Author: Jorge Saba Arbache
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 29
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Book Description
Low and highly volatile growth define Africa's growth experience. But there is no evidence that growth volatility is associated to long term economic performance. This result may be misleading if it suggests that volatility is not important for economic and social progress. In this paper we use a variant of the method developed by Hausmann, Pritchett, and Rodrik (2005) to identify both growth acceleration and deceleration episodes in Africa between 1975 and 2005. The authors find that Africa has had numerous growth acceleration episodes in the last 30 years, but also nearly a comparable number of growth collapses, offsetting most of the benefits of growth. Had Africa avoided its growth collapses, it would have grown 1.7 percent a year instead of 0.7 percent, and its GDP per capita would have been more than 30 percent higher in 2005. The authors also find that growth accelerations and decelerations have an asymmetric impact on human development outcomes. Finally, our results suggest that it is easier to identify the likely institutional and policy origins of growth decelerations than of growth accelerations.
Author: Jorge Saba Arbache
Publisher:
ISBN:
Category :
Languages : en
Pages : 29
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Book Description
Low and highly volatile growth define Africa's growth experience. But there is no evidence that growth volatility is associated to long term economic performance. This result may be misleading if it suggests that volatility is not important for economic and social progress. In this paper we use a variant of the method developed by Hausmann, Pritchett, and Rodrik (2005) to identify both growth acceleration and deceleration episodes in Africa between 1975 and 2005. The authors find that Africa has had numerous growth acceleration episodes in the last 30 years, but also nearly a comparable number of growth collapses, offsetting most of the benefits of growth. Had Africa avoided its growth collapses, it would have grown 1.7 percent a year instead of 0.7 percent, and its GDP per capita would have been more than 30 percent higher in 2005. The authors also find that growth accelerations and decelerations have an asymmetric impact on human development outcomes. Finally, our results suggest that it is easier to identify the likely institutional and policy origins of growth decelerations than of growth accelerations.
Author: World Bank
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 324
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Book Description
3. Investing in people.
Author: Targowski, Andrew
Publisher: IGI Global
ISBN: 160960170X
Category : Psychology
Languages : en
Pages : 260
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Book Description
Since wisdom is the ultimate human virtue, its application is important for humans and civilization. Cognitive Informatics and Wisdom Development: Interdisciplinary Approaches argues that wise civilization cannot function without wise people and vice versa, that wise people cannot function without positive conditions for the development of wise civilization. Using the cognitive informatics approach as a basis for the investigation of wisdom, this book offers solutions on how to study and evaluate the state of wisdom in 21st century society and the requirements for wise civilization and its monitoring systems.
Author: Paul Shaffer
Publisher: Oxford University Press
ISBN: 0192568345
Category : Business & Economics
Languages : en
Pages : 304
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Book Description
Immiserizing growth occurs when growth fails to benefit, or harms, those at the bottom. It is not a new concept, appearing in some of the towering figures of the classical tradition of political economy including Malthus, Ricardo, and Marx. It is also not empirically insignificant, occurring in between 10% and 35% of cases. In spite of this, it has not received its due attention in the academic literature, dominated by the prevailing narrative that 'growth is good for the poor'. Immiserizing Growth: When Growth Fails the Poor challenges this view to arrive at a better understanding of when, why, and how growth fails the poor. Taking a diverse disciplinary perspective, Immiserizing Growth combines discussion of mechanisms of this troubling economic phenomenon with empirical data on trends in growth, poverty, and related welfare indicators. It draws on political economy, applied social anthropology, and development studies, including contributions from experts in these fields. A number of methodological approaches are represented including statistical analysis of household survey and cross-country data, detailed ethnographic work and case study analysis drawing on secondary data. Geographical coverage is wide including Bolivia, the Dominican Republic, Ecuador, India, Indonesia, Mexico, Nigeria, the People's Republic of China, Singapore, and South Korea, in addition to cross-country analysis. This volume is the first full-length treatment of immiserizing growth, and constitutes an important step in redirecting attention to this major challenge.
Author: World Bank
Publisher: World Bank Publications
ISBN: 082137284X
Category : Africa
Languages : en
Pages : 180
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Book Description
The world's demand for food is expected to double within the next 50 years, while the natural resources that sustain agriculture will become increasingly scarce, degraded, and vulnerable to the effects of climate change. In many poor countries, agriculture accounts for at least 40 percent of GDP and 80 percent of employment. At the same time, about 70 percent of the world's poor live in rural areas and most depend on agriculture for their livelihoods. World Development Report 2008 seeks to assess where, when, and how agriculture can be an effective instrument for economic development, especially development that favors the poor. It examines several broad questions: How has agriculture changed in developing countries in the past 20 years? What are the important new challenges and opportunities for agriculture? Which new sources of agricultural growth can be captured cost effectively in particular in poor countries with large agricultural sectors as in Africa? How can agricultural growth be made more effective for poverty reduction? How can governments facilitate the transition of large populations out of agriculture, without simply transferring the burden of rural poverty to urban areas? How can the natural resource endowment for agriculture be protected? How can agriculture's negative environmental effects be contained? This year's report marks the 30th year the World Bank has been publishing the World Development Report.
Author: Delfin Sia Go
Publisher: World Bank Publications
ISBN: 0821372785
Category : Business & Economics
Languages : en
Pages : 602
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Book Description
Since the mid-1990s, sub-Saharan Africa has experienced an acceleration of economic growth that has produced rising incomes and faster human development. However, this growth contrasts with the continent's experience between 1975 and 1995, when it largely missed out on two decades of economic progress. This disparity between Africa's current experience and its history raises questions about the continent's development. Is there a turnaround in Africa s economy? Will growth persist? 'Africa at a Turning Point?' is a collection of essays that analyzes three interrelated aspects of Africa's recent revival. The first set of essays examines Africa's recent growth in the context of its history of growth accelerations and collapses. It seeks to answer such questions as, is Africa at a turning point? Are the economic fundamentals finally pointing toward more sustainable growth? The second set of essays looks at donor flows, which play a large role in Africa's growth. These essays focus on such issues as the management and delivery of increased aid, and the history and volatility of donor flows to Africa. The third set of essays considers the recent impact of one persistent threat to sustained growth in Africa: commodity price shocks, particularly those resulting from fluctuations in oil prices.
Author: Shahrukh Rafi Khan
Publisher: Routledge
ISBN: 1136919252
Category : Business & Economics
Languages : en
Pages : 305
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Book Description
Although neo-liberalism has been critiqued from various perspectives, these critiques have not coalesced into a concrete alternative in development economics literature. The main objective of this book is to name and formulate this alternative, identify what is new about this viewpoint, and project it on to the academic landscape.
Author: Punam Chuhan-Pole
Publisher: World Bank Publications
ISBN: 0821387456
Category : Business & Economics
Languages : en
Pages : 497
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Book Description
Takes an in-depth look at twenty-six economic and social development successes in Sub-Saharan African countries, and addresses how these countries have overcome major developmental challenges.
Author: Edmund Amann
Publisher: Oxford University Press
ISBN: 0190600004
Category : Business & Economics
Languages : en
Pages : 849
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Book Description
Brazil is a globally vital but troubled economy. This volume offers comprehensive insight into Brazil's economic development, focusing on its most salient characteristics and analyzing its structural features across various dimensions. This innovative Oxford Handbook provides an understanding of the economy's evolution over time and highlights the implications of the past trajectory and decisions for current challenges and opportunities. The opening section covers the country's economic history, beginning with the colonial economy, through import-substitution, to the era of neoliberalism. Second, it analyses Brazil's broader place in the global economy, and considers the ways in which this role has changed, and is likely to change, over coming years. Particular attention is given to the productive sectors of Brazil's economy, for example manufacturing, agriculture, services, energy, and infrastructure. In addition to discussions of regional differences within Brazil, socio-economic dimensions are examined. These include income distribution, human capital, environmental issues, and health. Also included is a discussion of Brazil in the world economy, such as the increase in "South-South" cooperation and trade as well as foreign direct investment. Last but not least is a discussion of the role of the Brazilian state in the economy, whether through state enterprises, competition policy, or corruption.
