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The Political Economy Of Inclusive Growth A Review
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Book Synopsis The Political Economy of Inclusive Growth: A Review by : International Monetary Fund
Download or read book The Political Economy of Inclusive Growth: A Review written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-03-19 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we review the role of the political economy in inclusive growth. We find that political economy forces on the demand and supply side have weakened redistribution over time and contributed to a new wave of populism. We document growing support for a rethink of the social contract to make growth more inclusive and discuss some of its broad elements.
Book Synopsis The Politics of Inclusive Development by : Sam Hickey
Download or read book The Politics of Inclusive Development written by Sam Hickey and published by OUP Oxford. This book was released on 2014-12-11 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. It is now widely accepted that politics plays a significant role in shaping the possibilities for inclusive development. However, the specific ways in which this happens across different types and forms of development, and in different contexts, remains poorly understood. This collection provides a state of the art review regarding what is currently known about the politics of inclusive development. Leading academics offer systematic reviews of how politics shapes development across multiple dimensions, including through growth, natural resource governance, poverty reduction, service delivery, social protection, justice systems, the empowerment of marginalised groups, and the role of both traditional and non-traditional donors. The volume not only provides a comprehensive update but also a ground-breaking range of new directions for thinking and acting around these issues. The book's originality thus derives not only from the wide scope of its case-study material, but also from the new conceptual approaches it offers for thinking about the politics of inclusive development, and the innovative and practical suggestions for donors, policy makers, and practitioners that flow from this.
Book Synopsis The Politics of Inclusive Development by : Samuel Hickey
Download or read book The Politics of Inclusive Development written by Samuel Hickey and published by Oxford University Press, USA. This book was released on 2015 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection brings together internationally-renowned experts to offer a comprehensive review of how politics shapes inclusive development in the global south. Each aspect of development is covered: social, economic, environmental and cultural, with each substantive chapter offering a systematic review of the evidence in the relevant field.
Book Synopsis The Political Economy of India's Growth Episodes by : Sabyasachi Kar
Download or read book The Political Economy of India's Growth Episodes written by Sabyasachi Kar and published by Springer. This book was released on 2016-10-31 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘This book is different from most other attempts to understand the politics of Indian economic development. Breaking down the last 65+ years of Indian development into several episodes of growth, it provides a rich set of insights into the political economy of the Indian development process and is a valuable addition to the literature.’ –Pranab Bardham, University of California, Berkeley, USA ‘Sustained economic growth in the world's largest democracy is critically important to human well-being, but the ups and downs of growth in India are not well-understood. This book provides a fresh and insightful approach to understanding what drives the starts of booms and the onset of slowdowns.’ –Lant Pritchett, Harvard University, USA ‘This is a little book with big arguments. The authors' explanation of the changing character of the deals done between political and business elites makes for the most original contribution to studies of the political economy of Indian development since Pranab Bardhan's seminal work of the early 1980s’ –John Harriss, Simon Fraser University, Vancouver, Canada This book moves beyond the usual economic analysis of the Indian growth story and provides a fresh perspective on the determinants of growth episodes in post-independence India, based on its political economy. Using a robust and novel technique, the authors identify four such episodes during this period. The first, running from the 1950s to 1992, was mostly characterized by economic stagnation, with a nascent recovery in the eighties. The second, covering the period 1993 to 2001, witnessed the first growth acceleration in the economy. A second acceleration ran from 2002 to 2010. The fourth and final episode started with the slowdown in 2010 and continues to this day. The book provides a theoretical framework that focuses on rent-structures, institutions and the polity, and demonstrates how changes in these can explain the four growth episodes. Kar and Sen argue that the transitions from one growth episode to another can be explained by the bi-directional relationship between growth outcomes and institutional arrangements, and by the manner in which institutional arrangements and their transitions are determined by the political bargains struck between the elite groups in Indian society.
Book Synopsis The Political Economy of Public Spending on Education, Inequality, and Growth by : Mark Gradstein
Download or read book The Political Economy of Public Spending on Education, Inequality, and Growth written by Mark Gradstein and published by World Bank Publications. This book was released on 2003 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public provision of education has often been perceived as universal and egalitarian, but in reality it is not. Political pressure typically results in incidence bias in favor of the rich. The author argues that the bias in political influence resulting from extreme income inequalities is particularly likely to generate an incidence bias, which we call social exclusion. This may then lead to a feedback mechanism whereby inequality in the incidence of public spending on education breeds higher income inequality, thus generating multiple equilibria: with social exclusion and high inequality; and with social inclusion and relatively low inequality. The author also shows that the latter equilibrium leads to higher long-run growth than the former. An extension of the basic model reveals that spillover effects among members of social groups differentiated by race or ethnicity may reinforce the support for social exclusion.
Book Synopsis The Political Economy of Poverty, Equity and Growth: A Comparative Study by : Deepak Lal
Download or read book The Political Economy of Poverty, Equity and Growth: A Comparative Study written by Deepak Lal and published by Clarendon Press. This book was released on 1998-10-08 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: This wide-ranging and innovative book synthesises the findings of a major international study of the political economy of poverty, equity, and growth. It is based primarily on analytical economic histories of 21 developing countries from 1950 to 1985, but also takes account of the wider literature on the subject. The authors take an ambitious interdisciplinary approach to identify patterns in the interplay of initial conditions, instiuttions, interests, and ideas which can help to explain the different growth and poverty alleviation outcomes in the Third World. Three different types of poverty are distinguished, based on their causes, and a more nebulous idea of equityin contrast to egalitarianismis shown to have influenced policy. Since growth is found to be the major means of alleviating mass structural poverty, much of the book is concerned with discovering explanations for policies which are found to be the most important influences on the proximate causes of growth. Lal and Mynt also consider the available evidence on the role of direct transferspublic and privatein alleviating destitution and conjunctural poverty. The Political Economy of Poverty, Equity, and Growth develops a novel framework for the comparative analysis of different growth outcomes. This framework distinguishes between the different relative factor endowments of land, labour, and capital, and between the different organizational structures of pesent versus plantation and mining economies. It also differentiates between the polities of 'autonomous' and 'factional' states in the countries studied, breaking the analysis down into further typological subdivisions and providing important new insights into the differing behaviour of economies that are rich in natural resources and those with abundant labour. These insights constitute a richer explanation for the divergent developmental outcomes in East Asia compared with Latin America and Africa. The evidence collated is used to argue for the continuing relevance of the classical liberal viewpoint on public policies for development, and to show why, even so, nationalist ideologies are likely to be adopted and lead to cycles of interventionism and liberalism. The evidence is also used to provide an explanation for the surprising current worldwide Age of Reform.
Book Synopsis The Gap Between Rich And Poor by : Mitchell A Seligson
Download or read book The Gap Between Rich And Poor written by Mitchell A Seligson and published by Westview Press. This book was released on 1984-10-29 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic policy, economic development, wealth, poverty, developed country, developing country, future - theoretics, economic growth, income distribution, ethics, sociological aspects, urbanization, modernization, dependence, basic needs, case studies, income redistribution in Central America, sugar production in Cuba. References.
Book Synopsis How to Achieve Inclusive Growth by : Valerie Cerra
Download or read book How to Achieve Inclusive Growth written by Valerie Cerra and published by Oxford University Press. This book was released on 2022-01-22 with total page 901 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These issues are intertwined. They therefore require a holistic framework to examine their interplay and bring the various strands together. Leading academic economists have partnered with experts from several international institutions to explain the sources and scale of these challenges. They gather a wide array of empirical evidence and country experiences to lay out practical policy solutions and to devise a comprehensive and unified plan of action for combatting these economic and social disparities. This authoritative book is accessible to policy makers, students, and the general public interested in how to craft a brighter future by building a sustainable, green, and inclusive society in the years ahead.
Book Synopsis Confronting Inequality by : Jonathan D. Ostry
Download or read book Confronting Inequality written by Jonathan D. Ostry and published by Columbia University Press. This book was released on 2019-01-08 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice—and explain what policies we should choose instead to achieve a more inclusive economy. Jonathan D. Ostry, Prakash Loungani, and Andrew Berg demonstrate that the extent of inequality depends on the policies governments choose—such as whether to let capital move unhindered across national boundaries, how much austerity to impose, and how much to deregulate markets. While these policies do often confer growth benefits, they have also been responsible for much of the increase in inequality. The book also shows that inequality leads to weaker economic performance and proposes alternative policies capable of delivering more inclusive growth. In addition to improving access to health care and quality education, they call for redistribution from the rich to the poor and present evidence showing that redistribution does not hurt growth. Accessible to scholars across disciplines as well as to students and policy makers, Confronting Inequality is a rigorous and empirically rich book that is crucial for a time when many fear a new Gilded Age.
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.
Book Synopsis The Gap Between Rich And Poor by : Mitchell A Seligson
Download or read book The Gap Between Rich And Poor written by Mitchell A Seligson and published by Routledge. This book was released on 2019-07-15 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasing concern has been expressed by Third World leaders and international organizations alike over the growing gap between rich and poor nations. Between 1950 and 1980 alone, the per capita income gap between low-income and industrialized countries grew from $3,677 to $9,648. In addition, within the developing nations themselves, an ever-widening gap separates the rich from the poor. Other evidence suggests that middle-income countries may be gaining on the rich countries. Some research shows that the gap in education and health is narrowing rather rapidly, and studies of domestic inequality have revealed that growth with equity has occurred in a number of developing nations that have committed themselves to such a policy. This volume presents the evidence for both sides of the debate. It begins by stating the conventional wisdom–that international and internal gaps are widening–and goes on to examine the major explanations offered, which focus on culture, urban bias, dependency, and world-system analysis. The book then presents empirical studies on the existence and causes of the gap, as well as key case studies that challenge the conventional wisdom. Unique in its objectivity, this text does not seek to serve either side of the debate, but instead draws upon the best research in the field to highlight major issues and to present studies that have subjected the differing perspectives to rigorous empirical analysis. It will prove especially useful in courses on Third World development, political economy, comparative politics, development economics, the sociology of development, and related topics.
Book Synopsis Center Discussion Paper by : Yale University. Economic Growth Center
Download or read book Center Discussion Paper written by Yale University. Economic Growth Center and published by . This book was released on 1967 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Growth, Income Distribution, and Poverty by : Arne Bigsten
Download or read book Growth, Income Distribution, and Poverty written by Arne Bigsten and published by . This book was released on 2001 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Politics of Inclusive Development by : Samuel Hickey
Download or read book The Politics of Inclusive Development written by Samuel Hickey and published by . This book was released on 2015 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection brings together internationally-renowned experts to offer a comprehensive review of how politics shapes inclusive development in the global south. Each aspect of development is covered: social, economic, environmental and cultural, with each substantive chapter offering a systematic review of the evidence in the relevant field.
Book Synopsis The Political Economy of Growth by : Davi Simpson
Download or read book The Political Economy of Growth written by Davi Simpson and published by . This book was released on 1985 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Inclusive Growth, Development and Welfare Policy by : Reza Hasmath
Download or read book Inclusive Growth, Development and Welfare Policy written by Reza Hasmath and published by Routledge. This book was released on 2015-02-20 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent global financial crisis has increased the scope of poverty and inequality. The gap between the richest and poorest nations has become wider. National income inequality has also been on the rise. The prospect of a shift in designing and implementing development and welfare policies is strong in this new environment. The neoliberal policies of the Washington Consensus are giving way to development models which look to a more active government role in both economic and social policies. Meanwhile, in the parallel universe of welfare policy a fundamental realignment is already taking place. Faced with the current economic and social challenges, policy communities have turned to a variety of instruments to ensure that growth and social inclusion go together. This book offers a systematic analysis of the growing convergence on these matters in the development and welfare state literatures, utilizing the experiences of a myriad of jurisdictions around the world. Drawing upon the expertise of leading international policymakers, practitioners, and academics in the field, this book critiques the theoretical underpinning of growth and development, examine welfare state perspectives on inclusive growth and social/economic development, and presents lessons learned and best/worst practices from the experiences of developing and developed nations.
Download or read book Green Growth written by Gareth Dale and published by Zed Books Ltd.. This book was released on 2016-02-15 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: The discourse of ‘green growth’ has recently gained ground in environmental governance deliberations and policy proposals. It is presented as a fresh and innovative agenda centred on the deployment of engineering sophistication, managerial acumen and market mechanisms to redress the environmental and social derelictions of the existing development model. But the green growth project is deeply inadequate, whether assessed against criteria of social justice or the achievement of sustainable economic life upon a materially finite planet. This volume outlines three main lines of critique. First, it traces the development of the green growth discourse quaideology. It asks: what explains modern society’s investment in it, why has it emerged as a master concept in the contemporary conjuncture, and what social forces does it serve? Second, it unpicks and explains the contradictions within a series of prominent green growth projects. Finally, it weighs up the merits and demerits of alternative strategies and policies, asking the vital question: ‘if not green growth, then what?’
