From the local to the global

key issues in development studies

"Think globally, act locally" is a phrase that is often used nowadays to describe the importance of popular activism and an awareness of the issues surrounding globalization. This work is an accessible and comprehensive introduction to the key concepts in development which are central to ...

Growth theory and growth policy

The theory of economic growth has been one of the most important issues in the study of economics since the days of Adam Smith. This collection examines the phenomenon of economic growth. With contributions from such leading academic figures as Richard Arena and Philip Arestis ...

Financing economic development in the 21st century

This work offers a survey of the major mechanisms for financing economic development today. It explores the details of all the standard developmental tools, such as Tax Incremental Finance districts, angel and venture capital, and tax abatements

Public debt and endogenous growth

This book considers public debt dynamics in various endogenous growth models, namely the AK model and explicit models of innovation and human capital accumulation. Furthermore, the closed economy, the small open economy and a two-country world are analysed. In the closed economy model, the focus ...

New international poverty reduction strategies

The World Bank and the International Monetary Fund (IMF) launched a joint initiative at the end of 1999, stating that they intended to set the fight against poverty at the heart of their development policies. This book provides a critical analysis of the poverty reduction ...

Developement policy as public finance

How to raise and spend revenues in order to promote development in practice involves second-best considerations, which the analysis of the role of international trade, liberalization, and other economic reforms must take into account. Particular emphasis is placed on social cost- benefit analysis as a ...

Rural poverty, risk and development

Throughout their lifetime, men and women are subject to a wide variety of risks, such as illness, accident, death, or less directly, unemployment, crop failure, loss of property, disability, business failre and skill obsolescence. This volume investigates the relationships between rural poverty, risk, and development ...

Development planning and poverty reduction

The aim of development is always poverty reduction but the devil is in the detail and planning impacts heavily on the results. This study examines and evaluates macroeconomic strategies and their effectiveness in truly reducing poverty

Knowledge, inequality and growth in the new economy

During the past two centuries, major technological breakthroughs such as the steam engine and electricity have acted as the catalysts for growth and have resulted in a marked increase in material well-being. The dominant modern technology - information and communication technology (ICT) - does not seem to ...

Competitiveness strategy in developing countries

a manual for policy anaysis

This text seeks to generalize the lessons across developing country and enterprise cases, and sheds light on which trade and industrial strategies and instruments work best, and which do not work, in relation to manufacturing competitiveness. INDICE Part I Introduction, Concepts and Benchmarking: 1. Ganeshan ...

Money markets and politics

a study of european financial integration and monetary policy options

The dramatic evolution of financial markets in the 1980s and 1990s, accompanied by increasing institutional integration between nations (most notably in the EU), have fostered a widespread belief that governments - particularly those of small economies - have essentially lost the power to pursue sovereign, independent economic ...

La moderna economía del crecimiento

Este libro es una introducción a la economía del crecimiento a largo plazo. En él se hace un repaso de las diferentes aportaciones desde los autores clásicos, con especial énfasis en los modelos que han significado importantes avances en la literatura del crecimiento económico desde ...

The IMF and economic development

Why do governments turn to the International Monetary Fund (IMF) and with what effects? This book argues that governments enter IMF programs for economic and political reasons, and finds that the effects are negative on economic growth and income distribution. By bringing in the IMF ...

Promises not kept

poverty and the betrayal of Third World development

The 6th edition of this very accessible introductory text - the first to be published by Palgrave Macmillan - has been revised throughout to take account of the 'new American hegemony' and 'war on terrorism' of the early 21st century. Presenting a wide range of up-to-date facts ...

Volatile states

institutions, policy, and the performance of American state economies

Why do American state economies grow at such vastly different rates and manifest such wide differences in living standards? Volatile States identifies the sources of rising living standards by examining the recent economic and fiscal history of the American states. Delving deeply into the historical ...

China's economic growth

a miracle with Chinese characteristics

This title outlines the main characteristics of Chinese economic growth during the 1980s and 1990s, and investigates in detail the key determinants of growth, especially capital formulation and productivity issues

Stability and growth in Europe

towards a better pact

Monitoring European Integration was established in 1990 as an annual series of reports on the progress of economic integration in Europe. The objective of the reports is to raise the level of public discussion on European policy issues. Monitoring European Integration combines intellectual rigor with ...

Finance, intermediaries, and economic developement

This volume includes ten essays dealing with financial and other forms of economic intermediation in Europe, Canada, and the United States since the seventeenth century. Each relates the development of institutions to economic change and describes their evolution over time, as well as discussing several ...

Poverty and exclusion in North and South

essays on social policy and global poverty reduction

Since 1990 there has been a worrying increase in poverty in the industrialized countries of the "North", while many of the developing countries of the "South" have experienced some improvement. This collection argues that there are a number of likenesses between the predicaments of North ...

Economic growth

After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the 1950s and Cass- Koopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition ...