The Challenge of Economic Development

The Challenge of Economic Development PDF Author: Norman L. Hicks
Publisher: Author House
ISBN: 1456766317
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
This book provides a general overview of the challenges of economic development for the five billion people living in developing countries. While they constitute over 80 percent of the world's population, they account for only 40% of the world's output, and are home to 2.6 billion people living on less than $2.00 per day. Thinking on economic development has shifted over time. Early theories that stressed capital formation and a heavy reliance on the public sector proved inadequate. Gradually, economists began to see that development was a complex, multifaceted problem that combined economic issues with problems of poverty and income distribution, insititution building and governance. While there have been many failures, there have also been many successes. Countries such as China, Chile, Ghana, and Korea demonstrate that good policies and strong institutions can result in remarkable progress. However, many poor countries, particularly those in Africa continue to lag behind. Closing this gap remains a major challenge for the world, particularly as the growing population and output of developing countries accelerate tensions in such areas as trade, immigration and financial flows.

The Challenge of Economic Development

The Challenge of Economic Development PDF Author: Norman L. Hicks
Publisher: Author House
ISBN: 1456766317
Category : Business & Economics
Languages : en
Pages : 274

Get Book Here

Book Description
This book provides a general overview of the challenges of economic development for the five billion people living in developing countries. While they constitute over 80 percent of the world's population, they account for only 40% of the world's output, and are home to 2.6 billion people living on less than $2.00 per day. Thinking on economic development has shifted over time. Early theories that stressed capital formation and a heavy reliance on the public sector proved inadequate. Gradually, economists began to see that development was a complex, multifaceted problem that combined economic issues with problems of poverty and income distribution, insititution building and governance. While there have been many failures, there have also been many successes. Countries such as China, Chile, Ghana, and Korea demonstrate that good policies and strong institutions can result in remarkable progress. However, many poor countries, particularly those in Africa continue to lag behind. Closing this gap remains a major challenge for the world, particularly as the growing population and output of developing countries accelerate tensions in such areas as trade, immigration and financial flows.

Challenges Of Economic Development In The Middle East And North Africa Region

Challenges Of Economic Development In The Middle East And North Africa Region PDF Author: Julia C Devlin
Publisher: World Scientific
ISBN: 9814471658
Category : Business & Economics
Languages : en
Pages : 566

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Book Description
This book surveys major economic issues in the development of countries in the Middle East and North Africa (MENA) region since World War II. It presents a framework of analysis highlighting underlying continuities in the region's approach to issues of growth, management of oil and natural resources, post-conflict environments, progress in trade liberalization and regional integration, the use of industrial policy, labor market adjustment and unemployment, educational attainment and poverty incidence. At the same time, this book focuses on emerging differences across countries in the region in the prevailing approach to addressing such challenges most notably between the economies of the Gulf Cooperation Council and other MENA countries.This book also incorporates a discussion of tools and methods used by development practitioners and briefly examines issues of aid effectiveness. The approach used is intended to appeal to a wide audience including students of economic development, political scientists and development practitioners.

Transportation and Economic Development Challenges

Transportation and Economic Development Challenges PDF Author: Kenneth Button
Publisher: Edward Elgar Publishing
ISBN: 085793063X
Category : Transportation
Languages : en
Pages : 223

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Book Description
Recent years have seen considerable changes in the technology of transportation with the development of high-speed rail networks, more fuelefficient automobiles and aircraft, and the widespread adoption of informatics in disciplines such as traffic management and supply chain logistics. The contributions to this volume assess transportation interactions with employment and income, examine some of the policies that have been deployed to maximize the economic and social impacts of transportation provision at the local and regional levels and analyze how advances in transportation technologies have, and will, impact future development. Due in part to the general liberalization of markets, there have been major changes in the institutional environment in which transportation is supplied; these changes inevitably affect wider economic systems and development, although in turn these changes feed back upon transportation networks. The contributors to this work develop these and other themes, from a variety of perspectives, implementing a wide range of academic approaches into their analyses. Stemming from initiatives of the Network on European Communications and Transport Activities Research (NECTAR), Transportation and Economic Development Challenges presents a body of research that exemplifies the organization's objective of fostering research collaboration around the world.

Economic Growth with Equity

Economic Growth with Equity PDF Author: José Luis Machinea
Publisher: Springer
ISBN: 0230800912
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
This book analyses the development challenge faced by Latin America at a time at which the concerns for the large inequality in the region are at a peak. This volume focuses on growth-with-equity, and is written by an outstanding group of Latin American and international researchers and policy-makers.

The Long Shadow of Informality

The Long Shadow of Informality PDF Author: Franziska Ohnsorge
Publisher: World Bank Publications
ISBN: 1464817545
Category : Business & Economics
Languages : en
Pages : 397

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Book Description
A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.

The Challenge of African Economic Recovery and Development

The Challenge of African Economic Recovery and Development PDF Author: Adebayo Adedeji
Publisher: Routledge
ISBN: 1135185018
Category : Business & Economics
Languages : en
Pages : 832

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Book Description
A special session of the UN General Assembly was held in Abuja, the new Nigerian capital in May 1988. This volume reproduces the major papers, lines of discussion and conclusions of the conference.

Understanding Development Economics

Understanding Development Economics PDF Author: Adam Fforde
Publisher: Routledge
ISBN: 1134711433
Category : Business & Economics
Languages : en
Pages : 436

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Book Description
Important parts of development practice, especially in key institutions such as the World Bank, are dominated by economists. In contrast, Development Studies is largely based upon multidisciplinary work in which anthropologists, human geographers, sociologists, and others play important roles. Hence, a tension has arisen between the claims made by Development Economics to be a scientific, measurable discipline prone to wide usage of mathematical modelling, and the more discursive, practice based approach favoured by Development Studies. The aim of this book is to show how the two disciplines have interacted, as well as how they differ. This is crucial in forming an understanding of development work, and to thinking about why policy recommendations can often lead to severe and continuing problems in developing countries. This book introduces Development Economics to those coming from two different but linked perspectives; economists and students of development who are not economists. In both explaining and critiquing Development Economics, the book is able to suggest the implications of these findings for Development Studies, and more broadly, for development policy and its outcomes.

Urbanization and Socio-Economic Development in Africa

Urbanization and Socio-Economic Development in Africa PDF Author: Steve Kayizzi-Mugerwa
Publisher: Routledge
ISBN: 1317701224
Category : Social Science
Languages : en
Pages : 222

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Book Description
The main goal of this book is to put urbanization and its challenges squarely on Africa’s development agenda. Planned urbanization can improve living conditions for the majority, help in the expansion of the middle class, and create conditions for economic transformation. However, many African cities have developed haphazardly, resulting in the decline of public services, in slum proliferation, and increases in poverty. African cities thrive on activities characterized by easy entry and low productivity, generally referred to as the "informal sector". Indeed, today some urban dwellers are poorer than their cousins in the countryside. In spite of reform attempts, many governments have not been able to create an enabling environment, with adequate infrastructure and institutions to sustain markets for easy exchange and production. This study argues that with careful policies and planning, the situation can be changed. If the recent natural resource-led economic boom that we have seen in many African countries is used for structural reforms and urban renewal, African cities could become centers of economic opportunity. The challenge for African policymakers is to ensure that urban development is orderly and that the process is inclusive and emphasizes the protection of the environment, hence green growth.

The Challenge of Economic Development

The Challenge of Economic Development PDF Author: Norman L. Hicks
Publisher: AuthorHouse
ISBN: 1456766325
Category : Developing countries
Languages : en
Pages : 274

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Book Description
This book provides a general overview of the challenges of economic development for the five billion people living in developing countries. While they constitute over 80 percent of the world's population, they account for only 40% of the world's output, and are home to 2.6 billion people living on less than $2.00 per day. Thinking on economic development has shifted over time. Early theories that stressed capital formation and a heavy reliance on the public sector proved inadequate. Gradually, economists began to see that development was a complex, multifaceted problem that combined economic issues with problems of poverty and income distribution, insititution building and governance. While there have been many failures, there have also been many successes. Countries such as China, Chile, Ghana, and Korea demonstrate that good policies and strong institutions can result in remarkable progress. However, many poor countries, particularly those in Africa continue to lag behind. Closing this gap remains a major challenge for the world, particularly as the growing population and output of developing countries accelerate tensions in such areas as trade, immigration and financial flows.

Development Challenges of India After Twenty Five Years of Economic Reforms

Development Challenges of India After Twenty Five Years of Economic Reforms PDF Author: Nripendra Kishore Mishra
Publisher: Springer Nature
ISBN: 9811582653
Category : Business & Economics
Languages : en
Pages : 464

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Book Description
This book revisits some of the persisting challenges of development of India, which remain unresolved even after twenty-five years of economic reforms and almost fifteen years of high growth rate. These include defining purpose of development, inequality, labour, work, unemployment, agrarian distress and migration. The book questions the overemphasis on growth to the extent of neglecting basic issues of development. With a number of contributions re-imagining development and its political economy, the book discusses above mentioned issues in light of new data and more recent conceptions of the issues. The contributors of this volume are eminent researchers in their respective field. Presenting primary as well as secondary data, the book considers the latest advances and research and also addresses new challenges like the global reorganization of production and the consequences for labour and the world of work, along with skills question. World of work has received detailed investigation in this book. This is a timely addition in existing literature especially in context of pandemic and lockdown. Informality and un/employment question is addressed in this context. Relationship among poverty, inequality and growth is examined in light of newer understanding. Agrarian distress is looked in a broader context. A number of papers are examining migration question by expanding coverage of migration and including labour mobility as apart of migration debate. The present crisis of migrant labour and absence of social security for these workers is also discussed. This book is primarily intended for those interested in recent advances on some of the basic aspects of development, like poverty, inequality, informality, word of work, migration and labour mobility. It is also useful for researchers, policy makers, journalists and civil society organizations working on these issues.