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From the Publisher: In the past fifty years, more than $1 trillion in development-related aid has been transferred from rich countries to Africa. Has this assistance improved the lives of Africans? No. In fact, across the continent, the recipients of this aid are not better off as a result of it, but worse-much worse. In Dead Aid, Dambisa Moyo describes the state of postwar development policy in Africa today and unflinchingly confronts one of the...
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"In One Economics, Many Recipes, leading economist Dani Rodrik argues that neither globalizers nor antiglobalizers have got it right. While economic globalization can be a boon for countries that are trying to dig out of poverty, success usually requires following policies that are tailored to local economic and political realities rather than obeying the dictates of the international globalization establishment. A definitive statement of Rodrik's...
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"Free enterprise is off the leash and chasing new opportunities for profit making across the globe. After a turbulent century of unprecedented social and technological change, Capitalism has emerged as the dominant ideology and model for economic growth in the richest, most developed countries. But only thirty years ago economic growth was faltering, inflation rising and the Left were arguing for greater state intervention in industry. How did this...
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Which global issues have the most impact on our lives at the beginning of the 21st century? What's the relationship between developments in politics, ecology, the economy, security, and systems of global government, and how do we as individuals address the problems that they raise in an increasingly globalized world? Global Trends and Global Governance offers answers to these questions. It is a concise and practical guide that explains the key political,...
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Charles Kindleberger's World Economic Primacy: 1500-1990 is a work of rare ambition and scope from one of our most respected economic historians. Extending over broad ranges of both history and geography, the work considers what it is that enables countries to achieve, at some period in their history, economic superiority over other countries, and what it is that makes them decline. Kindleberger begins with the Italian city-states in the fourteenth...
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In this study, the authors develop an indicator of the value of human capital stock held by the nation's working-age population. They then use that indicator to assess the utilization of the nation's human capital stock overall and by a number of demographic subgroups. This serves to complement the many existing indicators that measure the U.S. economy's capital utilization.
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In this powerful new book, Michael Fairbanks and Stace Lindsay argue that the tremendous advantages developing nations have in natural resources, inexpensive labor, and fertile soil have actually kept these nations poor. Their advantages - easily imitated in other areas around the world - have not been sufficient engines for growth. Billions of dollars have been spent to eradicate poverty; still these regions remain as dependent as ever on volatile...
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Explores economic theories to attempt to explain why some countries are richer than others. Argues that most differences are the result of country-specific policies which result in constraints on work practices and on the application of better production methods at the plant level. Such barriers imply differences in total factor productivity (TFP) at the aggregate level, suggesting that differences in international incomes are the result of differences...
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With high growth rates in Asia, most notably in China, India, and Southeast and Central Asia, Eurasia's economic centre of gravity is rapidly shifting to the East. At the same time, most of Europe faces serious barriers to growth in the long term. This volume examines the causes and consequences of this major shift in economic power.
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"Focuses on three key criteria for fostering broadly shared economic growth: enhancing economic security, building a highly skilled work force, and reforming the tax system. Proposals include reforming unemployment insurance, improving incentives for retirement saving, building quality into each level of education, and simplifying taxation and making it more progressive"--Provided by publisher.
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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, or perhaps ignorance of the right policies? Simply, no. None of these factors is either definitive or destiny. In this book the authors show that it is man-made political and economic institutions that underlie economic success (or lack of it). Based on fifteen years of original research, they marshall...
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This work focuses on the economic challenges the American economy has met during the post-World War II era and on the new challenges - represented notably by the competing economies of Japan, Germany, and the entire European Union - which confront it as the 21st century approaches. The book shows how the transformations brought about by international competition fit into the long-term processes of economic growth and change with respect to structural...
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"In this book, F.M. Scherer traces the evolution of economic growth theory from the Industrial Revolution to the present. Emphasizing technological change as the most crucial dynamic force for growth, Scherer analyzes early hypotheses that paid little attention to new technologies, follows the emergence of theories that increasingly emphasized technological change, and reviews the current state of economic growth theory. Pointing out a lack of solid...
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