Equality, the Third World, and Economic Delusion

Equality, the Third World, and Economic Delusion PDF Author: Péter Tamás Bauer
Publisher: Harvard University Press
ISBN: 9780674259867
Category : Business & Economics
Languages : en
Pages : 310

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Book Description
Even in impoverished countries lacking material and human resources, P. T. Bauer argues, economic growth is possible under the right conditions. These include a certain amount of thrift and enterprise among the people, social mores and traditions which sustain them, and a firm but limited government which permits market forces to work. Challenging many views about development that are widely held, Bauer takes on squarely the notion that egalitarianism is an appropriate goal. He goes on to argue that the population explosion of less-developed countries has on the whole been a voluntary phenomenon and that each new generation has lived better than its forebears. He also critically examines the notion that the policies and practices of Western nations have been responsible for third world poverty. In a major chapter, he reviews the rationalizations for foreign aid and finds them weak; while in another he shows that powerful political clienteles have developed in the Western nations supporting the foreign aid process and probably benefiting more from it than the alleged recipients. Another chapter explores the link between the issue of Special Drawing Rights by the International Monetary Fund on the one hand and the aid process on the other. Throughout the book, Bauer carefully examines the evidence and the light it throws on the propositions of development. Although the results of his analysis contradict the conventional wisdom of development economics, anyone who is seriously concerned with the subject must take them into account.

Equality, the Third World, and Economic Delusion

Equality, the Third World, and Economic Delusion PDF Author: Péter Tamás Bauer
Publisher: Harvard University Press
ISBN: 9780674259867
Category : Business & Economics
Languages : en
Pages : 310

Get Book Here

Book Description
Even in impoverished countries lacking material and human resources, P. T. Bauer argues, economic growth is possible under the right conditions. These include a certain amount of thrift and enterprise among the people, social mores and traditions which sustain them, and a firm but limited government which permits market forces to work. Challenging many views about development that are widely held, Bauer takes on squarely the notion that egalitarianism is an appropriate goal. He goes on to argue that the population explosion of less-developed countries has on the whole been a voluntary phenomenon and that each new generation has lived better than its forebears. He also critically examines the notion that the policies and practices of Western nations have been responsible for third world poverty. In a major chapter, he reviews the rationalizations for foreign aid and finds them weak; while in another he shows that powerful political clienteles have developed in the Western nations supporting the foreign aid process and probably benefiting more from it than the alleged recipients. Another chapter explores the link between the issue of Special Drawing Rights by the International Monetary Fund on the one hand and the aid process on the other. Throughout the book, Bauer carefully examines the evidence and the light it throws on the propositions of development. Although the results of his analysis contradict the conventional wisdom of development economics, anyone who is seriously concerned with the subject must take them into account.

Economic Development in the Third World

Economic Development in the Third World PDF Author: Michael P. Todaro
Publisher: Longman Publishing Group
ISBN:
Category : Business & Economics
Languages : en
Pages : 744

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Book Description
"This best-selling text offers a unique policy-oriented approach that uses models and concepts to illustrate real-world development problems. Retaining its hallmark accessibility throughout, the Eighth Edition uses the most current data, offering full coverage of recent advances in the field, and featuring a balanced presentation of opposing viewpoints on today's major policy debates. Economic Development includes extensive country-specific examples, with particular attention given to economic dislocations throughout Asia, Russia, and Brazil. Updated Country Case Studies and Comparative Case Studies allow students to apply concepts to specific developing nations."

Turnaround

Turnaround PDF Author: Peter Blair Henry
Publisher: Basic Books
ISBN: 0465031919
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
Thirty years ago, China seemed hopelessly mired in poverty, Mexico triggered the Third World Debt Crisis, and Brazil suffered under hyperinflation. Since then, these and other developing countries have turned themselves around, while First World nations, battered by crises, depend more than ever on sustained growth in emerging markets. In Turnaround, economist Peter Blair Henry argues that the secret to emerging countries' success (and ours) is discipline -- sustained commitment to a pragmatic growth strategy. With the global economy teetering on the brink, the stakes are higher than ever. And because stakes are so high for all nations, we need less polarization and more focus on facts to answer the fundamental question: which policy reforms, implemented under what circumstances, actually increase economic efficiency? Pushing past the tired debates, Henry shows that the stock market's forecasts of policy impact provide an important complement to traditional measures. Through examples ranging from the drastic income disparity between Barbados and his native Jamaica to the "catch up" economics of China and the taming of inflation in Latin America, Henry shows that in much of the emerging world the policy pendulum now swings toward prudence and self-control. With similar discipline and a dash of humility, he concludes, the First World may yet recover and create long-term prosperity for all its citizens. Bold, rational, and forward-looking, Turnaround offers vital lessons for developed and developing nations in search of stability and growth.

Economic Growth and Demographic Transition in Third World Nations

Economic Growth and Demographic Transition in Third World Nations PDF Author: Şefika Şule Erçetin
Publisher: CRC Press
ISBN: 0429783361
Category : Business & Economics
Languages : en
Pages : 560

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Book Description
This volume presents a new perspective on demographic transition, economic growth, and national development via exploration of the Third World economies. It provides a multidimensional approach to the close relationship between the concept of the chaos and complexity theory and provides a deliberate glance into the plight of policy formulation for demographic transition, economic growth, and development of Third World countries. The volume discusses the efficiency of good strategies and practices and their impact on business growth and economic growth, depending on the depth and diversity of infrastructure sector in particular and overall socioeconomic development in general. Economic Growth and Demographic Transition in Third World Nations: A Chaos and Complexity Theory Perspective covers a conglomeration of various aspects and issues related to the effect of demographic transition on socio-economic development in Third World countries, especially in the post-globalized era. It focuses on the applicability of the chaos and complexity theory in order to elicit transformational policies and aims to discuss and predict future projections of the new world of the economic growth policies.

Westernizing the Third World

Westernizing the Third World PDF Author: Ozay Mehmet
Publisher: Routledge
ISBN: 1134626460
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
The second edition of this successful and popular text has been updated and revised to include recent issues in development economics. Significant new additions include: * Asian values and development * democracy, human rights and good governance * globalization and development * boxed summaries of key arguments and glossary. Westernizing the Third World identifies the mainstream economic theories which have been employed in developing countries. The author examines these and explains why Eurocentric concepts are not suitable for the developing world.

Development and Democratization in the Third World

Development and Democratization in the Third World PDF Author: Kenneth España Bauzon
Publisher: Taylor & Francis
ISBN: 9780844817231
Category : Business & Economics
Languages : en
Pages : 368

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Book Description
Examines the prospects for democratization in the developing world. The book draws upon ideas of widespread socioeconomic well-being, human rights, the distribution of resources and population, and the environment.

The Economic Development of the Third World Since 1900

The Economic Development of the Third World Since 1900 PDF Author: Paul Bairoch
Publisher: Univ of California Press
ISBN: 9780520035546
Category : Business & Economics
Languages : en
Pages : 276

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Book Description
First published in 1967, Professor Bairoch's Diagnostic de L'Evolution Economique du Tiers-Monde has gone into four editions, and has brought the author an international reputation. This English translation is, in effect, another edition based on the latest French text but incorporating much which is not to be found there. The statistical tables have been revised and expanded wherever possible to include figures up to the end of 1972; the bibliography has been specially adapted to include the literature on the subject in the English language; and two new chapters have been written: Chapter 8 on 'Urbanization' and Chapter 9 on 'The labour force and employment'. It has been Professor Bairoch's aim in this book to examine the development of under-developed countries (including China) during the present century and through the use of comparative statistics to formulate a diagnosis of their growth. His analysis includes, whenever relevant, a comparison between the present economic progress of Third World countries and that of the developed countries at the time of their 'take off'. Special attention has also been given to China's unique path of development.In the course of his research the author has elaborated several new series. The production of these new series and their integration with existing data make this book a valuable quantitative economic history of the Third World.

Escape from Empire

Escape from Empire PDF Author: Alice H. Amsden
Publisher: MIT Press
ISBN: 0262261499
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
A provocative view of economic growth in the Third World argues that the countries that have achieved steady economic growth—including future economic superpowers India and China—have done so because they have resisted the American ideology of free markets. The American government has been both miracle worker and villain in the developing world. From the end of World War II until the 1980s poor countries, including many in Africa and the Middle East, enjoyed a modicum of economic growth. New industries mushroomed and skilled jobs multiplied, thanks in part to flexible American policies that showed an awareness of the diversity of Third World countries and an appreciation for their long-standing knowledge about how their own economies worked. Then during the Reagan era, American policy changed. The definition of laissez-faire shifted from "Do it your way," to an imperial "Do it our way." Growth in the developing world slowed, income inequalities skyrocketed, and financial crises raged. Only East Asian economies resisted the strict prescriptions of Washington and continued to boom. Why? In Escape from Empire, Alice Amsden argues provocatively that the more freedom a developing country has to determine its own policies, the faster its economy will grow. America's recent inflexibility—as it has single-mindedly imposed the same rules, laws, and institutions on all developing economies under its influence—has been the backdrop to the rise of two new giants, China and India, who have built economic power in their own way. Amsden describes the two eras in America's relationship with the developing world as "Heaven" and "Hell"—a beneficent and politically savvy empire followed by a dictatorial, ideology-driven one. What will the next American empire learn from the failure of the last? Amsden argues convincingly that the world—and the United States—will be infinitely better off if new centers of power are met with sensible policies rather than hard-knuckled ideologies. But, she asks, can it be done?

The Third World

The Third World PDF Author: Alan B. Mountjoy
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 188

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Book Description


The Third World in Global Development

The Third World in Global Development PDF Author: Ankie M. M. Hoogvelt
Publisher: London : Macmillan
ISBN:
Category : Developing countries
Languages : en
Pages : 282

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Book Description