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Author: Charles L. Marohn, Jr. Publisher: John Wiley & Sons ISBN: 1119564816 Category : Business & Economics Languages : en Pages : 262
Book Description
A new way forward for sustainable quality of life in cities of all sizes Strong Towns: A Bottom-Up Revolution to Build American Prosperity is a book of forward-thinking ideas that breaks with modern wisdom to present a new vision of urban development in the United States. Presenting the foundational ideas of the Strong Towns movement he co-founded, Charles Marohn explains why cities of all sizes continue to struggle to meet their basic needs, and reveals the new paradigm that can solve this longstanding problem. Inside, you’ll learn why inducing growth and development has been the conventional response to urban financial struggles—and why it just doesn’t work. New development and high-risk investing don’t generate enough wealth to support itself, and cities continue to struggle. Read this book to find out how cities large and small can focus on bottom-up investments to minimize risk and maximize their ability to strengthen the community financially and improve citizens’ quality of life. Develop in-depth knowledge of the underlying logic behind the “traditional” search for never-ending urban growth Learn practical solutions for ameliorating financial struggles through low-risk investment and a grassroots focus Gain insights and tools that can stop the vicious cycle of budget shortfalls and unexpected downturns Become a part of the Strong Towns revolution by shifting the focus away from top-down growth toward rebuilding American prosperity Strong Towns acknowledges that there is a problem with the American approach to growth and shows community leaders a new way forward. The Strong Towns response is a revolution in how we assemble the places we live.
Author: Ann Harrison Publisher: University of Chicago Press ISBN: 0226318001 Category : Business & Economics Languages : en Pages : 674
Book Description
Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.
Author: Dominique P. van de Walle Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
A revised version is forthcoming in Review of Development Economics. Unless disparities in education are addressed, market-oriented reforms will generate inequitable agricultural growth in Vietnam. If the marginal gains from investment in physical capital depend positively on knowledge, but a household cannot hire skilled labor to compensate for low skills, then even if it has access to credit the household will achieve lower returns than an educated household. If, as is common, the income-poor are less educated because of failures in the credit market and because they live in areas where there is less access to schooling, then the poor will also have lower returns on investments. Van de Walle tests this argument for the case of irrigation infrastructure in Vietnam. She asks how a household's education level and demographic characteristics influence the gains to household income from irrigating previously unirrigated land. The net marginal benefit of irrigation increases strongly with the education of a household. The results suggest that unless disparities in education are addressed, market-oriented reforms will generate inequitable agricultural growth in Vietnam. This paper - a product of Public Economics, Development Research Group - is part of a larger effort in the group to understand the determinants of poverty and the policy implications.
Author: Thorsten Beck Publisher: World Bank Publications ISBN: Category : Finance Languages : en Pages : 36
Book Description
"While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions about the impact of financial development on changes in income distribution and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the incomes of the poor. Countries with better-developed financial intermediaries experience faster declines in measures of both poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse causality"--National Bureau of Economic Research web site.
Author: Mr.Sanjeev Gupta Publisher: International Monetary Fund ISBN: 1451849842 Category : Business & Economics Languages : en Pages : 42
Book Description
This paper demonstrates that high and rising corruption increases income inequality and poverty by reducing economic growth, the progressivity of the tax system, the level and effectiveness of social spending, and the formation of human capital, and by perpetuating an unequal distribution of asset ownership and unequal access to education. These findings hold for countries with different growth experiences, at different stages of development, and using various indices of corruption. An important implication of these results is that policies that reduce corruption will also lower income inequality and poverty.
Author: Ms. Valerie Cerra Publisher: International Monetary Fund ISBN: 1513572660 Category : Business & Economics Languages : en Pages : 54
Book Description
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.
Author: Michael A. Clemens Publisher: ISBN: Category : Languages : en Pages : 52
Book Description
Global private capital flows have barely touched the poorest nations; the rich invest mostly with the rich. Confronted with this wealth bias in cross-border investment flows, one of the starkest facts of the global economy, theorists and empiricists have spent roughly the last decade looking for an explanation. It is possible that failures in the global capital market prevent capital from exploiting high returns in poor countries; it is also possible that fundamental returns to investment are lower in poor countries. Could a rich-country social planner, capable only of forcing capital flows across borders but not directly into the handsof individual poor-country entrepreneurs, improve the efficiency of the global capital allocation? She could - but only to the extent that market failures cause wealth bias, and moreover, only to the extent that those market failures drive wedges expressly across international boundaries. A novel empirical framework uses standard data to conclude that 85% of wealth bias, whether caused by market failure or not, is domestic in origin. That is, poor country lenders are deterred from investing in poor countries to nearly the same degree that rich-country lenders are. Schematically speaking, investors at the National Stock Exchange in Mumbai face much the same incentives to invest in India as do their counterparts on Wall Street.
Author: Dominique Van de Walle
Author: Dominique Van de Walle
Author: Charles L. Marohn, Jr.
Author: Ann Harrison
Author: Dominique P. van de Walle
Author: Nancy Birdsall
Author: Robert G. Lynch
Author: Thorsten Beck
Author: Mr.Sanjeev Gupta
Author: Ms. Valerie Cerra
Author: Michael A. Clemens