The World Bank remains one of the most prominent actors in the field of global development, and one of the foremost international organisations in contemporary global politics. Over its history, its lending for housing has mortgaged development by prioritising financial sector expansion over the needs of low-income groups. Through this book, Liam Clegg explores the drivers of World Bank operational practices, and the contribution of these operations to state transformations across the global South.
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Achieving Fiscal Sustainability
Edited by Naoyuki Yoshino and Peter J. Morgan
Sustainable and inclusive growth in emerging Asian economies requires high levels of public investment in areas such as infrastructure, education, health, and social services. The increasing complexity and regional diversity of these investment needs, together with the trend of democratization, has led to fiscal decentralization being implemented in many Asian economies. This book takes stock of some major issues regarding fiscal decentralization, including expenditure and revenue assignments, transfer programs, and sustainability of local government finances, and develops important findings and policy recommendations.
Entrepreneurship, Growth and Development in Uncertain Times
Edited by Nick Williams and Tim Vorley
Providing a coherent and clear narrative, Creating Resilient Economies offers a theoretical analysis of resilience and provides guidance to policymakers with regards to fostering more resilient economies and people. It adeptly illustrates how resilience thinking can offer the opportunity to re-frame economic development policy and practice and provides a clear evidence base of the cultural, economic, political and social conditions that shape the adaptability, flexibility and responsiveness to crises in their many forms.
The Rest Beyond the West
Edited by Vladimir Popov and Piotr Dutkiewicz
This book identifies possible factors responsible for the recent rise of many developing countries. It examines how robust these trends actually are and speculatively predicts the implications and consequences that may result from a continuation of these trends. It also suggests possible scenarios of future development. Ultimately, it argues that the rise of ‘the Rest’ would not only imply geopolitical shifts, but could lead to proliferation of new growth models in the Global South and to profound changes in international economic relations.
Towards a Capitalist Manifesto
This book makes the bold attempt at proposing a new general theory of economic development. The main premise is that economic institutions and policies must embody ‘economic discrimination’ if there is to be any chance of real economic development. By economic discrimination, the author means ‘treating differences differently’ by selecting and supporting economic entities and behaviour that contribute positively to the economy. The book identifies markets, government and corporations as the ‘holy trinity of economic development’, that is, the three most important institutions that must work together via economic discrimination to steer the economy towards real transformative progress. The book also warns against the current trend of economic egalitarianism or ‘not treating differences differently’ because it destroys economic incentives and results in an array of economic problems including growth stagnation.
Edited by Franco Malerba, Sunil Mani and Pamela Adams
In recent years many new international market leaders from the BRICS countries have emerged in several manufacturing and service industries. This important study answers a number of crucial questions including, how did these companies rise up to become important players in their respective industries? What is the contribution of systemic and country specific factors? What is the role of internal firm factors in enabling these companies to become market leaders? The book presents evidence from companies in the automotive, pharmaceutical and ICT industries of China, India and Brazil.
Edited by Kenneth A. Reinert
Characterised by conceptual diversity, the Handbook of Globalisation and Development presents contributions from prominent international researchers on all aspects of globalisation and carefully considers their role across a whole host of development processes. The Handbook is structured around seven key areas: international trade, international production, international finance, migration, foreign aid, a broader view, and challenges. Adopting a multi-disciplinary approach, the section on ‘a broader view’ delves into dimensions of globalisation and development that go beyond the mere economic, such as: culture, technology, health, and poverty. Carefully crafted, the chapters herein offer a rigorous and comprehensive assessment of the available research to date and provide an assessment of policy options across all areas considered.
- Elgar Research Reviews in Economics
Raghbendra Jha and Raghav Gaiha
Professor Jha and Professor Gaiha address important issues of food security in their wide-ranging selection of the most influential published contributions in this area of study. Their comprehensive, original Research Review discusses each article and places it within the context of twelve distinct themes, from which emerges a cogent view of the developing scholarly literature in this area and of the challenges that still remain.
- Elgar Research Reviews in Economics
Jayasri Dutta and Toke S. Aidt
Corruption is an almost universal and persistent feature of the modern state. Commentators primarily view corruption as a major obstacle to development, whereas dissenting voices claim that corruption has the power to facilitate trade that would otherwise not have taken place. Written by the editors, this research review provides an insightful discussion of the most significant works contributing to our understanding of this debate. Focusing on the key conceptual and theoretical issues, along with an examination of anti-corruption policies, this review is a valuable asset to scholars and academics alike.
Making Research and Innovation in Developing Countries Matter
Edited by Bo Göransson, Claes Brundenius and Carlos Aguirre-Bastos
The rise and expansion of organized scientific research has led individuals to become accustomed to an unceasing delivery of new scientific results and technical improvements that resolve even seemingly unsolvable problems. This timely book examines how science-based research and innovation is designed, implemented and applied in developing countries in support of development and poverty alleviation. The expert contributors trace and compare the emergence of national innovation systems (NIS) in four developing countries – Bolivia, Mozambique, Tanzania and Vietnam. Dedicated chapters on each country identify the main structural and organizational problems for improving the relevance and quality of research output for the productive sector, and conclude by offering suggestions on how the process of applying research outputs and innovations in support of development goals can be improved.