Since the 2007 financial crisis, discussion on issues related to the size, spread and frequency of financial crises has captivated a wide variety of audiences. Why has the world economy experienced such a marked increase in financial transactions and private and public indebtedness since the 1980s? How have middle-income developing countries suddenly become a part of this dynamic? And, most importantly, how has the topic of financial crises been featured in households' daily discussions in both developed and developing parts of the world? Domna Michailidou addresses the questions above through exploring the inexorable evolution of financialisation into financial crisis through the examination of three middle-income countries: Mexico, Brazil and South Korea. Concentrating on emerging economies, and especially choosing three very different economies that all experienced financial crises in the 1990s, this book explores what lessons can be learnt regarding financial fragility, volatility and failure in the wake of capital market liberalisation.

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.

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.

The celebratory tone about the emergence of the BRICs and the improved growth in Sub Saharan Africa and Latin America during the 2000s obscures the reality that, for large parts of the developing world, the development challenges are more acute than ever before. After three decades of Washington Consensus policies, deepening globalization, and China's and India's increasing competitiveness in ever more goods and services, many developing countries are now facing three critical challenges: how to engender a transformation of the production structure that creates many more productive jobs, how to make growth more inclusive, and how to stimulate a growth process compatible with environmental sustainability. This book brings together development scholars and practitioners from multiple academic disciplines and policy perspectives to analyze important facets of this triple challenge, to explore interconnections among them and suggest strategies for overcoming the challenges in the current age of globalization. Three features distinguish this book from other current works in the field. First, this book looks beyond the current global crisis and short-term growth opportunities and analyzes the challenges to development from a long-term perspective. Second, books on the barriers to development tend to concentrate on one of the three challenges, e.g. Barbier (2010) A Global Green New Deal on environmental sustainability; Cimoli, Dosi, Stiglitz (2009) Industrial Policy and Development on structural transformation; and Milanovic (2011) The Have and the Have-Nots on exclusion. This book, in contrast, brings the three challenges together to emphasize that they challenges are interlinked and that strategies and policies must begin to recognize these interconnections to address different aspects of the challenges concomitantly. Finally, the contributors to the book include some of the most renowned development thinkers of our time.

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.

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.

In 1989 the post-Communist countries of Eastern Europe opened their economies by establishing more open exchange rate policies and exchange controls and eliminating prohibitive tariffs and quotas. Now trying to join the integrated world economy, they are facing the challenge of finding strategic alliances and attracting foreign capital. This book analyzes economic policy in Eastern Europe with a focus on the financial arrangement of currency boards. It examines the main challenges facing East European countries, their economic policy strategies, the main challenges to the economies that adopted currency boards, and whether currency boards were a solution.

The book is organized into two parts. Part I addresses the challenges to economic policy in Eastern Europe, and Part II turns to the discussion of currency board arrangements.

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.

This book challenges the quasi-consensus that Latin American countries dominate global homicide rankings mainly due to the illegal nature of drug production and trafficking. Building on US scholarship that looks at the role of social exclusion and discriminatory policing in drug violence, the authors of this volume show that the association between illegality and violence cannot be divorced from the inequality that prevails in those countries. This book looks in detail at the functioning of drug markets in Recife, the largest metropolitan area in Brazil's North-East and, over the last 25 years, the heart of the country's most violent metropolitan area. Building on extensive interviews and field work, the authors map out the city's drug markets and explore the reasons why some of those markets are violent, and others are not. The analysis focuses on the micromechanics of each market, looking at consumption patterns and at the workings of retail sales and distribution. Such a systematic micro-level comparative analysis of the workings of Latin American drug markets is simply not available elsewhere in current literature. These findings point to significant gaps in current understandings of the link between illegal markets and violence, and they illuminate the need to factor in the way in which those markets are nested in exclusionary social contexts.

The past three decades have seen a remarkable rise of Afrikaners in business. In light of the government’s comprehensive black economic empowerment programme this has been one of the unexpected features of the South African economy.

Today many of these Afrikaner tycoons are competing internationally. With Koos Bekker at its helm, media group Naspers began dominating the Johannesburg Stock Exchange and was turned into a global consumer internet group. Johann Rupert strongly extended Richemont’s share internationally in the upper-end market of luxury goods, while Christo Wiese and Whitey Basson at Pepkor and Shoprite became Africa’s largest clothing and food retailers.

Fortunes describes how these and other business leaders, such as Jannie Mouton, Michiel le Roux, Douw Steyn, Roelof Botha, Hendrik du Toit and a number of commercial farmers, built their empires. It looks at their life and business philosophies and what makes them such successful entrepreneurs.

Recent years have also seen the sensational collapse of Steinhoff International, the furniture retailer led by Markus Jooste that destroyed some of these fortunes. While Jooste is the topic of one of the chapters, another looks at the philanthropic projects most of these tycoons are involved in.

Global poverty continues to be a major problem, one that has received much attention and resources for the last 60 years. The developed countries, international institutions such as the World Bank and United Nations, various aid agencies, and civil society have contributed trillions of dollars to fight poverty yet there are more poor today than there were a decade ago. In this hard-hitting polemical Karnani demonstrates what is wrong today's approaches to reducing poverty. He proposes an eclectic approach to poverty reduction that emphasizes the need for business, government and civil society to partner together to create employment opportunities for the poor arguing that the only way they will ever be truly lifted out of poverty is to create jobs that provide financial support for entire local communities in developing nations.

An examination of women's roles in politics and society in the contemporary Russian Federation as it creates a new market economy and democratic course born of a millennium of history and nearly 75 years of authoritarian communist rule.

The stage is set in the introduction followed by an examination of the history of the Bolshevik socialist state in 1917 through the participation of women in recent multiparty elections in 1993. The tsarist and Communist gender culture is presented, and the book then considers why and how, the Soviet Union disintegrated. Next the editors explore the reborn Russia of President Boris Yeltsin and women's rights under Soviet and post-Soviet rule. The book is enriched by statistical tables and glossaries of the names of leaders and terms for easy identification.

This book explores new perspectives on how to improve the chances of success regarding capacity building in developing and emerging countries. Drawing on lessons learned in the course of six decades of capacity building research and practice, it identifies the required conditions for the success of capacity building efforts, and suggests that a radical change in mindset has become a critical aspect in developing countries. In addition, the book discusses capacity building in connection with entrepreneurship (especially female entrepreneurship), transnational diaspora remittances, and combating corruption, which it considers to be essential drivers of sustainable development in developing and emerging countries. The book's contributing authors represent the leading minds in capacity building research and practice, and include researchers from prestigious universities in North America, Europe and Africa, as well as international development experts from institutions such as the International Monetary Fund (IMF), the World Bank, African Development Bank, and African Capacity Building Foundation. All authors have considerable expertise regarding capacity building issues, and represent 26 emerging and developing countries in Africa, Asia, the Middle East, Caribbean Islands, North America and Europe.

This volume examines the impact of the Millennium Development Goals (MDGs) on Africa's development post-2015. It assesses the current state of the MDGs in Africa by outlining the successes, gaps and failures of the state goals, including lessons learned. A unique feature of the book is the exposition on post-MDG's agenda for Africa's development. Chapters on poverty, south-south partnership, aid, gender, empowerment, health as well as governance and development explore what feasible alternative lie ahead for Africa beyond the expiry date of the MDGs.

This book represents a comprehensive state-of-the-art picture of entrepreneurship and small business management issues in the Balkans region. It provides major theoretical and empirical evidence that offers a brighter view of these fields and aims to open up opportunities for greater dialogue in public policy. The readers would be able to enhance their knowledge on small businesses and innovation issues in the Balkans. An outcome of a long lasting endeavour, this book includes contributions of highly reputed authors and experts from the Balkans' countries. Features forewords by two well-known personalities of this field, Leo Paul Dana and Alain Fayolle.

This book explores the reliability of official statistical data in the ASEAN (the Association of Southeast Asian Nations), and the benefits of a better vocabulary to discuss the quality of publicly available data to address the needs of all users. It introduces a rigorous method to disaggregate and rate data quality into principal factors containing a total of ten dimensions, which serves as the basis for a discussion on the opportunities and challenges for data quality, capacity building programs and data policy in Southeast Asia. Tools to standardize and monitor statistical capacity and data quality are presented, as well as methods and data sources to analyse data quality. The book analyses data quality in Indonesia, Malaysia, Singapore, the Philippines, Thailand, Vietnam, Brunei, Laos, Cambodia, and Myanmar, before concluding with thoughts on Open Data and the ASEAN Economic Community (AEC).

Development Strategies, Identities, and Conflict in Asia explores the links between Asian governments' development strategies and the nature and dynamics of inter-group violence. The overview chapters comprehensively assess the development doctrines, patterns of development, and levels and nature of violence in all Asian subregions, while case-study contributions focusing on eight countries explore the often surprising impacts of development initiatives on reducing or increasing inter-group conflict and violence ranging from West Asia to Southeast Asia. The variations in strategies and their impacts on multiple risks of violence can guide policymakers, development professionals, and activists committed to conflict-sensitive development.

This ground-breaking book examines marketing's impact on economic development. Focused on the less developed and newly industrialized countries, Campbell and Reddy outline how marketing can and should be used as a primary tool by government, business, and private planners. Analysis of Japan's post-war economic development is used as a starting point for the book's development of a macro-behavioral model. The model, centered on marketing, includes the constructs of attitude, adaptation, and achievement orientation as the macro-behavioral keys of development. The model explains how those keys function best in an environment where government, business, and labor interact to facilitate development in a market economy.

After reviewing some definitional aspects of marketing and economic development, the book examines marketing's role in less developed countries. It examines the conditions in the former USSR and its satellites and shows how marketing could facilitate their vitally needed economic development. The model, based on Japan's development, is proposed. It is then shown how the model can explain the successful economic development of Setubal, Portugal. India is examined as an example of the countries which should apply the model to hasten economic development.

Given the current environment, there is a compelling need to undergo a broad-ranging analysis on the future of multilateral development cooperation. The time has come to critically examine the effectiveness of international development assistance channelled through multilateral organizations, emphasizing what works and what needs to change in the context of an evolving global order. This volume addresses the changing nature of the international aid system and the challenges it poses for the multilateral system, donors and aid recipients, centring on new regional and national relationships developing in the multilateral system, economic and social forces, and national and global policy making. It looks at the increasing complexity and incoherence of the aid architecture that is arising from these trends and examines persistent longstanding challenges at country level, including the need for more capacity development, country ownership, and better quality aid.

In order to be sustainable, a civilization must maintain the balance between 'mind' and 'matter' and between the egocentric 'I' and 'the others'. This book investigates how new institutional arrangements in politics, economy and finance can resolve the current crisis of social values by restoring this delicate balance between opposing forces.

Discussion over the impact of economic aid and development programs in Africa has become much more than an economics debate. In order to produce more effective and humane programs of adjustment for Africa and other developing regions, debate must encompass not only economic impacts but also political, social, and human consequences. This second volume in the Consortium on Human Rights Development's special studies on adjustment programs in Africa combines theory with empirical evidence and economic with political analysis to provide the most comprehensive multi-disciplinary coverage to date on IMF and World Bank adjustment programs in Africa. Building a link between structural adjustment and human rights in Africa, it makes a case for economic and political justice through sustainable development.