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Resource Based Industrialization In The Developing Countries
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Book Synopsis Resource-based Industrialization in the Developing Countries by : Michael Roemer
Download or read book Resource-based Industrialization in the Developing Countries written by Michael Roemer and published by . This book was released on 1978 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Resource Abundance and Economic Development by : R. M. Auty
Download or read book Resource Abundance and Economic Development written by R. M. Auty and published by Oxford University Press. This book was released on 2001-06-28 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1960s the per capita incomes of the resource-poor countries have grown significantly faster than those of the resource-abundant countries. In fact, in recent years economic growth has been inversely proportional to the share of natural resource rents in GDP, so that the small mineral-driven economies have performed least well and the oil-driven economies worst of all. Yet the mineral-driven resource-rich economies have high growth potential because the mineral exportsboost their capacity to invest and to import."Resource Abundance and Economic Development" explains the disappointing performance of resource-abundant countries by extending the growth accounting framework to include natural and social capital. The resulting synthesis identifies two contrasting development trajectories: the competitive industrialization of the resource-poor countries and the staple trap of many resource-abundant countries. The resource-poor countries are less prone to policy failure than the resource-abundant countriesbecause social pressures force the political state to align its interests with the majority poor and follow relatively prudent policies. Resource-abundant countries are more likely to engender political states in which vested interests vie to capture resource surpluses (rents) at the expense of policycoherence. A longer dependence on primary product exports also delays industrialization, heightens income inequality, and retards skill accumulation. Fears of 'Dutch disease' encourage efforts to force industrialization through trade policy to protect infant industry. The resulting slow-maturing manufacturing sector demands transfers from the primary sector that outstrip the natural resource rents and sap the competitiveness of the economy.The chapters in this collection draw upon historical analysis and models to show that a growth collapse is not the inevitable outcome of resource abundance and that policy counts. Malaysia, a rare example of successful resource-abundant development, is contrasted with Ghana, Bolivia, Saudi Arabia, Mexico, and Argentina, which all experienced a growth collapse. The book also explores policies for reviving collapsed economies with reference to Costa Rica, South Africa, Russia and Central Asia. Itdemonstrates the importance of initial conditions to successful economic reform.
Book Synopsis Resource-based Industrialization by : Richard M. Auty
Download or read book Resource-based Industrialization written by Richard M. Auty and published by Oxford University Press, USA. This book was released on 1990 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first cross-country analysis of resource-based industrialization (RBI), a controversial industrialization strategy favored by developing countries in the 1970s. It examines the expectations and the actual experience of RBI in the oil-exporting countries Bahrain, Cameroon, Indonesia, Malaysia, Nigeria, Saudi Arabia, Trinidad and Tobago, and Venezuela. Auty shows that these countries underestimated the risks associated with RBI's large capital-intensive projects and that many RBI plants were poorly implemented and became uncompetitive when prices fell below forecast levels. However, Auty argues, given its long gestation period and link to volatile energy markets, RBI does have considerable long-term potential provided conditions of financial restructuring and macro- and micro-economic efficiency are met. Scholars and students in development economics, and advisers and consultants in and to developing-country governments will find this important analysis covers a variety of country sizes and efficiency constraints, offering a broad range of examples of RBI.
Book Synopsis The Process of Industrial Development and Alternative Development Strategies by : Bela A. Balassa
Download or read book The Process of Industrial Development and Alternative Development Strategies written by Bela A. Balassa and published by . This book was released on 1981 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Do Natural Resource-Based Industrialization Strategies Convey Important (Unrecognized) Price Benefits for Commodity-Exporting Developing Countries? by : Alexander J. Yeats
Download or read book Do Natural Resource-Based Industrialization Strategies Convey Important (Unrecognized) Price Benefits for Commodity-Exporting Developing Countries? written by Alexander J. Yeats and published by World Bank Publications. This book was released on 1991 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Because of the relative shift from primary commodity exports to more processed commodities between the 1960s and the 1980s, most developing countries have experienced less instability in export earnings for agricultural materials, ores, and metals - and more favorable long-term price trends.
Book Synopsis Pathways to Industrialization in the Twenty-First Century by : Adam Szirmai
Download or read book Pathways to Industrialization in the Twenty-First Century written by Adam Szirmai and published by Wider Studies in Development E. This book was released on 2013-02-28 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the importance of industrialization and the development of manufacturing in the economic development process. It focuses specifically on new challenges such as global value chains, the rise of China, climate change, and the role of state versus private sector entrepreneurs in forging appropriate industrial policies.
Book Synopsis Pathways to Industrialization in the Twenty-First Century by : Adam Szirmai
Download or read book Pathways to Industrialization in the Twenty-First Century written by Adam Szirmai and published by OUP Oxford. This book was released on 2013-02-28 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last two centuries, the experiences of the first wave of industrialized countries in Europe and the US, and the more recent experiences of the East Asian Tigers, Indonesia, Malaysia, Thailand, China, India, and Vietnam, have illustrated the transformative nature of industrialization. There are reasons to believe that industrialization will continue to be one of the major engines of growth, transformation, and socioeconomic development. Industrial development enables a more rapid advancement toward developed country living standards. But many challenges remain, and new challenges have arisen. These include: integration into global value chains; the shrinking of policy space in the present international order; the rise of the Asian driver economies; new opportunities provided by resource-based industrialization; the accelerating pace of technological change in manufacturing; how to deal with jobless growth in manufacturing; creating adequate systems of financial intermediation; and how to respond to the threats of global warming and climate change. Under present conditions it may be more difficult than ever for the poorer developing countries to foster industrial development and structural change. They face a more complex, and daunting set of circumstances than the developing countries that embarked on industrialization after 1950. These changing and challenging circumstances require new thinking, and in particular new paradigms to guide researchers, policy makers, and international development organizations in the future. The book includes chapters on the experiences of Africa, Latin America, China, and Indonesia, as wells as thematic chapters on structural change, jobless growth, the evolution of industrial policy, and the challenges of environmental sustainability and climate change. It provides a timely analysis of the circumstances and challenges facing developing countries in industrialization, and offer fresh ideas for new paradigms to carry forward industrial policy in the future.
Author :United Nations Industrial Development Organization. Regional and Country Studies Branch Publisher : ISBN 13 : Total Pages :108 pages Book Rating :4.F/5 ( download)
Book Synopsis Liberia by : United Nations Industrial Development Organization. Regional and Country Studies Branch
Download or read book Liberia written by United Nations Industrial Development Organization. Regional and Country Studies Branch and published by . This book was released on 1988 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Industrial Development Report 2009 by :
Download or read book Industrial Development Report 2009 written by and published by UN. This book was released on 2009-03 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Industrial Development Report is intended to build on development policy experience and contribute to a refinement of the international development agenda. The Report pays special attention to current needs and capabilities in the developing countries in general, and the least developed among them in particular. The 2004 edition addresses the challenges faced by Sub-Saharan African countries in furthering their efforts towards poverty reduction and reaching the Millennium Development Goals.
Book Synopsis The Potential for Resource-based Industrial Development in the Least Developed Countries by :
Download or read book The Potential for Resource-based Industrial Development in the Least Developed Countries written by and published by . This book was released on 1983 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Sustainable Industrialization in Africa by : Banji Oyelaran-Oyeyinka
Download or read book Sustainable Industrialization in Africa written by Banji Oyelaran-Oyeyinka and published by Springer. This book was released on 2016-04-29 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable Industrialization in Africa explores the issues that confront development policy in the context of the MDGs and the post-2015 development agenda from an African perspective. The book argues that development is an ultimate outcome of sustainable, equitable industrialization, and that any development agenda for the future has to ensure that industrialization is fostered in a way that makes economies independent and responsive to the needs of all citizens. Future challenges for sustainable industrialization in Africa, based upon the differences in its current industrialization trajectories, are discussed to ensure that industrial growth results in positive economic and social outcomes in the context of the post-2015 development agenda.
Book Synopsis Foreign Manufacturing Investments in Resource-based Industries by : Mohd. Ismail Ahmad
Download or read book Foreign Manufacturing Investments in Resource-based Industries written by Mohd. Ismail Ahmad and published by Institute of Southeast Asian. This book was released on 1990 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of resource-based industries has featured importantly in the industrialization strategies of both Malaysia and Thailand and there is considerable potential for the further expansion of the industries. This study provides some background details of the Malaysian and Thai economies and examines some of the features of resource-based industries and their current status in the two countries.
Book Synopsis Manufacturing Transformation by : Carol Newman
Download or read book Manufacturing Transformation written by Carol Newman and published by Oxford University Press. This book was released on 2016-07-14 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: While it is possible for economies to grow based on abundant land or natural resources, more often structural change-the shift of resources from low-productivity to high-productivity sectors-is the key driver of economic growth. Structural transformation is vital for Africa. The region's much-lauded growth turnaround since 1995 has been the result of making fewer economic policy mistakes, robust commodity prices, and new discoveries of natural resources. At the same time, Africa's economic structure has changed very little. Primary commodities and natural resources still account for the bulk of the region's exports. Industry is most often the leading driver of structural transformation. Africa's experience with industrialization over the past thirty years has been disappointing. In 2010, sub-Saharan Africa's average share of manufacturing value added in GDP was ten per cent, unchanged from the 1970s. Actually, the share of medium- and high-tech goods in manufacturing production has been falling since the mid-1990s. Per capita manufactured exports are less than ten per cent of the developing country average. Consequently, Africa's industrial transformation has yet to take place. This book presents results of comparative country-based research that sought to answer a seemingly simple but puzzling question: why is there so little industry in Africa? It brings together detailed country case studies of industrial policies and industrialization outcomes in eleven countries, conducted by teams of national researchers in partnership with international experts on industrial development. It provides the reader with the most comprehensive description and analysis available to date of the contemporary industrialization experience in low-income Africa. 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.
Book Synopsis The Potential for Resource-based Industrial Development in the Least Developed Countries by :
Download or read book The Potential for Resource-based Industrial Development in the Least Developed Countries written by and published by . This book was released on 1900 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The World Bank Research Observer by :
Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Making It Big written by Andrea Ciani and published by World Bank Publications. This book was released on 2020-10-08 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.
Book Synopsis Industrial Adjustment in Sub-Saharan Africa by : Gerald M. Meier
Download or read book Industrial Adjustment in Sub-Saharan Africa written by Gerald M. Meier and published by World Bank. This book was released on 1989 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study charts the history and development of the African adjustment to industrialization in East Africa, and examines the input of the World Bank and the African Development Bank.