catch up developing countries in the world economy

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Catch Up

Author : Deepak Nayyar
ISBN : 9780191503450
Genre : Business & Economics
File Size : 63. 77 MB
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Catch Up analyzes the evolution of developing countries in the world economy from a long-term historical perspective, from the onset of the second millennium but with a focus on the second half of the twentieth century and the first decade of the twenty-first century. It is perhaps among the first to address this theme on such a wide canvas that spans both time and space. In doing so, it highlights the dominance of what are now developing countries and it traces their decline and fall from 1820 to 1950. The six decades since 1950 have witnessed an increase in the share of developing countries not only in world population and world income, but also in international trade, international investment, industrial production, and manufactured exports which gathered momentum after 1980. This book explores the factors underlying this fall and rise, to discuss the on-going catch up in the world economy driven by industrialization and economic growth. Their impressive performance, disaggregated analysis shows, is characterized by uneven development. There is an exclusion of countries and people from the process. The catch up is concentrated in a few countries. Growth has often not been transformed into meaningful development that improves the wellbeing of people. Yet, the beginnings of a shift in the balance of power in the world economy are discernible. But developing countries can sustain this rise only if they can transform themselves into inclusive societies where economic growth, human development, and social progress move in tandem. Their past could then be a pointer to their future.

Globalization Growth And Poverty

Author : Paul Collier
ISBN : 082135048X
Genre : Business & Economics
File Size : 58. 76 MB
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Globalization - the growing integration of economies and societies around the world, is a complex process. The focus of this research is the impact of economic integration on developing countries and especially the poor people living in these countries. Whether economic integration supports poverty reduction and how it can do so more effectively are key questions asked. The research yields 3 main findings with bearings on current policy debates about globalization. Firstly, poor countries with some 3 billion people have broken into the global market for manufactures and services, and this successful integration has generally supported poverty reduction. Secondly, inclusion both across countries and within them is important as a number of countries (pop. 2 billion) are failing as states, trading less and less, and becoming marginal to the world economy. Thirdly, standardization or homogenization is a concern - will economic integration lead to cultural or institutional homogenization?

The Bottom Billion

Author : Paul Collier
ISBN : 9780195311457
Genre : Business & Economics
File Size : 33. 2 MB
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Global poverty is falling quite rapidly for about eighty percent of the world. The real crisis lies in a group of about 50 failing states, the bottom billion, whose problems defy traditional approaches to alleviating poverty. The causes of failure include civil war, dependence on the export of natural resources, and bad governance. Standard solutions do not work against these traps, Collier writes; aid is often ineffective, and globalization can actually make matters worse. What the bottom billion need, he argues, is a bold new plan supported by the Group of Eight industrialized nations. In The Bottom Billion, Collier offers real hope for solving one of the great humanitarian crises facing the world today.

The Next Convergence

Author : Michael Spence
ISBN : 9781429968713
Genre : Business & Economics
File Size : 87. 99 MB
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A Washington Post Notable Nonfiction Book for 2011 With the British Industrial Revolution, part of the world's population started to experience extraordinary economic growth—leading to enormous gaps in wealth and living standards between the industrialized West and the rest of the world. This pattern of divergence reversed after World War II, and now we are midway through a century of high and accelerating growth in the developing world and a new convergence with the advanced countries—a trend that is set to reshape the world. Michael Spence, winner of the Nobel Prize in Economic Sciences, explains what happened to cause this dramatic shift in the prospects of the five billion people who live in developing countries. The growth rates are extraordinary, and continuing them presents unprecedented challenges in governance, international coordination, and ecological sustainability. The implications for those living in the advanced countries are great but little understood. Spence clearly and boldly describes what's at stake for all of us as he looks ahead to how the global economy will develop over the next fifty years. The Next Convergence is certain to spark a heated debate how best to move forward in the post-crisis period and reset the balance between national and international economic interests, and short-term fixes and long-term sustainability.

The Dynamics Of Socio Economic Development

Author : Adam Szirmai
ISBN : 0521817633
Genre : Business & Economics
File Size : 83. 14 MB
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Why are poor countries poor and rich countries rich? How are wealth and poverty related to changes in nutrition, health, life expectancy, education, population growth and politics? This modern, non-technical 2005 introduction to development studies explores the dynamics of socio-economic development and stagnation in developing countries. Taking a quantitative and comparative approach to contemporary debates within their broader context, Szirmai examines historical, institutional, demographic, sociological, political and cultural factors. Key chapters focus on economic growth, technological change, industrialisation, agricultural development, and consider social dimensions such as population growth, health and education. Each chapter contains comparative statistics on trends from a sample of twenty-nine developing countries. This rich statistical database allows students to strengthen their understanding of comparative development experiences. Assuming no prior knowledge of economics the book is suited for use in inter-disciplinary development studies programmes as well as economics courses, and will also interest practitioners pursuing careers in developing countries.

Development Centre Studies The World Economy Historical Statistics

Author : Maddison Angus
ISBN : 9789264104143
Genre :
File Size : 35. 27 MB
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Following on from his The World Economy: a Millennial Perspective, published by the OECD in 2001, in this book, Angus Maddison offers a rare insight into the history and political influence of national accounts and national accounting.

Developing Countries In The World Economy

Author : Deepak Nayyar
ISBN : 9292302175
Genre :
File Size : 77. 39 MB
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