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Another Look At Wage Distortion In A Developing Dual Economy
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Book Synopsis Another Look at Wage Distortion in a Developing Dual Economy by : Bharati Basu
Download or read book Another Look at Wage Distortion in a Developing Dual Economy written by Bharati Basu and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper focuses on an endogenous wage distortion in a developing dual economy where an efficiency wage in the urban sector triggers rural-urban migration. Because of the endogenous nature of the distortion, this migration reduces the severity of distortion by creating more jobs and reducing the actual wage differential between the sectors. These results are in sharp contrast to the outcomes of an exogenous wage distortion (minimum wage) where rural-urban migration increases the severity of unemployment and calls for costly policy mechanisms that might be either politically or economically difficult to implement. Furthermore, in contrast to the case of an exogenous distortion, interregional migration with endogenous wage distortion increases urban industrial output and structural transformation works its way into the development process. This structural transformation is maintained even when this dual economy engages in the production of non-traded goods. Although this paper does not engage in policy ranking to bring in zero unemployment equilibrium, it shows that it is possible to achieve socially desirable level of migration by influencing detection rate of shirking or disutility of work effort instead of using costly distributive parameters such as taxes and subsidies.
Download or read book Australian Economic Papers written by and published by . This book was released on 2004 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Principles of Cost-Benefit Analysis for Developing Countries by : Caroline L. Dinwiddy
Download or read book Principles of Cost-Benefit Analysis for Developing Countries written by Caroline L. Dinwiddy and published by Cambridge University Press. This book was released on 1996-01-26 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents the theory of cost-benefit analysis and applies this theory to contemporary problems of development economics. It is distinctive in that it combines an introduction to welfare economics and project appraisal with a discussion of current issues in development economics such as structural adjustment policies, commodity stabilization programs and environmental issues. The book assumes a basic economic understanding and should be a useful text and also of interest to public policy administrators.
Book Synopsis The Labor Market and Economic Adjustment by : Pierre-Richard Agénor
Download or read book The Labor Market and Economic Adjustment written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1995-11-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.
Book Synopsis State Failure and Distorted Urbanisation in Post-Mao's China, 1993–2012 by : Yazhuo Zheng
Download or read book State Failure and Distorted Urbanisation in Post-Mao's China, 1993–2012 written by Yazhuo Zheng and published by Springer. This book was released on 2018-07-20 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines failure in the urbanisation of Northwest China as a result of government industrial policies that have impacted on the economic development of the region. By looking at the under-researched provinces of Gansu, Qinghai and Inner Mongolia, which make up a quarter of China's territory, Zheng and Deng challenge the common story of China's miracle growth and reveal the dark side of the country’s pursuit of modernity. Severe weather conditions, chronic drought, permanent lack of oxygen and unforgiving terrain in the Northwest make farming, manufacture and services difficult simply because people tend not to stay. Yet, China’s current political system forces growth to take place even though basic conditions and prerequisites for market-based growth are missing. This volume analyses 'ghost cities' and social tension in the process of ‘forced urbanisation’ in which huge amount of resources are wasted, the local environment is systematically damaged and ordinary people’s basic rights are brutally violated in the name of higher GDP and greater government glory.
Author :Institute of Development Studies (Brighton, England) Publisher :Oxford University Press ISBN 13 :9780198288114 Total Pages :390 pages Book Rating :4.2/5 (881 download)
Book Synopsis States Or Markets? by : Institute of Development Studies (Brighton, England)
Download or read book States Or Markets? written by Institute of Development Studies (Brighton, England) and published by Oxford University Press. This book was released on 1991 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the usefulness of neo-liberal theory and its prescriptions for tackling problems in developing countries, ranging through agriculture, industry, education, and health. It considers the impact of neo-liberal theory on the poor and on women, and assesses the neo-liberalrecord on trade, and financial and structural adjustment problems.
Book Synopsis Problems of Wage Policy for Economic Development by : Shreekant A. Palekar
Download or read book Problems of Wage Policy for Economic Development written by Shreekant A. Palekar and published by . This book was released on 1962 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Cambridge International AS and A Level Sociology Coursebook by : Chris Livesey
Download or read book Cambridge International AS and A Level Sociology Coursebook written by Chris Livesey and published by Cambridge University Press. This book was released on 2014-08-28 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: This revised set of resources for Cambridge International AS and A Level Sociology syllabus (9699) is thoroughly updated for the latest syllabus. Written by a highly experienced author, the Coursebook provides comprehensive support for the syllabus. Accessible language combined with the clear, visually-engaging layout makes this an ideal resource for the course. Discussion of significant sociological research, case studies, explanation of key terms and questions within the text reinforce knowledge. Stimulating activities build interpretation and application as well as analytical and evaluation skills. Revision checklists help in consolidating understanding. The book provides complete exam support with each chapter culminating in exam-style questions and a further chapter dedicated to revision, and examination skills and practice. A Teacher's CD-ROM is also available.
Book Synopsis Solomon's Knot by : Robert D. Cooter
Download or read book Solomon's Knot written by Robert D. Cooter and published by Princeton University Press. This book was released on 2013-08-25 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Cooter and Schfer provide a thorough introduction to growth economics through the lens of law and economics. They do a masterful job of weaving in historical anecdotes from all over the world, detailed discussions of historical transformations, theoretical literature, empirical studies, and numerous clever hypotheticals. Scholars as well as general readers will find this book to be very useful and informative."--Henry N. Butler, George Mason University -- "This book distills and presents in a lucid and often even entertaining way the main insights and contributions of law and economics to meeting the challenges of growth for developing countries. Cooter and Schfer argue that market freedom is the key to growth, but that it needs to be sustained by the appropriate legal rules and institutions."--Robert Howse, coauthor of "The Regulation of International Trade."
Book Synopsis Political Economy in the Evolution of China's Urban–Rural Economic Relations by : Fan Gao
Download or read book Political Economy in the Evolution of China's Urban–Rural Economic Relations written by Fan Gao and published by Routledge. This book was released on 2021-12-29 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demonstrates the imbalanced integration as the main character of China’s urban-rural economic relationship since reform and opening up. Reveals the critical logic underlying the evolution of China’s urban-rural economic relationship since 1949. Puts forward an alternative therectical framework based on political economy.
Book Synopsis Migration, Human Capital, and Poverty in a Dual-economy Model of a Developing Country by : Paul R. Masson
Download or read book Migration, Human Capital, and Poverty in a Dual-economy Model of a Developing Country written by Paul R. Masson and published by . This book was released on 2001 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade, Growth, and Economic Policy in Open Economies by : Karl-Josef Koch
Download or read book Trade, Growth, and Economic Policy in Open Economies written by Karl-Josef Koch and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part 1 of this volume focusses on globalization. Gains from trade, international competitiveness, labour market issues in open economies, customs unions, dumping and intra-firm trade are the topics of this part. Part 2 puts a stronger emphasis on dynamic economics. Social income, intergenerational transfers, public pension systems, and bequest and gift motives in overlapping generation models are main topics. Economic policies are analyzed in Part 3, including the relation between wage rigidity and migration, several aspects of German financial and monetary policy, as well as tax competition. The volume concludes with institutional issues of globalization, a western view on eastern transition, social cost of rent seeking, and the evolution of social institutions.
Book Synopsis Development Studies Revisited by : Charles Cooper
Download or read book Development Studies Revisited written by Charles Cooper and published by Routledge. This book was released on 2016-04-15 with total page 566 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1989. The Journal of Development Studies was founded 25 years ago as a professional journal for what had by then become an established sub-discipline within British social science. The Journal has consistently published a broad spectrum of British research on development studies - a catholicity that has been reflected in the composition of the Editorial Board over the years - and has always welcomed authors from the USA, the European Continent, and above all from the Third World. Collated form the last twenty-five years of the journal presented here are a collection of 20-odd papers that represent less than three per cent of articles published since 1964.
Book Synopsis Perspectives on Nigeria's Economic Development Volume I by : Pascal G. Dozie
Download or read book Perspectives on Nigeria's Economic Development Volume I written by Pascal G. Dozie and published by African Books Collective. This book was released on 2009-12-29 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the chapters of this book which was first published in 1999, an attempt has been made to examine several aspects of the Nigerian banking and financial systems, capital market, economic development planning, budget and fiscal policy as well as the role of private sector in development. 32 chapters are included in seven parts which are entitled: The Way Forward; Planning and Economic Development; The Private Sector in Development; Issues on Budget and Fiscal Policy; The Nigerian Financial System; The Nigerian Banking System; and The Nigerian Capital Market.
Book Synopsis State Structure, Policy Formation, and Economic Development in Southeast Asia by : Antoinette R. Raquiza
Download or read book State Structure, Policy Formation, and Economic Development in Southeast Asia written by Antoinette R. Raquiza and published by Routledge. This book was released on 2013-06-17 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do some small, developing countries industrialize and others don’t? What factors account for different economic performance among states that are vulnerable to external shocks, crony capitalism, and political instability? This book argues that the answer lies in the structuring of state power, specifically the way different sets of governing elites – political leaders and economic technocrats – are embedded in political organisations and state institutions, and the way these elites relate to each other in the economic development policy process. Conducting a comparative historical analysis of Thailand and the Philippines, the book argues that the institutional settings of governing elites influence economic outcomes. In Thailand, political power traditionally connects to state institutions in ways that has limited the impact of political turnovers and global downturns - conducive to long-term industrial activities. In contrast, Philippine state power derives from family networks that merge social and political power, suited to fast-moving, short-term commercial interests. In focusing on this political and institutional story, the author analyses the current development dilemmas of countries, weighed down by historical legacies of unstable regimes, dependency, and social conflict, and how they are likely to develop in the future.
Book Synopsis Minimum Wages and On-the-job Training by : Daron Acemoglu
Download or read book Minimum Wages and On-the-job Training written by Daron Acemoglu and published by . This book was released on 1999 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers, because they prevent these workers from taking wage cuts necessary to finance training. We show that when the assumption of perfectly competitive labor markets underlying this theory is relaxed, minimum wages can increase training of affected workers, by inducing firms to train their unskilled employees. More generally, a minimum wage increases training for constrained workers, while reducing it for those taking wage cuts to finance their training. We provide new estimates on the impact of the state and federal increases in the minimum wage between 1987 and 1992 of the training of low wage workers. We find no evidence that minimum wages reduce training. These results are consistent with our model, but difficult to reconcile with the standard theory of human capital.
Download or read book Work Related Abstracts written by and published by . This book was released on 1985 with total page 856 pages. Available in PDF, EPUB and Kindle. Book excerpt:
