The issue of the pros and cons of free trade from the point of view of developing countries refuses to dissipate, and in Latin America, the debate rages most fiercely. Argentina is still licking its wounds after a catastrophic past five years, and Brazil and others have hardened their line - even going so far as to initiate the influential new G20 group of the most powerful LDCs.
Who Gains from Free Trade examines the extent to which trade reforms have been an important source of the slowdown of economic growth, rising inequality and rising poverty as observed in...
The issue of the pros and cons of free trade from the point of view of developing countries refuses to dissipate, and in Latin America, the debate ...
Unlike the 1950s and 1960s, when the rising tide of economic growth lifted most economies, the last three decades have been characterized by a paradox of greater international economic integration as well as divergent economic growth performances. The growing North-South gap of the last two centuries has been moderated recently by the better economic performance of China, India and others in East Asia, implying the expansion of the 'middle income' category. This volume of analytical studies seeks to explain these major differences in economic performance in recent decades by considering...
Unlike the 1950s and 1960s, when the rising tide of economic growth lifted most economies, the last three decades have been characterized by a paradox...
The central argument of this study is that the segmented and oligopolistic financial and commodity markets, large income inequalities, and diverging accumulation behaviour of public and private sector agents are the structural and institutional features underlying the persistent macroeconomic imbalances. These factors also explain why, despite the similarity in initial economic structure and economic policies, the Philippines was systematically outperformed by many of its East Asian neighbours. Several quantitative techniques are applied including a Macroeconomic Social Accounting Framework...
The central argument of this study is that the segmented and oligopolistic financial and commodity markets, large income inequalities, and diverging a...
The dismal experience of many developing countries with the use of large inflows of commercial bank loans and official development assistance in the 1970s and 1980s has manifested the continuous external vulnerability of their economies. This study provides a rigorous theoretical and empirical analysis of the international aspects of development finance, Credit-rationing rules set by bank managers and donor governments, together with uncoordinated macroeconomic policies in the industrialized world, tend to create unstable and inadequate external financing conditions for the developing world....
The dismal experience of many developing countries with the use of large inflows of commercial bank loans and official development assistance in the 1...
Inequality in the world is high and rising. The problem of global uneven development is central to, and inseparable from, the international development agenda. In Uneven Economic Development, leading economists and development experts examine the causes and implications of international economic divergences. This comprehensive and timely book reviews economic growth and structural change patterns since the 1960s, before critically reviewing the respective role and impact of trade liberalization, macroeconomic policies, governance and institutions on comparative national economic performance,...
Inequality in the world is high and rising. The problem of global uneven development is central to, and inseparable from, the international developmen...
The world is witnessing the paradox of simultaneous increase in income and insecurity. According to available data, global average per capita income has increased in recent decades, while at the same time actual and perceived insecurity has also increased. This paradox is true for both developed and developing countries. However, the concrete form and causes of insecurity differs across these two groups of countries. To the extent that income levels in many developing countries are very low, economic insecurity in these countries takes a starker and chronic form.
In Financing for...
The world is witnessing the paradox of simultaneous increase in income and insecurity. According to available data, global average per capita incom...
How much would poor nations need to invest to eliminate poverty, get all children in school and provide adequate basic health care for all? Can they afford it? Financing Human Development in Africa, Asia and the Middle East provides some clear answers to these questions. The contributors assess feasible financing strategies underpinning actions to enhance human development in pursuance of the United Nations' Millennium Development Goals (MDGs). The contributors analyse these strategies in the context of broader concerns of economic development in nine countries in Africa, Asia and...
How much would poor nations need to invest to eliminate poverty, get all children in school and provide adequate basic health care for all? Can the...
In Retooling Global Development and Governance a team of UN experts debate new ideas about how to overcome deficiencies in the ongoing process of globalization and in the existing mechanisms for global economic governance. They do not claim to offer a blueprint, rather a set of ideas that could become the basis for a coherent "toolbox" designed to guide development policies and international cooperation.
Promising directions for reform discussed in the book include:
- Strengthening government capacities for formulating and implementing national development...
In Retooling Global Development and Governance a team of UN experts debate new ideas about how to overcome deficiencies in the ongoing proce...
The global economic crisis of 2008-2009 exposed systemic failings at the core of economic policy making worldwide. The crisis came on top of several other crises, including skyrocketing and highly volatile world food and energy prices and climate change. This book argues that new policy approaches are needed to address such devastating global development challenges and to avoid the potentially catastrophic consequences to livelihoods worldwide that would result from present approaches.
The contributors to the book are independent development experts, brought together by the UN to...
The global economic crisis of 2008-2009 exposed systemic failings at the core of economic policy making worldwide. The crisis came on top of severa...
Attention is increasingly being paid to the conceptualization of the sustainable development agenda that should guide global development efforts beyond 2015. New trends are shaping the international environment, suggesting that the world emerging from the recent economic and financial crisis will probably be very different from the one we have known so far. The emerging issues demand new concerted responses and new international efforts, which will have to be framed by new rules and more democratic and inclusive mechanisms of global governance.
Global Governance and Rules for the...
Attention is increasingly being paid to the conceptualization of the sustainable development agenda that should guide global development efforts be...
