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Books > Business & Economics > Economics > Development economics
This book introduces the concept of Eco-civilization, highlights the construction and development of eco-cities in China, and assesses the achievements and shortcomings of China's eco-city construction projects. As both China and Western countries face an impending ecological crisis, responding to that crisis is a common challenge for all human beings. There is an overwhelming consensus among Chinese scholars that in order to successfully address the ecological crisis successfully we must establish an eco-civilization, and one important step toward accomplishing that goal is to plan and construct eco-cities.
Despite its unusually rich availability of natural resources and ample base of human capital, in the last forty years Argentina suffered a poor growth performance in any cross-country comparison. Chudnovsky and Lopez's analysis includes two episodes of growth in 1964-74 and in 1991-98 that proved to be finally unsustainable, as well as the 2001 crisis, the most severe in the country's history. Since both growth episodes took place under quite different development paradigms, the Post-War Development Consensus and Washington Consensus, lessons about what went right and wrong in Argentina contributes to the debate about the virtues and failures of those paradigms. Following mainly an institutional and historical approach, but also employing rigorous economic analysis, this book offers a timely contribution to one of the big puzzles in the field of development economics.
This book honors the memory of Tony Atkinson, who made significant contributions to the rigorous study of income inequality, poverty, and redistribution. These essays presented, covering a span of over 30 years of research and scholarship, have been at the forefront of distributional analysis, and many of them are of prime importance for contemporary developments in the real-valued measurement of poverty and inequality, with particular reference to the concepts of fuzzy poverty assessment, vulnerability, heterogeneity/multidimensionality, unit consistency, sub-group decomposability, and dominance criteria. While all of these articles have been previously published-singly or with co-authorship-in a number of professional journals or distinguished edited volumes, this book is greatly enriched by a substantial introductions by the authors, which place the contributions in context, highlights their inter-connectedness, and relates them to the work of Tony Atkinson and other scholars. This book is of intrinsic value to welfare analysts, as well as being a tribute to a very great scholar by a fellow economist.
In "Delivering Development," author Edward Carr calls into question the very universal, unquestioned assumptions about globalization, development, and environmental change that undergird much of development and economic policy. Here he demonstrates how commonly held beliefs about globalization and development have failed the global poor. Over his 13 years of working along what he calls "globalization's shoreline," a world region buffeted by the economic, political, and environmental decisions of those living in wealthier places, Carr has concluded that most experts misunderstand what they are trying to fix, and cannot tell if they are fixing it. "Delivering Development" is an eye opening, you-are-there book that compels the reader to question conventional wisdom, redefines what assistance to the developing world really means, and explores alternative ways of achieving meaningful, enduring improvements to human well-being.
China was the largest and one of the most advanced economies in the world before the eighteenth century, yet declined precipitately thereafter and degenerated into one of the world's poorest economies by the late nineteenth century. Despite generations' efforts for national rejuvenation, China did not reverse its fate until it introduced market-oriented reforms in 1979. Since then it has been the most dynamic economy in the world and is likely to regain its position as the world's largest economy before 2030. Based on economic analysis and personal reflection on policy debates, Justin Yifu Lin provides insightful answers to why China was so advanced in pre-modern times, what caused it to become so poor for almost two centuries, how it grew into a market economy, where its potential is for continuing dynamic growth and what further reforms are needed to complete the transition to a well-functioning, advanced market economy.
"With economic reforms underway for more than a decade in India, it is interesting to examine the responses of the Indian states to the newer challenges. This book addresses a wide range of issues, such as growth dynamics, income inequality, the fiscal behaviour of the states, the role of the banking sector, and the emerging institutional structure aimed at catering for social banking and strategies for agricultural growth"--Provided by publisher.
This book looks at developmental pathways to poverty reduction that emphasize employment-centred structural change, social policies that both protect citizens and contribute to economic development, and types of politics that support economic transformation and participation of the poor in growth processes.
The success or failure of economic assistance programs is a shared responsibility of recipient countries and donors. The negative attitude about aid prevalent today underscores a perception the aid has failed. Critics often blame corrupt regimes, weak governments, or poor economic policies. However, the poor track record of aid is also due to donors' inability to allocate limited funds effectively and poor coordination of their aid efforts. Declining aid budgets have led to fundamental questioning of foreign aid's allocation and utility, while the apparent ineffectiveness of aid has shrunk aid budgets and turned public opinion against providing it. This edited collection containing pieces written by leading development specialists evaluates these emerging questions of allocation and efficiency. Development economists, policy makers, and development specialists will benefit from reading this work. Chapters examine the optimal and intertemporal allocation of aid, the role and accountability of NGOs in allocation, the importance of untying (a new perspective on low levels of aid), and links between the allocation pattern of donors. Additional chapters deal with the impact of aid on economic growth, democracy, wage inequality between skilled and unskilled labor, and the role of governance and institutional capacity in aid effectiveness. An effective balance between theoretical and empirical models is offered to better illustrate the issues involved.
Economic Systems Analysis and Policies is a meeting point between
economic systems and economic development. It offers theoretical
foundations and empirical evidence on the distinct behaviours and
evolution of economic systems in US and EU (where firm settings
dominate), in transition countries (where state settings dominate),
and in the world developing regions (where household and persuasive
settings are influential). The book analyses emerging systemic
policy problems and related country responses. Policy areas covered
include competitive markets, governance, uncertainties,
externalities, public goods, economic growth, and income
distribution.
This book analyzes the discourses and deliberations in the discussion forums of three of the most visited Islamic websites. In doing so, it explores the potential impact of the Islamic public sphere, and the re-configuration of the 'virtual umma' (Islamic community) online, on the creation of multiple identities and resistances, which manifest themselves through various Islamic sites, producing varying degrees of consensus, divergence, and negotiation in multiple contexts and across different discourses. The book also investigates the extent to which these Islamic websites have provided a venue for Muslims to freely engage in vibrant deliberations and constructive discussions among themselves, as well as with 'Others', i.e., non-Muslims, about various political, economic, religious and social issues.
A credible central bank can effectively lead the process of financial sector reform in a developing country. This book discusses central banking issues and offers a clear path to building credible central banks in emerging economies.
Blue Ocean Strategy, the #1 global bestseller, forever changed how the world thinks about strategy. Now W. Chan Kim and Renee Mauborgne offer up a bold, new idea that will transform how we all think about innovation. Disruption dominates innovation theory and practice. But disruption is destructive-displacing jobs, companies, and even entire industries. Are we missing better, and even bigger, opportunities to innovate and grow? With three decades of research, the number one global-bestselling authors of Blue Ocean Strategy W. Chan Kim and Renee Mauborgne reveal another way to innovate and grow-nondisruptive creation. Just as Blue Ocean Strategy redefined the essence of strategy as creating not competing, Beyond Disruption redefines and expands the existing view of innovation by introducing a new approach-nondisruptive creation-that is free from the destructive displacement that happens when innovators set out to disrupt. Kim and Mauborgne reveal the distinct advantages of nondisruptive creation to business and society, showing how this bold, new approach to innovation allows companies to grow while also being a force for good. With examples that cut across all sectors of the economy and a practical framework for guiding innovation efforts, this book shows: Why nondisruptive creation matters to all of us and why it's about to become a lot more important in the future How to create innovation strategies that trigger nondisruptive creation instead of disruption How to identify and execute on nondisruptive opportunities How companies can more thoughtfully pursue their growth and innovation strategies in a way that better balances business and society A practical guide for driving innovation and growth, the rich research behind the book coupled with its frame-breaking message make it the must-read book for the next generation of innovators who want to do well and do good.
Adopting a distinctive structural political economy approach, this book uniquely explains the blind spots of alternative political economy approaches to international aid, and presents an original framework for evaluating likely reformers' strength of commitment and potential alliances with donors.
The rise of globalization has affected the ways in which nations maintain sustainable development and economic prosperity. Certain countries, such as Turkey, have evolved into a place of particular importance in the changing global economy. As such, it has become more important than ever to better understand the crucial role of such nations on an international scale. Comparative Economics and Regional Development in Turkey is an authoritative reference source for current scholarly research on the influence of Turkey in today's global environment and how the country can maintain long-term sustainability and prosperity. Featuring extensive coverage on a variety of pertinent topics on sustainable industries, contemporary globalization, and the impact of information and communication technologies, this book is an essential reference source for practitioners, business executives, advanced-level students, and academicians seeking the latest research on the role of Turkey in today's worldwide economy. This book features timely, research-based articles spanning all areas of regional economics, including topics such as consumer confidence, the Turkish shadow economy, international business initiatives, economic development in the MENA region, strategic optimization strategies, and more.
Decentralization is changing the face of South East Europe. This book provides practical analysis of the devolutionary measures reshaping post-Communist economies. Decentralization of government to regional and local levels, in both is administrative and fiscal forms, has taken place to different extents in the countries of South East Europe and this book discusses the many factors and three main forms that make this so. Going through Europe's history, looking at religion and economical growth and understanding the politics of a nation under a Communist regime, this book analyses the extent and evolution of the decentralization and local development in South East Europe in the 1900s.
Amidst rising global inequality, migration, climate change, health pandemics, and deepening poverty, it is time to redirect our economy towards more sustainable and socially just processes and outcomes. In Wellbeing Economics Nicky Pouw puts forward a new framework that places human wellbeing at the centre, instead of economic growth. She postulates ten reasons why economics should change to remain a relevant discipline and develops a Wellbeing Economic Matrix (WEM) to implement this approach. In doing so, it is one of the first economics books that 'rethinks the economy' from head to tail. The book includes a foreword by Allister McGregor. Have a look here for the online series of Pakhuis de Zwijger on wellbeing economics, with our author Nicky Pouw.
In the aftermath of the devastating economic depression suffered for almost a decade, Modeling Economic Growth in Contemporary Greece assesses the conditions shaping the Greek economy's restart, discussing the effect of institutions on the business environment and highlighting the factors which are critical for achieving sustainable economic growth. The intrinsic properties of the Greek economic and business environment imply that there are country-specific factors responsible for the performance of the Greek economy, which is differentiated from its European counterparts. Despite being a member of the European Union since 1981 and one of the twelve first countries who adopted the euro, Greece has not been able to converge in crucial macroeconomic indicators with the early euro area Member States. The European stimulus package to support post COVID-19 recovery appears as a unique opportunity for Greece to develop a long-term vision and materialize reforms that will unlock the economy's true potential. This latest book in the Entrepreneurship and Global Economic Growth series is centred around the determinants of and obstacles to Greece's sustainable economic growth, presenting the macroeconomic and external environment and the dynamics of Greek economy and focuses onto internal conditions shaped by country-specific characteristics affecting labor and product markets' efficiency and the performance of institutions and production factors.
By highlighting the factors that configured the emergence of India as an ICT superpower from the South and limited success of some countries that long since embraced liberal trade regime, this volume highlights the ways to transform the digital divide into digital dividend. Drawing from the detailed case studies of India and five ASEAN countries, it establishes the complementary role of innovation system and trade regime in promoting production and use of ICT and draws lessons for other developing countries that adopted a liberal trade regime to catch up with the ICT revolution.
The book examines the status of the Anglophone Caribbean economy and the options it faces as traditional preferential trade arrangements begin to disappear. Two broad options are explored: one is the transformation of primary exports into higher value-added products and the other is a shift in the economic structure toward tourism and other services. The book constructs a model of a potential Caribbean economy, described as a "travel economy." The travel economy is based on two enduring features of Caribbean life--tourism and migration.--and it is meant to provide a benchmark against which to gauge the evolution of the structure of individual economies. The main contribution of this book is a concise and methodological treatment of the issues of transition and adjustment that the Caribbean faces in an increasingly liberalized international trading system.
This book gives a critique of the contemporary global capitalist system and the adverse consequences suffered by the developing countries as a result of their 'integration' into this system. The current neoliberal paradigm of capitalist development as the only or the best alternative for the economic, social and political development of the developing countries is rejected. The authors search for more human and ecologically sustainable alternatives, focusing on Latin America, Asia and women.
Economists increasingly agree on the nature of the development and social policies needed to halve poverty over the next ten years. A similar convergence is nowhere in sight in the case of macroeconomic policies. Disagreements in this area remain significant, exacerbated by rising financial instability and a string of banking and currency crises that impacted negatively on poverty, growing macro imbalances in some industrialized countries and the rapid development of difficult-to-regulate international financial markets. This volume presents a pro-poor macroeconomic policy allowing countries to recapture policy space, help promote growth, reduce inequality and diminish poverty in a sustainable way.
This book offers insights into the process and the practice of local economic development. Bridging the gap between theory and practice it demonstrates the relevance of theory to inform local strategic planning in the context of widespread disparities in regional economic performance. The book summarizes the core theories of economic development, applies each of these to professional practice, and provides detailed commentary on them. This updated second edition includes more recent contributions - regional innovation, agglomeration and dynamic theories – and presents the major ideas that inform economic development strategic planning, particularly in the United States and Canada. The text offers theoretical insights that help explain why some regions thrive while others languish and why metropolitan economies often rise and fall over time. Without theory, economic developers can only do what is politically feasible. This text, however, provides them with a logical tool for thinking about development and establishing an independent basis from which to build the local consensus needed for evidence-based action undertaken in the public interest. Offering valuable perspectives on both the process and the practice of local and regional economic development, this book will be useful for both current and future economic developers to think more profoundly and confidently about their local economy.
The 21st century Latin American developmental welfare state model is based on a new public-private alliance, where state-led developmental social policy relies for its implementation mainly on proactive, emerging regional entrepreneurs and a growing middle class. This volume illustrates where innovative development strategy may be in the making.
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