The Political Economy of Prosperity PDF Download

Author: Arthur M. Okun
Publisher:
ISBN:
Category :
Languages : en
Pages : 164

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Author: Timothy Besley
Publisher: Princeton University Press
ISBN: 0691152683
Category : Business & Economics
Languages : en
Pages : 393

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Book Description
How nations can promote peace, prosperity, and stability through cohesive political institutions "Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern political economics and combining economic theory with a bird's-eye view of the data, this book reinterprets Smith's pillars of prosperity to explain the existence of development clusters—places that tend to combine effective state institutions, the absence of political violence, and high per-capita incomes. To achieve peace, the authors stress the avoidance of repressive government and civil conflict. Easy taxes, they argue, refers not to low taxes, but a tax system with widespread compliance that collects taxes at a reasonable cost from a broad base, like income. And a tolerable administration of justice is about legal infrastructure that can support the enforcement of contracts and property rights in line with the rule of law. The authors show that countries tend to enjoy all three pillars of prosperity when they have evolved cohesive political institutions that promote common interests, guaranteeing the provision of public goods. In line with much historical research, international conflict has also been an important force behind effective states by fostering common interests. The absence of common interests and/or cohesive political institutions can explain the existence of very different development clusters in fragile states that are plagued by poverty, violence, and weak state capacity.

Author: Jonas Pontusson
Publisher: Cornell University Press
ISBN: 9780801489709
Category : Business & Economics
Languages : en
Pages : 260

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"A Century Foundation book".

Author: Jacob S. Hacker
Publisher: Cambridge University Press
ISBN: 1316516369
Category : History
Languages : en
Pages : 487

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Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.

Author: Scott Timcke
Publisher: Policy Press
ISBN: 1529221773
Category : Social Science
Languages : en
Pages : 181

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Book Description
Luck greatly influences a person’s quality of life. Yet little of our politics looks at how institutions can amplify good or bad luck that widens social inequality. But societies can change their fortune. Too often debates about inequality focus on the accuracy of data or modelling while missing the greater point about ethics and exploitation. In the wake of growing disparity between the 1% and other classes, this book combines philosophical insights with social theory to offer a much-needed political economy of life chances. Timcke advances new thought on the role luck plays in redistributive justice in 21st century capitalism.

Author: Robert H. Bates
Publisher: Norton Series in World Politic
ISBN: 9780393933833
Category : Business & Economics
Languages : en
Pages : 0

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In his new edition of Prosperity and Violence, Robert Bates continues to investigate the relationship between political order and economic growth.

Author: Benjamin Powell
Publisher: Routledge
ISBN: 0429813201
Category : Business & Economics
Languages : en
Pages : 266

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Economic theory and a growing body of empirical research support the idea that economic freedom is an important ingredient to long-run economic prosperity. However, the determinants of economic freedom are much less understood than the benefits that freedom provides. Economic Freedom and Prosperity addresses this major gap in our knowledge. If private property and economic freedom are essential for achieving and maintaining a high standard of living, it is crucial to understand how improvements in these areas have been achieved and whether there are lessons that can be replicated in less free areas of the world today. In this edited collection, contributors investigate this research question through multiple methodologies. Beginning with three chapters that theoretically explore ways in which economic freedom might be better achieved, it then moves on to a series of empirical chapters that examine questions including the speed and permanence of reform, the deep long-run determinants of economic freedom, the relationship between voice and exit in impacting freedom, the role of crises in generating change, and immigration. Finally, the book considers the evolution of freedom in China, development economics, and international trade, and it concludes with a consideration of what is necessary to promote a humane liberalism consistent with economic freedom. Economic Freedom and Prosperity will be of great interest to all social scientists concerned with issues of institutional change. It will particularly appeal to those concerned with economic development and the determinants of an environment of economic freedom.

Author: Ryan Kiggins
Publisher: Springer
ISBN: 3319514660
Category : Political Science
Languages : en
Pages : 345

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Book Description
This collection examines implications of technological automation to global prosperity and peace. Focusing on robots, information communication technologies, and other automation technologies, it offers brief interventions that assess how automation may alter extant political, social, and economic institutions, norms, and practices that comprise the global political economy. In doing so, this collection deals directly with such issues as automated production, trade, war, state sanctioned robot violence, financial speculation, transnational crime, and policy decision making. This interdisciplinary volume will appeal to students, scholars and practitioners grappling with political, economic, and social problems that arise from rapid technological change that automates the prospects for human prosperity and peace.

Author: Harry Magdoff
Publisher: NYU Press
ISBN: 0853454221
Category : Business & Economics
Languages : en
Pages : 147

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Book Description
This is the second in the series of four collections of essays in which Paul M. Sweezy and Harry Magdoff, the editors of Monthly Review, set out as it took place the development of U.S. and global capitalism from the late 1960s to the "financial explosion" age of the early 1990s and after. This second set of essays constitute in their totality a probing analysis of the condition of the United States economy in the 1970s, immediately after the end of the "golden age" of capitalism. The authors concluded, correctly, that a new period had begun-"one of sluggish capitalist accumulation and unemployment in the advanced capitalist countries on a scale not seen since the 1930s."

Author: Juliet Johnson
Publisher: Cornell University Press
ISBN: 1501703757
Category : Political Science
Languages : en
Pages : 311

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Book Description
Priests of Prosperity explores the unsung revolutionary campaign to transform postcommunist central banks from command-economy cash cows into Western-style monetary guardians. Juliet Johnson conducted more than 160 interviews in seventeen countries with central bankers, international assistance providers, policymakers, and private-sector finance professionals over the course of fifteen years. She argues that a powerful transnational central banking community concentrated in Western Europe and North America integrated postcommunist central bankers into its network, shaped their ideas about the role of central banks, and helped them develop modern tools of central banking. Johnson's detailed comparative studies of central bank development in Hungary, the Czech Republic, Slovakia, Russia, and Kyrgyzstan take readers from the birth of the campaign in the late 1980s to the challenges faced by central bankers after the global financial crisis. As the comfortable certainties of the past collapse around them, today’s central bankers in the postcommunist world and beyond find themselves torn between allegiance to their transnational community and its principles on the one hand and their increasingly complex and politicized national roles on the other. Priests of Prosperity will appeal to a diverse audience of scholars in political science, finance, economics, geography, and sociology as well as to central bankers and other policymakers interested in the future of international finance, global governance, and economic development.