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Author : Warner Max Corden
Publisher :
ISBN 13 : 9780868310794
Total Pages : 37 pages
Book Rating : 4.3/5 (17 download)
Download or read book Booming Sector and Dutch Disease Economics written by Warner Max Corden and published by . This book was released on 1982 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : W. Max Corden
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book The Dutch Disease in Australia written by W. Max Corden and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Dutch Disease' refers to the adverse effects through real exchange rate appreciation that the mining boom can have on various export- and import-competing industries. The distinction is made between the booming sector (mining), the lagging sector (exports not part of the booming sector and import-competing goods and services) and the non-tradeable sector. What should the government do to reduce this Dutch 'disease'? The principal options are: do nothing, piecemeal protectionism, moderate exchange rate effects by running a fiscal surplus, combined with lowering the interest rate, and possibly establishing a sovereign wealth fund. The costs of the latter measures may be considerable.
Author : Centre for Economic Policy Research (Great Britain)
Publisher : Cambridge, Mass. : MIT Press
ISBN 13 :
Total Pages : 376 pages
Book Rating : 4.F/5 ( download)
Download or read book Natural Resources and the Macroeconomy written by Centre for Economic Policy Research (Great Britain) and published by Cambridge, Mass. : MIT Press. This book was released on 1986 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: These contributions bring both theoretical models and case studies to bear on the consequences of natural resource discoveries in developed and developing countries. Whether it is natural gas in the Netherlands, oil in the UK, Norway, or Mexico, or minerals in Australia, these discoveries have been accused of causing severe structural problems, which have been given the name "Dutch Disease." Although a sizeable literature dealing with various aspects of the Dutch Disease has now developed, this is the first attempt to confront theory with evidence. Natural Resources and the Macroeconomycontains contributions by such scholars as Alan Gelb, Ricardo Martin, Kadir R. Yurukoglu, and Shahid A. Chaudhry (all at the World Bank); Jeroen J. M. Kremers (Oxford University); Julie Aklaksen and Olav Bjerkholt (Central Bureau of Statistics, Oslo); Lance Taylor (MIT); William Branson (Princeton); Partha Dasgupta (University of Cambridge); and Ronald Jones (University of Rochester). The editors, J. Peter Neary (University College, Dublin) and Sweder Van Wijnbergen (World Bank) have written the opening chapter, Natural Resources and the Macroeconomy: A Theoretical Framework. Other topics include: Adjustment to Windfall Gains: A Comparative Analysis of Oil Exporting Countries; Government and the Dutch Disease in the Netherlands; Policy Analysis of Shadow Pricing, Foreign Borrowing, and Resource Extraction in Egypt; Certainty Equivalent Procedures in the Macroeconomic Planning of an Oil Economy: The Case of Norway; A Macro Model of an Oil Exporter: Nigeria; Commodity Export Prices and the Real Exchange Rate in Columbia: The Money-Inflation Link; Booming Sectors and Structural Change in Australia and Britain; Indonesia's Other Dutch Disease: Economic Effects of the Petroleum Boom. The book concludes with a roundtable discussion which illustrates the divergent views among economists of the consequences of natural resource booms and the appropriate policies which should be adopted toward them. The book is based on a conference held in June 1985 by the Centre for Economic Policy Research in London.
Author : Leif Wenar
Publisher : Oxford University Press
ISBN 13 : 0190262923
Total Pages : 553 pages
Book Rating : 4.1/5 (92 download)
Download or read book Blood Oil written by Leif Wenar and published by Oxford University Press. This book was released on 2016 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this sweeping book, one of today's leading political philosophers, Leif Wenar, goes behind the headlines in search of the hidden global rule that thwarts democracy and development-and that puts shoppers into business with some of today's most dangerous men.
Author : Didier Raoult
Publisher : CRC Press
ISBN 13 : 142001997X
Total Pages : 400 pages
Book Rating : 4.4/5 (2 download)
Download or read book Rickettsial Diseases written by Didier Raoult and published by CRC Press. This book was released on 2007-04-26 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: The only available reference to comprehensively discuss the common and unusual types of rickettsiosis in over twenty years, this book will offer the reader a full review on the bacteriology, transmission, and pathophysiology of these conditions. Written from experts in the field from Europe, USA, Africa, and Asia, specialists analyze specific patho
Author : Simon Ville
Publisher : Cambridge University Press
ISBN 13 : 1316194485
Total Pages : 710 pages
Book Rating : 4.3/5 (161 download)
Download or read book The Cambridge Economic History of Australia written by Simon Ville and published by Cambridge University Press. This book was released on 2014-10-08 with total page 710 pages. Available in PDF, EPUB and Kindle. Book excerpt: Australia's economic history is the story of the transformation of an indigenous economy and a small convict settlement into a nation of nearly 23 million people with advanced economic, social and political structures. It is a history of vast lands with rich, exploitable resources, of adversity in war, and of prosperity and nation building. It is also a history of human behaviour and the institutions created to harness and govern human endeavour. This account provides a systematic and comprehensive treatment of the nation's economic foundations, growth, resilience and future, in an engaging, contemporary narrative. It examines key themes such as the centrality of land and its usage, the role of migrant human capital, the tension between development and the environment, and Australia's interaction with the international economy. Written by a team of eminent economic historians, The Cambridge Economic History of Australia is the definitive study of Australia's economic past and present.
Author : Edward Shann
Publisher : Cambridge University Press
ISBN 13 : 1316601676
Total Pages : 473 pages
Book Rating : 4.3/5 (166 download)
Download or read book An Economic History of Australia written by Edward Shann and published by Cambridge University Press. This book was released on 2016-02-25 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1930, this book provides an account of Australian economic development from 1788 up until the early twentieth century. The text is divided into three main sections: 'Convicts, Wool, and Gold 1788-1860'; 'Colonial Particularism 1860-1900'; 'The Commonwealth'. Notes are incorporated throughout. This book will be of value to anyone with an interest in perspectives on the development of Australia and economic history.
Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
ISBN 13 : 1498340008
Total Pages : 104 pages
Book Rating : 4.4/5 (983 download)
Download or read book Macroeconomic Policy Frameworks for Resource-Rich Developing Countries--Analytic Frameworks and Applications written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2012-08-24 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This supplement presents the analytical frameworks underlying the IMF’s staff’s enhanced policy analysis and advice to resource-rich developing countries (RRDCs). The proposed macro-fiscal models, which are applied to selected country or regional cases, are aimed at addressing questions regarding how to deal with resource revenue uncertainty and how to scale up spending within relevant frameworks that ensure fiscal and external sustainability while addressing absorptive capacity constraints. The country applications confirm the importance attached by both IMF staff and country authorities of using the appropriate macro-fiscal frameworks to address the specific challenges faced by RRDCs.
Author : Mike Veseth
Publisher : Rowman & Littlefield
ISBN 13 : 1538163845
Total Pages : 237 pages
Book Rating : 4.5/5 (381 download)
Download or read book Wine Wars II written by Mike Veseth and published by Rowman & Littlefield. This book was released on 2022-07-01 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here’s the inside scoop on the wine world. Globalization has pushed back the borders of the wine world, creating a complex, interconnected market where Old World and New World wines and producers compete head to head. Writing with wit and verve, Mike Veseth (a.k.a. the Wine Economist) tells the compelling story of the war between the market forces that are redrawing the world wine map and the terroirists who resist them. This is the battle for the future of wine—and for its soul. The fight isn't just over bottles bought and sold, however; power and taste are also at stake. Who will call the shots in the wine market of the future? Who will set the price? Whose palate will prevail? Veseth masterfully brings all of these questions together in the only book on the wine business written for all lovers of wine. Wine Wars II begins by exploring wine globalization, where readers follow “Missionaries, Migrants, and Market Reforms” to faraway New Zealand and learn how to unlock the secrets of their local retail “Wine Wall” by mastering the “DaVino Code.” Globalization brings a world of wine to our doorsteps. Commodification helps us make sense of the resulting embarrassment of riches, but at a cost. Readers must decide if they are Martians or Wagnerians, consider why “They Always Buy the Ten Cent Wine,” and then probe the puzzle of “Outlaws, Prisoners, and the Great Escape.” Who stands in the way of the global wine market's assault on wine's very soul? The“Revenge of the Terroirists!” Resistance is not futile, because 'We Are All Terroirists Now,” but that doesn't mean the future of wine is secure. A final section explores “Wine's Triple Crisis,” environmental crisis plus economic crisis, plus identity crisis. Taken together these crises pose the most serious threat to wine as we know and love it. Each section of Wine Wars II ends with a suggested wine tasting that invites readers to experience the book's ideas and arguments with all their senses by sampling a few carefully chosen wines. Can the soul of wine survive – and thrive – in this unfriendly environment? You'll have to read Wine Wars II to find out!
Author : Paul Collier
Publisher : Oxford University Press, USA
ISBN 13 : 0195374630
Total Pages : 225 pages
Book Rating : 4.1/5 (953 download)
Download or read book The Bottom Billion written by Paul Collier and published by Oxford University Press, USA. This book was released on 2008-10-02 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bottom Billion is an elegant and impassioned synthesis from one of the world's leading experts on Africa and poverty. It was hailed as "the best non-fiction book so far this year" by Nicholas Kristoff of The New York Times.
Author : Mike Veseth
Publisher : Rowman & Littlefield Publishers
ISBN 13 : 1442219246
Total Pages : 243 pages
Book Rating : 4.4/5 (422 download)
Download or read book Extreme Wine written by Mike Veseth and published by Rowman & Littlefield Publishers. This book was released on 2013-07-17 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Extreme Wine, wine economist and best-selling author Mike Veseth circles the globe searching for the best, worst, cheapest, most expensive, and most over-priced wines. Mike seeks out the most outrageous wine people and places and probes the biggest wine booms and busts. Along the way he applauds celebrity wines, tries to find wine at the movies, and discovers wines that are so scarce that they are almost invisible. Why go to such extremes? Because, Mike argues, the world of wine is growing and changing, and if you want to find out what’s really happening you can’t be afraid to step over the edge. Written with verve and appreciation for all things wine, Extreme Wine will surprise and delight readers.
Author : Ross Garnaut
Publisher : Black Inc.
ISBN 13 : 1922231177
Total Pages : 203 pages
Book Rating : 4.9/5 (222 download)
Download or read book Dog Days written by Ross Garnaut and published by Black Inc.. This book was released on 2013-11-15 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: A blueprint for the nation after the boom. Australians have just lived through a period of exceptional prosperity, but, says influential economist Ross Garnaut, the Dog Days are on their way. Are we ready for the challenges ahead? In Dog Days, Garnaut explains how we got here, what we can expect next and the tough choices we need to make to survive the new economic conditions. Are we clever enough – and our leaders courageous enough – to change what needs to be changed and preserve a fair and prosperous Australia? This is a book about the future by a leading adviser to government and business, someone with a proven record of seeing where the nation is going. Both forecast and analysis, it heralds a new era for Australia after the boom.
Author : Claire E. F. Wright
Publisher : ANU Press
ISBN 13 : 1760465135
Total Pages : 232 pages
Book Rating : 4.7/5 (64 download)
Download or read book Australian Economic History written by Claire E. F. Wright and published by ANU Press. This book was released on 2022-06-02 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a time of pandemics, war and climate change, fostering knowledge that transcends disciplinary boundaries is more important than ever. Economic history is one of the world’s oldest interdisciplinary fields, with its prosperity dependent on connection and relevance to disciplinary behemoths economics and history. Australian Economic History is the first history of an interdisciplinary field in Australia, and the first to set the field’s progress within the structures of Australian universities. It highlights the lived experience of doing interdisciplinary research, and how scholars have navigated the opportunities and challenges of this form of knowledge. These lessons are vital for those seeking to develop robust interdisciplinary conversations now and in the future. This previously untold story of economic history in Australia exposes the centrality of economic thought and scholarship to Australian intellectual and political life. Deftly positioning economic history in an innovative institutional, place-based and person-focused narrative, Claire Wright entangles economics with the history of education to produce a tale of university interdisciplinarity, influence and impact. Written with vitality and bursting with both data and anecdote, this book makes an exceptional contribution to the intersecting fields of history, economics and higher education studies. – Hannah Forsyth, author of A History of the Modern Australian University. Few readers would expect to find a classical tragedy in the story of an academic field. Yet that is what Claire Wright shows us in this study of Economic History, as it has been practiced in Australia. She traces the field from legendary beginnings to triumphant growth to organisational collapse - and renaissance on other terms. Carefully researched and vigorously written, this book raises questions about disciplines and interdisciplinary fields, universities and markets, and social bases of intellectual work, that are relevant to all fields today. – Raewyn Connell, author of The Good University Australia proved a pioneer in the study of economic history, nurturing a discipline with innovative data and understanding of material trends. Yet by the 1990s economic history departments closed as senior scholars retired and the field was subsumed by conventional economics. In this absorbing study, Dr Claire Wright challenges the conventional account. She is tough-minded about financial and institutional pressures on the field, but cautiously optimistic about the future. It is a mistake, she argues, to see institutional representation as the benchmark of influence. Instead, the interdisciplinary nature of economic history has encouraged new research and teaching across the humanities and social sciences. With close attention to individual scholars and their university departments, and a deep sense of the trajectory of the field, Australian Economic History: Transformations of an Interdisciplinary Field is an original and important contribution to Australian intellectual history. – Glyn Davis, Distinguished Professor of Political Science in the Crawford School of Public Policy, The Australian National University
Author : Warner Max Corden
Publisher : Springer
ISBN 13 : 3319651668
Total Pages : 247 pages
Book Rating : 4.3/5 (196 download)
Download or read book Lucky Boy in the Lucky Country written by Warner Max Corden and published by Springer. This book was released on 2018-01-04 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corden has written a charming and insightful account of his professional and personal life, from his childhood in Breslau, Germany, until his retirement in Melbourne. The book is divided into two parts. Part I considers Corden's early life, from a young boy growing up in Nazi Germany, to his immigration from England to Australia and what that means for the author's self-identity. Part II addresses Corden's work on the Australian Protection Policy for which he is perhaps best known, before reflecting upon the author's time at Oxford University and the Australian National University, and, finally, moving on to review contributions made at the IMF, Johns Hopkins University, and The World Bank. This book will be of interest to all aspiring economists, as well as established economists familiar with Corden's work. It is an inspiring and profound record of the intellectual journey made by one of Australia's best known economists.
Author : Graham Palmer
Publisher : Springer Science & Business Media
ISBN 13 : 3319029401
Total Pages : 100 pages
Book Rating : 4.3/5 (19 download)
Download or read book Energy in Australia written by Graham Palmer and published by Springer Science & Business Media. This book was released on 2013-11-09 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: With rapidly declining costs and seemingly unlimited sunshine, the choice of solar in Australia seems obvious. Yet despite its many advantages, homes with solar remain completely dependent on the electricity grid for reliable supply, which in Australia implies mostly coal-fired generation. Indeed, even countries that have invested heavily in solar, such as Spain and Germany, have been unable to deflect the trajectory of fossil fuel dependence. The reasons for this apparent paradox are varied, and this book provides a deeper and more nuanced understanding of the practical applications of photovoltaics (PV) in modern electricity systems. While the conventional life-cycle assessment (LCA) boundaries as prescribed by the IEA-PVPS provide a consistent methodology for comparing evolving PV technologies, the narrow boundaries exclude many critical downstream energy costs. Similarly, simple cost comparisons of PV versus conventional power sources overlook the significant economic and energy costs of intermittency and grid integration. Yet distributed storage, which could provide potentially valuable network support, is frequently given a low priority by advocates of solar. Treating PV as an extension of, rather than as a substitute for, the fossil fuel enterprise enables a more productive discussion of PV’s potential role in electricity generation. The sunburnt country of Australia, which has a modern electricity system, is an ideal case study for exploring the potential of solar PV. With a focus on rooftop solar, energy storage, grid integration, and electricity system issues, Energy in Australia offers valuable insights into the practical challenges of solar power. Although many national economies are already confronting a downward trend in energy return on investment (EROI) of oil and gas from both conventional and unconventional sources, the large-scale deployment of low-emission energy sources that lie below a critical minimum EROI threshold may ultimately prove counter-productive.
Author : Warner Max Corden
Publisher :
ISBN 13 : 9780734042651
Total Pages : 27 pages
Book Rating : 4.0/5 (426 download)
Download or read book The Dutch Disease in Australia written by Warner Max Corden and published by . This book was released on 2012 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper expounds the concept of Dutch Disease as it applies currently to Australia, noting the various gains and losses resulting from the Australian mining boom. "Dutch Disease" refers to the adverse effects through real exchange rate appreciation that such a boom can have on various export and import-competing industries. Particular firms or industries may be both gainers and losers. The distinction is made between the Booming Sector (mining), the Lagging Sector (exports not part of the Booming Sector, and import-competing goods and services), and the Non-tradable Sector. The main discussion focuses on policy options, given a floating exchange rate regime. What should the government do - if anything - to reduce or avoid this Dutch "disease"? The principal options are: Do nothing, piecemeal protectionism, and run a fiscal surplus, combined with lowering the interest rate and possibly establishing a Sovereign Wealth Fund. Piecemeal protectionism is likely to be politically popular but there are strong arguments against it. The costs of any measures that successfully moderate real appreciation of the exchange rate and thus Dutch Disease effects are noted, and may be considerable. This is "exchange rate protection". Gains to some industries are likely to be balanced by losses to others. It is shown, surprisingly, that a fiscal surplus that is financed by taxation of the profits of the Booming Sector may ot significantly moderate real appreciation. The reason is that this sector is to a significant extent foreign owned. An issue is whether firms and industries can be clearly divided into those that belong to the Non-tradable Sector and those that belong to the Lagging Sector, the latter being the losers from Dutch Disease. If such a clear distinction cannot usually be made, then the case for "doing nothing" is strengthened.
Author : Daron Acemoglu
Publisher : Currency
ISBN 13 : 0307719227
Total Pages : 546 pages
Book Rating : 4.3/5 (77 download)
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.
