Fair And Inclusive Markets Why Dynamism Matters

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Fair and Inclusive Markets: Why Dynamism Matters

Author : Philippe Aghion
Publisher : International Monetary Fund
ISBN 13 : 1513568663
Total Pages : 22 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Fair and Inclusive Markets: Why Dynamism Matters by : Philippe Aghion

Download or read book Fair and Inclusive Markets: Why Dynamism Matters written by Philippe Aghion and published by International Monetary Fund. This book was released on 2021-02-05 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: We show empirical evidence that there may not be a tradeoff between market income inequality and high sustained growth, which is key for poverty alleviation. We argue that the economies that achieved high sustained growth and low market income inequality are characterized by dynamism—a drive toward sophisticated export industries, innovation, and creative destruction and a high level of competition. What a country produces and how much it competes domestically and internationally are important for achieving fair and inclusive markets. We explore policy options to steer industrial and market structures toward providing growth opportunities for both workers and firms.

OECD Economic Surveys: Viet Nam 2023

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264960155
Total Pages : 139 pages
Book Rating : 4.2/5 (649 download)

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Book Synopsis OECD Economic Surveys: Viet Nam 2023 by : OECD

Download or read book OECD Economic Surveys: Viet Nam 2023 written by OECD and published by OECD Publishing. This book was released on 2023-04-26 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: Viet Nam has made remarkable economic progress over the past decades, sustaining high economic growth. The economy has also proven resilient to shocks, including the COVID-19 pandemic.

Promoting Inclusive Growth in the Middle East and North Africa

Author : Mr. Roberto Cardarelli
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 150 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Promoting Inclusive Growth in the Middle East and North Africa by : Mr. Roberto Cardarelli

Download or read book Promoting Inclusive Growth in the Middle East and North Africa written by Mr. Roberto Cardarelli and published by International Monetary Fund. This book was released on 2022-10-11 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite some pre-pandemic gains in poverty reduction, literacy, and lifespans, many economies in the Middle East and North Africa (MENA) have struggled to ensure that the benefits of economic development and diversification accrue equitably to all segments of their populations. Among the main issues that remain unresolved are the high share of inactive youth (who are not engaged in employment, education, or training); large gaps in economic opportunities for women; fragmented social protection systems; and underdeveloped private sectors with tight regulation, absence of a level playing field, and limited access to credit that stifle the creation of new firms and growth, employment, and incomes. The COVID-19 pandemic not only risks wiping out some of the progress made in the region over the past decades, but could also exacerbate inequality in a durable way. There is evidence that the impact of the pandemic has been uneven across groups, with the recession having a disproportionate effect on the low-skilled, the young, women, and migrant workers in employment and incomes. With widespread inequality, high unemployment, and the expected entry of 27 million young people into the labor force over the next 10 years, countries across the MENA region need to evolve their economic models to boost job creation and make sure that the benefits of economic development are shared more widely among all their citizens. This book’s objective is to reassess the inclusive growth agenda in the MENA region in light of the rapidly changing pandemic-influenced world. It argues that countries need to embrace global trade and technological advances and evolving demographics at home as an opportunity to successfully implement policies that foster higher and more inclusive growth. It underscores that a return to the old social contract is neither desirable nor feasible. The book presents a comprehensive view of policies suited to the regional context that would boost job-rich and inclusive growth within a resilient macroeconomic policy framework. Its goal is to provide guidance to policymakers in the region to frame how best to promote inclusive growth, including in their engagement with all stakeholders.

The Political Economy of Inclusive Growth: A Review

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1513574183
Total Pages : 40 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis The Political Economy of Inclusive Growth: A Review by : International Monetary Fund

Download or read book The Political Economy of Inclusive Growth: A Review written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-03-19 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we review the role of the political economy in inclusive growth. We find that political economy forces on the demand and supply side have weakened redistribution over time and contributed to a new wave of populism. We document growing support for a rethink of the social contract to make growth more inclusive and discuss some of its broad elements.

How to Achieve Inclusive Growth

Author : Valerie Cerra
Publisher : Oxford University Press
ISBN 13 : 0192846930
Total Pages : 901 pages
Book Rating : 4.1/5 (928 download)

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Book Synopsis How to Achieve Inclusive Growth by : Valerie Cerra

Download or read book How to Achieve Inclusive Growth written by Valerie Cerra and published by Oxford University Press. This book was released on 2022-01-22 with total page 901 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These issues are intertwined. They therefore require a holistic framework to examine their interplay and bring the various strands together. Leading academic economists have partnered with experts from several international institutions to explain the sources and scale of these challenges. They gather a wide array of empirical evidence and country experiences to lay out practical policy solutions and to devise a comprehensive and unified plan of action for combatting these economic and social disparities. This authoritative book is accessible to policy makers, students, and the general public interested in how to craft a brighter future by building a sustainable, green, and inclusive society in the years ahead.

Knowledge Spillovers From Superstar Tech-Firms: The Case of Nokia

Author : Jyrki Ali-Yrkkö
Publisher : International Monetary Fund
ISBN 13 : 1589065298
Total Pages : 30 pages
Book Rating : 4.5/5 (89 download)

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Book Synopsis Knowledge Spillovers From Superstar Tech-Firms: The Case of Nokia by : Jyrki Ali-Yrkkö

Download or read book Knowledge Spillovers From Superstar Tech-Firms: The Case of Nokia written by Jyrki Ali-Yrkkö and published by International Monetary Fund. This book was released on 2021-10-29 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do workers hired from superstar tech-firms contribute to better firm performance? To address this question, we analyze the effects of tacit knowledge spillovers from Nokia in the context of a quasi-natural experiment in Finland, the closure of Nokia’s mobile device division in 2014 and the massive labor movement it implied. We apply a two-stage difference-in-differences approach with heterogeneous treatment to estimate the causal effects of hiring former Nokia employees. Our results provide new evidence supporting the positive causal role of former Nokia workers on firm performance. The evidence of the positive spillovers on firms is particularly strong in terms of employment and value added.

The Role of Coal in a Sustainable Energy Mix for India

Author : Mritiunjoy Mohanty
Publisher : Taylor & Francis
ISBN 13 : 1000989569
Total Pages : 386 pages
Book Rating : 4.0/5 (9 download)

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Book Synopsis The Role of Coal in a Sustainable Energy Mix for India by : Mritiunjoy Mohanty

Download or read book The Role of Coal in a Sustainable Energy Mix for India written by Mritiunjoy Mohanty and published by Taylor & Francis. This book was released on 2023-09-13 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: As India switches away from a coal-based to a more sustainable energy use pattern, which pathway will it adopt? What is the nature of challenges that it will face, and who will be affected? Who will gain? This volume offers insights into the steps and challenges involved in this transition and addresses some urgent questions about the possible pathways for India’s renewable energy generation. Including contributions from researchers, policymakers, and practitioners, it draws on different disciplines, ranging from science and technology to economics and sociology, and situates the issue of low carbon transition within an interdisciplinary framework. India has committed to gradual decarbonisation of its economy. This book takes this as its starting point and uses a wide-angle lens, incorporating macro as well as micro views, to understand the possible next steps as well as trade-offs that will inevitably be posed. It incorporates the perspectives of all stakeholders ranging from central and state governments, public and private sector firms, on the one hand, to individuals and local communities, on the other, to explore their role in the transition, their interests, and how these will change and evolve. This timely volume will be of interest to students and researchers of environmental studies, development studies, environmental economics, political studies, and Asian studies. It will also be useful to academics, practitioners, and policymakers working on issues related to climate change, sustainable development, energy policy and economics,and public policy.

Industrial Policy for Growth and Diversification: A Conceptual Framework

Author : Reda Cherif
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Industrial Policy for Growth and Diversification: A Conceptual Framework by : Reda Cherif

Download or read book Industrial Policy for Growth and Diversification: A Conceptual Framework written by Reda Cherif and published by International Monetary Fund. This book was released on 2022-09-30 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: As countries strive for a strong recovery and to recoup the losses incurred during the COVID-19 pandemic, they need to map out a new path for development and high and sustained growth. Promoting diversification, developing new industrial capabilities, and designing the policies needed to achieve this goal should be a priority. A successful diversification strategy should tackle both broad policy failures, such as an unfavorable business environment and investment climate and sector-specific market failures. This departmental paper presents a conceptual framework to analyze industrial policy, defined as targeted sectoral interventions. The authors first discuss the key principles that should guide policymakers, that is, a focus on the market failures that could justify targeted sectoral interventions, as well as the potential government failures that can undermine these interventions. The authors then discuss some commonly employed policy tools, their rationale, and the associated pitfalls. Finally, the authors outline a stylized decision-making framework.

The Pitfalls of Protectionism: Import Substitution Vs. Export-Oriented Industrial Policy

Author : Reda Cherif
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 41 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis The Pitfalls of Protectionism: Import Substitution Vs. Export-Oriented Industrial Policy by : Reda Cherif

Download or read book The Pitfalls of Protectionism: Import Substitution Vs. Export-Oriented Industrial Policy written by Reda Cherif and published by International Monetary Fund. This book was released on 2024-04-26 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policies pursued in many developing countries in the 1950s-1970s largely failed while the industrial policies of the Asian Miracles succeeded. We argue that a key factor of success is industrial policy with export orientation in contrast to import substitution. Exporting encouraged competition, economies of scale, innovation, and local integration and provided market signals to policymakers. Even in a large market such as India, import substitution policies in the automotive industry failed because of micromanagement and misaligned incentives. We also analyze the risk tradeoffs involved in various industrial policy strategies and their implications on the 21st century industrial policies. While state interventions may be needed to develop some new capabilities and industries, trade protectionism is neither a necessary nor a sufficient tool and will most likely be counterproductive.

Inclusive Growth

Author : Rahul Anand
Publisher : International Monetary Fund
ISBN 13 : 1484369793
Total Pages : 27 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Inclusive Growth by : Rahul Anand

Download or read book Inclusive Growth written by Rahul Anand and published by International Monetary Fund. This book was released on 2013-05-30 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: We estimate a unified measure of inclusive growth for emerging markets by integrating their economic growth performance and income distribution outcomes, using data over three decades. Country distributions are calibrated by combining PPP GDP per capita and income distribution from survey data. We apply the microeconomic concept of a social mobility function at the macroeconomic level to measure inclusive growth that is closer to the absolute definition of pro-poor growth. This dynamic measure permits us to focus on inequality as well as distinguish between countries where per capita income growth was the same for the top and the bottom of the income pyramid, by accounting for the pace of growth. Our results indicate that macroeconomic stability, human capital, and structural changes are foundations for achieving inclusive growth. The role of globalization could also be positive with foreign direct investment and trade openess fostering greater inclusiveness, while financial deepening and technological change have no discernible effect.

Causes and Consequences of Income Inequality

Author : Ms. Era Dabla-Norris
Publisher : International Monetary Fund
ISBN 13 : 1513547437
Total Pages : 33 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Causes and Consequences of Income Inequality by : Ms. Era Dabla-Norris

Download or read book Causes and Consequences of Income Inequality written by Ms. Era Dabla-Norris and published by International Monetary Fund. This book was released on 2015-06-15 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Marketing Dynamism & Sustainability: Things Change, Things Stay the Same...

Author : Leroy Robinson, Jr.
Publisher : Springer
ISBN 13 : 331910912X
Total Pages : 882 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Marketing Dynamism & Sustainability: Things Change, Things Stay the Same... by : Leroy Robinson, Jr.

Download or read book Marketing Dynamism & Sustainability: Things Change, Things Stay the Same... written by Leroy Robinson, Jr. and published by Springer. This book was released on 2014-11-05 with total page 882 pages. Available in PDF, EPUB and Kindle. Book excerpt: Founded in 1971, the Academy of Marketing Science is an international organization dedicated to promoting timely explorations of phenomena related to the science of marketing in theory, research, and practice. Among its services to members and the community at large, the Academy offers conferences, congresses and symposia that attract delegates from around the world. Presentations from these events are published in this Proceedings series, which offers a comprehensive archive of volumes reflecting the evolution of the field. Volumes deliver cutting-edge research and insights, complimenting the Academy’s flagship journals, the Journal of the Academy of Marketing Science (JAMS) and AMS Review. Volumes are edited by leading scholars and practitioners across a wide range of subject areas in marketing science. This volume includes the full proceedings from the 2012 Academy of Marketing Science (AMS) Annual Conference held in New Orleans, Louisiana, entitled Marketing Dynamism & Sustainability: Things Change, Things Stay the Same.

The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy

Author : Reda Cherif
Publisher : International Monetary Fund
ISBN 13 : 1498305563
Total Pages : 79 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy by : Reda Cherif

Download or read book The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy written by Reda Cherif and published by International Monetary Fund. This book was released on 2019-03-26 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the success of the Asian Miracles with industrial policy stands as an uncomfortable story that many ignore or claim it cannot be replicated. Using a theory and empirical evidence, we argue that one can learn more from miracles than failures. We suggest three key principles behind their success: (i) the support of domestic producers in sophisticated industries, beyond the initial comparative advantage; (ii) export orientation; and (iii) the pursuit of fierce competition with strict accountability.

Development Centre Studies Can Social Protection Be an Engine for Inclusive Growth?

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264573712
Total Pages : 99 pages
Book Rating : 4.2/5 (645 download)

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Book Synopsis Development Centre Studies Can Social Protection Be an Engine for Inclusive Growth? by : OECD

Download or read book Development Centre Studies Can Social Protection Be an Engine for Inclusive Growth? written by OECD and published by OECD Publishing. This book was released on 2019-04-24 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: The potential role of social protection in the development process has received heightened recognition in recent years, yet making a strong investment case for social protection remains particularly challenging in many emerging and developing countries. This report challenges us to think deeply about the economic rationale for social protection investments through an inclusive development lens. It helps us understand the links between social protection, growth and inequality; how to measure those links empirically; social protection’s impact on inclusive growth; and how to build a more solid economic case for greater social protection investments.

Achieving Sustainable Development and Promoting Development Cooperation

Author : Department of Economic & Social Affairs
Publisher : United Nations Publications
ISBN 13 : 9789211045871
Total Pages : 295 pages
Book Rating : 4.0/5 (458 download)

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Book Synopsis Achieving Sustainable Development and Promoting Development Cooperation by : Department of Economic & Social Affairs

Download or read book Achieving Sustainable Development and Promoting Development Cooperation written by Department of Economic & Social Affairs and published by United Nations Publications. This book was released on 2008 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an overview of the key debates that took place during the Economic and Social Council meetings at the 2007 High-level Segment, at which ECOSOC organized its first biennial Development Cooperation Forum. The discussions also revolved around the theme of the second Annual Ministerial Review, "Implementing the internationally agreed goals and commitments in regard to sustainable development."--P. 4 of cover.

Being Fair, Faring Better

Author : Roberta Gatti
Publisher : World Bank Publications
ISBN 13 : 1464806195
Total Pages : 232 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Being Fair, Faring Better by : Roberta Gatti

Download or read book Being Fair, Faring Better written by Roberta Gatti and published by World Bank Publications. This book was released on 2016-02-05 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Central and Eastern European countries, inequalities for Roma families living in marginalized communities start early and are striking. Some of these inequalities reflect hard-wired family circumstances such as being born in poverty. Others reflect lack of opportunities such as limited access to those basic goods and services that are necessary not only for realizing one's potential in life, but also for living with dignity. Gaps between Roma and non-Roma widen over the lifecycle in a way that reinforces and perpetuates disadvantage and translates into significantly unequal outcomes, despite the fact that Roma report having similar aspirations to those of their non-Roma neighbors. Promoting equal opportunities for disadvantaged Roma is not only an imperative for societies that want to call themselves fair, but it is also a smart economic choice, especially in those countries where populations are aging rapidly. Investing early, with a particular emphasis on supporting healthy and cognitive development for disadvantaged Roma children, is likely to go a long way in promoting fair chances. However, leveling the playing field in childhood is likely not enough: disadvantaged Roma continue being exposed to unequal opportunities at key nodes in their lives, such as when pursuing education or when looking for a job. Therefore, it is as important that a broader set of policies address some of the circumstances in which a large share of Roma children grow up, including access to employment and decent living conditions for their families. Implementing interventions that help overcome these interrelated barriers will require strong ownership at the national level, coordinated policies across different ministries and government levels, and an integrated delivery system that is grounded in approaches that are customized to local conditions and implemented in a participatory manner. Good practices in Europe and elsewhere show that inclusion of the most disadvantaged - including many Roma - is possible and the current programming cycle for European Funds represents a unique opportunity to fund such interventions.

Reducing Inequalities

Author : Rémi Genevey
Publisher : The Energy and Resources Institute (TERI)
ISBN 13 : 8179935302
Total Pages : 272 pages
Book Rating : 4.1/5 (799 download)

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Book Synopsis Reducing Inequalities by : Rémi Genevey

Download or read book Reducing Inequalities written by Rémi Genevey and published by The Energy and Resources Institute (TERI). This book was released on 2013-01-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The reduction of inequalities within and between countries stands as a policy goal, and deserves to take centre stage in the design of the Sustainable Development Goals agreed during the Rio+20 Summit in 2012.The 2013 edition of A Planet for Life represents a unique international initiative grounded on conceptual and strategic thinking, and â€“ most importantly â€“ empirical experiments, conducted on five continents and touching on multiple realities. This unprecedented collection of works proposes a solid empirical approach, rather than an ideological one, to inform future debate.The case studies collected in this volume demonstrate the complexity of the new systems required to accommodate each country's specific economic, political and cultural realities. These systems combine technical, financial, legal, fiscal and organizational elements with a great deal of applied expertise, and are articulated within a clear, well-understood, growth- and job-generating development strategy.Inequality reduction does not occur by decree; neither does it automatically arise through economic growth, nor through policies that equalize incomes downward via ill conceived fiscal policies. Inequality reduction involves a collaborative effort that must motivate all concerned parties, one that constitutes a genuine political and social innovation, and one that often runs counter to prevailing political and economic forces.