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Author: Pranab Bardhan Publisher: MIT Press ISBN: 9780262261814 Category : Business & Economics Languages : en Pages : 324
Book Description
This wide-ranging review of some of the major issues in development economics focuses on the role of economic and political institutions. Drawing on the latest findings in institutional economics and political economy, Pranab Bardhan, a leader in the field of development economics, offers a relatively nontechnical discussion of current thinking on these issues from the viewpoint of poor countries, synthesizing recent research and reflecting on where we stand today. The institutional framework of an economy defines and constrains the opportunities of individuals, determines the business climate, and shapes the incentives and organizations for collective action on the part of communities; Pranab Bardhan finds the institutional framework to be relatively weak in many poor countries. Institutional failures, weak accountability mechanisms, and missed opportunities for cooperative problem-solving become the themes of the book, with the role of distributive conflicts in the persistence of dysfunctional institutions as a common thread. Special issues taken up include the institutions for securing property rights and resolving coordination failures; the structural basis of power; commitment devices and political accountability; the complex relationship between democracy and poverty (with examples from India, where both have been durable); decentralization and devolution of power; persistence of corruption; ethnic conflicts; and impediments to collective action. Formal models are largely avoided, except in two chapters where Bardhan briefly introduces new models to elucidate currently under-researched areas. Other chapters review existing models, emphasizing the essential ideas rather than the formal details. Thus the book will be valuable not only for economists but also for social scientists and policymakers.
Author: Pranab Bardhan Publisher: MIT Press ISBN: 9780262261814 Category : Business & Economics Languages : en Pages : 324
Book Description
This wide-ranging review of some of the major issues in development economics focuses on the role of economic and political institutions. Drawing on the latest findings in institutional economics and political economy, Pranab Bardhan, a leader in the field of development economics, offers a relatively nontechnical discussion of current thinking on these issues from the viewpoint of poor countries, synthesizing recent research and reflecting on where we stand today. The institutional framework of an economy defines and constrains the opportunities of individuals, determines the business climate, and shapes the incentives and organizations for collective action on the part of communities; Pranab Bardhan finds the institutional framework to be relatively weak in many poor countries. Institutional failures, weak accountability mechanisms, and missed opportunities for cooperative problem-solving become the themes of the book, with the role of distributive conflicts in the persistence of dysfunctional institutions as a common thread. Special issues taken up include the institutions for securing property rights and resolving coordination failures; the structural basis of power; commitment devices and political accountability; the complex relationship between democracy and poverty (with examples from India, where both have been durable); decentralization and devolution of power; persistence of corruption; ethnic conflicts; and impediments to collective action. Formal models are largely avoided, except in two chapters where Bardhan briefly introduces new models to elucidate currently under-researched areas. Other chapters review existing models, emphasizing the essential ideas rather than the formal details. Thus the book will be valuable not only for economists but also for social scientists and policymakers.
Author: Maria Cecilia Acevedo Publisher: ISBN: Category : Languages : en Pages :
Book Description
I employed an Instrumental Variables approach together with Fixed Effects estimators to calculate the effect of exogenous variation in productivity on the dynamics of the conflict, to find that citizens security improves in high-productivity period and worsens in low-yield months.
Author: Oeindrila Dube Publisher: ISBN: Category : Civil war Languages : en Pages : 328
Book Description
My third essay addresses how immigration affects the educational achievement of non-immigrant students. I use data from over 4700 public elementary schools in California and proxy for the share of foreign-born students with the share of students who speak English as a second language. Exploiting cohort-to-cohort variation within a grade within a school, I find that a rise in the proportion of non-English proficient students leads to modest, but significant declines in the test scores of native students, in both Math and English. The analysis suggests that there may be real competition over access to local public goods such as education, addressing one key impetus behind the political strife around immigration.
Author: Deepankar Basu Publisher: Taylor & Francis ISBN: 1000246000 Category : Business & Economics Languages : en Pages : 359
Book Description
This book presents a comprehensive overview of three key areas: heterodox macroeconomics, development economics and classical political economy. It offers an alternative macroeconomic framework to analyse policies with an emphasis on issues of equity and justice. With contributions by leading economists from across the world, it examines the growth and distribution of income; trade and finance in developing countries; classical political economy and Marxist theory; dualism in the US economy; economic crisis; and agrarian economy in poor countries. It explores themes such as the effect of an exogenous shock to wage share; Harrodian instability and Steindlian solutions; economics and politics of social democracy; the role of power in the macroeconomy; economic development through the promotion of domestic value chains; and reflections on primitive accumulation. Going beyond the neo-classical tradition, the volume opens up a new vista of economics by discussing unexplored questions. It provides a refreshing treatment of time-tested ideas as well as discussions of recent developments and current research. A major intervention in heterodox macroeconomics and a tribute to macroeconomist Amit Bhaduri, this book will be useful to scholars and researchers of economics, political economy, development studies, sociology, political science, public administration, economic theory, economic history, economic geography and critical studies, as well as professionals, economists and policymakers.
Author: Andrés Solimano Publisher: Edward Elgar Publishing ISBN: 9781845425715 Category : Political Science Languages : en Pages : 368
Book Description
Political Crises, Social Conflict and Economic Development is a rare attempt to undertake comparative political economy analysis of the Andean region and thus represents a welcome contribution. . . It is clearly written and will engage scholars interested in Latin America from a wide range of disciplines. Jonathan di John, Journal of Agrarian Change This collection of essays on the political economy of the Andean region goes to the heart of the struggle these smaller economies face in completing crucial reforms and achieving higher growth. Andrés Solimano has brought together the best and the brightest talent from each country, the result being the most compelling analysis ever of how enclave development and a historical dependence on primary exports renders these countries distinctly Andean. As the essays argue, the political solutions and economic remedies must address this phenomenon, rather than mimicking those strategies of the larger emerging market countries in the region. Carol Wise, University of Southern California, US The contributors to this authoritative volume analyze the impact of political crises and social conflict on economic performance in the Andean region of Latin America. The blend of theory and case studies is also relevant for understanding other complex societies in the developing world and transition economies. The book provides illuminating insights on how to understand, and survive, the complicated interactions between volatile politics, unstable democracies, violence, social inequality and uneven economic performance. Recent political economy theories are combined with valuable quantitative and qualitative information on presidential crises, breakdowns of democracy, constitutional reforms, quality of institutions, and social inequality and exclusion to understand actual country realities. Part I provides the conceptual framework and a regional perspective of the book. Part II contains five political economy country studies Bolivia, Colombia, Ecuador, Peru and Venezuela written by leading scholars in the field and former senior policymakers, including a former President. Together, the chapters highlight the detrimental effects of political instability and social conflict on economic growth and stability, as well as the feedback effects from poor economic performance on political instability and institutional fragility. The country studies warn that narrow economic reforms that do not pay adequate attention to politics, institutions and social structures are bound to fail in bringing lasting prosperity and stability to complex societies. Examining new and rich information on episodes of political turmoil, military interventions, forced presidential resignations, constitutional reforms and social uprisings, this book will be required reading for all those interested in the interface of politics and economic development.
Author: Albert O. Hirschman Publisher: Cambridge University Press ISBN: 9780521238267 Category : Business & Economics Languages : en Pages : 324
Book Description
This book brings together fourteen articles and papers written by Albert O. Hirschman. About half deal with the interaction of economic development with politics and ideology, the area in which Hirschman perhaps has made most noted contributions. Among these papers are 'The Rise and Declines of Development Economics', a magisterial and yet pointed essay in intellectual history and his famous article 'The Changing Tolerance for Income Inequality in the Course of Economic Development'. Hirschman's ability to trespass - or rather his inability not to trespass - from one social science to another and beyond is the unifying characteristic of the volume. Authoritative, searching surveys alternate here with essays presenting some of Hirschman's characteristic inventions, for instance the 'tunnel effect' and 'obituary-improving activities'. Three of the papers have not been published previously and a number of introductory notes have been especially drafted for the present volume to evoke the intellectual-political climate in which certain groups of essays were written.
Author: Pranab K. Bardhan Publisher: Mit Press ISBN: 9780262524292 Category : Business & Economics Languages : en Pages : 306
Book Description
Drawing on the latest findings in institutional economics and political economy, this text offers a non-technical discussion of current thinking on these issues from the viewpoint of poor countries.
Author: Janina Matuszeski Publisher: ISBN: 9780549042990 Category : Languages : en Pages : 143
Book Description
In the second chapter, we consider the issue of artificial states, which are countries in which the political borders do not coincide with a division of nationalities desired by the people on the ground. We propose and compute for all countries in the world two new measures of the degree to which states are artificial. One index measures how borders split ethnic groups into two separate adjacent countries. The other index measures the straightness of land borders, under the assumption that the straight land borders are more likely to be artificial. We show that these two measures are highly correlated with several measures of political and economic success.
Author: Pranab Bardhan
Author: Pranab Bardhan
Author: Maria Cecilia Acevedo
Author: Oeindrila Dube
Author: Deepankar Basu
Author: Bob Rowthorn
Author: Andrés Solimano
Author: Miri Stryjan
Author: Albert O. Hirschman
Author: Pranab K. Bardhan
Author: Janina Matuszeski