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Studies in Development Strategy and Systemic Transformation
examines many of the leading issues in economic development. In
Part I, Professor Griffin analyses strategic visions: the role of
culture in long-term economic growth; globalization and its
implications for the territorial state and global governance; the
human development strategy; and the effects of the distribution of
productive assets on the pace of development. Part II is concerned
with systemic transformation and macroeconomic reform. Alternative
reform strategies are analysed for countries trying to effect a
transition from centrally-planned to market-oriented economies.
Shock therapy is severely criticized. An alternative approach to
macroeconomic reform also is presented for sub-Saharan Africa, in
which emphasis is placed on an investment-led strategy of
structural development. A separate chapter is devoted to how an
investment-led strategy could be financed with domestic resources
alone. Part III contains three case studies of low-income
transition economies, two of which are examples of success (Vietnam
and China) and one an example of failure (Kazakhstan).
This volume contains an analysis of the economic problems
encountered in Mongolia during the transition from a centrally
planned to a market economy, when poverty increased dramatically,
unemployment rose sharply, health and education indicators
derteriorated and the economic and social position of women
declined. Yet there is considerable potential in Mongolia for a
broadly based acceleration of output, particularly if priority is
given to the nomadic livestock sector and to grass-roots
development at the provincial level. This book contains policy
suggestions intended to promote growth and employment and to reduce
poverty.
Vietnam, along with China, stands out as a rare success story among transition economies. This authoritative study of the reform process since 1989 pays particular attention to the way the macroeconomics framework can contribute to an environment that encourages human development and helps to reduce poverty. Thus there are chapters on macroeconomics reforms, international trade policies, the role of the state, rural development, education and health, environmental issues and poverty and gender inequality. Although areas of weakness are indicated, emphasis is placed on the success Vietnam has experienced compared to other transition economies. The lessons of both the successes and failures of the reform process for policymakers elsewhere are outlined.
The present decade has brought a sharp deterioration in living
conditions in many developing countries, especially in Africa and
Latin America. Incomes per capita have declined and social
expenditure has been cut, with setbacks in nutrition, school
enrolment and health services as a result. The burden of economic
adjustment tends to fall most heavily on the poor and on vulnerable
groups, such as children. This is not only a tragedy in itself but
also a waste of human resources and it has led to renewed attention
to the role of human resources in the process of development.;This
is, of course, not a new issue. It has long been understood that
the realization of the full potential of human beings is both a
means and an end in itself and that the reduction of poverty should
be a primary aim of development. But all too often development
tends to bypass the poor unless steps are taken to ensure that they
share its benefits; and in times of austerity their position tends
to worsen further. Hence, the present search for ways to alleviate
poverty, combat hunger and uphold educational and health standards,
even in times of economic distress.; This book, containing studies
commissioned by the
This book contains an analysis of the economic problems encountered
in Mongolia during the transition from a centrally planned to a
market economy, when poverty increased dramatically, unemployment
rose sharply, health and education indicators deteriorated, and the
economic and social position of women declined. Yet there is
considerable potential in Mongolia for a broadly based acceleration
of output, particularly if priority is given to the nomadic
livestock sector and to grass-roots development at the provincial
level. The book contains many policy suggestions intended to
promote growth and employment and to reduce poverty.
'Readers will find in these pages a very lucid, creative, and
highly readable version of many of the ideas that have taken shape
through the medium of the Human Development Reports during the last
four years. Busy policy makers all over the world will find this an
indispensable primer.' - Mahbub ul Haq, from the preface. This book
introduces the basic concepts of human development and presents
policy guidelines for implementing a human development strategy in
developing countries. Human development is seen both as an end in
itself and as a means to increase the capabilities of people. The
role of the state, the market and of people's participation in such
a strategy are described. Specific chapters discuss the structure
of incentives, allocation of public sector resources, structural
reforms, the relationship of human development to environmental
issues and finance and administration.
Based on original data obtained from a purpose-designed nationwide
household sample survey, the volume contains studies of the overall
distribution of income, inequality and poverty in rural areas, wage
employment in rural industries, urban wage inequalities, and the
relationship between education and income. An appendix describes
the household sample survey.
This study looks at the economic changes accompanying the 1974
social revolution in Ethiopia. It analyses the attempt to introduce
a socialist pattern of development and underlines the weaknesses in
development strategy. Chapters on land reform and agricultural
development are included.
The present decade has brought a sharp deterioration in living
conditions in many developing countries, especially in Africa and
Latin America. Incomes per capita have declined and social
expenditure has been cut, with setbacks in nutrition, school
enrolment and health services as a result. The burden of economic
adjustment tends to fall most heavily on the poor and on vulnerable
groups, such as children. This is not only a tragedy in itself but
also a waste of human resources and it has led to renewed attention
to the role of human resources in the process of development. This
is, of course, not a new issue. It has long been understood that
the realization of the full potential of human beings is both a
means and an end in itself and that the reduction of poverty should
be a primary aim of development. But all too often development
tends to bypass the poor unless steps are taken to ensure that they
share its benefits; and in times of austerity their position tends
to worsen further. Hence, the present search for ways to alleviate
poverty, combat hunger and uphold educational and health standards,
even in times of economic distress. This book, containing studies
commissioned by the
Alternative strategies for economic development create great controversy and intense debate among practitioners and academics concerned with economic and social progress in the third world. The core of this book analyzes the six most widely adopted strategies of development, namely monetarism, the open economy, industrialization, the green revolution or agriculture-led development, redistributive strategies of development and socialist strategies. The strengths and weaknesses of each strategy are assessed and then compared. This book contains a blend of economic theory, statistical evidence and numerous country case studies. This second edition contains a new introduction in which the human development strategy, the transition strategies followed in the ex-socialist countries, and globalization and its effects on development are all discussed.
The question of alternative strategies for economic development is
the subject of great controversy and intense debate amongst
practitioners and academics concerned with economic and social
progress in the Third World. The core of this work is an analysis
of the six most widely adopted strategies of development, namely
monetarism, the open economy, industrialization, the green
revolution or agriculture-led development, redistributive
strategies of development and socialist strategies.
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