Author: Martin Neil Baily Publisher: Brookings Institution Press ISBN: 0815716311 Category : Business & Economics Languages : en Pages : 256
Book Description
For nearly two decades the U.S. economy has been plagued by two disturbing economic trends: the slowdown in the growth rates of productivity and average real wages and the increase in wage and income inequality. The federal budget is in chronic deficit. Imports have far exceeded exports for more than a decade. American competitiveness has been a source of concern for even longer. Many Americans worry that foreigners are buying up U.S. companies, that the economy is losing its manufacturing base, and that the gap between rich and poor is widening. In this book three of the nation's most noted economists look at the primary reasons for these trends and assess which of the many suggestions for change in policy—whether for increased tax incentives for investment, education reform, or accelerated research and development—are likely to work and which may not work and could even hinder economic development. The author's discuss a variety of issues connected with deindustrialization and diminished competitiveness, distinguishing between problems that would be of real concern and those that should not. They evaluate explanations for slow growth in aggregate productivity in the United States and its relation to slower growth in other industrialized countries. They discuss the performance of the various sectors of the U.S. economy and systematically examine the evidence for and against the major proposals for correcting the adverse trends in productivity and inequity. Growth With Equity clearly explains how the country can accomplish the challenge of accelerating growth and narrowing the gap that separates the rich from the poor. While recognizing that some of their recommendations may be politically painful, the authors stress the importance of adopting a purposeful, long-range policy to encourage growth, ensure equity, and reduce the government's equity.
Author: Barbara Stallings Publisher: Rowman & Littlefield ISBN: 9780815798293 Category : Business & Economics Languages : en Pages : 276
Book Description
A Brookings Institution Press and Economic Commission for Latin America and the Caribbean (ECLAC) publication In the last ten to fifteen years, the Latin American and Caribbean region has undergone the most significant transformation of economic policy since World War II. Through a series of structural reforms, an increasing number of countries have moved from closed, state-dominated economies to ones that are more market oriented and open to the rest of the world. Policymakers expected that these changes, in conjunction with lower rates of inflation and increased spending in the social area, would speed up economic growth, increase productivity, and lead to the creation of more jobs and greater equality. Have those expectations been fulfilled? Analyzing the impact of the reforms in nine countries (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Jamaica, Mexico, Peru), this study provides a detailed picture of progress to date. At the overall regional level, the book suggests, the reforms have had a surprisingly small impact: a small positive impact on investment and growth, and a small negative impact on employment and income distribution. But at the country, sectoral, and microeconomic levels, it finds evidence of strong effects, with some units doing very well and others falling behind.
Author: Ravi Kanbur Publisher: World Bank Publications ISBN: 9780821381816 Category : Political Science Languages : en Pages : 334
Book Description
Prepared by the Commission on Growth and Development, this volume brings together and evaluates the state of knowledge on the relationship between poverty, equity, and globalization.
Author: Chris Benner Publisher: Univ of California Press ISBN: 0520284410 Category : Social Science Languages : en Pages : 365
Book Description
In the last several years, much has been written about growing economic challenges, increasing income inequality, and political polarization in the United States. Addressing these new realities in America's metropolitan regions, this book argues that a few lessons are emerging: first, inequity is bad for economic growth; second, bringing together the concerns of equity and growth requires concerted local action; and third, the fundamental building block for doing this is the creation of diverse and dynamic epistemic (or knowledge) communities, which help to overcome political polarization and to address the challenges of economic restructuring and social divides. “As America bolts toward a more multiracial future in the face of skyrocketing inequality, local leaders are desperately seeking strategies to foster more inclusive growth. Chris Benner and Manuel Pastor's research uncovers a critical ingredient of success: diverse regional leaders coming together to build a foundation of shared knowledge and advance positive change.” -- ANGELA GLOVER BLACKWELL, Founder and CEO, PolicyLink CHRIS BENNER is the Dorothy E. Everett Chair in Global Information and Social Entrepreneurship, Director of the Everett Program for Digital Tools for Social Innovation, and Professor of Environmental Studies and Sociology at the University of California, Santa Cruz. His most recent book, coauthored with Manuel Pastor, is Just Growth: Inclusion and Prosperity in America's Metropolitan Region. His other books include This Could Be the Start of Something Big: How Social Movements for Regional Equity Are Transforming Metropolitan America and Work in the New Economy: Flexible Labor Markets in the New Economy. MANUEL PASTOR is Professor of Sociology and American Studies and Ethnicity at the University of Southern California, where he also serves as Director of USC's Program for Environmental and Regional Equity (PERE) and Codirector of USC's Center for the Study of Immigrant Integration (CSII). He is the coauthor of Uncommon Common Ground: Race and America's Future and This Could Be the Start of Something Big: How Social Movements for Regional Equity Are Transforming Metropolitan America.
Author: Stephen Goldsmith Publisher: Brookings Institution Press ISBN: 0815739494 Category : Political Science Languages : en Pages : 281
Book Description
Tested, practical ideas to meet current and future skilling needs of both workers and employers The labor market in the United States faces seemingly contradictory challenges: Many employers have trouble finding qualified applicants for current and future jobs, while millions of Americans are out of work or are underemployed—their paths to living-wage jobs blocked by systemic barriers or lack of adequate skills. Growing Fairly offers workforce development reforms that meet the needs of both workers and employers. Based on the experiences of hundreds of leaders and workers, the authors set out ten principles for designing a more effective and equitable system that helps workers obtain the skills necessary for economic mobility. The principles outlined in the book argue for a more comprehensive view of the skilling needs of current and prospective workers. They spell out the attributes of effective programs and make the case for skill-based hiring, widely distributed performance data, and collaboration. The book emphasizes the importance of local action to overcome the structural barriers that challenge even the most determined would-be learners. Growing Fairly shows cross sector leaders how to work across organizational boundaries to change the trajectory of individuals struggling to make a living wage. This is not a book of untested theories. Instead, it is written by practitioners for practitioners. Much of it is told through the voices of those who run programs and people who have taken advantage of them. While the issues the book addresses are profound, its take on the subject is optimistic. Between them, the authors have spent decades searching out and supporting effective practices. Even more critically, they have learned how to knit competing agencies and organizations into cohesive systems with coordinated missions. Their practical ideas will benefit a wide range of readers, from practitioners in the field to students and scholars of the American labor system.
Author: Jürgen Weller Publisher: United Nations Publications ISBN: Category : Business & Economics Languages : en Pages : 228
Book Description
In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Analysing the impact of the reforms on employment it is argued that expectations were not fulfilled with respect to the operation of the labour markets. The reforms limited the expansion of employment in some sectors, particularly in tradeable goods. They also created a bias in labour demad for better educated workers which exacerbates inequality. It is thus made clear that the region faces major challenges both in increasing the number of jobs and improving job equality.
Author: Richard McGahey Publisher: Rowman & Littlefield ISBN: 0815755570 Category : Political Science Languages : en Pages : 457
Book Description
A Brookings Institution Press and American Assembly publication Slow job growth, declining home values, a diminishing tax base, and concentrated poverty are but a few of the growing obstacles for well-established but struggling cities. Challenged by decades of globalization, technological change, and dramatic demographic shifts away from the urban core, these former industrial powerhouses, particularly in the Northeast and Midwest, have been eclipsed by burgeoning American cities with a viable niche in the new economy. In Retooling for Growth, experts present new frameworks, cutting-edge analysis, and innovative policy solutions for the nation's government, business, civic, and community leaders to sculpt a sustainable and supportable economy for older industrial areas. The unique focus on rehabilitating weak market cities outlines ideas for reshaping the role of public agencies, the workforce, business organizations, and technology. Implementation of these measures addresses challenges such as fostering entrepreneurship, reducing poverty and inequality, and maintaining and augmenting the number of skilled professionals who reside and work in a community, among others. This collection of essays offers practical, achievable strategies for revitalizing industrial areas and building upon the potential of existing but overlooked resources of economic, physical, and cultural significance. In this important volume, leading authorities provide a thought-provoking analysis of healthy economic development practices for both public and private sectors.
Author: Santiago Levy Publisher: World Bank Publications ISBN: 082137768X Category : Business & Economics Languages : en Pages : 476
Book Description
This work examines the relationship between equity and growth in Mexico. It looks at how specific inequalities in power, wealth and status have created and sustained economic institutions and policies that both tend to perpetuate these inequalities and are sources of inefficiences in the economy.
Author: Dale L. Hiestand Publisher: ISBN: 9780231881296 Category : BUSINESS & ECONOMICS Languages : en Pages :
Book Description
A study on the economic growth and the employment opportunities for minorities in America during the twentieth century. Specifically examines the changes in employment patterns, growth and decline of occupational fields, the social and economic changes towards racial equality, the role and impact of minority manpower in occupations and industries, geographic trends and influence on opportunities, and technological changes in the economy.
Author: Claude Gnos Publisher: Edward Elgar Publishing ISBN: 0857930729 Category : Business & Economics Languages : en Pages : 309
Book Description
'The editors of this volume have brought together an invaluable set of essays on each of these issues. The overall post-Keynesian message, of course one that comes through very clearly is that employment, growth and development are not at all separate topics, but each depend on the appropriate choice of macroeconomic policies for a monetary production economy.' John Smithin, York University, CanadaBringing together over a dozen post-Keynesian experts on the issues of employment, growth, development and exchange rates, this book breaks new ground by offering interesting and innovative insights into the problems faced today in both developed and developing countries. This topical book addresses unemployment in Europe, the wrong-headed reliance on NAIRU to formulate policy, distributional conflicts and financial factors, as well as problems faced in developing countries with respect to exchange rate policy, central banking, challenges to growth, and international financial flows. In the first part of the book the chapters deal with issues related to employment policies, economic growth and development while the second part is dedicated to development and growth issues in open-economy developing countries. Employment, Growth and Development offers an interesting analysis of the current economic issues from a post-Keynesian perspective that will appeal to academics and graduate students interested in development and economics.
Author: Martin Neil Baily
Author: Barbara Stallings
Author: Ravi Kanbur
Author: Chris Benner
Author: Stephen Goldsmith
Author: Jürgen Weller
Author: Richard McGahey
Author: Santiago Levy
Author: Dale L. Hiestand
Author: Claude Gnos