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4,042 result(s) for "Structural adjustment (Economic policy)"
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Why Australia prospered
This book is the first comprehensive account of how Australia attained the world's highest living standards within a few decades of European settlement, and how the nation has sustained an enviable level of income to the present. Beginning with the Aboriginal economy at the end of the eighteenth century, Ian McLean argues that Australia's remarkable prosperity across nearly two centuries was reached and maintained by several shifting factors. These included imperial policies, favorable demographic characteristics, natural resource abundance, institutional adaptability and innovation, and growth-enhancing policy responses to major economic shocks, such as war, depression, and resource discoveries. Natural resource abundance in Australia played a prominent role in some periods and faded during others, but overall, and contrary to the conventional view of economists, it was a blessing rather than a curse. McLean shows that Australia's location was not a hindrance when the international economy was centered in the North Atlantic, and became a positive influence following Asia's modernization. Participation in the world trading system, when it flourished, brought significant benefits, and during the interwar period when it did not, Australia's protection of domestic manufacturing did not significantly stall growth. McLean also considers how the country's notorious origins as a convict settlement positively influenced early productivity levels, and how British imperial policies enhanced prosperity during the colonial period. He looks at Australia's recent resource-based prosperity in historical perspective, and reveals striking elements of continuity that have underpinned the evolution of the country's economy since the nineteenth century.
Business, politics, and the state in Africa
Africa's economies appear to have turned a corner. Commentators are beginning to ask whether a new generation of 'lions' is emerging to challenge the East Asian 'tigers'. This book examines the conditions necessary not just for growth in Africa but for a wider business and economic transformation. Drawing on studies of Rwanda, Ethiopia, Tanzania and Ghana, it argues, controversially, that neo-patrimonial governance need not be an obstacle to improved economic conditions
The Run of the Red Queen
Few observers are unimpressed by the economic ambition of China or by the nation's remarkable rate of growth. But what does the future hold? This meticulously researched book closely examines the strengths and weaknesses of the Chinese economic system to discover where the nation may be headed and what the Chinese experience reveals about emerging market economies. The authors find that contrary to popular belief, cutting edge innovation is not a prerequisite for sustained economic vitality-and that China is a perfect case in point.
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.
Gender, the State, and Social Reproduction
Policies implemented in the mid to late 1990s in Ontario by Mike Harris’s Conservative government have had undeniable repercussions for the population of that province. Kate Bezanson’s Gender, the State, and Social Reproduction is the first study to consider the implications of those policies for gender relations – that is, how women and men, families, and households coped with these changes, and how division of labour and standards of living were affected. Bezanson also considers implications of neo-liberalism more generally, for the lives of people living under such regimes. Beginning with an outline of the restructuring experiment which took place under the Conservative government between 1995 and 2000, Bezanson shows how this process dramatically altered the scope of the welfare state, labour market protections and conditions, and the capacity for people to manage and plan their own lives. She combines this detailed investigation of the changes introduced by Harris with data collected in in-depth interviews of selected Ontario households, in order to examine how neo-liberalism affects daily lives, particularly of low income people, and especially of women. Ultimately, Bezanson finds that the neo-liberal restructuring of Ontario in the 1990s consolidated a gender regime that was highly unsustainable for poor households, many of which were lead by women. A controversial and illuminating study, Gender, the State, and Social Reproduction crosses the disciplines of politics, history, gender studies, and sociology.
Innovation and the State
The 1990s brought surprising industrial development in emerging economies around the globe: firms in countries not previously known for their high-technology industries moved to the forefront in new Information Technologies (IT) by using different business models and carving out unique positions in the global IT production networks. In this book Dan Breznitz asks why economies of different countries develop in different ways, and his answer relies on his exhaustive research into the comparative experiences of Israel, Taiwan, and Ireland-states that made different choices to nurture the growth of their IT industries. The role of the state in economic development has changed, Breznitz concludes, but it has by no means disappeared. He offers a new way of thinking about state-led rapid-innovation-based industrial development that takes into account the ways production and innovation are now conducted globally. And he offers specific guidelines to help states make advantageous decisions about research and development, relationships with foreign firms and investors, and other critical issues.