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Political Implications Of Economic Change
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Book Synopsis Making Politics Work for Development by : World Bank
Download or read book Making Politics Work for Development written by World Bank and published by World Bank Publications. This book was released on 2016-07-14 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments fail to provide the public goods needed for development when its leaders knowingly and deliberately ignore sound technical advice or are unable to follow it, despite the best of intentions, because of political constraints. This report focuses on two forces—citizen engagement and transparency—that hold the key to solving government failures by shaping how political markets function. Citizens are not only queueing at voting booths, but are also taking to the streets and using diverse media to pressure, sanction and select the leaders who wield power within government, including by entering as contenders for leadership. This political engagement can function in highly nuanced ways within the same formal institutional context and across the political spectrum, from autocracies to democracies. Unhealthy political engagement, when leaders are selected and sanctioned on the basis of their provision of private benefits rather than public goods, gives rise to government failures. The solutions to these failures lie in fostering healthy political engagement within any institutional context, and not in circumventing or suppressing it. Transparency, which is citizen access to publicly available information about the actions of those in government, and the consequences of these actions, can play a crucial role by nourishing political engagement.
Book Synopsis Institutions, Institutional Change and Economic Performance by : Douglass C. North
Download or read book Institutions, Institutional Change and Economic Performance written by Douglass C. North and published by Cambridge University Press. This book was released on 1990-10-26 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.
Book Synopsis The Political Process and Economic Change by : Bruno S. Frey
Download or read book The Political Process and Economic Change written by Bruno S. Frey and published by Algora Publishing. This book was released on 2007 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, 10 international scholars examine the complex relationship between the economy and the polity from a scientific rather than an ideological point of view. In so doing, they present an overview of the exciting new work now being done, the main ideas and controversies now prevalent, and the new approaches to the study of political economy now being pursued.
Book Synopsis Before and Beyond Divergence by : Jean-Laurent Rosenthal
Download or read book Before and Beyond Divergence written by Jean-Laurent Rosenthal and published by Harvard University Press. This book was released on 2011-04 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why did sustained economic growth arise in Europe rather than in China? The authors combine economic theory and historical evidence to argue that political processes drove the economic divergence between the two world regions, with continued consequences today that become clear in this innovative account.
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 Economic, Social and Political Elements of Climate Change by : Walter Leal Filho
Download or read book The Economic, Social and Political Elements of Climate Change written by Walter Leal Filho and published by Springer Science & Business Media. This book was released on 2010-11-23 with total page 860 pages. Available in PDF, EPUB and Kindle. Book excerpt: A unique feature of this book is its strong practice-oriented nature: it contains a wide range of papers dealing with the social, economic and political aspects of climate change, exemplifying the diversity of approaches to climate change management taking place all over the world, in a way never seen before. In addition, the book describes a number of projects and other initiatives happening in Africa, Asia, Europe, Latin American and the Australasian region, providing a profile of the diversity of works taking place today.
Book Synopsis Understanding the Process of Economic Change by : Douglass C. North
Download or read book Understanding the Process of Economic Change written by Douglass C. North and published by Princeton University Press. This book was released on 2010-04-19 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this landmark work, a Nobel Prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institutions that support markets. As he showed in two now classic books that inspired the New Institutional Economics (today a subfield of economics), property rights and transaction costs are fundamental determinants. Here, North explains how different societies arrive at the institutional infrastructure that greatly determines their economic trajectories. North argues that economic change depends largely on "adaptive efficiency," a society's effectiveness in creating institutions that are productive, stable, fair, and broadly accepted--and, importantly, flexible enough to be changed or replaced in response to political and economic feedback. While adhering to his earlier definition of institutions as the formal and informal rules that constrain human economic behavior, he extends his analysis to explore the deeper determinants of how these rules evolve and how economies change. Drawing on recent work by psychologists, he identifies intentionality as the crucial variable and proceeds to demonstrate how intentionality emerges as the product of social learning and how it then shapes the economy's institutional foundations and thus its capacity to adapt to changing circumstances. Understanding the Process of Economic Change accounts not only for past institutional change but also for the diverse performance of present-day economies. This major work is therefore also an essential guide to improving the performance of developing countries.
Book Synopsis The American Political Economy by : Jacob S. Hacker
Download or read book The American Political Economy written by Jacob S. Hacker and published by Cambridge University Press. This book was released on 2021-11-11 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.
Book Synopsis Society, Politics & Economic Development by : Irma Adelman
Download or read book Society, Politics & Economic Development written by Irma Adelman and published by Johns Hopkins University Press. This book was released on 1967 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of aspects of economic development in developing countries - covers political aspects, social change, patterns of economic growth, efficiency in government and public administration, etc., and includes the research methods and statistical methods used in the study. Bibliography pp. 293 to 297.
Book Synopsis Global Political Economy by : Robert G. Gilpin
Download or read book Global Political Economy written by Robert G. Gilpin and published by Princeton University Press. This book was released on 2011-08-29 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the eagerly awaited successor to Robert Gilpin's 1987 The Political Economy of International Relations, the classic statement of the field of international political economy that continues to command the attention of students, researchers, and policymakers. The world economy and political system have changed dramatically since the 1987 book was published. The end of the Cold War has unleashed new economic and political forces, and new regionalisms have emerged. Computing power is increasingly an impetus to the world economy, and technological developments have changed and are changing almost every aspect of contemporary economic affairs. Gilpin's Global Political Economy considers each of these developments. Reflecting a lifetime of scholarship, it offers a masterful survey of the approaches that have been used to understand international economic relations and the problems faced in the new economy. Gilpin focuses on the powerful economic, political, and technological forces that have transformed the world. He gives particular attention to economic globalization, its real and alleged implications for economic affairs, and the degree to which its nature, extent, and significance have been exaggerated and misunderstood. Moreover, he demonstrates that national policies and domestic economies remain the most critical determinants of economic affairs. The book also stresses the importance of economic regionalism, multinational corporations, and financial upheavals. Gilpin integrates economic and political analysis in his discussion of "global political economy." He employs the conventional theory of international trade, insights from the theory of industrial organization, and endogenous growth theory. In addition, ideas from political science, history, and other disciplines are employed to enrich understanding of the new international economic order. This wide-ranging book is destined to become a landmark in the field.
Book Synopsis One Road to Riches? by : Haakon Gjerløw
Download or read book One Road to Riches? written by Haakon Gjerløw and published by Cambridge University Press. This book was released on 2022-04-07 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building effective state institutions before introducing democracy is widely presumed to improve different development outcomes. Conversely, proponents of this “stateness-first” argument anticipate that democratization before state building yields poor development outcomes. In this Element, we discuss several strong assumptions that (different versions of) this argument rests upon and critically evaluate the existing evidence base. In extension, we specify various observable implications. We then subject the stateness-first argument to multiple tests, focusing on economic growth as an outcome. First, we conduct historical case studies of two countries with different institutional sequencing histories, Denmark and Greece, and assess the stateness-first argument (e.g., by using a synthetic control approach). Thereafter, we draw on an extensive global sample of about 180 countries, measured across 1789–2019 and leverage panel regressions, preparametric matching, and sequence analysis to test a number of observable implications. Overall, we find little evidence to support the stateness-first argument.
Book Synopsis Political Responses to Economic Change by : William Patrick Marble
Download or read book Political Responses to Economic Change written by William Patrick Marble and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The three papers comprising this dissertation investigate how economic conditions affect American politics. I pay particular attention to the politics of individual issue areas, drawing on theory from political economy and public opinion research. In the first paper, I address growing realignment along educational lines in American politics. Just as the returns to a college degree have increased in recent decades, the voting behavior of those with and without college degrees has changed. Working class white voters -- long a key Democratic constituency -- have turned to the Republican Party in recent decades. Meanwhile, the Democratic Party increasingly draws its support from college-educated white voters and racial minorities. Using survey data from 1984 to 2020 and an issue voting framework, I show that this realignment corresponds with three trends. First, while college-educated white voters have long been more liberal on cultural issues, they are now also more liberal than those without college degrees on issues of redistribution. Across a variety of issues, college-educated voters now stand to the left of the working class, pushing them toward the Democratic Party. Second, I exploit variation in local labor markets to show that growing income inequality between college- and non-college workers has contributed to the leftward economic shift of college-educated voters. Third, since the early 2000s, non-college voters have come to base their votes on cultural issues to the same degree as college-educated voters. For decades, cultural issues have pushed college-educated voters towards Democrats; however, only in recent years have those issues pushed non-college voters toward Republicans. In sum, the educational realignment among white voters is due to increasingly liberalism among the college-educated and an increased salience of cultural issues for those without college degrees. This finding has implications for the politics of redistribution, fiscal policy, and populism. In the second paper, I investigate the effect that local economic conditions have on candidates' campaign messaging. While local economies are diverging, political behavior appears to have nationalized -- potentially presenting an accountability problem if politicians are not responsive to the conditions within their districts. I draw on televised campaign advertisements to measure the issues that congressional candidates prioritize in their campaigns, and relate them to local labor market conditions. Despite growing political nationalization, I find that candidates are responsive to the economic conditions that their constituents face. Candidates in high-unemployment areas focus their campaigns on jobs and employment, while decreasing emphasis on the safety net. The magnitude of these effects varies by party in a way consistent with strategic issue emphasis. These findings suggest that economic geography helps to constrain political nationalization. The final paper, co-authored with Clayton Nall, studies the politics of local housing development -- a policy area made more important by rising geographic inequality. In high-opportunity metro areas -- which are often liberal on matters of national politics -- local political constraints on housing construction increase home prices. This affordability problem benefits current homeowners at the expense of lower-income renters, who may be priced out of the nation's most productive regions. We investigate the cross-pressuring that liberal homeowners may experience on matters of local land use. We find that self-interest, rather than ideology, structures citizens' attitudes toward building more housing. Liberal homeowners tend to oppose housing development, even when reminded of the benefits for poorer families. In contrast, renters of all political orientations show much higher support for new housing construction. This finding suggests that local governments, which are often beholden to incumbent homeowners, are unlikely to solve the affordability crisis on their own. Moreover, it suggests that public opinion over local policies -- which often present large, easily identifiable consequences -- do not map neatly onto national-level political ideology.
Book Synopsis Culture and Politics in Economic Development by : Volker Bornschier
Download or read book Culture and Politics in Economic Development written by Volker Bornschier and published by Routledge. This book was released on 2005-02-15 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this important book, pre-eminent economic sociologist Volker Bornschier analyzes growth and development in the Old and New Worlds - the so-called 'developed' countries. He shows how sociological and political factors have a massive impact on economic change in those countries. The book is a significant contribution to the burgeoning literature on social capital, trust and democracy and will be of interest to those in the fields of economics, sociology, politics and development studies.
Book Synopsis China's Political Economy in Modern Times by : Kent G Deng
Download or read book China's Political Economy in Modern Times written by Kent G Deng and published by Routledge. This book was released on 2011-10-04 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes an important contribution to the study of changes in China’s institutions and their impact on the national economy as well as ordinary people’s daily material life from 1800 to 2000. Kent Deng reveals China’s mega-cycle of prosperity-poverty-prosperity without the usual attribution to the 1840 Opium War, or the alleged population pressure, class struggle and oriental despotism. The book challenges the conventional view on ‘rebellions’, ‘revolutions’ and their alleged motivations and outcomes. Its findings separate commonly circulated myth with reality based on solid evidence and careful evaluation. The benchmark used by the author is people’s entitlement and mundane day-to-day material well being, instead of the stereotype of aggregates of industrial hardware and national GDP. China’s Political economy in Modern Times proves that state-building was the prime mover in China’s modern history. Contrary to the popular belief in mass movement, Deng shows convincingly that changes were in most cases imposed by a minority with external help. Therefore, the quality of the state was unpredictable, seen from the anti-state that cost lives and economic growth. This book will be of interest to students and scholars of Chinese Politics, Chinese Economics, Chinese History, and Political Economy.
Book Synopsis Political and Socio-economic Change by : John R. Deni
Download or read book Political and Socio-economic Change written by John R. Deni and published by Department of the Army. This book was released on 2014 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dramatic political, economic, and social changes across both the Greater Middle East and Latin America over the last several years--in some instances revolutionary, in others evolutionary--have had profound implications for global security generally and U.S. security specifically. Policymakers in Washington are hence confronted with the issue of how to respond to the various changes in these disparate regions in order to safeguard U.S. interests, promote Western values, and shape the security environment into the future. Whether and to what degree U.S. policymakers can influence the unfolding changes and shape outcomes remains to be seen. But if Washington is to achieve success in this regard though, it will likely only be possible through the skillful employment of a variety of policymaking tools, including development, diplomacy, and defense. The authors assess the changes across these two important regions, outline the implications for U.S. security and specifically for the U.S. military, and offer policy recommendations for the way forward. Related products: Global Trends: 2030: Alternative Worlds can be found here: https: //bookstore.gpo.gov/products/sku/041-015-00287-2 Global Trends: Paradox of Progress is available here: https: //bookstore.gpo.gov/products/sku/041-015-00329-1 Strengthening Statehood Capabilities for Successful Transitions in the Middle East/North Africa Region is available here: https: //bookstore.gpo.gov/products/sku/008-000-01145-1 Africa and the Arab Spring: A New Era of Democratic Expectations is available here: https: //bookstore.gpo.gov/products/sku/008-020-01642-0
Book Synopsis Inequality, Democracy, and Economic Development by : Manus I. Midlarsky
Download or read book Inequality, Democracy, and Economic Development written by Manus I. Midlarsky and published by Cambridge University Press. This book was released on 1997-12-04 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the sources of democracy, the relationship between economic development and thresholds of democracy, and responses to democratization.
Book Synopsis Combining Economic and Political Development by : Giacomo Luciani
Download or read book Combining Economic and Political Development written by Giacomo Luciani and published by BRILL. This book was released on 2017-01-23 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2011, democratic transitions in the Middle East and North Africa have mostly failed to consolidate and have been hindered by the difficult economic heritage of previous authoritarian governments. Yet newly established democratic governments must deliver on the expectations of their people, especially the poorer strata, otherwise disillusionment may open the door to restoration of authoritarian rule. Can democracy succeed? Various ideas for economic policies that may help consolidate the early democratisation process are proposed in this volume, while major obstacles on the way to democratic success are also highlighted. Contributors include: Alissa Amico, Laura El-Katiri, Philippe Fargues, Bassam Fattouh, Steffen Hertog, Giacomo Luciani, Samir Makdisi, Adeel Malik, Bassem Snaije, Robert Springborg, and Eckart Woertz.
