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Author: George L. Beckford Publisher: ISBN: 9789766400743 Category : Business & Economics Languages : en Pages : 346
Book Description
This is a revised edition of a seminal work on the nature of underdevelopment. It includes a new foreword and appendixes on the significance of plantations to Third World economies and the contribution that George Beckford made to Caribbean economic thought.
Author: George L. Beckford Publisher: ISBN: 9789766400743 Category : Business & Economics Languages : en Pages : 346
Book Description
This is a revised edition of a seminal work on the nature of underdevelopment. It includes a new foreword and appendixes on the significance of plantations to Third World economies and the contribution that George Beckford made to Caribbean economic thought.
Author: Jay Mandle Publisher: Routledge ISBN: 1136877533 Category : Business & Economics Languages : en Pages : 205
Book Description
First published in 1996, this insightful and informative text examines the post-emancipation and recent economic history of the Commonwealth Caribbean. Jay R. Mandle offers an explanation of the region’s continuing underdevelopment. Through the use of an analytical framework derived from the works of Marx and Kuznets, the book focuses attention on technological change as the driving force behind economic modernization. Persistent Underdevelopment begins by exploring how plantation agriculture had a limiting effect on industrial growth. Ultimately, plantation dominance receded; technological stagnation continued, however, and, under British colonial policy the Caribbean failed to modernise. The post-World War II era brought new efforts at modernisation through the economic policies of the left regimes of Manley, Burnham and Bishop. The concluding chapters point the way to policies that would enable the Caribbean to escape its current poverty and become an effective participant in world markets, finally achieving the goal of modern economic development.
Author: Jay R. Mandle Publisher: ISBN: 9780415584142 Category : Languages : en Pages : 190
Book Description
First published in 1996, this insightful and informative text examines the post-emancipation and recent economic history of the Commonwealth Caribbean. Jay R. Mandle offers an explanation of the region' s continuing underdevelopment. Through the use of an analytical framework derived from the works of Marx and Kuznets, the book focuses attention on technological change as the driving force behind economic modernization. Persistent Underdevelopment begins by exploring how plantation agriculture had a limiting effect on industrial growth.
Author: Raghuram G. Rajan Publisher: ISBN: Category : Languages : en Pages : 64
Book Description
Why is underdevelopment so persistent? One explanation is that poor countries do not have institutions that can support growth. Because institutions (both good and bad) are persistent, underdevelopment is persistent. An alternative view is that underdevelopment comes from poor education. Neither explanation is fully satisfactory, the first because it does not explain why poor economic institutions persist even in fairly democratic but poor societies, and the second because it does not explain why poor education is so persistent. This paper tries to reconcile these two views by arguing that the underlying cause of underdevelopment is the initial distribution of factor endowments. Under certain circumstances, this leads to self-interested constituencies that, in equilibrium, perpetuate the status quo. In other words, poor education policy might well be the proximate cause of underdevelopment, but the deeper (and more long lasting cause) are the initial conditions (like the initial distribution of education) that determine political constituencies, their power, and their incentives. Though the initial conditions may well be a legacy of the colonial past, and may well create a perverse political equilibrium of stagnation, persistence does not require the presence of coercive political institutions. We present some suggestive empirical evidence. On the one hand, such an analysis offers hope that the destiny of societies is not preordained by the institutions they inherited through historical accident. On the other hand, it suggests we need to understand better how to alter factor endowments when societies may not have the internal will to do so.
Author: Celso Furtado Publisher: Univ of California Press ISBN: 0520319710 Category : Business & Economics Languages : en Pages : 194
Book Description
This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1964.
Author: Raghuram Rajan Publisher: ISBN: Category : Developing countries Languages : en Pages : 62
Book Description
This paper suggests that the persistence of underdevelopment is not necessarily due to the existence of bad political, and consequently economic, institutions but that the deeper reason is the existence of self-perpetuating constituencies. Changing explicit institutions without changing the constituencies backing them is likely to be a futile exercise, for the constituencies against change will find a way around the constraints imposed by the institutions.
Author: Ejike Udeogu Publisher: Cambridge Scholars Publishing ISBN: 1527522733 Category : Political Science Languages : en Pages : 198
Book Description
The inadequacies of many past studies that have tried to highlight the causes of the persistent underdevelopment in developing countries—such as Nigeria—have been noted to derive mainly from the focus and, in some cases, the methodologies adopted by the researchers. It has been suggested that, although many researchers recognize the inability to reproduce sufficient profit as undermining the capitalist accumulation process (and as a result the development of an economy), they have nevertheless often tended to ignore the importance of the political-economic arrangement and historical factors in the formation of expectations about the rate of profit. Indeed, in some cases, they have failed to provide a substantive account of these critical variables. This book highlights how the inherent contradictions of the contemporary political-economic arrangement and some historical factors undermined the peculiar capital accumulation processes in Nigeria, which, in turn, has slowed economic development in the country. This book contributes to the field of Nigeria studies by filling gaps that exist in both theoretical and empirical literature on growth and development in the country, deviating from the orthodox approach of analysing the nation’s problems purely based on the factors internal to the country and by imposing ready-made theoretical logics on history. Rather, it studies Nigeria’s problems in juxtaposition with the world system and imposes historical evidence on theoretical logics. This book represents a good resource for both undergraduate and postgraduate courses on area studies. Researchers and policy-makers will also find it useful as a reference.
Author: National Academies of Sciences, Engineering, and Medicine Publisher: National Academies Press ISBN: 0309483980 Category : Social Science Languages : en Pages : 619
Book Description
The strengths and abilities children develop from infancy through adolescence are crucial for their physical, emotional, and cognitive growth, which in turn help them to achieve success in school and to become responsible, economically self-sufficient, and healthy adults. Capable, responsible, and healthy adults are clearly the foundation of a well-functioning and prosperous society, yet America's future is not as secure as it could be because millions of American children live in families with incomes below the poverty line. A wealth of evidence suggests that a lack of adequate economic resources for families with children compromises these children's ability to grow and achieve adult success, hurting them and the broader society. A Roadmap to Reducing Child Poverty reviews the research on linkages between child poverty and child well-being, and analyzes the poverty-reducing effects of major assistance programs directed at children and families. This report also provides policy and program recommendations for reducing the number of children living in poverty in the United States by half within 10 years.
Author: Mitchell A. Seligson Publisher: Lynne Rienner Pub ISBN: 9781588262066 Category : Business & Economics Languages : en Pages : 501
Book Description
Presenting both classic pieces and the most up-to-date arguments in the debates about issues of economic growth and inequality, this is a guide to understanding the causes and dynamics of persistent income gap between rich and poor countries, as well as rich and poor within the poor countries.
Author: George L. Beckford
Author: George L. Beckford
Author: Jay Mandle
Author: Jay R. Mandle
Author: Raghuram G. Rajan![Persistent Poverty; Underdevelopment in Plantation Economics of the Third World [by] George L. Beckford PDF](https://books.google.com/books/content/images/frontcover/FTK9wgEACAAJ?fife=w80-h100)
Author: George L. Beckford
Author: Celso Furtado
Author: Raghuram Rajan
Author: Ejike Udeogu
Author: National Academies of Sciences, Engineering, and Medicine
Author: Mitchell A. Seligson