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This book brings together prominent international contributors to consider a range of questions concerning the quality of growth in Africa. Offering both diagnoses and prescriptions, The Quality of Growth in Africa helps envision a future that goes beyond increasing GDP to ensuring that growth translates into improvements in well-being.
The current approach to resolving sovereign debt crises does not work: sovereign debt restructurings come too late and do too little. Providing guidance for those who intend to take up reform, this book assesses the relative merits of various debt-restructuring proposals, especially in relation to the main deficiencies of the current nonsystem.
Discusses about what information governments and other powerful organizations should disclose. This book distills the lessons of many nations' often bitter experience and provides analysis of transparency's impact on governance, business regulation, environmental protection, and national security. It is useful for policymakers and executives.
The wealth derived from natural resources can have a tremendous impact on the economics and politics of producing countries. This volume addresses the fundamental channels generated by this wealth and examines the major decisions a country must make when faced with an abundance of a natural resource.
Looks at the successes and failures of privatization and the reasons for each, setting out alternative frameworks for countries in Africa and other regions that seek to develop privatization policy and programs.
Economic structuralists use a broad, systemwide approach to understanding development, and this textbook assumes a structuralist perspective in its investigation of why a host of developing countries have failed to grow at 2 percent or more since 1960. Sensitive to the wide range of factors that affect an economy's strength and stability, the authors identify the problems that have long frustrated growth in many parts of the developing world while suggesting new strategies and policies to help improve standards of living.After a survey of structuralist methods and post-World War II trends of global economic growth, the authors discuss the role that patterns in productivity, production structures, and capital accumulation play in the growth dynamics of developing countries. Next, it outlines the evolution of trade patterns and the effect of the terms of trade on economic performance, especially for countries that depend on commodity exports. The authors acknowledge the structural limits of macroeconomic policy, highlighting the negative effects of financial volatility and certain financial structures while recommending policies to better manage external shocks. These policies are then further developed through a discussion of growth and structural improvements, and are evaluated according to which policy options-macro, industrial, or commercial best fit within different kinds of developing economies.
Through pressing, current case studies, contributors examine the ubiquitous interplay among migration, development, culture, human rights, and government, all toward advancing more effective solutions to international migration issues.
Explores the vital role that industrial policies can play in bringing about a transformation of African economies
This volume revisits the role of industrial policy, discussing the most effective use of industrial policies in learning economies, development finance, and promoting investment in regional and global contexts. Also included are in-depth case studies of Japan and India's experience with industrial policy in the banking and private sector.
Latin American neo-structuralism is a cutting-edge, regionally focused economic theory with broad implications for macroeconomics and development economics.
The welfare state has been under attack for decades, but now more than ever we need strong social programs to combat inequality, support social justice, and even improve economic performance. This book brings together distinguished contributors to examine global variations of social programs and make the case for a redesigned welfare state.
An interdisciplinary group of prominent scholars scrutinizes how the rules of global economic governance-or the lack thereof-determine the extent and growth of inequality. With a focus on achievable reforms, this book offers concrete steps capable of counteracting inequitable wealth distribution and bringing about fairer economic growth.
The Great Polarization brings together contributors from disparate perspectives to examine the causes and consequences of skyrocketing inequality. Contributors reconsider the data on inequality, examine the policies that have led to this predicament, and outline potential ways forward.
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