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Author : William Easterly
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4./5 ( download)
Download or read book The Ghost of Financing Gap written by William Easterly and published by World Bank Publications. This book was released on 1997 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : William Easterly
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book The Ghost of Financing Gap written by William Easterly and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ghost of a long-dead growth model still haunts aid to developing countries. The Harrod-Domar growth model supposedly died long ago. But for more than 40 years, economists working on developing countries have applied- still apply- Harrod-Domar model to calculate short-run investment requirements for a target growth rate. They then calculate a financing gap between the required investment and available resources and often fill the "financing gap" with foreign aid. Easterly traces the intellectual history of how a long-dead model came to influence today's aid allocation to developing countries. He asks whether the model's surprising afterlife is attributable to consistency with the 40 years of data that have accumulated during its use. The answer is "no." This paper-a product of the Development Research Group-is part of a larger effort in the group to study the determinants of economic growth.
Author : William Easterly
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (913 download)
Download or read book The Ghost of Financing Gap: How the Harrod-Domar Growth Model Still Haunts Development Economics written by William Easterly and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: August 1997 The ghost of a long-dead growth model still haunts aid to developing countries. The Harrod-Domar growth model supposedly died long ago. But for more than 40 years, economists working on developing countries have applied- still apply- Harrod-Domar model to calculate short-run investment requirements for a target growth rate. They then calculate a financing gap between the required investment and available resources and often fill the financing gap with foreign aid. Easterly traces the intellectual history of how a long-dead model came to influence today's aid allocation to developing countries. He asks whether the model's surprising afterlife is attributable to consistency with the 40 years of data that have accumulated during its use. The answer is no. This paper-a product of the Development Research Group-is part of a larger effort in the group to study the determinants of economic growth.
Author : Easterly
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)
Download or read book The Ghost of Financing Gap written by Easterly and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Temitope O. Ojo
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4./5 ( download)
Download or read book Estimating financing gaps in rice production in southwestern Nigeria written by Temitope O. Ojo and published by Intl Food Policy Res Inst. This book was released on 2019-11-27 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzed the financing gaps relative to production frontier of rice farmers in Southwestern Nigeria. A multistage sampling technique was used to collect cross sectional data from 360 rice farmers selected from three States in the region. A Cobb-Douglas stochastic frontier and an adapted form of Harrod-Domar (HD) Growth model was employed to determine the financing gap required for the farmers to be at the frontier level. The empirical results of the frontier model show that quantity of labor, quantity of rice as planting material and herbicides were statistically significant in explaining the variations in the efficiency of rice production in Nigeria. However, age, gender, farming experience, household size, access to credit, access to information, adoption of improved variety and location of rice farmers as sources of technical inefficiencies. As revealed by the result of the HD growth model, the average amount of credit per season that farmers had access to was, ₦38,630.56 while the mean financing in the form of credit required to produce at the frontier level was ₦193,626.50, showing a financing shortfall of about 80%. As unravelled by the result of the study, it can thus be concluded that technical efficiency of rice farmers can be improved by improving access to timely credit and agricultural information for improving rice productivity. These findings suggest that filling the financing gap of smallholder rice farmers will improve rice productivity in Nigeria. The study, therefore, recommends that strengthening the existing technology by building farmers’ capacity on farm management practices would be surest means of improving rice productivity growth in Nigeria. This would not only contribute to the intensification of rice production in Nigeria to meet its increasing rice demand, but also improve rice farmers’ productivity and their households’ incomes.
Author : Thilak Ranaweera
Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (318 download)
Download or read book Foreign Aid, Conditionality, and Ghost of the Financing Gap written by Thilak Ranaweera and published by . This book was released on 2003 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Daniel Susskind
Publisher : Harvard University Press
ISBN 13 : 0674294491
Total Pages : 305 pages
Book Rating : 4.6/5 (742 download)
Download or read book Growth written by Daniel Susskind and published by Harvard University Press. This book was released on 2024 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Daniel Susskind traces the rich, surprisingly brief history of economic growth and responds to its ills. We cannot focus only on growth's upsides, but nor is degrowth a viable policy: the benefits of prosperity are too great to discard. Instead we must face tradeoffs, demoting growth from our top priority and reckoning with its moral challenges.
Author : Robert L. Tignor
Publisher : Princeton University Press
ISBN 13 : 0691202613
Total Pages : 329 pages
Book Rating : 4.6/5 (912 download)
Download or read book W. Arthur Lewis and the Birth of Development Economics written by Robert L. Tignor and published by Princeton University Press. This book was released on 2020-06-23 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: W. Arthur Lewis was one of the foremost intellectuals, economists, and political activists of the twentieth century. In this book, the first intellectual biography of Lewis, Robert Tignor traces Lewis's life from its beginnings on the small island of St. Lucia to Lewis's arrival at Princeton University in the early 1960s. A chronicle of Lewis's unfailing efforts to promote racial justice and decolonization, it provides a history of development economics as seen through the life of one of its most important founders. If there were a record for the number of "firsts" achieved by one man during his lifetime, Lewis would be a contender. He was the first black professor in a British university and also at Princeton University and the first person of African descent to win a Nobel Prize in a field other than literature or peace. His writings, which included his book The Theory of Economic Growth, were among the first to describe the field of development economics. Quickly gaining the attention of the leadership of colonized territories, he helped develop blueprints for the changing relationship between the former colonies and their former rulers. He made significant contributions to Ghana's quest for economic growth and the West Indies' desire to create a first-class institution of higher learning serving all of the Anglophone territories in the Caribbean. This book, based on Lewis's personal papers, provides a new view of this renowned economist and his impact on economic growth in the twentieth century. It will intrigue not only students of development economics but also anyone interested in colonialism and decolonization, and justice for the poor in third-world countries.
Author : P. Arestis
Publisher : Edward Elgar Publishing
ISBN 13 : 1847204082
Total Pages : 307 pages
Book Rating : 4.8/5 (472 download)
Download or read book Growth and Economic Development written by P. Arestis and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . this volume is a very good and important addition to economic growth and development. On the basis of authority, the selection is well-balanced. . . This book should be a mandatory textbook for graduate students in development economics, and essential reading for all policy-makers. Voxi Heinrich Amavilah, Progress in Development Studies This valuable and engaging new book bears eloquent testimony to A.P. Thirlwall s substantial contribution to economics over the last 40 years. The volume does not attempt to provide a comprehensive review of such a prolific figure, but rather demonstrates the considerable influence that his work on economic theory has had on his contemporaries, and the profession as a whole. From his early pioneering research in regional and labour economics to his more recent exploration of growth and development economics, leading experts in the field bear witness to the significant role he has played in the evolution of the discipline. In addressing some of the most pivotal aspects of his career, the contributors cover a range of topics including Thirlwall s Law , the application of Keynesian macroeconomic approaches, the General Theory within open economies, the connection between short-run cycles and long-run growth, endogenous growth theory, the Stability and Growth Pact, as well as broader development issues and problems. In championing Thirlwall s challenging work, this volume provides a lively and comprehensive account of some of the most important areas of economics today. This book will prove an essential read for academics and policy makers alike who are interested in trade, growth and development economics.
Author : Ahmad Zubaidi Baharumshah
Publisher : Routledge
ISBN 13 : 1351152106
Total Pages : 262 pages
Book Rating : 4.3/5 (511 download)
Download or read book Open Economy Macroeconomics in East Asia written by Ahmad Zubaidi Baharumshah and published by Routledge. This book was released on 2017-11-30 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: The East Asia countries were among the fastest growing economies in the world and of increasing importance to the world economy. These countries have taken the lead in adopting outward-oriented development policies. This volume focuses on the major issues on open economy macroeconomics in the East Asia economies that will be instructive to both academics and policymakers. The emphasis is on the countries that were severely affected by the 1997/98 Asian financial crises. Several aspects of exchange rate, current account, budget deficits, monetary and financial issues are considered in this book. In addition, several chapters are devoted to discussion on the issues of economic integration in the region. The contagion and the currency crisis are also discussed thoroughly. Most of the chapters are empirical in nature and the empirical evidence provided is based on the recent development in time series econometrics methods.
Author : Roland Rich
Publisher : Rowman & Littlefield
ISBN 13 : 0761873732
Total Pages : 297 pages
Book Rating : 4.7/5 (618 download)
Download or read book The United Nations as Leviathan written by Roland Rich and published by Rowman & Littlefield. This book was released on 2022-10-27 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world needs a UN 3.0. The extent and severity of global crises are such that business as usual provides no solution. Roland Rich’s Leviathan describes the necessary next version of the United Nations. It is a confident, competent, and independent organization that incorporates the world of business and global civil society as well as governments. It will certainly not have a monopoly on the use of force, but it will lead the international community through a mix of the principle of subsidiarity placing it at the apex, the application of the process of certification whereby thousands of entities are engaged in problem-solving, and the benefit of legitimacy earned through performance. The result will allow the UN to tackle the climate crisis, broaden the protection of democracy and human rights, govern globalization, and be better prepared for the next pandemic. Leviathan contains a vision but not a blueprint. Yet it does spell out how to achieve the first essential step – to clip the wings of the five permanent members of the UN Security Council.
Author : J. F. J. Toye
Publisher : Edward Elgar Publishing
ISBN 13 : 1843767473
Total Pages : 327 pages
Book Rating : 4.8/5 (437 download)
Download or read book Trade and Development written by J. F. J. Toye and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays are of high quality and full of interesting details, which is not a surprise given the distinguished group of scholars that contributed. . . this is an impressive collection of essays that adds significantly to the discussion of policies for developing countries in the context of globalization. I would strongly recommend it to academics and students interested in development, as well as policymakers in developing countries. Ricardo A. López, Journal of International Development This book questions what enduring lessons have been learnt about the interdependence of international trade and economic development during the last 50 years. Since the end of the Cold War and the advent of the WTO, developing countries have been forced to face the choice of whether, and to what extent, to integrate economically with the rest of the world. The key issue of international political economy is emphasized. The authors argue that while integration through trade has become increasingly necessary for successful development, it rapidly encounters a series of problems that remain to be resolved. These range from increasing inequality and instability, the vagaries of WTO rules, persistent agricultural protection in developed countries, through to inadequate finance and new waves of technological innovation. Underlying all these concerns, however, is the deeper question of how much the developing countries can influence the setting of the rules of the international system. Trade and Development examines all the major topics in the area of trade and development, along with proposals for new directions for UNCTAD. The book will be of great interest to academics, researchers, NGOs and policymakers involved in international and development economics.
Author : Stephen Spratt
Publisher : Routledge
ISBN 13 : 1134099517
Total Pages : 433 pages
Book Rating : 4.1/5 (34 download)
Download or read book Development Finance written by Stephen Spratt and published by Routledge. This book was released on 2008-09-26 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Featuring case studies and real world examples from Asia, Africa and Latin America, as well as the ‘transition’ economies of Eastern Europe, this book explores finance and developing countries, and the impact these have on poverty and globalization.
Author : James M. Boughton
Publisher : Oxford University Press
ISBN 13 : 019923986X
Total Pages : 330 pages
Book Rating : 4.1/5 (992 download)
Download or read book Finance, Development, and the IMF written by James M. Boughton and published by Oxford University Press. This book was released on 2009-06-25 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: An interdisciplinary collection of essays from leading academics and experts addressing how the IMF can support economic growth, poverty reduction, and macroeconomic stability in the world's poorest regions.
Author : Albert D. K. Agbonyitor
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 23 pages
Book Rating : 4./5 ( download)
Download or read book Development Expenditures and the Local Financing Constraint written by Albert D. K. Agbonyitor and published by World Bank Publications. This book was released on 1998 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: April 1998 The inadequacy of local funds is a major financing problem in most low-income economies. It is undercutting the absorption of aid and the sustainability of development projects. Focusing on the local financing constraint sheds new light on issues of aid, fiscal reform, and the management of public spending. The fungibility of aid need not translate into resource flows to fill the local financing gap. Indeed, project aid can widen the local financing gap. To augment direct local financing of development, aid must be nonproject aid that can generate local currency. In the longer term, project aid's effect on local financing lies in its impact on growth and on expanding the base for tax revenues, seigniorage, and borrowing. When inadequate local financing limits project implementation and effective use of aid, local currency funds are more valuable than project aid, at the margin-and it becomes important to reallocate local funds, to leverage project aid, and to raise the quality of investment projects. A persistent gap in local financing complicates programs of fiscal reform. For such programs to be effective, the local financing gap has to be confronted directly by matching planned local fund expenditures against expected local fund receipts. This requires a transparent database to develop indicators and to monitor the allocation and use of local resources. This paper-a product of the Macroeconomics Division II, Eastern Africa Department-is part of a larger effort in the department to understand the effectiveness of development expenditures.
Author : Michael P. Todaro
Publisher : Pearson UK
ISBN 13 : 1292291192
Total Pages : 1361 pages
Book Rating : 4.2/5 (922 download)
Download or read book Economic Development written by Michael P. Todaro and published by Pearson UK. This book was released on 2020 with total page 1361 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Economic Development, the leading textbook in this field, provides your students with a complete and balanced introduction to the requisite theory, driving policy issues, and latest research. Todaro and Smith take a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies, to show how theory relates to the problems and prospects of developing countries."--Publisher0́9s description
Author : Uchenna R. Efobi
Publisher : Springer
ISBN 13 : 3319788434
Total Pages : 454 pages
Book Rating : 4.3/5 (197 download)
Download or read book Financing Sustainable Development in Africa written by Uchenna R. Efobi and published by Springer. This book was released on 2018-05-15 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume provides a critical evaluation of financing options for sustainable development in Africa. While sustainability has long been the watchword for development programs, and while many African countries have taken initiatives to develop integrated frameworks that tackle developmental challenges—including poverty, education, and health—financing has remained a challenge. In this book, an expert team of chapter authors examines new financing options while also exploring how traditional financing means, such as foreign aid and foreign direct investment, can be more effective for sustainability. The authors discuss how African nations can build adequate structures and productive capacity to create a platform that can meet present economic, social, and environmental needs without compromising the ability of future generations to meet their own needs. Practical case studies and scientific evidence give this book a unique approach that is both qualitative and quantitative. This book will be of interest to students, practitioners, and scholars of development studies, public policy and African economics.
