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956 result(s) for "Developing countries-Economic conditions"
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The Limits of Institutional Reform in Development
Developing countries commonly adopt reforms to improve their governments yet they usually fail to produce more functional and effective governments. Andrews argues that reforms often fail to make governments better because they are introduced as signals to gain short-term support. These signals introduce unrealistic best practices that do not fit developing country contexts and are not considered relevant by implementing agents. The result is a set of new forms that do not function. However, there are realistic solutions emerging from institutional reforms in some developing countries. Lessons from these experiences suggest that reform limits, although challenging to adopt, can be overcome by focusing change on problem solving through an incremental process that involves multiple agents.
The quest for prosperity
How can developing countries grow their economies? Most answers to this question center on what the rich world should or shouldn't do for the poor world. InThe Quest for Prosperity, Justin Yifu Lin--the first non-Westerner to be chief economist of the World Bank--focuses on what developing nations can do to help themselves. Since the end of the Second World War, prescriptions for economic growth have come and gone. Often motivated more by ideology than practicality, these blueprints have had mixed success on the ground. Drawing lessons from history, economic analysis, and practice, Lin examines how the countries that have succeeded in developing their own economies have actually done it. He shows that economic development is a process of continuous technological innovation, industrial upgrading, and structural change driven by how countries harness their land, labor, capital, and infrastructure. Countries need to identify and facilitate the development of those industries where they have a comparative advantage--where they can produce products most effectively--and use them as a basis for development. At the same time, states need to recognize the power of markets, limiting the role of government to allow firms to flourish and lead the process of technological innovation and industrial upgrading. By following this \"new structural economics\" framework, Lin shows how even the poorest nations can grow at eight percent or more continuously for several decades, significantly reduce poverty, and become middle- or even high-income countries in the span of one or two generations. Interwoven with insights, observations, and stories from Lin's travels as chief economist of the World Bank and his reflections on China's rise, this book provides a road map and hope for those countries engaged in their own quest for prosperity.
Growth against democracy
Growth against Democracy: Savage Developmentalism in the Modern World, by H.L.T. Quan is a compelling interrogation of the ways in which we have thought about modernity, capitalism, and democracy, and how those ideas inform neoliberal economics, diplomacy, and impact human life. To explicate contemporary theories of development, Quan introduces the concept of “savage developmentalism,” with its attendant distortions of the ideals of equality and freedom and assumptions that foment antidemocratic social and political forms. By outlining the pitfalls of security-obsessed developmental approaches, Growth against Democracy troubles the simple notion that modernity is inherently superior and development will benefit everyone. It shows how capitalists' needs for market, finance, and profitability often lead to development programs that engender expansionism, dispossession, and repression. Drawing on political theory, international political economy, critical ethnic studies, legal studies, and feminist analytics, this groundbreaking study exemplifies how multi-disciplinary scholarship best addresses the increasingly complex and multi-layered issues facing humanity today. It analyzes the linkages between development and national security, and provides sustained attention to the making of foreign policy, the development of capitalism and corporate globalization. The book highlights three critical examples of where savage developmentalism has eventuated worse living conditions, severe social repression, and displacement: Brazilian-Japanese economic relations in Brazil under military rule (1964-1985); China’s aggressive courting of African good will and resources; and, the United States’ reconstruction of Iraq. These three major historical cases represent some of the most momentous global development in the last sixty years, and never before have such powerful cases been analyzed in the same monograph. Growth against Democracy helps re-evaluate the promises of progress, security, and freedom, and broadens our ideas about and priorities for humane public policy at the national and global levels.
The Millennium Development Goals and Beyond
The Millennium Development Goals (MDGs) have contributed to reductions in poverty and improvements in the human condition in many parts of the world since their \"invention\" in 2000 and 2001. It nonetheless remains the case that today, as on all the previous days of the twenty-first century, almost one billion people will go hungry. Debates about whether the MDGs have made a positive contribution to poverty eradication and/or whether they have achieved as much as they should have done are becoming more frequent as 2015 and the \"end of the MDGs\" approaches. This book highlights that active debate about what the MDGs have achieved and what that means for the crafting of a post-2015 international framework for action, must become a priority. The work begins by examining the global context of the goals from a variety of perspectives, and moves on to focus on the region that continues to be the most impoverished and which looks likely to fall short of meeting many of the MDGs: Africa. Presenting both a broad overview of the issues and drawing together prestigious scholars and practitioners from a variety of fields, this work provides a significant contribution to debates surrounding both global poverty and the success and future of the MDGs.
Backpacker Tourism and Economic Development
There has been a phenomenal growth of backpacker tourism from the overland routes to India in the 1960s, to present-day backpacker tourism across the less developed world. As a result there has been significant economic development impacts of backpacker tourism upon local communities especially in areas with the largest concentrations of backpackers (South and South-East Asia particularly Thailand, Indonesia, Malaysia and India), as well as increasingly in Latin America. This volume provides a focused review of the economic development impacts of backpacker tourism in developing regions furthering knowledge on how backpacker tourism can play a crucial role in development strategies in these areas. First, it reviews the origins of the backpackers with a detailed examination of their \"hippy\" predecessors on the overland trail, before discussing the emergence of modern backpackers including social and cultural aspects, and how new technologies are changing their experience. It then analyses the powerful economic development impacts of backpackers on local host communities in cities and rural areas with a special focus on coastal destinations. Extensive case study material is used from backpacker destinations across Asia, Latin America and Africa. In doing so the book provides original insights into how backpacker tourism is highly significant for poverty alleviation and effective local development since it has strong linkages to the local economy, and less economic leakage than conventional tourism. Written by a leading academic in this area, this volume will be of interest to students of Tourism and Development Studies.
The Global Economic Crisis and the Developing World
The world economy is currently in the throes of a global economic crisis reminiscent of the great depressions of the 1930s and the 1870s. As back then, the crisis has exposed the major structural imbalances in financial and credit markets in addition to global trade forcing many governments, developed and developing, to impose debilitating austerity measures that are exacerbating the structural weaknesses that caused the crisis in the first place. This volume offers historical insights into the origins of the contemporary crisis as well as detailed analyses of the financial and trade dimensions, an assessment of the technological and innovation context along with perspectives on the implications for unemployment and gender imbalances.
Foreign Direct Investment, Democracy and Development
The effects of globalization on economy and society are highly contested subjects in academic and political arenas. This study brings an empirical perspective to the crucially important arguments that encapsulate the major debates in this area. Using quantitative data, this book addresses the shape and degree of internationalisation by focussing on the impact of Foreign Direct Investment (FDI) and democracy on economic development and the effects of economic internationalisation on democracy. The author examines democracy's effects on economic growth and considers the claim that foreign capital has a detrimental effect on democracy to show that FDI in fact plays a supporting role for democracy and creates higher growth rates than domestic capital. From these results the author suggests that policy makers should seek to encourage globalization by ensuring open access to products from poorer countries, encouraging private investment within poorer countries and that such countries should concentrate on building up human and institutional capital to attract investment. Chapter 1 The Contours of Globalization Chapter 2 Globalization and Development: Theory Old and New Chapter 3 Globalization and Growth Empirics Chapter 4 Democracy and Growth: Theory Old and New Chapter 5 Empirics of Democracy and Growth and Growth of Democracy Chapter 6 Assessing Globalization's Correlates and Concomitants Indra de Soysa is Senior Research Fellow at the Center for Development Research, University of Bonn, Germany and leads a research group on 'Democracy, Rule of Law and Governance'. He has recently published articles in the Journal of Conflict Resolution, American Sociological Review , the Journal of Peace Research , and Global Environmental Politics and a number of book chapters in edited volumes. His research primarily centres on such issues as democratisation, political economy of violence and the effects of globalization on the economy and society.