A landmark contribution to our understanding of economic development. This significant book argues that fundamental changes in deeply rooted institutions do not happen because of outsiders' money, advice, pressures, or even physical force; which explains why foreign aid has not, and can not,...

1. The World Bank and Wolfensohn era reforms -- 2. The ABCs of the World Bank -- 3. A framework for modeling Bank behavior -- 4. The dynamics of epistemic economic change -- 5. Application to debt relief, participation and knowledge -- 6. Application to social capital -- 7. Application to...

1. An investigation on the growth performance of small tourism countries -- 2. Forecasting international tourism demand and uncertainty for Barbados, Cyprus and Fiji -- 3. Land, environmental externalities and tourism development -- 4. Tourism, increasing returns and welfare -- 5. How to develop...

This book argues that the capacity of a country to develop, and the levels of economic and social development achieved, depend more on the institutional parameters within which the development policies are implemented than on the policies themselves. It contends that forces of globalisation...

This book argues that orthodox theory is based on many unreal assumptions, and that there are sound economic arguments for selective protection of industrial activities in the early stages of economic development. The historical evidence of the now-developed countries also illustrates this fact

"This timely book offers a concise summary of new developmentalism, exploring this in the context of both heterodox economics and political economy. It adopts a historical-structural method that is critical of orthodox or Neoclassical Economics. Luis Carlos Bresser-Pereira delves into the roots...

"Providing an authoritative yet accessible introduction to the Asian Development Bank (ADB), this comprehensive Companion offers a detailed examination of the ADB's objectives, policies, development outcomes, strengths and weaknesses, areas for reform, and challenges going forward. M.G. Quibria...

Financial globalization has made monetary policy formulation in emerging market economies increasingly complicated. This timely set of studies looks at the turmoil in global financial markets, which coupled with volatile inflation poses serious challenges for central banks in these countries....

This book studies the impact of Egypt's Economic Reform and Structural Adjustment Programme (ERSAP), the effects of which have been of great interest to the international community. Organizations such as the World Bank and the IMF uphold the programme as a success story and example for other...