Showing 1 - 10 of 142
Thailand's development strategy has been strongly market-oriented and open to trade and investment flows with the rest of the world. Since the late 1950s, its growth performance has been outstanding. Poverty incidence has declined dramatically, but economic inequality has increased. Economic...
Persistent link: https://www.econbiz.de/10008809230
South Africa has exhibited tepid economic growth over the past twenty years as well as high levels of income inequality characteristic of a middle income country growth trap. This paper compares and contrasts South Africa's growth trap relative to middle-income peer economies. In addition, we...
Persistent link: https://www.econbiz.de/10010434420
This piece synthesizes the development strategies of Korea, Malaysia, Thailand and Vietnam and draws some relevant lessons. Using a complex adaptive systems approach, strategic openness, a set of heterodox macroeconomic policies, creation of institutions for productive investment in both...
Persistent link: https://www.econbiz.de/10008660869
Reflection about the role of corporate social investment in Brazil, associated with the presence of a large economic enterprise, is the major stimulus of this paper. It seeks to present how cross-sector governance can contribute to the social development of a city and how this process can be led...
Persistent link: https://www.econbiz.de/10011646295
Gunnar Myrdal published Asian Drama in 1968, a work which made important analytical contributions to our understanding of development but was deeply pessimistic about Asia's future prospects. Since then, contrary to Myrdal's expectations, Asia's development has been remarkable, although...
Persistent link: https://www.econbiz.de/10011938218
Do sovereign wealth funds (SWFs) contribute to Africa's development? This paper assesses the objectives of SWFs (fiscal stabilization, productive investment, intergenerational saving) and discusses alternatives. We argue that fiscal stabilization funds are often necessary, but entail...
Persistent link: https://www.econbiz.de/10013469624
'Leadership' is not a common topic for research in international development. In recent years, however, prominent … studies like the 2008 Growth Commission Report noted the importance of leadership in development. This and other studies … complex multi-agent leadership interventions - not individual heroes. …
Persistent link: https://www.econbiz.de/10010187197
It is widely believed that clientelism-the giving of material goods in return for electoral support-is associated with poorer development outcomes. However, systematic cross-country evidence on the deleterious effects of clientelism on development outcomes is lacking. In this paper we examine...
Persistent link: https://www.econbiz.de/10012545471
This paper describes the results of an impact evaluation of the National Solidarity Programme, a community-driven development programme in Afghanistan that created democratic village councils and funded small-scale development projects. Using a randomized controlled trial across 500 villages, we...
Persistent link: https://www.econbiz.de/10010192397
Public sector reforms are commonplace in developing countries. Much of the literature about these reforms reflects on their failures. This paper asks about the successes and investigates which of two competing theories best explain why some reforms exhibit such positive deviance. These theories...
Persistent link: https://www.econbiz.de/10010194483