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Author: Hilton L. Root Publisher: Princeton University Press ISBN: 0691171181 Category : Business & Economics Languages : en Pages : 345
Book Description
Why does capital formation often fail to occur in developing countries? Capital and Collusion explores the political incentives that either foster growth or steal nations' growth prospects. Hilton Root examines the frontier between risk and uncertainty, analyzing the forces driving development in both developed and undeveloped regions. In the former, he argues, institutions reduce everyday economic risks to levels low enough to make people receptive to opportunities for profit, stimulating developments in technology and science. Not so in developing countries. There, institutions that specialize in sharing risk are scarce. Money hides under mattresses and in teapots, creating a gap between a poor nation's savings and its investment. As a consequence, the developing world faces a growing disconnect between the value of its resources and the availability of finance. What are the remedies for eliminating this disparity? Root shows us how to close the growing wealth gap among nations by building institutions that convert uncertainty into risk. Comparing China to India, Latin America to East Asia, and contemporary to historical cases, he offers lessons that can help the World Bank and the International Monetary Fund to tackle the political incentives that are the source of poor governance in developing nations.
Author: Hilton L. Root Publisher: Princeton University Press ISBN: 0691171181 Category : Business & Economics Languages : en Pages : 345
Book Description
Why does capital formation often fail to occur in developing countries? Capital and Collusion explores the political incentives that either foster growth or steal nations' growth prospects. Hilton Root examines the frontier between risk and uncertainty, analyzing the forces driving development in both developed and undeveloped regions. In the former, he argues, institutions reduce everyday economic risks to levels low enough to make people receptive to opportunities for profit, stimulating developments in technology and science. Not so in developing countries. There, institutions that specialize in sharing risk are scarce. Money hides under mattresses and in teapots, creating a gap between a poor nation's savings and its investment. As a consequence, the developing world faces a growing disconnect between the value of its resources and the availability of finance. What are the remedies for eliminating this disparity? Root shows us how to close the growing wealth gap among nations by building institutions that convert uncertainty into risk. Comparing China to India, Latin America to East Asia, and contemporary to historical cases, he offers lessons that can help the World Bank and the International Monetary Fund to tackle the political incentives that are the source of poor governance in developing nations.
Author: Hilton L. Root Publisher: Princeton University Press ISBN: 140088019X Category : Business & Economics Languages : en Pages : 346
Book Description
Why does capital formation often fail to occur in developing countries? Capital and Collusion explores the political incentives that either foster growth or steal nations' growth prospects. Hilton Root examines the frontier between risk and uncertainty, analyzing the forces driving development in both developed and undeveloped regions. In the former, he argues, institutions reduce everyday economic risks to levels low enough to make people receptive to opportunities for profit, stimulating developments in technology and science. Not so in developing countries. There, institutions that specialize in sharing risk are scarce. Money hides under mattresses and in teapots, creating a gap between a poor nation's savings and its investment. As a consequence, the developing world faces a growing disconnect between the value of its resources and the availability of finance. What are the remedies for eliminating this disparity? Root shows us how to close the growing wealth gap among nations by building institutions that convert uncertainty into risk. Comparing China to India, Latin America to East Asia, and contemporary to historical cases, he offers lessons that can help the World Bank and the International Monetary Fund to tackle the political incentives that are the source of poor governance in developing nations.
Author: Gert Tinggaard Svendsen Publisher: Edward Elgar Publishing ISBN: 1848447485 Category : Business & Economics Languages : en Pages : 479
Book Description
Given the current global economic crisis that has its root causes in the psychology of the marketplace every bit as much as any other factor, the Handbook of Social Capital is timely, insightful, informed, informative, thoughtful and thought-provoking reading. . . A compilation of impressive and extensive scholarship, the Handbook of Social Capital is strongly recommended for academic and professional library reference collections. Library Bookwatch, Midwest Book Review The Handbook of Social Capital offers an important contribution to the study of bonding and bridging social capital networks, balancing the troika of sociology, political science and economics. Eminent contributors, including Nobel Prize winner Elinor Ostrom, explore the different scientific approaches required if international research is to embrace both the bright and the more shadowy aspects of social capital. The Handbook stresses the importance of trust for economies all over the world and contains a strong advocacy for cross-disciplinary work within the social sciences. Social capital is becoming one of the most important and hotly discussed topics of today. This inter-disciplinary Handbook intends to serve as a bridge for students and scholars across the social sciences.
Author: Sokratis M. Koniordos Publisher: Routledge ISBN: 1351915193 Category : Social Science Languages : en Pages : 213
Book Description
The concepts of social networks, social capital and trust play an increasingly central role in the social sciences. They have become indispensable conceptual tools for the analysis of post-industrial/late-modern societies, which are characterized by such features as the relative decline of formal hierarchies, the development of flexible social arrangements in the sphere of production and the extreme mobility of capital. This is the first book to study the interrelationships between these important concepts both theoretically and empirically. Drawing on empirical investigations from a range of diverse European social contexts, the contributors develop an economic sociology that builds on and extends established theoretical perspectives. The book opens with an introduction to the theoretical ideas: relating social capital to reciprocity, trust and social networks in line with current debates. The authors go on to discuss the concept of social embededdness, addressing the economic effects of social capital by examining the network and trust foundations of labour markets and investigating the structural limits of trusting networks. They conclude with an exploration of the impact of networking and the functioning of trust and social capital on the economic arrangements and performance of nascent capitalist economies in post-Communist Europe. This thematically unified collection by a team of distinguished contributors from across Europe provides an innovative and distinctive contribution to an expanding area of research.
Author: L. Sacconi Publisher: Springer ISBN: 0230306187 Category : Business & Economics Languages : en Pages : 393
Book Description
This book focuses on the concepts of social capital, corporate social responsibility, and economic development in relation to economic theory of institutions and behavioural economics. It also takes a macroeconomic and empirical approach, on the relationship between social capital, ethical behaviour and economic development.
Author: John C. Scott Publisher: Routledge ISBN: 1317928253 Category : Political Science Languages : en Pages : 225
Book Description
Despite a wealth of theorizing and research about each concept, lobbying and norms still raise a number of interesting issues. Why do lobbyists and politicians engage in cooperative behavior? How does cooperative behavior in lobbying affect policy making? If democratic participation is good, why do we view lobbying as bad? Lobbying engenders debate about its effects on the political process and on policy development. Sociologists and other social scientists remain concerned about how norms emerge, the content of norms, how widely they are distributed, and how they are enforced. Political scientists study how interest groups work together and influence the political process. Based on the experience of the author, a former lobbyist, this book looks at the social norms of lobbying and how such norms work in a general framework of other norms and legal institutions in the political process. In developing this argument, John C. Scott claims that: Embedded social relationships and trust-based social norms underpin everyday interactions among policy actors. These relationships and norms have concrete impacts on the policy making process. Social relationships and norms inhibit participation in the political process by outside actors. The investigation is conducted through an innovative theoretical framework, combining existing theoretical perspectives from different disciplines, and using a variety of data and methods, including longitudinal quantitative and social network data, interviews with lobbyists, activists, and policymakers, and anecdotal and historical examples. The Social Process of Lobbying provides refreshingly new empirical evidence and theoretical analysis on how networks of trust are neither all good nor all bad but are ambivalent: they can both improve policy and fuel collusion.
Author: Philippe Aghion Publisher: Elsevier ISBN: 0444520430 Category : Business & Economics Languages : en Pages : 839
Book Description
Featuring survey articles by leading economists working on growth theory, this two-volume set covers theories of economic growth, the empirics of economic growth, and growth policies and mechanisms. It also covers technology, trade and geography, and growth and socio-economic development.
Author: Gunnar Lind Haase Svendsen Publisher: ISBN: 9781845425333 Category : Cooperation Languages : en Pages : 0
Book Description
Argues that social capital is as crucial in economic decision-making, as the other more traditional factors of production. This book attempts to bridge the gap between theory and reality, by examining the main factors that determine entrepreneurship, co-operative movements, and the creation and destruction of social capital.
Author: Hilton L. Root
Author: Hilton L. Root
Author: Roberta Dessi
Author: Roberta DessÃ
Author: Hilton L. Root
Author: Gert Tinggaard Svendsen
Author: Sokratis M. Koniordos
Author: L. Sacconi
Author: John C. Scott
Author: Philippe Aghion
Author: Gunnar Lind Haase Svendsen