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Distributive Politics And Economic Research Growth
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Book Synopsis Polarization, Politics, and Property Rights by : Philip Keefer
Download or read book Polarization, Politics, and Property Rights written by Philip Keefer and published by World Bank Publications. This book was released on 2000 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: One strand of research argues that polarized societies find it difficult to reach political consensus on appropriate responses to crises. Another strand focuses on redistribution, asking whether income inequality stifles growth by increasing political incentives to redistribute. Which is right?
Book Synopsis Political Economy, Growth, and Business Cycles by : Alex Cukierman
Download or read book Political Economy, Growth, and Business Cycles written by Alex Cukierman and published by MIT Press. This book was released on 1992 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: These original contributions by some of today's leading macroeconomists and political economists explore a broad spectrum of social, political, and technological variables that encourage or impede economic growth. What political and economic factors stimulate growth and make an economy expand? These original contributions by some of today's leading macroeconomists and political economists explore a broad spectrum of social, political, and technological variables that encourage or impede economic growth. Topics range from economic reform and price flexibility to the economic effects of political coups and include both theoretical analysis and empirical results.During the past decade, economists have seen important new developments linking growth and business cycles to government policy. These contributions provide a clear understanding of these processes and their effect in shaping economic policy. They look at the welfare side of economics and offer strong economic models to explain the connection between social policies and economic growth. For example, John Londregan and Keith Poole address the economic effects of political coups, Torsten Persson and Guido Tabellini explore the question of whether inequality is harmful for growth, and Stephen Parente and Edward Prescott look at the role of technology adoption in stimulating growth.The essays cover a wide range of approaches. Several focus on the interaction between growth and the choice of policy, where policy reacts to economic and distributional considerations through a majority rule process. Others take the policy as given and focus on the empirical estimation of the speed of convergence of rates of growth across states and regions and the importance of externalities and knowledge spillovers for rates of growth. Essays about the business cycle fall into two broad categories. One, arising from the new political economy tradition, examines the effects of elections and price decontrols on the business cycle. The other explores the implications of optimal economic policies in a representative agent framework for the cyclical behavior of the economy.
Book Synopsis Inequality and Growth by : Theo S. Eicher
Download or read book Inequality and Growth written by Theo S. Eicher and published by MIT Press. This book was released on 2003 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays exploring the relationship between economic growth and inequality and the implications for policy makers.
Book Synopsis More Evidence on Income Distribution and Growth by : George R. G. Clarke
Download or read book More Evidence on Income Distribution and Growth written by George R. G. Clarke and published by . This book was released on 1992 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Redistribution, Inequality, and Growth by : Mr.Jonathan David Ostry
Download or read book Redistribution, Inequality, and Growth written by Mr.Jonathan David Ostry and published by International Monetary Fund. This book was released on 2014-02-17 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund’s mandate is providing advice that will enable members’ economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called “leaky bucket” hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore—as Okun and others have—that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.
Book Synopsis Positive Theories of Congressional Institutions by : Kenneth A. Shepsle
Download or read book Positive Theories of Congressional Institutions written by Kenneth A. Shepsle and published by . This book was released on 1995 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: An ambitious synthesis, Positive Theories of Congressional Institutions attempts to reconcile a number of rational choice viewpoints to produce a comprehensive look at congressional institutions. While most theorists have presented their work as exclusive alternatives for understanding Congress, this volume reconsiders that basic premise. If in fact these approaches are mutually exclusive, what evidence favors one over the other? Could it be that these views focus on different aspects of a more complex puzzle? Kenneth A. Shepsle and Barry R. Weingast have assembled leading proponents of rational choice approaches to debate these issues. Some emphasize the problems of legislative decisionmaking under uncertainty and the role institutions play in providing incentives for relevant actors to provide information. Other theorists focus on political parties and emphasize the conditions under which parties exercise institutional authority and monitor institutional practices (or fail to do so). Still others investigate legislative delegation, both within and without the legislature. In debating the relationships between these research strands, the contributors not only provide powerful evidence for the power of formal modelling but also invite those involved in other modes of research to join the discussion. Thus the volume suggests how a more satisfying and complete model might emerge. Positive Theories of Congressional Institutions is a timely volume that will provide the foundation for all future work in this area. Contributors include John H. Aldrich, David P. Baron, Gary W. Cox, John A. Ferejohn, Morris P. Fiorina, Thomas W. Gilligan, Keith Krehbiel, John Londregan, Arthur Lupia, Mathew D. McCubbins, Forrest Maltzman, David W. Rohde, Kenneth A. Shepsle, Barbara Sinclair, Steven S. Smith, James Snyder, and Barry R. Weingast. Kenneth A. Shepsle is Professor of Government, Harvard University. Barry R. Weingast is Professor of Political Science and Senior Fellow, Hoover Institution, Stanford University.
Book Synopsis Manufacturing Miracles by : Gary Gereffi
Download or read book Manufacturing Miracles written by Gary Gereffi and published by Princeton University Press. This book was released on 2014-07-14 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few observers of Mexico and Brazil in the 1930s, or South Korea and Taiwan in the mid-1950s, would have predicted that these nations would become economic "miracles" several decades later. These newly industrializing countries (NICs) challenge much of our conventional wisdom about economic development and raise important questions about international competitiveness and export success in manufacturing industries. In this volume economists, sociologists, and political scientists seek to explain the growth of the NICs in Latin America and East Asia and to reformulate contemporary development theory through an in-depth analysis of these two dynamic regions. Gary Gereffi and Colin I. Bradford, Jr., provide an overview of national development trajectories in Latin America and East Asia, while Barbara Stallings, Gereffi, Robert R. Kaufman, Tun-jen Cheng, and Frederic C. Deyo discuss the role of foreign capital, governments, and domestic coalitions in shaping development outcomes. Gustav Ranis, Robert Wade, Chi Schive, and Ren Villarreal look at the impact of economic policies on industrial performance, and Fernando Fajnzylber, Ronald Dore, and Christopher Ellison with Gereffi examine new agendas for comparative development research. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Book Synopsis Growth, Inequality and Poverty by : Martin Ravallion
Download or read book Growth, Inequality and Poverty written by Martin Ravallion and published by World Bank Publications. This book was released on 2001 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: One side in the current debate about who benefits from growth has focused solely on average impacts on poverty and inequality, while the other side has focused on the diverse welfare impacts found beneath the averages. Both sides have a point.
Book Synopsis Poverty, Inequality, and Development by : Gary S. Fields
Download or read book Poverty, Inequality, and Development written by Gary S. Fields and published by Cambridge University Press. This book was released on 1980-12-31 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists have traditionally concentrated on aggregate economic growth to measure a country's development, but previously they have also considered income distribution performance. In this book Gary Fields reverses conventional approaches by using income distribution as the primary indicator. He examines what is known about the distribution of income and poverty, inequality, and development. He explores the main causes of poverty and inequality and the extent to which they have been reduced by individual countries in the course of their economic growth. Recognizing that conclusions vary with the type of income distribution measure used, Fields proposes that changes in absolute poverty be adopted as the primary index of a developing nation's progress and suggests that the growth rate of the GNP and character of that growth be regarded as the principal determinants of the levels of poverty and inequality. This framework calls for new models new data. and new microanalytic techniques in order to understand the results of development efforts. Fields employs evidence from case studies of six developing nations to suggest some explanations for differing patterns of development and calls for development planning founded on a firm commitment to helping the poor.
Book Synopsis The Middle Class Consensus and Economic Development by : William Easterly
Download or read book The Middle Class Consensus and Economic Development written by William Easterly and published by World Bank Publications. This book was released on 2000 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: A higher share of income for the middle class and lower ethnic polarization are empirically associated with higher income, higher growth, more education, better health, better infrastructure, better economic policies, less political instability, less civil war (putting ethnic minorities at risk), more social "modernization," and more democracy.
Book Synopsis Modern Growth Theory by : Dipankar Dasgupta
Download or read book Modern Growth Theory written by Dipankar Dasgupta and published by Oxford University Press. This book was released on 2010-10-18 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with Growth Theory, an important subject taught as a part of economic theory. Amongst other topics, it introduces the literature on growth and inequality as well as a major critique of growth economics by Charles Jones. These issues remained unaddressed in an earlier volume by the author, Growth Theory: Solow and His Modern Exponents (OUP 2005). Developed on the earlier work, the present volume focuses on: long run growth growth and infrastructure taxation policies for growth human capital formation a unified theoretical framework to help students travel from the world of old growth theory to modern growth theory intuitive as well as rigorous development of optimal control theory using undergraduate mathematical tools analysis of India's long term growth experience. For an interactive platform on updates and queries on the book and clarifications by the author, please visit the Discussion Forum: Modern Growth Theory, OUP, 2010 at this URL http:--economicsteaching.wordpress.com-2010-10-28-modern-growth-theory-
Book Synopsis The Political Economy of Growth by : Dennis C. Mueller
Download or read book The Political Economy of Growth written by Dennis C. Mueller and published by New Haven : Yale University Press. This book was released on 1983 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis How Does Political Instability Affect Economic Growth? by : Mr.Ari Aisen
Download or read book How Does Political Instability Affect Economic Growth? written by Mr.Ari Aisen and published by International Monetary Fund. This book was released on 2011-01-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.
Book Synopsis The Macroeconomics of Populism in Latin America by : Rudiger Dornbusch
Download or read book The Macroeconomics of Populism in Latin America written by Rudiger Dornbusch and published by University of Chicago Press. This book was released on 2007-12-01 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Again and again, Latin America has seen the populist scenario played to an unfortunate end. Upon gaining power, populist governments attempt to revive the economy through massive spending. After an initial recovery, inflation reemerges and the government responds with wage an price controls. Shortages, overvaluation, burgeoning deficits, and capital flight soon precipitate economic crisis, with a subsequent collapse of the populist regime. The lessons of this experience are especially valuable for countries in Eastern Europe, as they face major political and economic decisions. Economists and political scientists from the United States and Latin America detail in this volume how and why such programs go wrong and what leads policymakers to repeatedly adopt these policies despite a history of failure. Authors examine this pattern in Argentina, Brazil, Chile, Mexico, Nicaragua, and Peru—and show how Colombia managed to avoid it. Despite differences in how each country implemented its policies, the macroeconomic consequences were remarkably similar. Scholars of Latin America will find this work a valuable resource, offering a distinctive macroeconomic perspective on the continuing controversy over the dynamics of populism.
Book Synopsis The Oxford Handbook of Social and Political Trust by : Eric M. Uslaner
Download or read book The Oxford Handbook of Social and Political Trust written by Eric M. Uslaner and published by Oxford University Press. This book was released on 2018-01-02 with total page 753 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores the foundations of trust, and whether social and political trust have common roots. Contributions by noted scholars examine how we measure trust, the cultural and social psychological roots of trust, the foundations of political trust, and how trust concerns the law, the economy, elections, international relations, corruption, and cooperation, among myriad societal factors. The rich assortment of essays on these themes addresses questions such as: How does national identity shape trust, and how does trust form in developing countries and in new democracies? Are minority groups less trusting than the dominant group in a society? Do immigrants adapt to the trust levels of their host countries? Does group interaction build trust? Does the welfare state promote trust and, in turn, does trust lead to greater well-being and to better health outcomes? The Oxford Handbook of Social and Political Trust considers these and other questions of critical importance for current scholarly investigations of trust.
Book Synopsis The Economics of Rising Inequalities by : Daniel Cohen
Download or read book The Economics of Rising Inequalities written by Daniel Cohen and published by OUP Oxford. This book was released on 2002-10-24 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an in-depth discussion of rising inequalities in the western world. It explores the extent to which rising inequalities are the mechanical consequence of changes in economic fundamentals (such as changes in technological or demographic parameters), and to what extent they are the contingent consequences of country-specific and time-specific changes in institutions. Both the 'fundamentalist' view and the 'institutionalist' view have some relevance. For instance, the decline of traditional manufacturing employment since the 1970s has been associated in every developed country with a rise of labor-market inequality (the inequality of labor earnings within the working-age population has gone up in all countries), which lends support to the fundamentalist view. But, on the other hand, everybody agrees that institutional differences (minimum wage, collective bargaining, tax and transfer policy, etc.) between Continental European countries and Anglo-Saxon countries explain why disposable income inequality trajectories have been so different in those two groups of countries during the 1980s-90s, which lends support to the institutionalist view. The chapters in this volume show the strength of both views. Through empirical evidence and new theoretical insights the contributors argue that institutions always play a crucial role in shaping inequalities, and sometimes preventing them, but that inequalities across age, sex, and skills often recur. From Sweden to Spain and Portugal, from Italy to Japan and the USA, the volume explores the diversity of the interplay between market forces and institutions.
Book Synopsis Distributive Politics in Malaysia by : Hidekuni Washida
Download or read book Distributive Politics in Malaysia written by Hidekuni Washida and published by Routledge. This book was released on 2018-10-11 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: The election on 9 May 2018 ended six decades of rule by the ruling coalition in Malaysia (Barisan Nasional or BN, formerly the Alliance). Despite this result, the BN’s longevity and resilience to competition is remarkable. This book explores the mechanisms behind the emergence, endurance, fight for survival and decline of the party’s dominance. Using a systematic analysis of key resources (budgets, posts, and seats), Washida challenges the conventional argument that a punitive threat to exclude opposition supporters from distributive benefits sustained the loyalty of the masses as well as the elites. He also calls into question whether the mere existence of party organization in and of itself enables leaders to credibly commit to power-sharing. Instead he posits a theory of mobilization agency, in which a party leader needs to design an effective incentive mechanism. In addition, he explains how the BN had manufactured legislative dominance by tactical gerrymandering and malapportionment. The insights drawn from the Malaysian case can help deepen our understanding of the rise and fall of authoritarian parties and distributive politics in general.
