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Author: Alexander Johnstone Wilson
Publisher:
ISBN:
Category : Economic history
Languages : en
Pages : 422
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Author: Alexander Johnstone Wilson
Publisher:
ISBN:
Category : Economic history
Languages : en
Pages : 422
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Author: Daron Acemoglu
Publisher: Crown Currency
ISBN: 0307719227
Category : Business & Economics
Languages : en
Pages : 546
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Book Description
NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER • From two winners of the 2024 Nobel Prize in Economic Sciences, “who have demonstrated the importance of societal institutions for a country’s prosperity” “A wildly ambitious work that hopscotches through history and around the world to answer the very big question of why some countries get rich and others don’t.”—The New York Times FINALIST: Financial Times and Goldman Sachs Business Book of the Year Award • ONE OF THE BEST BOOKS OF THE YEAR: The Washington Post, Financial Times, The Economist, BusinessWeek, Bloomberg, The Christian Science Monitor, The Plain Dealer Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, or geography that determines prosperity or poverty? As Why Nations Fail shows, none of these factors is either definitive or destiny. Drawing on fifteen years of original research, Daron Acemoglu and James Robinson conclusively show that it is our man-made political and economic institutions that underlie economic success (or the lack of it). Korea, to take just one example, is a remarkably homogenous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The differences between the Koreas is due to the politics that created those two different institutional trajectories. Acemoglu and Robinson marshal extraordinary historical evidence from the Roman Empire, the Mayan city-states, the Soviet Union, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, among them: • Will China’s economy continue to grow at such a high speed and ultimately overwhelm the West? • Are America’s best days behind it? Are we creating a vicious cycle that enriches and empowers a small minority? “This book will change the way people think about the wealth and poverty of nations . . . as ambitious as Jared Diamond’s Guns, Germs, and Steel.”—BusinessWeek
Author: R. M. Auty
Publisher: Oxford University Press
ISBN: 0199246882
Category : Business & Economics
Languages : en
Pages : 357
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Book Description
Since the 1960s the per capita incomes of the resource-poor countries have grown significantly faster than those of the resource-abundant countries. In fact, in recent years economic growth has been inversely proportional to the share of natural resource rents in GDP, so that the small mineral-driven economies have performed least well and the oil-driven economies worst of all. Yet the mineral-driven resource-rich economies have high growth potential because the mineral exportsboost their capacity to invest and to import."Resource Abundance and Economic Development" explains the disappointing performance of resource-abundant countries by extending the growth accounting framework to include natural and social capital. The resulting synthesis identifies two contrasting development trajectories: the competitive industrialization of the resource-poor countries and the staple trap of many resource-abundant countries. The resource-poor countries are less prone to policy failure than the resource-abundant countriesbecause social pressures force the political state to align its interests with the majority poor and follow relatively prudent policies. Resource-abundant countries are more likely to engender political states in which vested interests vie to capture resource surpluses (rents) at the expense of policycoherence. A longer dependence on primary product exports also delays industrialization, heightens income inequality, and retards skill accumulation. Fears of 'Dutch disease' encourage efforts to force industrialization through trade policy to protect infant industry. The resulting slow-maturing manufacturing sector demands transfers from the primary sector that outstrip the natural resource rents and sap the competitiveness of the economy.The chapters in this collection draw upon historical analysis and models to show that a growth collapse is not the inevitable outcome of resource abundance and that policy counts. Malaysia, a rare example of successful resource-abundant development, is contrasted with Ghana, Bolivia, Saudi Arabia, Mexico, and Argentina, which all experienced a growth collapse. The book also explores policies for reviving collapsed economies with reference to Costa Rica, South Africa, Russia and Central Asia. Itdemonstrates the importance of initial conditions to successful economic reform.
Author: K. Puttaswamaiah
Publisher: Indus Publishing
ISBN: 9788173870521
Category : Business & Economics
Languages : en
Pages : 340
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Book Description
Collection of articles on the economic theory of Jan Tinbergen, b. 1903, Dutch economist.
Author: Julian Lincoln Simon
Publisher: Princeton University Press
ISBN: 0691261202
Category : Business & Economics
Languages : en
Pages : 424
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Book Description
A lively answer to those who sound alarms about population growth and resource use The Ultimate Resource challenges conventional beliefs about the scarcity of energy and natural resources, the pollution of the environment, and the perils of overpopulation for our standard of living. In this provocative book, Julian Lincoln Simon argues that natural resources are not finite in any meaningful way, and that using such resources now will not slow the rate of future economic growth. In the short run, all resources are limited. A greater use of any resource means pressure on its supply and hence an increased price. In the long run, however, history shows that human creativity overcomes natural obstacles to economic growth and leads to a lower cost and price than before. The ultimate resource, Simon contends, is the human imagination coupled to the human spirit. This timely book will fundamentally change how you think about a host of issues, from immigration and human fertility to forecasts of population change and the use of taxpayer dollars for population control. The Ultimate Resource demonstrates that the primary constraint on our national and world economic growth is our capacity for the creation of new ideas. The more people who can be trained to help solve the problems that confront us, the faster we might remove the obstacles, and the greater the economic inheritance we can bequeath to our descendants.
Author:
Publisher:
ISBN:
Category : Computer network resources
Languages : en
Pages : 300
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Author: Geological Survey (U.S.)
Publisher:
ISBN:
Category : Earth sciences
Languages : en
Pages : 368
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Author:
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 764
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Author:
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 212
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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 922
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