How do you measure the progress countries are making in economic development? Should measurements focus on per capita income or output? Or should assessments also consider education, health, a clean environment, or a participatory political system? These questions have vexed national leaders, international donor agencies, and development practitioners for decades. This book was conceived to address the lack of definitive, comprehensive measures of development among policymakers, economists, and other social scientists. It presents a unique and innovative measurement system for country...
How do you measure the progress countries are making in economic development? Should measurements focus on per capita income or output? Or should a...
One of the key constraints to accelerated economic performance in developing countries is, in the authors' view, the absence of strong, dynamic financial systems. Many, if not most, developing countries suffer from repressed financial systems. Thus the most important step in effecting the development of capital markets is to lay a foundation of sound macroeconomic and regulatory policies conducive to financial sector development. This book presents an approach to financial sector reform composed of financial sector diagnosis, policy and institutional targeting, macroeconomic reforms, bank...
One of the key constraints to accelerated economic performance in developing countries is, in the authors' view, the absence of strong, dynamic fin...