In India, the tilt towards economic liberalisation started in 1985 when Government announced a series of measures aimed at deregulation and liberalisation of industry. This book traces developments in different aspects of industrialization during the post-Independence period.
Small and Medium Enterprises (SMEs) have emerged as an engine of growth in several developed and developing economies of the world. This book examines the constraints and the required changes which could convert the challenges to opportunities, helping the SMEs sector emerges as the saviour of the Indian economy in terms of employment generation.
East Asia's development experience, at least until its crisis in 1997, has been a source of hope for other countries in the South. And in modern economic theory, it has been at the centre of the debate about how the role of the state relates to processes of intentional economic progress.
Uses a postcolonial lens to question development's dominant cultural representations and institutional practices, investigating the possibilities for a transformatory postcolonial politics. This book examines development policy initiatives in such areas as 'governance, ' 'human rights' and 'participation'.
Balanced regional development has been an integral part of economic planning in India since the launching of the First Five Year Plan in 1951. This work provides an introduction to policies, programmes, and the issues pertaining to balanced development of various parts of the Indian economy.
The enactment of the Right to Information (RTI) Act 2005 was a landmark in the history of administration in India. This book contains 18 research papers contributed by researchers, social thinkers and academicians, who have studied the scope, different provisions, strengths and shortfalls of the RTI Act.
China has been the fastest-growing major nation for the past quarter of a century. The enterprises, even the state-owned ones, make their own production and operation decisions gearing to market demands instead of the administrative arrangements. This book presents an objective analysis on China's economic reform and practices in these fields.
Surveys major economic issues in the development of countries in the Middle East and North Africa (MENA) region since World War II. This book covers topics such as, patterns of growth, economic reform strategies, the role of OPEC and oil in development, water scarcity and agricultural policies, population, education strategies, and labor markets.
Paul Collier's contributions to development economics, and in regard to Africa in particular, have marked him out as one of the most influential commentators of recent times. This collection of his major writings provides an account of a range of macroeconomic, microeconomic and political economy topics concerned with Africa.
Paul Collier's contributions to development economics, and in regard to Africa in particular, have marked him out as one of the most influential commentators of recent times. This collection of his major writings provides an account of a range of macroeconomic, microeconomic and political economy topics concerned with Africa.
This book offers a global overview of the extant research on ethics in small and medium sized enterprises from major regions of the world. It presents research projects from a variety of countries that show both empirical and theoretical research in the area.
In light of the Asian financial crisis of 1997, Lai examines whether East Asian economies converged onto the liberal market model by studying the evolution of the financial sectors of Korea, Malaysia and Thailand. This includes sectoral diversification, the nature of competition, and the regulatory and supervisory frameworks.
Responding to new thinking about economic development and changed economic circumstances, governments' perceptions of their own role in the management of their economies have shifted. This volume distils the thinking eight economists on this changing function of government.
This path-breaking book argues that development is not a way of bettering other people but of governing them. With examples drawn from Mozambique, Ethiopia and Afghanistan, the book analyses the NGO movement, humanitarian intervention, sustainable development, human security, fragile states, migration and the place of racism within development.
This book reflects on current thinking in development economics and on what may happen over the next two decades. As well as studying development economics in retrospect, the volume explores the current debates and challenges and looks forward at the problems that affect the global capacity to achieve the Millennium Development Goals.
The regional development banks (RDBs) are important global institutions. Designed to provide readers with a guide to the RDBs, the author exposes the political nature of RDB development lending and demonstrates the need to include the RDBs in any discussion of reform of the global economic architecture.
Balanced regional development has always been an essential component of the Indian development strategy in order to ensure the unity and integrity of the nation. This work describes and examines various dimensions of regional economic disparities in India.
This investigation of China's reform process over the years 1979-1987 analyzes China's gradual transition to a market economy. It concludes that, although the reform programme has been a qualified success, further progress requires the introduction of private ownership.
Discusses the efforts to address issues like encouraging less successful sectors of the economy that have been complicated by forces of globalization and the ever-changing realities of global economy and appraises issues pertaining to economic reforms.
Kenya is a country of geopolitical and economic importance in East Africa. This critical analysis of sustainable development in post-independence Kenya offers a comprehensive policy framework within the context of the opportunities provided by the 2010 constitution.
This book explores the gendered nature of the historical emergence of modern finance markets and their expansion to a now global scale. It analyses the ways in which women were and still are marginalized in terms of financial activity and associated structures of power which play a critical role in shaping the contemporary global political economy.
Structural adjustment programmes are the largest single cause of increased poverty, inequality and hunger in developing countries. This is a comprehensive, real-life assessment of the impacts of the liberalization, deregulation, privatization and austerity that constitute structural adjustment.
While science has achieved a remarkable understanding of nature, affording humans an astonishing technological capability, it has led, through Euro-American global domination, to the muting of other cultural views and values, even threatening their continued existence.
While the importance of innovation to economic development is widely understood, the conditions conducive to it remain the focus of much attention. This title offers contributions to fundamental questions relating to the economics of innovation and technological change.
Mineral economies are less successful than their resource-deficient neighbours. This book examines this paradox, detailing problems faced by mineral economies. It claims the key factor is not the initial growth, but the maintenance of the economic and social conditions for sustaining that growth.
Sustainable development has become buzzword in different form across the globe. The field of sustainable development is conceptually divided into four general dimensions: social, economic, environmental and institutional. This book argues for sustainable development. It examines the environmental implications of the economic development process.
An exploration of the human-related aspects of sustainable development. It emphasizes the need to move away from an unwanted circumstance by being systemic in our thinking instead of symptomatic. In other words, we must stop treating symptoms without dealing with the cause.
Traditional development economics has recently been revolutionized by the application of new economic tools and concepts. 'Development Microeconomics' is the first in a series of books which looks at the entire spectrum of development economics issues.
Genetically modified (GM) (or transgenic) crops are produced using plant biotechnology to select desirable characteristics in plants and transfer genes from one organism to another. This title provides a perspective on the policy questions regarding GM crops and to help foster an intellectual climate conducive to achieving meaningful progress.
This book offers a step forward in finding out how the new decentralized institutional arrangements affect local economic development. In particular, it analyzes how local governments can use their increasing powers and responsibilities to improve productivity and quality of life in their territories.
Shows how Nobel Prize-winning economist Amartya Sen's capability approach can be coherently put to work in poverty reduction activities, so that the voices and values of the poor matter. This provides economists, philosophers, theologians, and practitioners with a way forward that addresses both theoretical and practical challenges.
Examines the long-term economic growth that has raised the West's material living standards to levels undreamed of by counterparts. This book argues that this growth has been driven by periodic technological revolutions that have transformed the West's economic, social and political landscape over time.
Weaves together the threads of peak oil, resource depletion, economic instability, and climate change and offers solutions, including: concrete strategies for personal adaptation; workable models of self-reliant local communities; and, frameworks to support international action on financial and economic reform.
Taking the 2008 Olympic Games in Beijing as an iconic turning-point and exploring key themes such as economic reform and sustainability, innovation and sustainability, globalisation and social development, this book analyses the prospects for sustainable reform and development in Post-Olympic China.
Represents thirty-five papers grouped into these major subject categories: foundational issues; the method of constitutional economics; incentives and constitutional choice; constitutional order; market order; distributional issues; fiscal and monetary constitutions; and, reform.
Locates the Poverty Reduction Strategy Paper framework within the broader context of international law and global governance, exploring its impact on third world state engagement with the global political economy and the international regulatory norms and institutions which support it.
This volume collects together papers from the 1999 ABCDE in Europe given by some of the most prominent thinkers on development issues. These papers reflect the fact that economic trends are demanding a more intense and dynamic flow of ideas and expertise between the developed and developing worlds.
Critically evaluates the leading theories of international economic development, from classical economic and sociological models to Marxist, poststructuralist, and feminist perspectives. This book also examines neoliberal conceptions of economic growth.
Offers a look at government confiscatory regulation of private property in the name of protecting so-called endangered plant and wildlife species that trample on Fifth Amendment guarantees. This book focuses on the extreme green movement that has cost many Americans their lives, jobs, and homes while saving only a handful of species.
Developing a new idea requires money, which poses a problem of trust. This title proposes a legal theory of economic growth that details how property, contract, and business laws help to unite capital and ideas. It demonstrates why ineffective private and business laws are the root cause of the poverty of nations in today's world.
Resilience, sustainability - these two words catch the spirit of the early twenty-first century. After a century of environmental neglect - in fact denial, by some of the worst polluters in the world - we have awoken. Global warming is a reality. This book shows how to survive the twenty-first century.
The twenty-first century will be defined by the fight against the scourges of poverty, inequality, and the threat of environmental collapse. This book argues that it requires a radical redistribution of power, opportunities, and assets to break the cycle of poverty and inequality and to give poor people power over their own destinies.
Provides an analysis of the main Chinese industrial sectors through case studies, data analysis and review of state-initiated policies. This book uses key sectors including automobile, steel, shipbuilding, high-speed railway and new energy, to analyze the development of China's industries, along with their challenges and future prospects.
The institutional endowment of a country determines government's regulatory choices, the public policies, incentives, and the direction of economic activities in the country and the level of the economic efficiency. This title examines how institutional endowment in Turkey influence economic and political structure.
This book is about the process of institutional change: its characteristics, determinants and implications for economic performance. With specific focus on Central Europe, Eastern Europe and Central Asia, this revised and updated edition examines the process of development, and its interdependence with institutions.
Offers an overview of potential challenges related to infrastructure, lop sided growth, corruption and education in India. This book explores potential opportunities and pitfalls in business sectors such as software, business process outsourcing, manufacturing, logistics, aviation, marketing and sales, and healthcare.
The 9th edition of Thirlwall's 'Economics of Development: Theory and Evidence' (formerly Growth and Development) represents the most thorough revision of this classic textbook to date. For nearly forty years, it has offered students a clear, comprehensive and rigorous overview of the economic aspects of growth and development.
The three volumes of the original work have been merged and edited to produce an abridged paperback that will be useful for students. The papers address a wide range of issues centred around solutions to the problems of international hunger and deprivation.
Offers comprehensive coverage of traditional economic problems and issues. This book presents traditional topics such as location of activities, growth and development, economic structure, land use, neighborhood development, and governance in ways that connect theory to 'the ground' realities.
This book explores the various traps that keep people mired in poverty, traps like poor nutrition, illiteracy, lack of access to health care, and others and presents eight keys to escaping these traps. Smith gives readers the tools they need to help people overcome poverty and to determine what approaches are most effective in fighting it.
Argues that much of foreign aid's failure is related to the institutions that structure its delivery. This book explores the workings of Sida and finds that Sida's institutions lead to perverse incentives and poor outcomes in the field. It also offers concrete suggestions about how to improve aid's effectiveness.
Offers a perspective on the transformation that is reshaping China's economic, social, and political systems. This title includes information across China's provinces and cities. It argues that, while the US struggles to restore its position in the world, China is creating an entirely fresh social and economic model for a 21st-century.
Asia's demand for second-generation financial institutions and markets needs to be met in order for the region's further development to be sustained. This book provides an assessment of practices and regulations in Asia's financial institutions and markets and documents the opportunities and challenges that lie in the region's financial systems.
Showcases how leading managers perceive the economic crisis and the future of globalization. This book offers answers, solutions and a roadmap for the roadblocks facing future economic growth which are proposed by leading minds from companies such as CISCO Systems, British Telecom, Lufthansa Technik, Henkel, Roland Berger, Kienbaum, and T-Systems.
Emerging markets are big news. But after the financial crisis, what does the future really hold for them? And what does this future mean for global business? George Magnus, one of the world's most respected economic analysts, is your guide through the challenges and opportunities for emerging markets and those doing business in them.
Demonstrates how Dubai's pioneering post-oil development strategies were implemented against a carefully managed backdrop of near complete political stability, despite the lack of democratisation and genuine civil society. This work also analyses Dubai's awkward relationship with its federal partners in the United Arab Emirates.
This book rejects the simple equation of capitalism with markets in favor of a three-level system -- a model that recognizes markets are administered by regulators through institutions, and governed by a political authority with the power to regulate behavior, punish transgressors, and redesign institutions.
Turkish agriculture has been experiencing a period of unique policy experiment over the years. A World Bank-initiated project, called the Agricultural Reform Implementation Project (ARIP), has been at the forefront of policy change. This book investigates the legacy of ARIP from a multi-disciplinary perspective.
This volume offers a critical look at what the science of ecology can and cannot provide to the development agenda, in light of the Millennium Development goals. The concluding section integrates lessons and principles outlined in each of the chapters.
Offers a unified approach for achieving sustainable development in industrialized nations. This title presents an analysis of the ways in which industrial states are unsustainable and how economic and social welfare are related to the environment, to public health and safety, and to earning capacity and meaningful and rewarding employment.
In an effort to understand the reasons for and consequences of the political backlash to the U.S. Supreme Court decision, Kelo v. New London, this book brings together a diverse group of scholars and practitioners who explore the uses and abuses of eminent domain and regulatory takings.
Distils complex issues surrounding Africa at the beginning of the 21st century. This book provides a 'map' for the reader to navigate between issues such as urban and rural livelihoods, the potential of fresh water fishing, health, the HIV/AIDS crisis, conflict and efforts at peacemaking.
Here, contributors provide a set of studies of emerging development issues, ranging from foundational matters to case studies. They address issues on the role of environmental resources in the development process, presenting explanations of existing situations and policies for the future.
While the Indian economy has performed well in terms of growth rate of GDP in the recent past, its performance in the form of human development indicators has been unsatisfactory. This book examines various issues associated with social uplift of Indian masses.
This is a revised and updated version of the celebrated 'Best Book on Chinese Economy'. It sets out to analyze and compare the operational mechanisms of the Chinese economy between the pre- and post-reform periods and through national, regional and local dimensions.
Economic development that is environmentally, socially and ethically sound is at the forefront of contemporary debates all over the world. This book looks at Bangladesh's ready-made garments (RMG) industry - facing demands for environmental and social management according to standards set by consumers in environmentally progressive societies.
India is the world's twelfth largest economy at market exchange rates and the third largest in purchasing power. Economic reforms have transformed it into the second fastest growing economy; however, it suffers from high levels of poverty, illiteracy, malnutrition and environmental degradation. This book presents issues dealing with India.
From bananas and coffee beans to cotton and chocolate, Fairtrade has grown to become an important global movement that has revolutionised the way we shop. This work explores the journey, through an often unjust system, that Fairtrade items make from farm to consumer. It also uncovers the shocking cost of our demand for cheaper food.
The World Bank has attracted equal amounts of criticism and praise. Critics are especially quick to decry the World Bank's hypocrisy - the pervasive gaps between the organization's talk, decisions, and actions. This book explores how the characteristics of change in a complex international organization make hypocrisy difficult to resolve.
Unique in its approach and in the methods and data employed, this book provides an in-depth evaluation of the financial system of Thailand, a proto-typical developing economy. It is useful not only as a guide to the Thai economy but more importantly as a means of assessing the impact that financial institutions and policy variation can have.
This volume examines the history of developmental policy in Sub-Saharan Africa and considers how different policy options might generate sustained economic growth and reduce poverty. It documents and interprets policy lessons and considers how to translate them to particular country contexts.
An expose on how the rise of China will affect the American way of life The End of Cheap China is a fun, riveting, must-read book not only for people doing business in China but for anyone interested in understanding the forces that are changing the world.
Agricultural production in India depends upon millions of small farmers. This book explains the system of agricultural finance in India. It provides an analysis of the role of NABARD as the apex refinance body, in promoting agricultural and rural development in India.
Why does capitalism fail to thrive in Africa? And is there an alternative system that will enhance economic development? This title focuses on the cultural influences, the traditional concept of Ubuntu with its emphasis on community, sharing and generosity, to establish an approach to economics that is rooted in African belief systems.
Follows the foreign aid money trail into the grasping hands of corrupt governments and shady underworld characters. This book proposes solutions that can make a difference to the world's poor - including cash infusions to defuse violence in times of drought, and steering the World Bank away from aid programs that are susceptible to corruption.
India's economic interests and its self imagination as an emerging global power have assumed a higher priority in defining India's foreign policy and security goals since early 1990s. This book deals with evolving political and economic dynamics and interactions of India with global and regional powers in West Asia.
This book focuses on the transformation of the WFP into the world's largest humanitarian agency, providing an in-depth account of responses to increasingly large and complex natural and man-made disasters. It examines food aid and looks to the new modalities that are required to make food more available to those in dire need.
The author has been one of the most influential thinkers and policy formulators in China during its reform period. This book sets out his views and relates how his views were formed and developed over the long reform period, including the full text of his important speeches and papers, together with appropriate introductory material.
Migration, both behind and beyond borders, has become an increasingly prominent issue in domestic and international debates. The HDR09 proposes to address this theme, exploring how the movement of people can expand human capabilities and entitlements, and how to address the underlying inequalities and distortions which limit the potential gains.
Features analytical studies that seek to explain the major differences in economic performance by considering the dynamics of international economic growth, diverging growth rates, economic structures, and sources of demand, successes and collapses in the developing world, and the episodes of real income stagnation of various countries.
Takes the readers into the secretive, chaotic, and brutal worlds inhabited by the economic gangsters. This title uses economics to get inside the heads of these 'gangsters', and proposes solutions that can make a difference to the world's poor. It looks at how economists use the tools to understand, and fight back against, corruption and violence.
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. This title shows how successful countries craft their own unique strategies - and what other countries can learn from them.
After half a century of disappointed hopes, where do developing countries go from here? In this volume, two economists refute some of the main myths of free market globalization in trenchant fashion. introducing the alternative economic policies that can be and have been successfully pursued.
Decentralization has become a fashionable policy prescription among reformers in Latin America. But how does it work in practice? This book seeks to answer this question by examining the experience of seven medium-sized provincial towns in Colombia and Chile.
This collection of cutting-edge articles focuses on recent shifts in thinking about land rights, particularly as they relate to women. Leading feminist scholars in the field provide searching treatment of the long-neglected subject of gender and access to land.
Argues that the desperate and greedy behaviour of the poor and their oppressors is not the enemy of international development, but its potential ally. This book says that we ought to resist taking sides in defence of the poor. It tries to get us to focus on doing more about the opportunity structure in the developing world.
The most populous country in Africa, Nigeria accounts for over half of West Africa's population. Although less than 25 percent of Nigerians are urban dwellers, at least 24 cities have populations of more than 100, 000. This book presents a broad selection of research on economic, political and social issues.
Inequality in the world is high and rising. The problem of global uneven development is central to, and inseparable from, the international development agenda. This book examines the causes and implications of international economic divergences. It also reviews economic growth and structural change patterns since the 1960s.
There has been a growing concern about the social and environmental risks which have come along with the progress achieved through a variety of mutually intertwined modernization processes. This book addresses how to understand the dynamics and governance of long term transformative change towards sustainable development.
The most recent account of what is going on in the fast changing world and Chinese economics. Topics in the book include economic development, banking and finance, education reform, consumption patterns, the impact of social networking, population dynamics, policy making, and the challenges ahead for the rising economic global superpower.
This book analyzes China's aid program and its connection to the broad range of state-sponsored development activities the Chinese call "economic cooperation." It explains what the Chinese are doing in their developmental state-sponsored economic engagement in Africa, how they do it, and why they are doing it.
Describes how to do a better job when designing and implementing household and village surveys for quantitative assessment of rural livelihoods in developing countries. This book draws on the experiences from a large global-comparative project, the Poverty Environment Network (PEN), to develop robust and validated methods.
Asks why economies of different countries develop in different ways. This title offers specific guidelines to help states make advantageous decisions about research and development, relationships with foreign firms and investors, and other critical issues.
By 'economic growth' economists mean, in the first place, annual increases in the nation's total output of goods and services - its national product. Economic growth and the productivity are impacted by individual enterprises, industrial sectors and the wider economy. This book presents leading edge research on this topic.
Rural infrastructure in India, though much improved than prior to economic reforms, is not commensurate with emerging challenges of globalisation to the rural economy. This book covers major issues pertaining to impacts of globalisation on rural sector of India.
Analyses the political contexts within which Japanese aid officials develop programs. This title tracks the tensions facing aid officials as they seek to negotiate between an organizational bias in the Japanese government of promoting 'growth-oriented' policies, and various demands for Japan to engage a broader array of 'human security' concerns.