Why States Matter In Economic Development

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State-Business Relations and Economic Development in Africa and India

Author : Kunal Sen
Publisher : Routledge
ISBN 13 : 1135129061
Total Pages : 230 pages
Book Rating : 4.1/5 (351 download)

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Book Synopsis State-Business Relations and Economic Development in Africa and India by : Kunal Sen

Download or read book State-Business Relations and Economic Development in Africa and India written by Kunal Sen and published by Routledge. This book was released on 2013-05-07 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: When the state and business interact effectively they can promote a more efficient allocation of scarce resources, appropriate industrial policy and a more effective and prioritised removal of key obstacles to growth, than when the two sides fail to co-operate or engage in harmful collusion. This book, based on original empirical research undertaken in Africa and India, addresses what constitutes the effectiveness of state-business relations, what explains their formation and evolution over time and whether effective state-business relations matter for economic performance. Analysing the effects of state-business relations on economic performance at both the macro and micro levels, the book concludes that where effective state-business relations are established – either through formal or informal institutional patterns and relationships – the growth effects are generally positive. Establishing, sustaining and renewing effective state-business relations are political processes. The better organized the business community and the government are for purposes of such relations, the more effective state-business relations will be in negotiating growth enhancing policies. The book is of interest to researchers in the fields of development studies, management, economics and political science.

Why States Matter in Economic Development

Author : Jawied Nawabi
Publisher :
ISBN 13 : 9781032752662
Total Pages : 0 pages
Book Rating : 4.7/5 (526 download)

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Book Synopsis Why States Matter in Economic Development by : Jawied Nawabi

Download or read book Why States Matter in Economic Development written by Jawied Nawabi and published by . This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book examines the underlying conditions that give rise to states that are effective, efficient, and bureaucratically inclusive with their developmental policies. In spite of humanity's significant advancements in science, technology and institutionalisation of universal human rights conventions in the last seven decades, many countries are still failing to achieve successful development results. As a result, enormous levels of inequality, poverty and malnutrition prevail. This book focuses on the role of the state in the political economy of development, tracing the socio-economic origins of effective state institutions from a comparative historical-institutional perspective. Drawing on the case studies of South Korea, Brazil, India, Spain, France and England, the study looks at how good state institutions form, and why these are central to the socioeconomic advancement of their populations. The book contends that effective developmental states are those in which state actors are able to effectively diminish and co-opt the power of the country's landed elites during the early years of state building. Effectively the power balance between these two classes determines the developmental trajectory of the state. Considering agrarian reform as the foremost indispensable policy tool to open conditions for positive changes in effective taxation, education, healthcare and strategic sustainable industrial policies, this analysis offers a significant contribution to the literature on the sociology of institutions and the political economy of development. As well as being a key reading for advanced students and researchers in these areas, this book draws real-life policy lessons for practitioners and policy makers in the developing world"--

Why States Matter in Economic Development

Author : Jawied Nawabi
Publisher : Taylor & Francis
ISBN 13 : 1040016677
Total Pages : 226 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Why States Matter in Economic Development by : Jawied Nawabi

Download or read book Why States Matter in Economic Development written by Jawied Nawabi and published by Taylor & Francis. This book was released on 2024-04-29 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the underlying conditions that give rise to states that are effective, efficient, and bureaucratically inclusive with their developmental policies. In spite of humanity’s significant advancements in science, technology and institutionalization of universal human rights conventions in the last seven decades, many countries are still failing to achieve successful development results. As a result, enormous levels of inequality, poverty, and malnutrition prevail. This book focuses on the role of the state in the political economy of development, tracing the socio-economic origins of effective state institutions from a comparative historical-institutional perspective. Drawing on the case studies of South Korea, Brazil, India, Spain, France, and England, the study looks at how good state institutions form, and why these are central to the socioeconomic advancement of their populations. The book contends that effective developmental states are those in which state actors are able to effectively diminish and co-opt the power of the country’s landed elites during the early years of state building. Effectively, the power balance between these two classes determines the developmental trajectory of the state. Considering agrarian reform as the foremost indispensable policy tool to open conditions for positive changes in effective taxation, education, healthcare, and strategic sustainable industrial policies, this analysis offers a significant contribution to the literature on the sociology of institutions and the political economy of development. As well as being a key reading for advanced students and researchers in these areas, this book draws real-life policy lessons for practitioners and policy makers in the developing world.

Why Growth Matters

Author : Jagdish Bhagwati
Publisher : PublicAffairs
ISBN 13 : 1610392728
Total Pages : 255 pages
Book Rating : 4.6/5 (13 download)

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Book Synopsis Why Growth Matters by : Jagdish Bhagwati

Download or read book Why Growth Matters written by Jagdish Bhagwati and published by PublicAffairs. This book was released on 2013-04-09 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru's pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral challenge: lifting a great number of extremely poor people out of poverty? Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant effect: economic growth, led by markets overseen and encouraged by liberal state policies. Their radical message has huge consequences for economists, development NGOs and anti-poverty campaigners worldwide. There are vital lessons here not only for Southeast Asia, but for Africa, Eastern Europe, and anyone who cares that the effort to eradicate poverty is more than just good intentions. If you want it to work, you need growth. With all that implies.

The Knowledge Capital of Nations

Author : Eric A. Hanushek
Publisher : MIT Press
ISBN 13 : 026254895X
Total Pages : 275 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Knowledge Capital of Nations by : Eric A. Hanushek

Download or read book The Knowledge Capital of Nations written by Eric A. Hanushek and published by MIT Press. This book was released on 2023-08-15 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.

The New Economic Role of American States

Author : R. Scott Fosler
Publisher : Oxford University Press
ISBN 13 : 0198023243
Total Pages : 383 pages
Book Rating : 4.1/5 (98 download)

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Book Synopsis The New Economic Role of American States by : R. Scott Fosler

Download or read book The New Economic Role of American States written by R. Scott Fosler and published by Oxford University Press. This book was released on 1991-02-28 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growth of service and high-tech industries in recent years has dramatically altered the geographical distribution of businesses throughout America. Some states have had to attract new businesses to replace declining smokestack industries, while others have experienced the trauma of rapid economic growth. This collection of case studies of California, Massachusetts, Michigan, Tennessee, Arizona, Minnesota, and Indiana analyzes strategies and problems of economic evolution and the role of state institutions in the context of regional, national and world economic change.

Understanding Long-Run Economic Growth

Author : Dora L. Costa
Publisher : University of Chicago Press
ISBN 13 : 0226116344
Total Pages : 400 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Understanding Long-Run Economic Growth by : Dora L. Costa

Download or read book Understanding Long-Run Economic Growth written by Dora L. Costa and published by University of Chicago Press. This book was released on 2011-10 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. This book explores the relationship between economic conditions, growth, and inequality.

Why Nations Fail

Author : Daron Acemoglu
Publisher : Currency
ISBN 13 : 0307719227
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 Currency. This book was released on 2013-09-17 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.

Why States Matter

Author : Gary Moncrief
Publisher : Rowman & Littlefield
ISBN 13 : 0742570398
Total Pages : 208 pages
Book Rating : 4.7/5 (425 download)

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Book Synopsis Why States Matter by : Gary Moncrief

Download or read book Why States Matter written by Gary Moncrief and published by Rowman & Littlefield. This book was released on 2013-08-28 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: When it comes to voting, taxes, environmental regulations, social services, education, criminal justice, political parties, property rights, gun control, marriage and divorce and just about anything else other than national defense, the state in which you reside makes a difference. That idea—that states matter—is the fundamental concept explored in this book, and has been an essential truth to America's governing philosophy since the Colonial Era.

Why Nation-Building Matters

Author : Keith W. Mines
Publisher : U of Nebraska Press
ISBN 13 : 1640122826
Total Pages : 401 pages
Book Rating : 4.6/5 (41 download)

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Book Synopsis Why Nation-Building Matters by : Keith W. Mines

Download or read book Why Nation-Building Matters written by Keith W. Mines and published by U of Nebraska Press. This book was released on 2020-08 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why Nation-Building Matters establishes a framework for building security forces, economic development, and political consolidation that blends soft and hard power into a deployable and effective package.

States and Economic Development

Author : Linda Weiss
Publisher :
ISBN 13 :
Total Pages : 295 pages
Book Rating : 4.:/5 (82 download)

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Book Synopsis States and Economic Development by : Linda Weiss

Download or read book States and Economic Development written by Linda Weiss and published by . This book was released on 1995 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt:

State Formation, Regime Change, and Economic Development

Author : Jørgen Møller
Publisher : Taylor & Francis
ISBN 13 : 1134827008
Total Pages : 292 pages
Book Rating : 4.1/5 (348 download)

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Book Synopsis State Formation, Regime Change, and Economic Development by : Jørgen Møller

Download or read book State Formation, Regime Change, and Economic Development written by Jørgen Møller and published by Taylor & Francis. This book was released on 2016-12-19 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Failed or weak states, miscarried democratizations, and economic underdevelopment characterize a large part of the world we live in. Much work has been done on these subjects over the latest decades but most of this research ignores the deep historical processes that produced the modern state, modern democracy and the modern market economy in the first place. This book elucidates the roots of these developments. The book discusses why China was surpassed by Europeans in spite of its early development of advanced economic markets and a meritocratic state. It also hones in on the relationship between geopolitical pressure and state formation and on the European conditions that – from the Middle Ages onwards – facilitated the development of the modern state, modern democracy, and the modern market economy. Finally, the book discusses why some countries have been able to follow the European lead in the latest generations whereas other countries have not. State Formation, Regime Change and Economic Development will be of key interest to students and researchers within political science and history as well as to Comparative Politics, Political Economy and the Politics of Developing Areas.

State Capacity and Economic Development

Author : Mark Dincecco
Publisher : Cambridge University Press
ISBN 13 : 1108335985
Total Pages : pages
Book Rating : 4.1/5 (83 download)

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Book Synopsis State Capacity and Economic Development by : Mark Dincecco

Download or read book State Capacity and Economic Development written by Mark Dincecco and published by Cambridge University Press. This book was released on 2017-10-26 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: State capacity - the government's ability to accomplish its intended policy goals - plays an important role in market-oriented economic development today. Yet state capacity improvements are often difficult to achieve. This Element analyzes the historical origins of state capacity. It evaluates long-run state development in Western Europe - the birthplace of both the modern state and modern economic growth - with a focus on three key inflection points: the rise of the city-state, the nation-state, and the welfare state. This Element develops a conceptual framework regarding the basic political conditions that enable the state to take effective policy actions. This framework highlights the government's challenge to exert proper authority over both its citizenry and itself. It concludes by analyzing the European state development process relative to other world regions. This analysis characterizes the basic historical features that helped make Western Europe different. By taking a long-run approach, it provides a new perspective on the deep-rooted relationship between state capacity and economic development.

Do Effective State Business Relations Matter for Economic Growth?

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (12 download)

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Book Synopsis Do Effective State Business Relations Matter for Economic Growth? by :

Download or read book Do Effective State Business Relations Matter for Economic Growth? written by and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Rise of the Entrepreneurial State

Author : Peter K. Eisinger
Publisher :
ISBN 13 :
Total Pages : 408 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Rise of the Entrepreneurial State by : Peter K. Eisinger

Download or read book The Rise of the Entrepreneurial State written by Peter K. Eisinger and published by . This book was released on 1988 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Law & Capitalism

Author : Curtis J. Milhaupt
Publisher : University of Chicago Press
ISBN 13 : 0226525295
Total Pages : 281 pages
Book Rating : 4.2/5 (265 download)

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Book Synopsis Law & Capitalism by : Curtis J. Milhaupt

Download or read book Law & Capitalism written by Curtis J. Milhaupt and published by University of Chicago Press. This book was released on 2008-09-15 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent high-profile corporate scandals—such as those involving Enron in the United States, Yukos in Russia, and Livedoor in Japan—demonstrate challenges to legal regulation of business practices in capitalist economies. Setting forth a new analytic framework for understanding these problems, Law and Capitalism examines such contemporary corporate governance crises in six countries, to shed light on the interaction of legal systems and economic change. This provocative book debunks the simplistic view of law’s instrumental function for financial market development and economic growth. Using comparative case studies that address the United States, China, Germany, Japan, Korea, and Russia, Curtis J. Milhaupt and Katharina Pistor argue that a disparate blend of legal and nonlegal mechanisms have supported economic growth around the world. Their groundbreaking findings show that law and markets evolve together in a “rolling relationship,” and legal systems, including those of the most successful economies, therefore differ significantly in their organizational characteristics. Innovative and insightful, Law and Capitalism will change the way lawyers, economists, policy makers, and business leaders think about legal regulation in an increasingly global market for capital and corporate governance.

States in the Developing World

Author : Miguel A. Centeno
Publisher : Cambridge University Press
ISBN 13 : 1107158494
Total Pages : 493 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis States in the Developing World by : Miguel A. Centeno

Download or read book States in the Developing World written by Miguel A. Centeno and published by Cambridge University Press. This book was released on 2017-02-27 with total page 493 pages. Available in PDF, EPUB and Kindle. Book excerpt: An exploration of how states address the often conflicting challenges of development, order, and inclusion.