Turbulence and Order in Economic Development

Turbulence and Order in Economic Development PDF Author: Hazel Gray
Publisher: Oxford University Press
ISBN: 0198714645
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
This book studies economic development in two of the world's fastest growing developing countries, Tanzania and Vietnam, by examining the interplay between market liberalization, institutions, and the distribution of power in society.

Economic Development and the Role of the State

Economic Development and the Role of the State PDF Author: Gray
Publisher:
ISBN: 9780191782909
Category :
Languages : en
Pages :

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Book Description


Turbulence and Order in Economic Development

Turbulence and Order in Economic Development PDF Author: Hazel Gray
Publisher: Oxford University Press
ISBN: 0192548018
Category : Business & Economics
Languages : en
Pages : 349

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Book Description
The terms of debate on the role of institutions in economic development are changing. Stable market institutions, in particular, secure private property rights and democratically accountable governments that uphold the rule of law, are widely seen to be a pre-requisite for economic transformation in low income countries, yet over the last thirty years, economic growth and structural transformation has surged forward in a range of countries where market and state institutions have differed these ideals, as well as from each other. Turbulence and Order in Economic Development studies the role of the state in two such countries, examining the interplay between market liberalization, institutions, and the distribution of power in Tanzania and Vietnam. Tanzania and Vietnam were two of the poorest countries in the world in the early 1980s but over the last thirty years, both have experienced significant changes in the pace and character of economic development. While both countries experienced faster rates of GDP growth, their paths of economic transformation were very different as Vietnam experienced rapid poverty reduction associated with the expansion of manufacturing while Tanzania's path of industrialization was characterized by the rise of mining and a much slower pace of poverty reduction. Employing a political settlements approach, this book considers the comparative role of the state in driving economic transformation. In both countries, the experiences of socialism continued to shape the role of the state in the economy even after extensive market liberalization, however, the distribution of political and economic power was very different. This had important consequences for the overlapping role of the state in generating political order and in driving economic transformation. Turbulence and Order in Economic Development studies the formal and informal ways that the state influenced economic transformation through its role in public financial management, land and industrial policy.

Turbulence and Order in Economic Development

Turbulence and Order in Economic Development PDF Author: Hazel Gray
Publisher: Oxford University Press
ISBN: 0191024074
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
The terms of debate on the role of institutions in economic development are changing. Stable market institutions, in particular, secure private property rights and democratically accountable governments that uphold the rule of law, are widely seen to be a pre-requisite for economic transformation in low income countries, yet over the last thirty years, economic growth and structural transformation has surged forward in a range of countries where market and state institutions have differed these ideals, as well as from each other. Turbulence and Order in Economic Development studies the role of the state in two such countries, examining the interplay between market liberalization, institutions, and the distribution of power in Tanzania and Vietnam. Tanzania and Vietnam were two of the poorest countries in the world in the early 1980s but over the last thirty years, both have experienced significant changes in the pace and character of economic development. While both countries experienced faster rates of GDP growth, their paths of economic transformation were very different as Vietnam experienced rapid poverty reduction associated with the expansion of manufacturing while Tanzania's path of industrialization was characterized by the rise of mining and a much slower pace of poverty reduction. Employing a political settlements approach, this book considers the comparative role of the state in driving economic transformation. In both countries, the experiences of socialism continued to shape the role of the state in the economy even after extensive market liberalization, however, the distribution of political and economic power was very different. This had important consequences for the overlapping role of the state in generating political order and in driving economic transformation. Turbulence and Order in Economic Development studies the formal and informal ways that the state influenced economic transformation through its role in public financial management, land and industrial policy.

The Economics of Global Turbulence

The Economics of Global Turbulence PDF Author: Robert Brenner
Publisher: Verso
ISBN: 9781859847305
Category : Business & Economics
Languages : en
Pages : 412

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Book Description
A commanding survey of the world economy from 1950 to the present, from the author of the acclaimed The Boom and the Bubble.

Development in Turbulent Times

Development in Turbulent Times PDF Author: Paul Dobrescu
Publisher: Springer
ISBN: 3030113612
Category : Business & Economics
Languages : en
Pages : 199

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Book Description
This open access book explores the most recent trends in the EU in terms of development, progress, and performance. Ten years after the 2008 economic crisis, and amidst a digital revolution that is intensifying the development race, the European Union, and especially Central and Eastern Europe, are ardently searching for their development priorities. Against this background, by relying on a cross-national perspective, the authors reflect upon the developmental challenges of the moment, such as sustainable development, reducing inequality, ensuring social cohesion, and driving the digital revolution. They particularly focus on the relation between the less-developed Eastern part of the EU and its more developed Western counterpart, and discuss the consequences of this development gap in detail. Lastly, the book presents a range of case studies from different areas of governance, such as economy and commerce, health services, education, migration and public opinion in order to investigate the trends most likely to impact the European Union's medium and long-term development.

Economic Turbulence

Economic Turbulence PDF Author: Clair Brown
Publisher: University of Chicago Press
ISBN: 0226076342
Category : Business & Economics
Languages : en
Pages : 211

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Book Description
Every day, in every sector of our economy, a business shuts down while another starts up, jobs are created while others are cut, and workers are hired while others are laid off. This constant flux, or turbulence, is a defining characteristic of our free market system, yet it mostly inspires angst about unemployment, loss of earnings, and the overall competitiveness of corporations. But is this endless cycle of fluctuation really so bad for America? Might something positive be going on in the economy as a result of it? In this penetrating work, three esteemed economists seek to answer these questions by exploring the real impact of volatility on American workers and businesses alike. According to the authors, while any number of events--shifts in consumer demand, changes in technology, mergers and acquisitions, or increased competition--can contribute to economic turbulence, our economy as a whole is, by and large, stronger for it, because these processes of creation and destruction make it more flexible and adaptable. The authors also acknowledge and document the adverse consequences of this turbulence on different groups of workers and firms and discuss the resulting policy challenges. Basing their argument on an up-close look into the dealings and practices of five key industries—financial services, retail food services, trucking, semiconductors, and software—the authors demonstrate the positive effects of turbulence on career paths, employee earnings, and firm performance. The first substantial attempt to disentangle and make clear the complexities of this phenomenon in the United States, Economic Turbulence will be viewed as a major achievement and the centerpiece of any discussion on the subject for years to come.

Turbulence and New Directions in Global Political Economy

Turbulence and New Directions in Global Political Economy PDF Author: J. Busumtwi-Sam
Publisher: Springer
ISBN: 1403918457
Category : Political Science
Languages : en
Pages : 243

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Book Description
James Busumtwi-Sam and Laurent Dobuzinskis have assembled a leading team of experts in the field to examine how phenomena associated with globalization impact on political economy in theory and in practice. The volume employs a variety of theoretical and analytical approaches to examine the very changeable nature of the global political economy, in terms of academic analysis, policy and practice.

Turbulence in World Politics

Turbulence in World Politics PDF Author: James N. Rosenau
Publisher: Princeton University Press
ISBN: 0691188521
Category : Political Science
Languages : en
Pages : 499

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Book Description
In this ambitious work a leading scholar undertakes a full-scale reconceptualization of international relations. Turbulence in World Politics is an entirely new formulation that accounts for the persistent turmoil of today's world, even as it also probes the impact of the microelectronic revolution, the postindustrial order, and the many other fundamental political, economic, and social changes under way since World War II. To develop this formulation, James N. Rosenau digs deep into the workings of communities and the orientations of individuals that culminate in collective action on the world stage. His concern is less with questions of epistemology and methodology and more with the development of a comprehensive theoryone that is different from other paradigms in the field by virtue of its focus on the tumult in contemporary international relations. The book depicts a bifurcation of global politics in which an autonomous multi-centric world has emerged as a competitor of the long established state-centric world. A central theme is that the analytic skills of people everywhere are expanding and thereby altering the context in which international processes unfold. Rosenau shows how the macro structures of global politics have undergone transformations linked to those at the micro level: long-standing structures of authority weaken, collectivities fragment, subgroups become more powerful at the expense of states and governments, national loyalties are redirected, and new issues crowd onto the global agenda. These turbulent dynamics foster the simultaneous centralizing and decentralizing tendencies that are now bifurcating global structures. "Rosenau's new work is an imaginative leap into world politics in the twenty-first century. There is much here to challenge traditional thought of every persuasion." --Michael Brecher, McGill University

Winning in Turbulence

Winning in Turbulence PDF Author: Darrell Rigby
Publisher: Harvard Business Press
ISBN: 1422136469
Category : Business & Economics
Languages : en
Pages : 155

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Book Description
The current downturn may prove more brutal than most previous recessions. It's already hammering companies in markets around the globe. It will test businesses to their fullest-many won't survive. But downturns present strategic opportunities, too. In fact, many more companies achieve dramatic gains during recessions than in normal times. How to ensure your company emerges successful? In Winning in Turbulence, a new volume in the Memo to the CEO series, Bain & Company downturn strategist Darrell Rigby provides the playbook. He presents a powerful framework and diagnostic tool (available in the book and online) for assessing three dimensions of your situation: Your industry's sensitivity: How hard is it hit by this downturn? Your company's strategic position: Are you an industry leader or follower? Your firm's financial position, including cash reserves. The author then explains how to craft an action plan tailored to the situation you've diagnosed, providing tools for: Cutting costs intelligently-sustaining your margins and brand Boosting revenue by refocusing your sales force on the right customers Channeling resources into your core businesses Preparing for bold moves, such as game-changing acquisitions Timely and practical, this book positions you to survive a downturn and emerge stronger once the recovery begins.