The Role of Elites in Economic Development

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Author :
Publisher : Oxford University Press
ISBN 13 : 0191634077
Total Pages : pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis The Role of Elites in Economic Development by : the late Alice H. Amsden

Download or read book The Role of Elites in Economic Development written by the late Alice H. Amsden and published by Oxford University Press. This book was released on 2012-09-27 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Elites have a disproportionate impact on development outcomes. While a country's endowments constitute the deep determinates of growth, the trajectory they follow is shaped by the actions of elites. But what factors affect whether elites use their influence for individual gain or national welfare? To what extent do they see poverty as a problem? And are their actions today constrained by institutions and norms established in the past? This volume looks at case studies from South Africa to China to seek a better understanding of the dynamics behind how elites decide to engage with economic development. Approaches include economic modelling, social surveys, theoretical analysis, and program evaluation. These different methods explore the relationship between elites and development outcomes from five angles: the participation and reaction of elites to institutional creation and change, how economic changes affect elite formation and circulation, elite perceptions of national welfare, the extent to which state capacity is part of elite self-identity, and how elites interact with non-elites.

Towards an Elite Theory of Economic Development

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Author :
Publisher : de Gruyter
ISBN 13 : 9783110738902
Total Pages : 0 pages
Book Rating : 4.7/5 (389 download)

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Book Synopsis Towards an Elite Theory of Economic Development by : Tomas Casas-Klett

Download or read book Towards an Elite Theory of Economic Development written by Tomas Casas-Klett and published by de Gruyter. This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutions, the humanly devised constraints of economic activity, are outcomes of elite agency. Leveraging ideas from economics, sociology, politics, and strategic management, this book proposes an 'elite theory of economic development'. The overarching goal is to foster sustainable value creation at the elite business model level. This work also aims to contribute to transformational leadership, and links are made to the annual Elite Quality Index (EQx), a measure of the value creation of national elites. Presents a theory of society, the economy, and the way the world actually is. Provides lucid analysis on elites and their contribution to economic and human development. Suggests practical frameworks and measurements for sustainable value creation and appropriation.

Private Wealth and Public Revenue

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Publisher : Cambridge University Press
ISBN 13 : 1107088372
Total Pages : 365 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Private Wealth and Public Revenue by : Tasha Fairfield

Download or read book Private Wealth and Public Revenue written by Tasha Fairfield and published by Cambridge University Press. This book was released on 2015-03-05 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book identifies sources of power that help business and economic elites influence policy decisions.

European Aristocracies and Colonial Elites

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Author :
Publisher : Routledge
ISBN 13 : 1351938770
Total Pages : 406 pages
Book Rating : 4.3/5 (519 download)

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Book Synopsis European Aristocracies and Colonial Elites by : Paul Janssens

Download or read book European Aristocracies and Colonial Elites written by Paul Janssens and published by Routledge. This book was released on 2017-09-08 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Aristocracies', 'Old Regime colonial elites' - from Adam Smith to Karl Marx and beyond, scholars have discussed their role in the rise of the modern world, in economic development and capitalism. Generally speaking and with the exception of the English landlords, the verdict has been always negative. Furthermore, historians have usually viewed the Ancien régime aristocracies and colonial elites as social groups with entirely irrational or completely apathetic attitudes towards the management of their estates. This book constitutes the first attempt to analyse the question in a more critical and historical way. It takes a directly comparative approach, covering countries from Peru to Russia and from Naples to England in the early modern period and up to the end of the 18th century. The rationale of how these elites administered their patrimonies, its political, social and sometime moral dimensions, and the real effects of all this on economic development are considered here as key aspects for a better understanding of economic life. The result is a quite different picture in which economic history is also seen as the outcome of human actions in their own social and political context.

Elites and Economic Development

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Author :
Publisher : University of Texas Press
ISBN 13 : 1477303405
Total Pages : 270 pages
Book Rating : 4.4/5 (773 download)

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Book Synopsis Elites and Economic Development by : John Walton

Download or read book Elites and Economic Development written by John Walton and published by University of Texas Press. This book was released on 2014-09-10 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a detailed comparative analysis of development politics in four urban regions of Latin America, two in Mexico and two in Colombia. John Walton has based his studies on the assumption that the problems of economic growth are essentially political, that is, are problems of choice, decision-making, and the exercise of power. His fundamental purpose has been to discover how elites of different kinds are more and less successful in the promotion of economic development, which he defines as a process in the organization of a society leading not only to higher levels of efficient output but also to a more equitable distribution of benefits. At the time, the four cities compared were the second- and third-largest metropolitan areas in each country, Guadalajara and Monterrey in Mexico, Medellín and Cali in Colombia. This selection allows the author to pair, across countries, cases of early and large-scale industrialization (Monterrey and Medellín) with cases of more recent industrial growth in agricultural-commercial centers (Guadalajara and Cali). Walton presents historical introductions to each of the regions and integrates these with original fieldwork and interviews with more than three hundred members of the political and economic elites. The findings are extensive, but in general they demonstrate that where political and economic power is more broadly distributed, where elites are more open and accessible, and where organizational life is more active and coordinated, regions tend to develop qualitatively as well as quantitatively, showing increases both in productivity and in such benefits as public services, housing, education, and a more balanced distribution of income. If these characteristics are absent, regions may be industrialized but do not provide a broad sharing of the benefits. Walton places a good deal of emphasis on the role of foreign investments, demonstrating that the more penetrated regions are also the less developed. Finally, the results of these studies are used to evaluate and advance theories of underdevelopment and particularly of economic dependency.

Gambling on Development

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Publisher : Oxford University Press, USA
ISBN 13 : 9781805260080
Total Pages : 0 pages
Book Rating : 4.2/5 (6 download)

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Book Synopsis Gambling on Development by : Stefan Dercon

Download or read book Gambling on Development written by Stefan Dercon and published by Oxford University Press, USA. This book was released on 2023-04-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last thirty years, the developing world has undergone tremendous changes. Overall, poverty has fallen, people live longer and healthier lives, and economies have been transformed. And yet many countries have simply missed the boat. Why have some countries prospered, while others have failed? Stefan Dercon argues that the answer lies not in a specific set of policies, but rather in a key development bargain, whereby a country's elites shift from protecting their own positions to gambling on a growth-based future. Despite the imperfections of such bargains, China is among the most striking recent success stories, along with Indonesia and more unlikely places, such as Bangladesh, Ghana and Ethiopia. Gambling on Development is about these winning efforts, in contrast to countries stuck in elite bargains leading nowhere. Building on three decades' experience across forty-odd countries, Dercon winds his narrative through Ebola in Sierra Leone, scandals in Malawi, beer factories in the DRC, mobile phone licences in Mozambique, and relief programs behind enemy lines in South Sudan. Weaving together conversations with prime ministers, civil servants and ordinary people, this is a probing look at how development has been achieved across the world, and how to assist such successes.

The New Power Elite

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Publisher : Anthem Press
ISBN 13 : 1783087897
Total Pages : 482 pages
Book Rating : 4.7/5 (83 download)

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Book Synopsis The New Power Elite by : Alan Shipman

Download or read book The New Power Elite written by Alan Shipman and published by Anthem Press. This book was released on 2018-04-13 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: Elites have always ruled – wielding inordinate power and wealth, taking decisions that shape life for the rest. In good times the ‘1%’ can hide their privilege, or use growing social mobility and economic prosperity as a justification. When times get tougher there’s a backlash. So the first years of the twenty-first century – a time of financial crashes, oligarchy and corruption in the West; persistent poverty in the south; and rising inequality everywhere – have brought elites and ‘establishments’ under unprecedented fire. Yet those swept to power by this discontent are themselves a part of the elite, attacking from within and extending rather than ending its agenda. The New Power Elite shows how major political and social change is typically driven by renegade elite fractions, who co-opt or sideline elites’ traditional enemies. It is the first book to combine the politics, economics, sociology and history of elite rule to present a compact, comprehensive account of who’s at the top, and why we let them get there.

Why Nations Fail

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Publisher : Crown Currency
ISBN 13 : 0307719235
Total Pages : 546 pages
Book Rating : 4.3/5 (77 download)

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Book Synopsis Why Nations Fail by : Daron Acemoglu

Download or read book Why Nations Fail written by Daron Acemoglu and published by Crown Currency. This book was released on 2012-03-20 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Political Capitalism

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Publisher : Cambridge University Press
ISBN 13 : 1108596126
Total Pages : 305 pages
Book Rating : 4.1/5 (85 download)

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Book Synopsis Political Capitalism by : Randall G. Holcombe

Download or read book Political Capitalism written by Randall G. Holcombe and published by Cambridge University Press. This book was released on 2018-07-19 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Problems associated with cronyism, corporatism, and policies that favor the elite over the masses have received increasing attention in recent years. Political Capitalism explains that what people often view as the result of corruption and unethical behavior are symptoms of a distinct system of political economy. The symptoms of political capitalism are often viewed as the result of government intervention in a market economy, or as attributes of a capitalist economy itself. Randall G. Holcombe combines well-established theories in economics and the social sciences to show that political capitalism is not a mixed economy, or government intervention in a market economy, or some intermediate step between capitalism and socialism. After developing the economic theory of political capitalism, Holcombe goes on to explain how changes in political ideology have facilitated the growth of political capitalism, and what can be done to redirect public policy back toward the public interest.

Traps Embraced Or Escaped

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Publisher : World Scientific
ISBN 13 : 9814287520
Total Pages : 277 pages
Book Rating : 4.8/5 (142 download)

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Book Synopsis Traps Embraced Or Escaped by : Carl Mosk

Download or read book Traps Embraced Or Escaped written by Carl Mosk and published by World Scientific. This book was released on 2011 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores economic development in East Asia between 1870 and 1953 in terms of escaping or succumbing to four interrelated traps: demographic; political; economic; and cultural. Demographic traps include Malthusian traps and poor health and longevity (measured by anthropometric indicators and life expectancy). Political traps include both domestic traps — corruption, internal conflict — and external traps, namely geopolitical traps involving foreign powers. Economic traps include poor infrastructure (banks, harbors, roads, railroads, steam shipping, hydroelectric power) or raw materials, or glaring regional variation in per capita income – all significant barriers to industrialization. Cultural traps include restrictions on “permissible knowledge”, and linguistic barriers to the culture of discourse in science and engineering which restrained the absorbing and diffusion of knowledge from foreign sources. Using Japan and China as examples, this book demonstrates how the four types of traps dynamically interact with one another, and how one of the two countries — Japan — was able to escape from the traps earlier than the other country, China. The book also explores the implications of the argument for post-1950 economic development in East Asia.

Local Elites, Political Capital and Democratic Development

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Publisher : Springer Science & Business Media
ISBN 13 : 3531901109
Total Pages : 386 pages
Book Rating : 4.5/5 (319 download)

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Book Synopsis Local Elites, Political Capital and Democratic Development by : Stefan Szücs

Download or read book Local Elites, Political Capital and Democratic Development written by Stefan Szücs and published by Springer Science & Business Media. This book was released on 2007-08-17 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book helps to understand in which ways local governing elites are important for the success or failure of national democratic development. Although we know a great deal about the general importance of civil society and social capital for the development of sustainable democracy, we still know little about what specific local governing qualities or political capital that interact with democratic development. The collected data covers time series of surveys from between 15 to 30 political and administrative leaders in over a hundred middle-sized European and Eurasian cities. The study takes us across the 1980s and 1990s, going from cities in Sweden and the Netherlands - through the Baltic cities - to the cities of Belarus and Russia. The findings show the importance of local political capital based on commitments to core democratic values, informal governance networks, and the significance of initially connecting the community to global, non-economic relationships.

China's New Business Elite

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Publisher : Univ of California Press
ISBN 13 : 0520923146
Total Pages : 218 pages
Book Rating : 4.5/5 (29 download)

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Book Synopsis China's New Business Elite by : Margaret M. Pearson

Download or read book China's New Business Elite written by Margaret M. Pearson and published by Univ of California Press. This book was released on 2023-09-01 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transition from a planned to a market economy that began in China in the late 1970s unleashed an extraordinary series of changes, including increases in private enterprise, foreign investment, the standard of living, and corruption. Another result of economic reform has been the creation of a new class—China's new business elite. Margaret M. Pearson considers the impact that this new class is having on China's politics. She concludes that, contrary to the assumptions of Westerners, these groups are not at the forefront of the emergence of a civil society; rather, they are part of a system shaped deliberately by the Chinese state to ensure that economic development will not lead to democratization.

A Theory of Global Capitalism

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Publisher : JHU Press
ISBN 13 : 9780801879272
Total Pages : 234 pages
Book Rating : 4.8/5 (792 download)

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Book Synopsis A Theory of Global Capitalism by : William I. Robinson

Download or read book A Theory of Global Capitalism written by William I. Robinson and published by JHU Press. This book was released on 2004-03-12 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sure to stir controversy and debate, A Theory of Global Capitalism will be of interest to sociologists and economists alike.

Big Capital in an Unequal World

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Publisher : Berghahn Books
ISBN 13 : 1789206170
Total Pages : 206 pages
Book Rating : 4.7/5 (892 download)

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Book Synopsis Big Capital in an Unequal World by : Rosita Armytage

Download or read book Big Capital in an Unequal World written by Rosita Armytage and published by Berghahn Books. This book was released on 2020-01-10 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inside the hidden lives of the global “1%”, this book examines the networks, social practices, marriages, and machinations of Pakistan’s elite. Benefitting from rare access and keen analytical insight, Rosita Armytage’s rich study reveals the daily, even mundane, ways in which elites contribute to and shape the inequality that characterizes the modern world. Operating in a rapidly developing economic environment, the experience of Pakistan’s wealthiest and most powerful members contradicts widely held assumptions that economic growth is leading to increasingly impersonalized and globally standardized economic and political structures.

Superclass

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Publisher : Farrar, Straus and Giroux
ISBN 13 : 1429943998
Total Pages : 412 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis Superclass by : David Rothkopf

Download or read book Superclass written by David Rothkopf and published by Farrar, Straus and Giroux. This book was released on 2008-03-18 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each of them is one in a million. They number six thousand on a planet of six billion. They run our governments, our largest corporations, the powerhouses of international finance, the media, world religions, and, from the shadows, the world's most dangerous criminal and terrorist organizations. They are the global superclass, and they are shaping the history of our time. Today's superclass has achieved unprecedented levels of wealth and power. They have globalized more rapidly than any other group. But do they have more in common with one another than with their own countrymen, as nationalist critics have argued? They control globalization more than anyone else. But has their influence fed the growing economic and social inequity that divides the world? What happens behind closeddoor meetings in Davos or aboard corporate jets at 41,000 feet? Conspiracy or collaboration? Deal-making or idle self-indulgence? What does the rise of Asia and Latin America mean for the conventional wisdom that shapes our destinies? Who sets the rules for a group that operates beyond national laws? Drawn from scores of exclusive interviews and extensive original reporting, Superclass answers all of these questions and more. It draws back the curtain on a privileged society that most of us know little about, even though it profoundly affects our everyday lives. It is the first in-depth examination of the connections between the global communities of leaders who are at the helm of every major enterprise on the planet and control its greatest wealth. And it is an unprecedented examination of the trends within the superclass, which are likely to alter our politics, our institutions, and the shape of the world in which we live.

Elites, Minorities and Economic Growth

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Publisher : Emerald Group Publishing
ISBN 13 : 9780444828484
Total Pages : 255 pages
Book Rating : 4.8/5 (284 download)

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Book Synopsis Elites, Minorities and Economic Growth by : Elise S. Brezis

Download or read book Elites, Minorities and Economic Growth written by Elise S. Brezis and published by Emerald Group Publishing. This book was released on 1999 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hardbound. This book examines the relationship between elites, minorities, and economic growth. The novelty of the book lies in its focus on the interaction between social and economic changes during economic growth. This is an undeveloped subject because it crosses disciplinary lines. The first part of the book contains essays on the role of economic and political elites in America, Europe and the Middle East. The second part of the book contains essays on the role of minorities in past and present industrialization in Europe and Asia. And the final part contains more theoretical approaches that build on the historical essays earlier in the volume.Elites, Minorities and Economic Growth is particularly useful for macroeconomists interested in economic growth, economic historians, sociologists interested in elites, minorities and social mobility and historians of industrialization and economic growth.

Authoritarianism and the Elite Origins of Democracy

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Author :
Publisher : Cambridge University Press
ISBN 13 : 110819642X
Total Pages : 326 pages
Book Rating : 4.1/5 (81 download)

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Book Synopsis Authoritarianism and the Elite Origins of Democracy by : Michael Albertus

Download or read book Authoritarianism and the Elite Origins of Democracy written by Michael Albertus and published by Cambridge University Press. This book was released on 2018-01-25 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that - in terms of institutional design, the allocation of power and privilege, and the lived experiences of citizens - democracy often does not restart the political game after displacing authoritarianism. Democratic institutions are frequently designed by the outgoing authoritarian regime to shield incumbent elites from the rule of law and give them an unfair advantage over politics and the economy after democratization. Authoritarianism and the Elite Origins of Democracy systematically documents and analyzes the constitutional tools that outgoing authoritarian elites use to accomplish these ends, such as electoral system design, legislative appointments, federalism, legal immunities, constitutional tribunal design, and supermajority thresholds for change. The study provides wide-ranging evidence for these claims using data that spans the globe and dates from 1800 to the present. Albertus and Menaldo also conduct detailed case studies of Chile and Sweden. In doing so, they explain why some democracies successfully overhaul their elite-biased constitutions for more egalitarian social contracts.