This book demonstrates a broadly successful transformation process that has been limited by challenging political, economic and social constraints. David Turnock traces the complex issues that have influenced Romania's reform and restructuring programme since the revolution at the end of 1989. The Transition from Communism to the European Union provides an overview of economic change in Romania, and studies in detail the transformation in industry, energy and agriculture, drawing on fieldwork in all parts of the country. The monitoring of the economic press throughout the post-communist period has also yielded much source material. Although the political context is examined at some length, the prime consideration is economic restructuring, involving the establishment of a free market system after decades of government control through central planning. It is made clear that the process is still not complete since global competitiveness remains a major challenge now that many people are beginning to experience a degree of prosperity. The book will be of invaluable interest to students and researchers in the fields of regional economics and post-communism, as well as readers with a general interest in Romania, the Balkans or the EU.

In recent years, the Republic of Guinea has shed its reputation as one of the most tightly controlled state economies in Africa, leaving behind a cloistered era marked by an extraordinarily closed economic and political system. In breaking with its dismal past, Guinea has launched an ambitious program of reform which has affected the entire range of the country's institutions, regulations, and markets.

Culling data from the World Bank, the International Monetary Fund, the United Nations, and numerous interviews and previously unpublished government data, Jehan Arulpragasam and David E. Sahn here present an overview of the Guinean economy, and its evolution--from independence, through crisis, to reform--and model implications of these changes for economic performance and living standards of the poor. Highlighting the chasm between theory and practice, between well-intentioned program and problematic implementation, the authors reveal how Guinea both parallels and contradicts past experiences of economic reform in Africa. Most notably, reform in Guinea has been hindered by the weighty administrative, managerial, and logistical demands of undertaking a vast battery of economic adjustments, all in one fell swoop.

The most detailed and informative study of the Guinean economy to date, "Economic Transition in Guinea" illustrates not only the successes of the nation's reform agenda, but also the fundamental constraints to development that often lie beyond the reach of such reform.

This book examines the Indian mandate for Corporate Social Responsibility (CSR) and its implementations in various individual organizations. Although the mandate is applicable only to certain large and stable companies, many believe that India is poised to become the birthplace of social, economic and environmental transformation, given the immense size of the Indian population and its challenging socio-economic index. The book explores the various facets of CSR investigation and places special emphasis on the Schedule VII of the Indian Companies Act of 2013, which defines specific areas of intervention for these companies. In addition, it provides a wealth of first-hand case studies that exemplify the ongoing developments and the fundamental challenges and opportunities of mandated CSR.

This book builds on cutting-edge scholarship and the author's quarter century of hands-on experience at the World Bank to lay out an innovative with-the-grain approach to integrating governance and growth---as a constructive, hopeful way of engaging the challenging governance ambiguities of our early 21st century world.
A 'with the grain' perspective directs attention away from a 'good governance' pre-occupation with off-the-shelf blueprints and optimal policies, and towards the challenges of initiating and sustaining forward development momentum. This altered angle of vision has powerful implications for how we understand and address the challenges of governance reform and development policymaking---both across countries and over time.
The book distinguishes among four broad groups of countries- according to whether their policies are dominant or competitive, and whether their institutions are personalized or impersonal. It also distinguishes among alternative options for governance reform---'top down' options which aim to strengthen formal institutions, and options which aim to support the emergence of 'islands of effectiveness'. And it explores the 'goodness of fit' between alternative reform options and divergent country contexts---including how narrowly-focused initiatives can achieve results even in a broader sea of institutional dysfunction.
The book examines how, over time, virtuous circles can link inclusive growth, positive expectations and ongoing institutional improvement. Taking the decade-or-so time horizon of practitioners, the aim is to nudge things along---seeking gains that initially may seem quite modest but can, sometimes, give rise to a cascading sequence of change for the better. Sometimes the binding constraint to forward movement can be institutional, making governance reform the priority; at other times, the priority can better be on inclusive growth. Over the longer-run, stability depends also on a broad-based commitment among citizens to the institutional order, as one which offers the hope of a better life for all.

This book is a collection of working papers, policy briefs and training modules, published by the International Poverty Centre in Brazil, which provides a comprehensives set of recommendations for alternative economic policies that can generate growth, employment and poverty reduction in developing countries.

The Economic Roots of Conflict and Cooperation in Africa explores how the development strategies of African nations shape the nature and dynamics of inter-group violence. The overview chapter assesses development doctrines, patterns of development, and levels and nature of violence in both North Africa and Sub-Saharan Africa. Focusing on eleven countries, the case-study contributions explore the immediate and long-term impacts of development initiatives on reducing or increasing inter-group conflict and violence. They demonstrate the importance of evolving identities as economic roles and conditions change. These insights can guide policymakers, development professionals, and activists committed to conflict-sensitive development.

This book examines international labour migrants in the context of South-South migration with a focus on Bangladeshi migration to Singapore. Two principal questions in the South-South migration are addressed: Why and how individuals migrate for work; and what impact this temporary form of migration has for migrants and their families. The book adopts a relatively new methodological approach to labour migration by linking different phases that migrants undergo in the migration process and by combining migrants in the host country with their families in the origin country. This is achieved through identifying and addressing six key areas: (i) migration policy, (ii) social imperatives of migration (iii) recruitment, (iv) social worlds of the migrants, (v) remittance process, and finally, (vi) family development dynamics. This book introduces the bari to migration research as a unit of analysis over and above individual and family units. The book reveals how social and cultural forces both initiate and perpetuate migration, and later on influence bari dynamics.

Seekings and Nattrass explain why poverty persisted in South Africa after the transition to democracy in 1994. The book examines how public policies both mitigated and reproduced poverty, and explains how and why these policies were adopted. The analysis offers lessons for the study of poverty elsewhere in the world.

Cash Transfers and Basic Social Protection offers a ground-breaking analysis of the discourses that facilitated the rise of cash transfers as instruments of development policy since the 1990s. The author gives a detailed overview of the history of social protection and identifies the factors that made cash transfers legitimate policy.

This book examines the relationship between development economics, social protection and democratization in the specific context of Sub-Saharan Africa. Moving existing theories of transformation into a new terrain, it sheds light on the exclusive origins of dictatorship and democracy. The book explains how development, social protection and democracy-enhancing policies have been produced by existing institutional frameworks and contingent responses to emergency events, and that these have themselves been shaped by the actions of actors and by their embeddedness in the surrounding political, economic, cultural and social environment. The book also draws attention to the most relevant institutional and social mechanisms, with associated elite strategies and power politics relations in the creation of politically-induced conflicts. In doing so, it highlights the important role of welfare institutions in the reduction and reproduction of vertical and horizontal inequalities as well as their repercussion in the emergence of social conflicts.

Designed to replace the same author's "The European Union and the Third World," this new text provides systematic coverage of the European Union's policies in relation to the developing world in the twenty-first century and includes substantial coverage of governance issues and the relationship between development initiatives and European integration.

Global cities today are facing fundamental challenges in relation to unaffordable housing and growing economic inequality. Singapore's success in making homeownership possible for 90% of its population has attracted much attention internationally. This book represents a culmination of research by the author on key housing policy innovations for affordable housing. Housing policy changes were effected in the 1960s through reforms of colonial legislation and institutions dealing with state land acquisition, public housing, and provident fund savings. The comprehensive housing framework that was established enabled the massive resettlement of households from shophouses, slums and villages to high-rise government-built flats. In the 1980s and 1990s, housing market and land use regulations were amended in response to the changing needs of a growing economy. Housing policies have also been utilised to curb housing speculation, build racially inclusive communities, and reduce wealth inequality. More recently, an ageing population of homeowners has necessitated focus on policies for housing equity extraction. This landmark title is of relevance to all developing economies exploring alternative systems of affordable housing.

India is one of the fastest growing countries in the world. However, high economic growth is accompanied by social stratification and widening economic disparity between states. This book illustrates some important aspects of underdevelopment and the process by which the underclass is left behind by focusing on the country's most neglected regions.

In an age of rising environmental concerns, it has become necessary for businesses to pay special attention the resources they are consuming and the long-term effects of the products they are creating. These concerns, coupled with the current global economic crisis, demand a solution that includes not only business, but politics, ecology, and culture as well. Developing Sustainable Value in Economics, Finance, and Marketing provides the latest empirical research findings on how sustainable development can work not just for organizations, but for the global economy as a whole. This book is an essential reference source for professionals and researchers in various fields, including economics, finance, and marketing; operations management; communication sciences; sociology; and information technology.

This contributed volume is the first book in English to offer a current and critical vision of regional problems and policies in the countries of Latin America. The book is in three main parts: a general overview of regional processes and trends in Latin America as a whole; country-level coverage of seven individual countries; and comparative analyses of common major problems such as migration, education, labor, poverty, decentralization, exports and foreign direct investments. Written by renowned academics and experts from the region, the book seeks to provide a better understanding of regional challenges and trends, regional disparities that exist in many Latin American countries and the increasing importance of metropolitan areas.

In the new millennium, understanding China's energy economy is crucial for politicians, businesspeople and energy economists, as China's energy policy choices will mean both challenges and opportunities for the world in terms of an increasing share of primary energy consumption and investment. This book initially reviews the literature on China's energy economy and in so doing reveals that many important areas have been overlooked or are outdated in their coverage. Given the size of China and its global importance, the book then review s China's current energy situation and fills the gaps in the literature for those who are interested in and concerned about China's economic development and energy reform in the new millennium.

The book is different from previous studies in several important ways: Firstly, it presents recent, pioneering research rather than a simple textbook, several sections of which have been published in high-quality energy journals. Secondly, the book first subdivides China's energy intensity change into aspects of budget constraint, technological change, factor substitution, energy demand and economic growth using a newly developed econometric approach. Thirdly, it provides many new and different econometric findings and derives many new policy implications for China's energy economy. And lastly, it brings to light a wealth of new knowledge for those who are interested in China's energy economy, the world energy market and global environmental and climate change issues."

Most of the scholarship on the Job Guarantee up to now has been in the context of industrialized nations such as the United States and Australia. Employment Guarantee Schemes directs attention to challenges and opportunities of enacting direct job creation policies in developing countries and BRICS, including China, Ghana, Argentina, and India. This book also investigates how the Job Guarantee might interface with other policy goals, such as environmental sustainability. Eschewing narrow individualistic and economistic approaches, these interdisciplinary, historical, and comparative studies delve deeper into how both unemployment and true full employment can affect community.

Why has there has been such a pronounced divergence in the economic fortune of developing countries? Comparing the experience of East Asia and Latin America since the mid-1970s, Elson identifies the key internal factors common to each region which have allowed East Asia to take advantage of the trade, financial, and technological impact of a more globalized economy to support its development, while Latin America has not. Unique in it comparative regional perspective and grounded in an inter-disciplinary approach, this work is a timely addition to our understanding of the future of economic development.

This volume is a collection of essays that provide a comprehensive coverage of multiple aspects of the discourse on environment, development and sustainability. It is designed to bring in a host of perspectives highlighting the synergies and the trade-offs in this debate, showcasing research along with policy implications of putting research into use. The global discussion on sustainability paints the broad canvas for this book. This volume aims to probe some contemporary issues that will help in understanding the sustainability narrative in India. The topics span over a host of questions on energy, environment, natural resources and related constituents of development. The discourse further extends to the role of economic modelling, public policy debates, political intervention, stakeholders' response, community participation and so on. The discussions are often based on empirical support, review of existing literature as well as policy analysis. With an ultimate aim to understand the overall development narrative of the people of India, the discourse takes in its ambit the nuances of resource utilisation, economic growth, COVID-19 impacts, competitiveness and market structures, urbanization, sectoral reforms, environmental hazards, climate change, pollution, natural resource accounting and management to name a few. The book is divided into four sections, namely, The Big Picture: Evolving Perspectives; The Energy Scenario: Dilemmas and Opportunities; Sustainability Cross-Cuts: Developmental Aspects and Externality Empirics: Knowledge and Practice. The first section contains commentaries on the overarching themes of economic growth, development and sustainability. It presents some emerging perspectives on the developmental crisis that has emerged through the environmental lens with additional focus on the need for inclusion of creativity, knowhow, technology and financial resources to achieve the ambitious SDG targets. The second section brings out the dilemmas and opportunities in the energy sector, that has been a key player in discussions of sustainability, especially for India where significant technological advances in conventional forms of energy supply coexists with fairly low levels of per capita energy consumption and energy security is a key challenge. The section on sustainability crosscuts attempts to highlight the problems and processes of mainstreaming the sustainability question into conventional thinking through the concepts of a circular economy, green accounting techniques, institutional and governance structures, public policy and inclusive growth, amongst others. The last section presents some empirical studies on environmental externalities, the unaccounted environmental effects of economic production and consumption and finally the behavioural aspects of the stakeholders that are crucial in the larger narrative of sustainable development. This edited volume contains contributions of reputed scholars from various Indian universities, research institutions and professionals from outside academia, who are proven experts in their fields. The link between policy, practice, and well-being of the large vulnerable population of India is the major focus of enquiry that will help researchers, practitioners and policy planners in conducting further research in energy, environment, resource and linked areas of development economics. General readers with an active interest in energy, environment, and economic development are also likely to find this book an interesting read, especially in the times of several environmental challenges facing humankind.

This volume contains country experiences explained by policy makers and studies by leading experts on causes and consequences of capital flows as well as policies to control these flows. It addresses portfolio flow issues central to open economies, especially emerging markets.

While most advanced industrial countries have adopted a liberal approach to the regulation of capital flow, the typical developing countries have been driven to control foreign exchange in order to prevent a flood of speculative capital inflow and retain domestic monetary resources for local development needs. This book examines the Taiwanese experience in balancing controls on foreign capital with domestic development needs in a manner that has stabilized the national economy and created a substantial trade surplus. Chich-Heng Kuo's position in the Taiwanese government enables him to provide an accurate analysis of the legal framework and policies that have contributed to his country's success.

Kuo begins with a review of international capital flow patterns and suggests standards for national performance and capital markets that will enable policymakers to evaluate the costs and benefits of foreign exchange controls. His appraisal of the role of capital regulation in Taiwanese economic development indicates that encouragement of foreign direct investment and strict controls on outward capital flow have been key factors in creating a strong economy. Kuo describes the gradual reversal of these policies starting in 1986, when Taiwan had begun to accumulate large foreign exchange reserves and needed to focus on foreign investment abroad to cool down inflationary pressures at home. The final chapter explores possible applications for economic development in other countries. Providing legal and policy analysis as well as information on the impact of specific types of regulations, this case study will be useful to policymakers, professionals, and scholars concerned with international trade, capital, and economic development.

After the United Nations adopted the 17 Sustainable Development Goals (SDGs) to "end poverty, protect the planet, and ensure prosperity for all," researchers and policy makers highlighted the importance of targeted investment in science, technology, and innovation (STI) to make tangible progress. Science, Technology, and Innovation for Sustainable Development Goals showcases the roles that STI solutions can play in meeting on-the-ground socio-economic and environmental challenges among domestic and international organizations concerned with the SDGs in three overlapping areas: agriculture, health, and environment/energy. Authors and researchers from 31 countries tackle both big-picture questions, such as scaling up the adoption and diffusion of new sustainable technologies, and specific, localized case studies, focusing on developing and middle-income countries and specific STI solutions and policies. Issues addressed include renewable energy, automated vehicles, vaccines, digital health, agricultural biotechnology, and precision agriculture. In bringing together diverse voices from both policy and academic spheres, this volume provides practical and relevant insights and advice to support policy makers and managers seeking to enhance the roles of STI in sustainable development.

This edited volume looks at energy poverty, an issue whose pivotal role in the fight for human development is only now being recognised by policymakers. Nearly one quarter of humanity still lacks access to electricity. Close to one third rely on traditional fuels like firewood and cow dung for cooking, at great cost to their health and welfare. While most prevalent in parts of Africa and Asia, energy poverty is a global problem which concerns us all. This book, which brings together economists, policymakers, entrepreneurs, and other practitioners from all over the world, is dedicated to a single goal: finding a solution to this haunting problem. It is part history, part economics, part political analysis, part business case review, and part field handbook. Part One focuses on defining and measuring the problem and benchmarking progress in solving it, an obvious prerequisite to any successful energy-access policy. Part Two reviews past and current energy access programs, with an eye towards finding out what worked and what didn't and what can be replicated elsewhere. These case reviews are told as seen on the ground - China's experience by top Chinese officials and Africa's by African regulators and scholars. Based in part on those cases, the book's last, more forward-looking section aims to present practitioners with a tool kit, a menu of options to speed up their efforts. The energy access agenda is gaining traction at a time of rising concerns about climate change and resource constraints. This book shows that bringing modern energy to those who lack it not just a moral imperative, but will likely benefit the world as a whole without harming the environment or unduly stretching finite resources.

The COVID-19 pandemic has fundamentally altered the global economic landscape, with the smallest and most vulnerable economies particularly hard hit. In the Northern Triangle countries of El Salvador, Guatemala, and Honduras, the crisis has cost lives and livelihoods. It has impacted both the demand and supply sides of the economy, posing difficult policy tradeoffs. Risks to macroeconomic stability are now growing. Each country will likely exit the crisis with an even greater need for reform. Escaping the Governance Trap: Economic Reform in the Northern Triangle provides a framework for understanding the challenges of those three Central American nations, proposing that the lack of governing capacity in each country is a crucial problem. This book argues that economic reforms can help the Northern Triangle countries escape their governance traps and identifies priority areas of economic reform. Sectors covered include fiscal policy, monetary and exchange rate policy, financial access and deterrence, and structural reforms. It also highlights the role that stakeholders like the United States can play to help in these reform efforts, and how those outcomes affect the United States and the global community. All told, Escaping the Governance Trap provides an accessible, direct account of the Northern Triangle's economic challenges and how to fix them.