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industries mushroomed and skilled jobs multiplied, thanks in part to flexible American policies that showed an awareness of the …, Alice Amsden argues provocatively that the more freedom a developing country has to determine its own policies, the faster … United States--will be far better off if new centers of power are met with sensible policies rather than hard …
Persistent link: https://www.econbiz.de/10004973018
In Market Institutions in Sub-Saharan Africa, Marcel Fafchamps synthesizes the results of recent surveys of indigenous market institutions in twelve countries, including Benin, Ghana, Kenya, Madagascar, Malawi, and Zimbabwe, and presents findings about economics exchange in Africa that have...
Persistent link: https://www.econbiz.de/10004973277
industries mushroomed and skilled jobs multiplied, thanks in part to flexible American policies that showed an awareness of the …, Alice Amsden argues provocatively that the more freedom a developing country has to determine its own policies, the faster … United States--will be far better off if new centers of power are met with sensible policies rather than hard …
Persistent link: https://www.econbiz.de/10004991841
Since the mid-1990s, emerging market economies have been hit by dramatic highs and lows: lifted by large capital inflows, then plunged into chaos by constrained credit and out-of-control exchange rates. The conventional wisdom about such crises is strongly influenced by the experience of...
Persistent link: https://www.econbiz.de/10005034430
What happened yesterday in the West is today being repeated on a global scale. Industrial society is replacing rural society: millions of peasants in China, India, and elsewhere are leaving the countryside and going to the city. New powers are emerging and rivalries are exacerbated as...
Persistent link: https://www.econbiz.de/10010535223
Recent decades have seen almost unprecedented economic growth in income per capita around the world. Yet this extraordinary overall performance masks a wide variation in growth rates across different countries, with persistent underdevelopment in some parts of the world. This disparity...
Persistent link: https://www.econbiz.de/10005034467
This wide-ranging review of some of the major issues in development economics focuses on the role of economic and political institutions. Drawing on the latest findings in institutional economics and political economy, Pranab Bardhan, a leader in the field of development economics, offers a...
Persistent link: https://www.econbiz.de/10005034507
Why do some countries grow and others do not? The authors of The Atlas of Economic Complexity offer readers an explanation based on "Economic Complexity," a measure of a society’s productive knowledge. Prosperous societies are those that have the knowledge to make a larger variety of more...
Persistent link: https://www.econbiz.de/10011141143
When have you gone into an electronics store, picked up a desirable gadget, and found that it was labeled “Made in Russia� Probably never. Russia, despite its epic intellectual achievements in music, literature, art, and pure science, is a negligible presence in world technology....
Persistent link: https://www.econbiz.de/10011141145
Financial systems are crucial to the allocation of resources in a modern economy. They channel household savings to the corporate sector and allocate investment funds among firms; they allow intertemporal smoothing of consumption by households and expenditures by firms; and they enable...
Persistent link: https://www.econbiz.de/10004973094