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The Ghost Of Financing Gap How The Harrod Domar Growth Model Still Haunts Development Economics
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Book Synopsis The Ghost of Financing Gap by : William Easterly
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:
Book Synopsis The Ghost of Financing Gap: How the Harrod-Domar Growth Model Still Haunts Development Economics by : William Easterly
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.
Book Synopsis The Ghost of Financing Gap by : William Easterly
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.
Book Synopsis The Ghost of Financing Gap by : Easterly
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:
Book Synopsis W. Arthur Lewis and the Birth of Development Economics by : Robert L. Tignor
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.
Book Synopsis International Economic Policy Review, Volume 1 by : Mr.Paul R Masson
Download or read book International Economic Policy Review, Volume 1 written by Mr.Paul R Masson and published by International Monetary Fund. This book was released on 1999-09-28 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: This series aims to make available to the general public and to economic policy practitioners, a selection of policy papers prepared by the staff of the International Monetary Fund. Papers in the International Economic Policy Review will offer specific policy-relevant analysis, but at a relatively non-technical level. These papers are intended to provide analytical background for IMF-supported programs and more generally to shed light on a range of policy choices facing ministries and central banks.
Book Synopsis Innovation, Growth and Competitiveness by : Peter Nijkamp
Download or read book Innovation, Growth and Competitiveness written by Peter Nijkamp and published by Springer Science & Business Media. This book was released on 2010-12-01 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates dynamic regions in the context of greater global interaction in a world economy increasingly driven by knowledge and innovation. It offers novel empirical evidence on the underlying factors of the growth performance of these spaces. In particular, the following questions are addressed: What role is there for research, education and innovation in the development strategies of the dynamic growth regions? What are the risks and consequences of dynamic growth on patterns of world growth and development, competitiveness, inequalities, and convergence? What development strategies should be promoted at national and international levels to promote a growing and more sustainable world economy? What are the implications of the emerging new competitors for Europe’s competitiveness? Using an innovative, integrated framework of analysis, the contributions in this book combine a wide array of complex theoretical and methodological approaches.
Book Synopsis Development Without Aid by : David A. Phillips
Download or read book Development Without Aid written by David A. Phillips and published by Anthem Press. This book was released on 2013-04-15 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Development Without Aid” opens up perspectives about foreign aid to the world’s poorest countries. Growing up in Malawi the author developed a sense of the limitations of foreign assistance and from this evolves a critique of foreign aid as an alien resource unable to provide the dynamism that could propel the poorest countries out of poverty. The book aims to help move the discussion beyond foreign aid. It examines the rapid growth of the world’s diasporas as a quasi-indigenous resource of increasing strength in terms of both financial and human capital, and considers how far such a resource might supersede aid. It uses extensive research findings to explore the possibilities for a resumption of sovereignty by poor states, especially in Africa, over their own development with the assistance of the world’s diasporas.
Book Synopsis Foreign Aid and Development by : Finn Tarp
Download or read book Foreign Aid and Development written by Finn Tarp and published by Psychology Press. This book was released on 2000 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aid has worked in the past but can be made to work better in the future. This book offers important new research and will appeal to those working in economics, politics and development studies as well as to governmental and aid professionals.
Download or read book Transforming Sudan written by Alden Young and published by Cambridge University Press. This book was released on 2018 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book traces the formation of the Sudanese state following the Second World War through a developmentalist ideology.
Book Synopsis African Economic Outlook 2012 Promoting Youth Employment by : African Development Bank
Download or read book African Economic Outlook 2012 Promoting Youth Employment written by African Development Bank and published by OECD Publishing. This book was released on 2012-05-28 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 11th edition of the African Economic Outlook provides coverage of all African countries except Somalia. This edition's focus concerns the promotion of youth employment in Africa.
Book Synopsis Social Institutions and Economic Development by : Valpy FitzGerald
Download or read book Social Institutions and Economic Development written by Valpy FitzGerald and published by Springer Science & Business Media. This book was released on 2007-05-08 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jan Pronk The role of institutions in economic development has been debated at length. It is a major chapter in the history of economic thought. It was also a key - sue in comparisons of the effectiveness of Eastern and Western economic systems. Understanding the variety of social and cultural institutions has - ways been crucial in analysing development processes in Africa, Asia, the Middle East and Latin America. Less attention has been given to institutions in studies of the economic performance of Western countries. This may be because economic policies in the West were mostly oriented to the short and medium terms rather than to the long-term perspective. In the short run ins- tutions are given, in the long run they lend themselves for change. From the outset, economic institutions (e.g. markets, enterprises) and their underlying values (e.g. efficiency, economicfreedom) received much - tention. Similar attention was given to political institutions (the state, government, the law) and values (democracy, accountability, human rights). Thought also turned to social institutions (entrepreneurship, the middle class, the family household, land-tenure systems) and social values (tradition, gender and age relations, justice). Studies soon followed of cultural insti- tions (religion, ethnicity) and values (material consumerism or the bond between man and nature). Without the insight gained by studying insti- tions, economics would have become a dull discipline.
Book Synopsis The Value Chain of Foreign Aid by : Christian Schabbel
Download or read book The Value Chain of Foreign Aid written by Christian Schabbel and published by Springer Science & Business Media. This book was released on 2007-04-21 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses the prospects of official development assistance (ODA) for poverty reduction. It analyzes the entire value chain of ODA, including provision, allocation and utilization. Within each of these components, coverage examines scope and limits of aid. The horizontal interactions between donors and recipients as well as the vertical connections to local and region-specific conditions represent the heart of this book's approach.
Book Synopsis The History of Economic Ideas by : Brandon Dupont
Download or read book The History of Economic Ideas written by Brandon Dupont and published by Routledge. This book was released on 2017-03-31 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis has drawn attention to the importance of understanding historical ideas and learning lessons from the past. However, it can sometimes be difficult to trace the connections between old ideas and modern day issues. This textbook traces the evolution of economic ideas from the ancient to the modern world by examining the contributions of the most important scholars to some of the most important ideas in economics. The History of Economic Ideas surveys topics that are important for the understanding of contemporary economic issues, including the ethical foundations of modern economics; ideas regarding property rights; price theory; money and interest; public finance; the theories of business cycles and economic growth; international trade; and issues related to population and resource use. The book’s originality lies in its overall organization, which allows readers to explore the development of ideas on a specific topic in detail. Yet it is brief enough to use alongside the original writings on which it is based. Filled with student-friendly features including a series of "Did You Know" facts and end-of-chapter questions, this book is engaging and provides invaluable reading for all students of the history of economic thought and economic issues.
Book Synopsis Post-Stabilization Economics in Sub-Saharan Africa by : Mr.Shanaka J. Peiris
Download or read book Post-Stabilization Economics in Sub-Saharan Africa written by Mr.Shanaka J. Peiris and published by International Monetary Fund. This book was released on 2008-05-01 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mozambique is an economic success story in sub-Saharan Africa (SSA). Its remarkable achievements offer valuable lessons to other low-income countries in a post-stabilization economic phase, including how they can efficiently manage a scaling up of foreign aid aimed at poverty reduction. Of special interest to other sub-Saharan countries are the book's discussions of Mozambique's progress toward consolidating macroeconomic and financial stability, and the challenges it faces in ensuring long-term sustainability, creating a virtuous cycle of natural resource use, and implementing second-generation structural reforms to sustain its growth. This book also provides a summary of the most recent research on issues related to post-stabilization economics in SSA.
Book Synopsis What is so Austrian about Austrian Economics? by : Steven Horwitz
Download or read book What is so Austrian about Austrian Economics? written by Steven Horwitz and published by Emerald Group Publishing. This book was released on 2010-08-12 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volume gathers together papers presented at the second biennial Wirth conference on Austrian economics, held in October 2008 when the crisis of Fall 2008 was still new and shocking. This coincidence of timing makes policy issues and crisis management a kind of leitmotif of the volume.
Book Synopsis Measuring African Development by : Morten Jerven
Download or read book Measuring African Development written by Morten Jerven and published by Routledge. This book was released on 2016-04-14 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The chief economist for the World Bank's Africa region, Shanta Devarajan, delivered a devastating assessment of the capacity of African states to measure development in his 2013 article "Africa's Statistical Tragedy". Is there a "statistical tragedy" unfolding in Africa now? If so then examining the roots of the problem of provision of statistics in poor economies is certainly of great importance. This book on measuring African development in the past and in the present draws on the historical experience of colonial French West Africa, Ghana, Sudan, Mauritania and Tanzania and the more contemporary experiences of Ethiopia and the Democratic Republic of Congo. The authors each reflect on the changing ways statistics represent African economies and how they are used to govern them. This bookw as published as a special issue of the Canadian Journal of Development Studies.