village and the city, it presents an in-depth account of a rural-urban migration stream in contemporary India. It shows how, contrary to the results of conventional data sources such as the Census and NSSO, that mobility is high in rural Bihar, and has significantly increased over time as a result of rising labour demand in distant urban markets elsewhere in India. Further, it also provides evidence of decoupling of agriculture from the 'rural' in India. Combining quantitative and qualitative methods in development research, this book will be of great interest to scholars and researchers of development studies, migration studies, development economics, sociology, demography, public policy, and South Asian studies.
This book provides a comprehensive analysis of long-term changes in the car market of an emerging economy, with a focus on its spatial and temporal dimensions. Poland, the case study in question, represents a unique "laboratory of automobile revolution" during the late 20th and early 21st centuries. The volume brings to the fore several key aspects of the car market, such as car ownership, markets for new cars, import of second-hand cars, car use, electromobility and environmental impact. Many of them are the subject of a global debate in the context of achieving sustainable development goals. Others, meanwhile, point to the unique nature of transformations related to the car market in Poland. Altogether, consideration of these aspects enriches the international literature with new results and findings that will broaden the field of discussion on the car market onto the emerging economies, especially those of Central and Eastern Europe. The book combines the results of quantitative and qualitative research. The former is based on a big data set (ca. 40 million vehicles) and the latter on an in-depth social survey (questionnaire interviews with more than 4,000 drivers). The discussion of the geography of automobile revolution is linked to other social, economic and spatial phenomena and processes (e.g. urban sprawl or rural marginalisation; consumer decisions and the evolution of quality of life; and the development of individual entrepreneurship or environmental protection), as well as to transport, tax and customs policies. The analysis of the dynamics of change pays particular attention to the role of "critical junctures", such as the collapse of the communist system, EU membership, the world financial crisis (2007-2009) and first period of COVID-19 pandemic (2020-2021). The book will be of interest to scholars, students and practitioners dealing with transport research, geography of transportation, spatial economy, urban and regional planning and sustainability studies, and for car hobbyists.
Demonstrates a true story of China-Africa cooperation Explains China's motivation and achievements of providing aid to Africa Covers concerns and responses to the development appeals of African countries Refutes false claims that China is a 'rogue donor'
The COVID-19 pandemic has laid bare the vulnerabilities of socio-economic systems globally and exposed the risks that natural capital degradation imposes on human health, economy, and society. This book studies the environmental challenges faced by developing economies in a post-COVID-19 world. Exploring diverse case studies from South Asia and Sub-Saharan Africa, the volume discusses the impact that economic development and, recently, COVID-19 has had on the environment, ecology, and economy of these regions. It analyses nature conservation policies aimed at minimizing ecological damage arising from economic development and discusses the policy objectives of sustainable development. It also highlights the significant role that environmental economics networks have played in capacity building, framing of policies using ecological economics tools, and developing a local leadership trained in addressing local sustainability issues. An important contribution to the study of environmental economics of the Global South, the book will be of interest to students and researchers of economics, environment, development studies, development economics, environmental policies, and South Asia studies. It will also be useful for policymakers and NGOs working in this field.
1) This is a comprehensive book on creative industries in India. 2) The book contains essays with recent data and multiple crucial case studies from across India. 3) This book will be of interest to departments of development studies, South Asian studies and cultural studies across UK.
The merit of an effective State is measured by the discernment of
accountability, transparency, efficient service delivery
exemplified in admirable performance of a responsive government
that provides for sustainable socio-economic development. |
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