Limited Access Orders In The Developing World A New Approach To The Problems Of Development

Author : Douglass C. North
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4./5 ( download)

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Download or read book Limited Access Orders in the Developing World: a New Approach to the Problems of Development written by Douglass C. North and published by World Bank Publications. This book was released on 2007 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Douglass C. North
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.20/5 ( download)

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Download or read book Limited Access Orders in the Developing World written by Douglass C. North and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The upper-income, advanced industrial countries of the world today all have market economies with open competition, competitive multi-party democratic political systems, and a secure government monopoly over violence. Such open access orders, however, are not the only norm and equilibrium type of society. The middle and low-income developing countries today, like all countries before about 1800, can be understood as limited access orders that maintain their equilibrium in a fundamentally different way. In limited access orders, the state does not have a secure monopoly on violence, and society organizes itself to control violence among the elite factions. A common feature of limited access orders is that political elites divide up control of the economy, each getting some share of the rents. Since outbreaks of violence reduce the rents, the elite factions have incentives to be peaceable most of the time. Adequate stability of the rents and thus of the social order requires limiting access and competition-hence a social order with a fundamentally different logic than the open access order. This paper lays out such a framework and explores some of its implications for the problems of development today.

Author : Douglass C. North
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4./5 ( download)

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Download or read book Limited Access Orders in the Developing World: a New Approach to the Problems of Development written by Douglass C. North and published by World Bank Publications. This book was released on 2007 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The upper-income, advanced industrial countries of the world today all have market economies with open competition, competitive multi-party democratic political systems, and a secure government monopoly over violence. Such open access orders, however, are not the only norm and equilibrium type of society. The middle and low-income developing countries today, like all countries before about 1800, can be understood as limited access orders that maintain their equilibrium in a fundamentally different way. In limited access orders, the state does not have a secure monopoly on violence, and society organizes itself to control violence among the elite factions. A common feature of limited access orders is that political elites divide up control of the economy, each getting some share of the rents. Since outbreaks of violence reduce the rents, the elite factions have incentives to be peaceable most of the time. Adequate stability of the rents and thus of the social order requires limiting access and competition-hence a social order with a fundamentally different logic than the open access order. This paper lays out such a framework and explores some of its implications for the problems of development today.

Author : Douglass Cecil North
Publisher : Cambridge University Press
ISBN 13 : 0521761735
Total Pages : 345 pages
Book Rating : 4.34/5 ( download)

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Download or read book Violence and Social Orders written by Douglass Cecil North and published by Cambridge University Press. This book was released on 2009-02-26 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book integrates the problem of violence into a larger framework, showing how economic and political behavior are closely linked.

Author : Douglass C. North
Publisher : Cambridge University Press
ISBN 13 : 1107014212
Total Pages : 377 pages
Book Rating : 4.13/5 ( download)

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Download or read book In the Shadow of Violence written by Douglass C. North and published by Cambridge University Press. This book was released on 2013 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains how political control of economic privileges is used to limit violence and coordinate coalitions of powerful organizations.

Author : Andrea Ciani
Publisher : World Bank Publications
ISBN 13 : 1464815585
Total Pages : 178 pages
Book Rating : 4.84/5 ( download)

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Download or read book Making It Big written by Andrea Ciani and published by World Bank Publications. This book was released on 2020-10-08 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.

Author : National Intelligence Council
Publisher : Cosimo Reports
ISBN 13 : 9781646794973
Total Pages : 158 pages
Book Rating : 4.74/5 ( download)

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Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Author : Peter de Haan
Publisher : Springer
ISBN 13 : 1137600020
Total Pages : 530 pages
Book Rating : 4.28/5 ( download)

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Download or read book From Keynes to Piketty written by Peter de Haan and published by Springer. This book was released on 2016-04-25 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Keynes to Piketty provides the reader with an accessible and entertaining insight into the development of economic thought over the past century. Starting with John Maynard Keynes's bestseller, The Economic Consequences of Peace (1919), and ending with Thomas Piketty's blockbuster, Capital in the Twenty First Century (2014), the author explains which dramatic political and economic events changed the way economists interpreted these events, and how they revolutionized the economic science. The book contains biographies of Keynes, Schumpeter, Galbraith, Hayek, Friedman, Hirschman, North, and Piketty, alongside others, and highlights their extraordinary lives and works, anecdotes about them, and their often sharp differences of opinion. Extensive summaries of their main works provide the interested scholar and student with an accurate presentation of their contents. A must-read for all those who wonder what happened to economics during the past century, and why.

Author : Andrea Lorenzo Capussela
Publisher : Bloomsbury Publishing
ISBN 13 : 1786739836
Total Pages : 320 pages
Book Rating : 4.34/5 ( download)

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Download or read book State-Building in Kosovo written by Andrea Lorenzo Capussela and published by Bloomsbury Publishing. This book was released on 2015-03-19 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The history of Kosovo is a complicated one which typifies the darker side of modern Balkan history. Milosevic s Serbia withdrew from Kosovo in 1999 and the province was handed over to a special UN body who governed until 2008, when the West allowed Kosovo to become independent. The aim was to erect a stable and well governed democracy, but the outcome was a fragile state, which still threatens the stability of the Balkans and Europe s internal security. How did this happen? Here, Andrea Lorenzo Capussela offers an inside look at the process of building democracy in Kosovo. As head of the economics unit of Kosovo s international supervisor, Capussela has had access to previously unknown sources and information regarding the roles of the EU and the US in the crisis. This will be an essential reading for those studying the Kosovo crisis.

Author : Guy F. Erb
Publisher : New York : Praeger Publishers
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.86/5 ( download)

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Download or read book Beyond Dependency written by Guy F. Erb and published by New York : Praeger Publishers. This book was released on 1975 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compilation of articles presenting the views of developing countries concerning the future development of the world economic system, economic relations and international relations - discusses topics such as self reliance and interdependence, critical political problem areas such as the role of multinational enterprise and foreign investment, population policy, international monetary reform, multilateral aid, the role of UN, the world balance of political power, etc. References.