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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.
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.
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.
Author: Michael P. Todaro
Publisher: Financial Times/Prentice Hall
ISBN: 9780582071360
Category : Developing countries
Languages : en
Pages : 517
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Book Description
The book is orientated towards the teaching of economics within the context of the major problems of development and underdevelopment in Third World nations and fills a major void in the teaching materials available for this purpose. It has been written for use by first-year economic students at universities throughout Africa, Asia, Latin America and the Middle East.
Author: John Harriss
Publisher: Routledge
ISBN: 1134727054
Category : Business & Economics
Languages : en
Pages : 382
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Book Description
The new institutional economics is one of the the most important new bodies of theory to emerge in economics in recent years. The contributors to this volume address its significance for the developing world. The book is a major contribution to an area of debate still in its formative phase. The book challenges the orthodoxies of development, espec
Author: Ozay Mehmet
Publisher: Psychology Press
ISBN: 9780415205733
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
Author: E. Wayne Nafziger
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 648
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Book Description
The growth in real income per person in the third-world nations of Latin America, Asia, and Africa, about twofold since 1950, is a mixed record. On the one hand, the growth warrants optimism, particularly in Taiwan, South Korea, Singapore, Malaysia, Thailand, Indonesia, China, other fast-growing Pacific Rim countries, and Brazil.
Author: Jeffrey G. Williamson
Publisher: MIT Press
ISBN: 0262295180
Category : Business & Economics
Languages : en
Pages : 315
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Book Description
How the rise of globalization over the past two centuries helps explain the income gap between rich and poor countries today. Today's wide economic gap between the postindustrial countries of the West and the poorer countries of the third world is not new. Fifty years ago, the world economic order—two hundred years in the making—was already characterized by a vast difference in per capita income between rich and poor countries and by the fact that poor countries exported commodities (agricultural or mineral products) while rich countries exported manufactured products. In Trade and Poverty, leading economic historian Jeffrey G. Williamson traces the great divergence between the third world and the West to this nexus of trade, commodity specialization, and poverty. Analyzing the role of specialization, de-industrialization, and commodity price volatility with econometrics and case studies of India, Ottoman Turkey, and Mexico, Williamson demonstrates why the close correlation between trade and poverty emerged. Globalization and the great divergence were causally related, and thus the rise of globalization over the past two centuries helps account for the income gap between rich and poor countries today.
Author: John Barkley Rosser
Publisher: MIT Press
ISBN: 9780262182348
Category : Business & Economics
Languages : en
Pages : 668
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Book Description
The second edition of an innovative undergraduate textbook in Comparative Economic Systems that goes beyond the traditional dichotomies.
Author: Brian Clive Smith
Publisher: Indiana University Press
ISBN: 9780253342171
Category : Business & Economics
Languages : en
Pages : 344
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Book Description
Praise for the first edition: "... this masterful and concise volume overviews the range of approaches social scientists have applied to explain events in the Third World." --Journal of Developing Areas Understanding Third World Politics is a comprehensive, critical introduction to political development and comparative politics in the non-Western world today. Beginning with an assessment of the shared factors that seem to determine underdevelopment, B. C. Smith introduces the major theories of development--development theory, modernization theory, neo-colonialism, and dependency theory--and examines the role and character of key political organizations, political parties, and the military in determining the fate of developing nations. This new edition gives special attention to the problems and challenges faced by developing nations as they become democratic states by addressing questions of political legitimacy, consensus building, religion, ethnicity, and class.
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.
