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Author : Robert Jones
Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (243 download)
Download or read book Economic Growth as a Coordination Problem written by Robert Jones and published by . This book was released on 1991 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Gerald P. O'Driscoll
Publisher : Kansas City, Kan. : Sheed Andrews and McMeel
ISBN 13 :
Total Pages : 210 pages
Book Rating : 4.F/5 ( download)
Download or read book Economics as a Coordination Problem written by Gerald P. O'Driscoll and published by Kansas City, Kan. : Sheed Andrews and McMeel. This book was released on 1977 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: A revision of the author's thesis, University of California at Los Angeles. Includes index. Bibliography: p. 158-167.
Author : Gerard H. Kuper
Publisher : Springer Science & Business Media
ISBN 13 : 1461515491
Total Pages : 274 pages
Book Rating : 4.4/5 (615 download)
Download or read book Coordination and Growth written by Gerard H. Kuper and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Coordination and Growth: Essays in Honour of Simon K. Kuipers, addresses a rich variety of coordination issues in macroeconomics. It contains detailed studies in economic policy, monetary economics, and growth theory and uses various methodologies to address the coordination issue: from a pure theoretical to an empirical econometric approach. It is stressed that modern macroeconomics should focus on coordination issues. Imperfections of various kinds are likely to lead to coordination failures, which can lead to large welfare losses. Macroeconomists should address the causes and implications of imperfections and failures. In this book attempts are made to increase our knowledge in this field. The book is a tribute to one of the leading Dutch macroeconomists, Simon K. Kuipers. Simon Kuipers shows a major interest in the theory of capital (following e.g. Harrod), growth theory (following Solow), monetary theory (following Tobin), and disequilibrium theory (following Malinvaud and Benassy). The lines of thought have in common that they use frictions to explain the functioning of a market economy. The nature of the frictions varies from pure quantity rationing, like in the Malinvaud analysis, to imperfect substitution of various capital goods (like in the vintage models or assets (in the general monetary equilibrium models proposed by Tobin). Kuipers is not only interested in pure theoretical contributions, he also stimulates econometric work in line with the Dutch tradition initiated by Tinbergen. His applied work relates to policy analysis and policy prescriptions in many fields, ranging from monetary economics to distortions in the labour market. Kuipers can be classified as a true Keynesian, although he admires neoclassical theory for its rigour and compactness. Better still, he is an eclectic economist with an open eye for the different schools of thought in macroeconomics.
Author : Kiminori Matsuyama
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (332 download)
Download or read book Economic Development as Coordination Problems written by Kiminori Matsuyama and published by . This book was released on 1995 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Tor Jakob Klette
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (62 download)
Download or read book From Growth Theory to Technology Policy written by Tor Jakob Klette and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Zbigniew Hockuba
Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (1 download)
Download or read book Economy of Chaos written by Zbigniew Hockuba and published by . This book was released on 1994 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jason Potts
Publisher : Oxford University Press, USA
ISBN 13 : 0190937491
Total Pages : 281 pages
Book Rating : 4.1/5 (99 download)
Download or read book Innovation Commons written by Jason Potts and published by Oxford University Press, USA. This book was released on 2019 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation is among the most important topics in understanding economic sustained economic growth. Jason Potts argues that the initial stages of innovation require cooperation under uncertainty and draws from insights on the solving of commons problems to shed light on policies and conditions conducive to the creation of new firms and industries. The problems of innovation commons are overcome, Potts shows, when there are governance institutions that incentivize cooperation, thereby facilitating the pooling of distributed information, knowledge, and other inputs. The entrepreneurial discovery of an economic opportunity is thus an emergent institution resulting from the formation of a cooperative group, under conditions of extreme uncertainty, working toward the mutual purpose of opportunity discovery about a nascent technology or new idea. Among the problems commons address are those of the identity; cooperation; consent; monitoring; punishment; and independence. A commons is efficient compared to the creation of alternative economic institutions that involve extensive contracting and networks, private property rights and price signals, or public goods (i.e. firms, markets, and governments). In other words, the origin of innovation is not entrepreneurial action per se, but the creation of a common pool resource from which entrepreneurs can discover opportunities. Potts' framework draws on the evolutionary theory of cooperation and institutional theory of the commons. It also has important implications for understanding the origin of firms and industries, and for the design of innovation policy. Beginning with a discussion of problems of knowledge and coordination as well as their implications for common pool environments, the book then explores instances of innovation commons and the lifecycle of innovation, including increased institutionalization and rigidness. Potts also discusses the possible implications of the commons framework for policies to sustain innovation dynamics.
Author : Spencer Rogers & Sammy Gentry
Publisher : Scientific e-Resources
ISBN 13 : 183947212X
Total Pages : 300 pages
Book Rating : 4.8/5 (394 download)
Download or read book Economic Development and Planning written by Spencer Rogers & Sammy Gentry and published by Scientific e-Resources. This book was released on 2018-04-07 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic development transforms a traditional dual-system society into a productive framework in which everyone contributes and from which receives benefits accordingly. Economic development occurs when all segments of the society benefit from the fruits of economic growth through economic efficiency and equity. Economic efficiency will be present with minimum negative externalities to society, including agency, transaction, secondary and opportunity costs. An economic development plan is a carefully built framework that's long-term in scope. It's used to help communities across diverse situations. When planning for economic development, the goal is to create and maintain a strong, vibrant local economy. Local government economic development planning is part of a region's overall economic development strategy and involves intergovernmental coordination. The economic development plan provides a comprehensive overview of the economy, sets policy direction for economic growth, and identifies strategies, programs, and projects to improve the economy. Economic planning, the process by which key economic decisions are made or influenced by central governments. It contrasts with the laissez-faire approach that, in its purest form, eschews any attempt to guide the economy, relying instead on market forces to determine the speed, direction, and nature of economic evolution. Finally, the author reminiscences on the excitement that was aroused during the initial period of development planning as well as decline in the expectations from the planning process and its importance. This book imparts the basic information about the economic development and planning of the world.
Author : Tor Jakob Klette
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (314 download)
Download or read book From Growth Theory to Technology Policy written by Tor Jakob Klette and published by . This book was released on 1998 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Dirk Messner
Publisher : Routledge
ISBN 13 : 1135226105
Total Pages : 432 pages
Book Rating : 4.1/5 (352 download)
Download or read book The Network Society written by Dirk Messner and published by Routledge. This book was released on 2013-10-11 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author argues that the countries that, at the end of the 20th century, have economic, social and ecological success will not be unleashed market economies but "active and learning societies" that attempt to solve their problems via an organizational and governance-related pluralism.
Author : Vivien Gröning
Publisher : GRIN Verlag
ISBN 13 : 3640510852
Total Pages : 25 pages
Book Rating : 4.6/5 (45 download)
Download or read book Economic Growth and Development in China written by Vivien Gröning and published by GRIN Verlag. This book was released on 2010 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2006 in the subject Business economics - Miscellaneous, University of Hamburg, language: English, abstract: If the need for a "Big Push" survives in an economy that is open to international trade and capital movements, or if openness to trade and capital movements is sufficient to overcome all poverty traps, these questions have daunted development economics since its inception (Jaime et al. 1997). In the last two hundred years, every country with high development and productivity rates has industrialised. While in the eighteens century Britain, and in the twenties century Korea and Japan grew rich, other countries remained poor. One of the discussed causes for this underdevelopment might be the small domestic market. While the idea started with Rosenstein-Rodan (1943)1, who thought the solution would be aid and investment programs, since the 1960s advocates tend to the Idea that openness of the economy resolve the problem of a small domestic market. The theory is that openness would induce an export-led "Big Push" in terms of simultaneous growth over different sectors (Murphy et al.1989, p.1003). In the current discussion the "Big Push" induced by aid has its comeback in the Millennium Development Goals from the UN (Easterly 2005, p.3). The focus of this paper is on the East Asian countries, where the export-promotion-policy had had an important role. But Trindade (2005, p.41) was the first author who interpreted the coordination-problem as solvable with solely export-promotion, because of the naturally coordination effect of exports (Asche, 2005, p.24 gloss 28). So the question is not if exports are good for an economy, but if exports can induce a "Big Push" and thus making aid superfluously.
Author : John Page
Publisher : Oxford University Press
ISBN 13 : 0192517287
Total Pages : 312 pages
Book Rating : 4.1/5 (925 download)
Download or read book The Practice of Industrial Policy written by John Page and published by Oxford University Press. This book was released on 2017-03-31 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Much of the information relevant to policy formulation for industrial development is held by the private sector, not by public officials. There is therefore fairly broad agreement in the development literature that some form of structured engagement — often referred to as close or strategic coordination — between the public and private sectors is needed, both to assist in the design of appropriate policies and to provide feedback on their implementation. There is less agreement on how that engagement should be structured, how its objectives should be defined, and how success should be measured. In fact, the academic literature on close coordination provides little practical guidance on how governments interested in developing a framework for government—business engagement should go about doing it. The burden of this lack of guidance falls most heavily on Africa, where — despite 20 years of growth — lack of structural transformation has slowed job creation and the pace of poverty reduction. Increasingly, African governments are seeking to design and implement policies to encourage the more rapid growth of high productivity industries and in the process confronting the need to engage constructively with the private sector. These efforts have met with mixed results. For sustained success in structural transformation, new policies and new approaches to government-business coordination will be needed. In 2014 the Korea International Cooperation Agency and UNU-WIDER launched a joint research project on 'The Practice of Industrial Policy'. The objective of the project was to help African policy-makers develop better coordination between the public and private sectors in order to identify the constraints to faster structural transformation and to design, implement, and monitor policies to remove them. This book, written by national researchers and international experts, presents the results of that research.
Author : Fu-Lai Tony Yu
Publisher : Springer Science & Business Media
ISBN 13 : 9086867162
Total Pages : 183 pages
Book Rating : 4.0/5 (868 download)
Download or read book New Perspectives on Economic Development written by Fu-Lai Tony Yu and published by Springer Science & Business Media. This book was released on 2011-04-27 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first of its kind to use Austrian subjectivism to analyze issues in economic development. Unlike scholars in mainstream neoclassical economics who explain economic development by quantitative growth models, this book attempts to understand economic progress in human agency perspective. In this approach, human agency is placed at the centre of economic analysis. This book begins with a review of the theories of economic development in the history of Austrian economics, with the intention of extending the contributions of major Austrian economists to development economics. After pointing out the weaknesses in the orthodox neoclassical approach to economic growth, the book then puts forward a subjectivist methodology which integrates the contributions of Max Weber, Alfred Schutz and Austrian Economists to interpret economic phenomena and policies. This chapter also serves as a methodological foundation for arguments elaborated in subsequent chapters. The rest of the book discusses important issues in economic development, namely, entrepreneurial process, national capabilities, innovation, trade, government, transition and catching up strategies for firms in latecomer economies. The book ends with concluding remarks and a proposal for a new research agenda in economic development. This book is well written, free from mathematics and is highly readable. It adds new insights not only in economics, but also in management, politics and social sciences. It will be useful to scholars, policy makers and students in economic development, entrepreneurship, theory of the firm, management of innovation, government policy, economic sociology, Austrian and evolutionary economics.
Author : Mario Baldassarri
Publisher : St. Martin's Press
ISBN 13 : 9780312121266
Total Pages : 278 pages
Book Rating : 4.1/5 (212 download)
Download or read book International Problems of Economic Interdependence written by Mario Baldassarri and published by St. Martin's Press. This book was released on 1994 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays is concerned with three major and debated topics in international economics, namely interdependence between countries, real and financial integration, and the conflicting relations between industrialized (North) and developing countries (South). Contributors participated in the International School of Economic Research held at the Certosa di Pontignano, University of Siena, in 1992. The first section deals with the international policy coordination problem and the economic growth of open economies. In the second section new foundations for commercial policy and the problems of economic integration, real and monetary are discussed. The final section includes an analysis of North-South relations and of price instability of primary commodities.
Author : Daniel W. Bromley
Publisher : Oxford University Press, USA
ISBN 13 : 0190062843
Total Pages : 309 pages
Book Rating : 4.1/5 (9 download)
Download or read book Possessive Individualism written by Daniel W. Bromley and published by Oxford University Press, USA. This book was released on 2019-11 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Anxiety and alienation threaten modern democracies. Political anger runs rampant in the United States, Britain voted to leave the European Union, authoritarian governments control several European countries, and millions of desperate migrants are streaming north out of the Middle East, Africa, and Latin America. Many people blame stagnant household incomes and economic inequality. However, Possessive Individualism argues that the origins of world disorder are in the failure of the Enlightenment to anticipate the acquisitive individual as a creature of global capitalism. Daniel Bromley provides a fundamental critique of contemporary capitalism to explain why the world now finds itself in widespread disorder. Capitalism's basic flaw, he argues, is "possessive individualism." Glorification of the rational individual motivated by acquisitiveness prevents the adoption of necessary government programs that would ease the economic burden on beleaguered households. Meanwhile, possessive individualism enables managerial capitalism-controlled by the "one percent"-to suppress wages and salaries, embrace automation, and move jobs overseas. Capitalism is no longer an engine of improved livelihoods and social hope. Drawing on evolutionary institutional economics and political theory this book offers two remedies to the crisis of modern capitalism. Escape from the crisis requires that the isolated acquisitive individual rediscovers a sense of loyalty to others-as neighbors, as colleagues, and as participants in the shared social process of living. Escape also requires that the private firm be reimagined as a public trust in which the economic well-being of employees becomes a central part of its purpose. In the absence of these dual transformations, capitalism as we know it cannot endure.
Author : George Horwich
Publisher : Academic Press
ISBN 13 : 1483267482
Total Pages : 577 pages
Book Rating : 4.4/5 (832 download)
Download or read book Trade, Stability, and Macroeconomics written by George Horwich and published by Academic Press. This book was released on 2014-05-10 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade, Stability, and Macroeconomics: Essays in Honor of Lloyd A. Metzler provides information pertinent to the fundamental aspects of trade, stability, and macroeconomics. This book covers a variety of topics, including nontraded and intermediate commodities, prices, production, exchange rates, and wages. Organized into five parts encompassing 22 chapters, this book begins with an overview of the theory of international trade and the effect of a tariff or export tax on domestic prices. This text then defines the supply of the international commodities as a function of their prices and of the output of the domestic commodity. Other chapters consider the Stolper–Samuelson analysis of the effects of protection of the distribution of income. This book discusses as well the theory of external–internal balance or the assignment problem as related to macroeconomic policy in an open economy. The final chapter deals with the dynamic allocation of scarce resources. This book is a valuable resource for economists.
Author : Timo J. Hämäläinen
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 410 pages
Book Rating : 4.F/5 ( download)
Download or read book National Competitiveness and Economic Growth written by Timo J. Hämäläinen and published by Edward Elgar Publishing. This book was released on 2003 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current paradigm shift in the world economy is challenging the traditional competitiveness and growth theories with their few explanatory variables. This book offers a more holistic framework to synthesise the key findings of the various branches of competitiveness and growth research. The author illustrates this framework with a new long wave theory of socio-economic development. This theory emphasises the competitiveness and growth benefits of rapid structural adjustment in the rapidly changing techno-economic environment. Based on thorough analysis the author argues that both markets and governments have become less efficient due to the current transformation of the world economy. His empirical data from 22 OECD countries in the 1980s and 1990s illustrates that efficiency and growth-oriented governments have significantly contributed to their countries' economic success. National Competitiveness and Economic Growth will furnish its readers with a better understanding of the interdependencies of many important but seemingly unrelated aspects of modern economies and societies, for example the dynamics of business and technology, and cultural and institutional change. It will appeal to economists, business professionals and policymakers with a special interest in the competitiveness and growth of firms and national economies as well as the long-term development of socio-economic systems.
