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Towards An Elite Theory Of Economic Development
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Book Synopsis Towards an Elite Theory of Economic Development by : Tomas Casas-Klett
Download or read book Towards an Elite Theory of Economic Development written by Tomas Casas-Klett and published by de Gruyter. This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutions, the humanly devised constraints of economic activity, are outcomes of elite agency. Leveraging ideas from economics, sociology, politics, and strategic management, this book proposes an 'elite theory of economic development'. The overarching goal is to foster sustainable value creation at the elite business model level. This work also aims to contribute to transformational leadership, and links are made to the annual Elite Quality Index (EQx), a measure of the value creation of national elites. Presents a theory of society, the economy, and the way the world actually is. Provides lucid analysis on elites and their contribution to economic and human development. Suggests practical frameworks and measurements for sustainable value creation and appropriation.
Book Synopsis The Role of Elites in Economic Development by : the late Alice H. Amsden
Download or read book The Role of Elites in Economic Development written by the late Alice H. Amsden and published by Oxford University Press. This book was released on 2012-09-27 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Elites have a disproportionate impact on development outcomes. While a country's endowments constitute the deep determinates of growth, the trajectory they follow is shaped by the actions of elites. But what factors affect whether elites use their influence for individual gain or national welfare? To what extent do they see poverty as a problem? And are their actions today constrained by institutions and norms established in the past? This volume looks at case studies from South Africa to China to seek a better understanding of the dynamics behind how elites decide to engage with economic development. Approaches include economic modelling, social surveys, theoretical analysis, and program evaluation. These different methods explore the relationship between elites and development outcomes from five angles: the participation and reaction of elites to institutional creation and change, how economic changes affect elite formation and circulation, elite perceptions of national welfare, the extent to which state capacity is part of elite self-identity, and how elites interact with non-elites.
Book Synopsis Political Capitalism by : Randall G. Holcombe
Download or read book Political Capitalism written by Randall G. Holcombe and published by Cambridge University Press. This book was released on 2018-07-19 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Problems associated with cronyism, corporatism, and policies that favor the elite over the masses have received increasing attention in recent years. Political Capitalism explains that what people often view as the result of corruption and unethical behavior are symptoms of a distinct system of political economy. The symptoms of political capitalism are often viewed as the result of government intervention in a market economy, or as attributes of a capitalist economy itself. Randall G. Holcombe combines well-established theories in economics and the social sciences to show that political capitalism is not a mixed economy, or government intervention in a market economy, or some intermediate step between capitalism and socialism. After developing the economic theory of political capitalism, Holcombe goes on to explain how changes in political ideology have facilitated the growth of political capitalism, and what can be done to redirect public policy back toward the public interest.
Book Synopsis Private Wealth and Public Revenue by : Tasha Fairfield
Download or read book Private Wealth and Public Revenue written by Tasha Fairfield and published by Cambridge University Press. This book was released on 2015-03-05 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book identifies sources of power that help business and economic elites influence policy decisions.
Book Synopsis Reimagining Growth by : Silvana De Paula
Download or read book Reimagining Growth written by Silvana De Paula and published by Zed Books. This book was released on 2005-05 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume a group of eminent economists and other social scientists seek to present an innovative new approach to economic development, drawing in part from certain heterodox intellectual traditions within economics as well as from the other social sciences. The intention is to point the way theoretically to a much more sophisticated understanding of economic development. The ultimate prize, they show, by grounding theory in a more accurate analysis of social change, is policies that really will deliver higher economic growth and greater social justice worldwide.
Book Synopsis The Wealth of the Elite by : Stamatios Tsigos
Download or read book The Wealth of the Elite written by Stamatios Tsigos and published by Springer Nature. This book was released on 2020-06-01 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the processes through which the modern forms of large fortunes are amassed. Despite the recent spate of governmental and non-governmental interest in inequality (be it wealth or income), the most privileged and fortunate have not generated much interest in mainstream economics. As the issue of wealth accumulation is multifaceted, the proposed book will not merely be an exercise in business history but deals with the issue from multiple perspectives, accordingly employing alternative research methods. Broadly, the trends and dynamics in high-tier wealth accumulation are coupled to the economic, political and social mechanisms that have been in play for at least half a century or more in some parts of the world. This approach leads to potential policy implications since much of the debate on wealth distribution centres on the extent to which wealth has been ‘justly’ attained. Further, how wealth is distributed in the capitalist system can have an impact upon economic growth.This book offers an alternative perspective on why we have witnessed the growth of a new social class of ultra rich. This book will be of interest to academics and researchers in international economic bodies.
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 New Power Elite by : Alan Shipman
Download or read book The New Power Elite written by Alan Shipman and published by Anthem Press. This book was released on 2018-04-13 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: Elites have always ruled – wielding inordinate power and wealth, taking decisions that shape life for the rest. In good times the ‘1%’ can hide their privilege, or use growing social mobility and economic prosperity as a justification. When times get tougher there’s a backlash. So the first years of the twenty-first century – a time of financial crashes, oligarchy and corruption in the West; persistent poverty in the south; and rising inequality everywhere – have brought elites and ‘establishments’ under unprecedented fire. Yet those swept to power by this discontent are themselves a part of the elite, attacking from within and extending rather than ending its agenda. The New Power Elite shows how major political and social change is typically driven by renegade elite fractions, who co-opt or sideline elites’ traditional enemies. It is the first book to combine the politics, economics, sociology and history of elite rule to present a compact, comprehensive account of who’s at the top, and why we let them get there.
Book Synopsis Inequality and Democratization by : Ben W. Ansell
Download or read book Inequality and Democratization written by Ben W. Ansell and published by Cambridge University Press. This book was released on 2014-12-18 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research on the economic origins of democracy and dictatorship has shifted away from the impact of growth and turned toward the question of how different patterns of growth - equal or unequal - shape regime change. This book offers a new theory of the historical relationship between economic modernization and the emergence of democracy on a global scale, focusing on the effects of land and income inequality. Contrary to most mainstream arguments, Ben W. Ansell and David J. Samuels suggest that democracy is more likely to emerge when rising, yet politically disenfranchised, groups demand more influence because they have more to lose, rather than when threats of redistribution to elite interests are low.
Book Synopsis The Rise and Decline of Nations by : Mancur Olson
Download or read book The Rise and Decline of Nations written by Mancur Olson and published by Yale University Press. This book was released on 2022-01-01 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A compelling theory on the rationale for the changing fortunes of nations"--Publisher's website.
Book Synopsis Development Theory by : David Lehmann
Download or read book Development Theory written by David Lehmann and published by Routledge. This book was released on 1979 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collection of four essays critiquing development theories and development policies relating to developing countries - discusses the meaning of economic and social development, role of USA development economics, and political development and the sociology of underdevelopment versus modernization. Bibliography after each chapter.
Book Synopsis Development Theory and the Three Worlds by : Björn Hettne
Download or read book Development Theory and the Three Worlds written by Björn Hettne and published by Longman Scientific and Technical. This book was released on 1995 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: An intellectual history of social science and development theories, describing early, primarily European theories on development and their transformation in response to Third World realities, and looking at the relationships between development theory, mainstream social sciences, and international political economy. This second edition discusses major events that have taken place since the 1990 edition, such as the Gulf War, the fall of the Berlin Wall, and the Rio Conference. Designed as a core text for upper-level undergraduates. A Longman imprint, published in the US by Wiley. Annotation copyright by Book News, Inc., Portland, OR
Book Synopsis Authoritarianism and the Elite Origins of Democracy by : Michael Albertus
Download or read book Authoritarianism and the Elite Origins of Democracy written by Michael Albertus and published by Cambridge University Press. This book was released on 2018-01-25 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that - in terms of institutional design, the allocation of power and privilege, and the lived experiences of citizens - democracy often does not restart the political game after displacing authoritarianism. Democratic institutions are frequently designed by the outgoing authoritarian regime to shield incumbent elites from the rule of law and give them an unfair advantage over politics and the economy after democratization. Authoritarianism and the Elite Origins of Democracy systematically documents and analyzes the constitutional tools that outgoing authoritarian elites use to accomplish these ends, such as electoral system design, legislative appointments, federalism, legal immunities, constitutional tribunal design, and supermajority thresholds for change. The study provides wide-ranging evidence for these claims using data that spans the globe and dates from 1800 to the present. Albertus and Menaldo also conduct detailed case studies of Chile and Sweden. In doing so, they explain why some democracies successfully overhaul their elite-biased constitutions for more egalitarian social contracts.
Book Synopsis Joseph A. Schumpeter by : Esben Sloth Andersen
Download or read book Joseph A. Schumpeter written by Esben Sloth Andersen and published by . This book was released on 2011 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book examines Schumpeter's dramatic theory of social and economic evolution as the pivot of his life and work. His theory emerged through a new combination of neoclassical economics, the historical school, and elite theory. It permeated not only his account for economic growth and development but also his studies of the routinised economy, business cycles, capitalism, the democratic system, and the evolution of economics. The book's comprehensive account resolves apparent paradoxes and clarifies Schumpeter's challenges to economists and other social scientists"--
Author :John Walton Publisher :[Austin] : Institute of Latin American Studies, University of Texas at Austin ISBN 13 : Total Pages :280 pages Book Rating :4.F/5 ( download)
Book Synopsis Elites and Economic Development by : John Walton
Download or read book Elites and Economic Development written by John Walton and published by [Austin] : Institute of Latin American Studies, University of Texas at Austin. This book was released on 1977 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Big Capital in an Unequal World by : Rosita Armytage
Download or read book Big Capital in an Unequal World written by Rosita Armytage and published by Berghahn Books. This book was released on 2020-01-10 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inside the hidden lives of the global “1%”, this book examines the networks, social practices, marriages, and machinations of Pakistan’s elite. Benefitting from rare access and keen analytical insight, Rosita Armytage’s rich study reveals the daily, even mundane, ways in which elites contribute to and shape the inequality that characterizes the modern world. Operating in a rapidly developing economic environment, the experience of Pakistan’s wealthiest and most powerful members contradicts widely held assumptions that economic growth is leading to increasingly impersonalized and globally standardized economic and political structures.
Book Synopsis The Economics of Growth by : Philippe Aghion
Download or read book The Economics of Growth written by Philippe Aghion and published by MIT Press. This book was released on 2008-12-19 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive, rigorous, and up-to-date introduction to growth economics that presents all the major growth paradigms and shows how they can be used to analyze the growth process and growth policy design. This comprehensive introduction to economic growth presents the main facts and puzzles about growth, proposes simple methods and models needed to explain these facts, acquaints the reader with the most recent theoretical and empirical developments, and provides tools with which to analyze policy design. The treatment of growth theory is fully accessible to students with a background no more advanced than elementary calculus and probability theory; the reader need not master all the subtleties of dynamic programming and stochastic processes to learn what is essential about such issues as cross-country convergence, the effects of financial development on growth, and the consequences of globalization. The book, which grew out of courses taught by the authors at Harvard and Brown universities, can be used both by advanced undergraduate and graduate students, and as a reference for professional economists in government or international financial organizations. The Economics of Growth first presents the main growth paradigms: the neoclassical model, the AK model, Romer's product variety model, and the Schumpeterian model. The text then builds on the main paradigms to shed light on the dynamic process of growth and development, discussing such topics as club convergence, directed technical change, the transition from Malthusian stagnation to sustained growth, general purpose technologies, and the recent debate over institutions versus human capital as the primary factor in cross-country income differences. Finally, the book focuses on growth policies—analyzing the effects of liberalizing market competition and entry, education policy, trade liberalization, environmental and resource constraints, and stabilization policy—and the methodology of growth policy design. All chapters include literature reviews and problem sets. An appendix covers basic concepts of econometrics.