Policy Solutions For Economic Growth In A Developing Country

Author : Gaurav Nayyar
Publisher : World Bank Publications
ISBN 13 : 1464817103
Total Pages : 364 pages
Book Rating : 4.06/5 ( download)

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Download or read book At Your Service? written by Gaurav Nayyar and published by World Bank Publications. This book was released on 2021-10-18 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.

Author : The Bush Institute
Publisher : Crown Currency
ISBN 13 : 0307986152
Total Pages : 370 pages
Book Rating : 4.53/5 ( download)

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Download or read book The 4% Solution written by The Bush Institute and published by Crown Currency. This book was released on 2012-07-17 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreword by President George W. Bush With contributions from world renowned economists and Nobel prizewinners, The 4% Solution is a blueprint for restoring America’s economic health The United States is reaching a pivotal point in its economic history. Millions of Americans owe more on their homes than they are worth, long-term unemployment is alarmingly high, and the Congressional Budget Office is projecting a sustainable growth rate of only 2.3%—a full percentage point below the average for the past sixty years. Unless a turnaround comes quickly, the United States could be mired in debt for years to come and millions of Americans will be pushed to the sidelines of the economy. The 4% Solution offers clear and unflinching ideas on how to revive America’s economy. It sets a positive economic goal and asks some of the top economic minds on how to achieve it. With a focus on removing government constraints, The 4% Solution defines the policies that will allow Americans to save, invest, and create the jobs that the United States needs. The 4% Solution draws on the best minds in the business, including five Nobel laureates: · Robert E. Lucas, Jr., on the history and future of economic growth · Gary S. Becker on why we need immigrants in order to grow · Edward Prescott on the cost (to growth) of the welfare state · Vernon Smith on why housing leads us into and out of recessions · Myron Scholes on why we need to innovate in order to grow the economy

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 1464807744
Total Pages : 278 pages
Book Rating : 4.49/5 ( download)

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Download or read book Making Politics Work for Development written by World Bank and published by World Bank Publications. This book was released on 2016-07-14 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments fail to provide the public goods needed for development when its leaders knowingly and deliberately ignore sound technical advice or are unable to follow it, despite the best of intentions, because of political constraints. This report focuses on two forces—citizen engagement and transparency—that hold the key to solving government failures by shaping how political markets function. Citizens are not only queueing at voting booths, but are also taking to the streets and using diverse media to pressure, sanction and select the leaders who wield power within government, including by entering as contenders for leadership. This political engagement can function in highly nuanced ways within the same formal institutional context and across the political spectrum, from autocracies to democracies. Unhealthy political engagement, when leaders are selected and sanctioned on the basis of their provision of private benefits rather than public goods, gives rise to government failures. The solutions to these failures lie in fostering healthy political engagement within any institutional context, and not in circumventing or suppressing it. Transparency, which is citizen access to publicly available information about the actions of those in government, and the consequences of these actions, can play a crucial role by nourishing political engagement.

Author : Hollis Burnley Chenery
Publisher :
ISBN 13 :
Total Pages : 334 pages
Book Rating : 4.11/5 ( download)

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Download or read book Redistribution with Growth written by Hollis Burnley Chenery and published by . This book was released on 1974 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Christian Aspalter
Publisher : Routledge
ISBN 13 : 1317286928
Total Pages : 246 pages
Book Rating : 4.29/5 ( download)

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Download or read book Development and Social Policy written by Christian Aspalter and published by Routledge. This book was released on 2016-12-19 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, government and policymakers around the world have shifted their attention away from money-oriented, supply-side economics to institutional economics and people-oriented social and economic development. Issues such as poverty reduction, win-win solutions and strategies in social policy and their implementation, universalization, and a variety of new large-scale conditional cash transfers programs have become ever-present in the global discussion about development and social policy. This book provides win-win strategies for social policies on the ground, as developed and put forward by the normative theoretical paradigm of Developmental Social Policy (DSP). Taking the state-of-the-art general development theory as a starting point of reference and discussion, it goes on to discuss in detail the key win-win strategies that form the basis and core of the DSP paradigm. It examines key related issues such as the performance of provident fund systems, the performance of conditional cash transfer systems (especially their elements that are based on asset- and means-testing), universalism and extension in social security provision in the context of especially developing countries, and "non-economically targeted" social welfare benefits and services. Providing fully-fledged theoretical guidance paired with key social policy strategies and solutions, it will be highly valuable for students and scholars of social policy, development studies, and Asia Pacific studies.

Author : Santosh Mehrotra
Publisher : Zed Books Ltd.
ISBN 13 : 1848136552
Total Pages : 432 pages
Book Rating : 4.57/5 ( download)

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Download or read book Eliminating Human Poverty written by Santosh Mehrotra and published by Zed Books Ltd.. This book was released on 2013-07-04 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the provision of basic social services - in particular, access to education, health and water supplies - as the central building blocks of any human development strategy. The authors concentrate on how these basic social services can be financed and delivered more effectively to achieve the internationally agreed Millennium Development Goals. Their analysis, which departs from the dominant macro-economic paradigm, deploys the results of broad-ranging research they led at UNICEF and UNDP, investigating the record on basic social services of some 30 developing countries. In seeking to learn from these new data, they develop an analytical argument around two potential synergies: at the macro level, between poverty reduction, human development and economic growth, and at the micro level, between interventions to provide basic social services. Policymakers, they argue, can integrate macro-economic and social policy. Fiscal, monetary, and other macro-economic policies can be compatible with social sector requirements. They make the case that policymakers have more flexibility than is usually presented by orthodox writers and international financial institutions, and that if policymakers engaged in alternative macro-economic and growth-oriented policies, this could lead to the expansion of human capabilities and the fulfillment of human rights. This book explores some of these policy options. The book also argues that more than just additional aid is needed. Specific strategic shifts in the areas of aid policy, decentralized governance, health and education policy and the private-public mix in service provision are a prerequisite to achieve the goals of human development. The combination of governance reforms and fiscal and macro-economic policies outlined in this book can eliminate human poverty in the span of a generation.

Author : Mr.Ari Aisen
Publisher : International Monetary Fund
ISBN 13 : 1455211907
Total Pages : 30 pages
Book Rating : 4.06/5 ( download)

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Download or read book How Does Political Instability Affect Economic Growth? written by Mr.Ari Aisen and published by International Monetary Fund. This book was released on 2011-01-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.

Author : Franziska Ohnsorge
Publisher : World Bank Publications
ISBN 13 : 1464817545
Total Pages : 397 pages
Book Rating : 4.40/5 ( download)

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Download or read book The Long Shadow of Informality written by Franziska Ohnsorge and published by World Bank Publications. This book was released on 2022-02-09 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.

Author : Alistair Dieppe
Publisher : World Bank Publications
ISBN 13 : 1464816093
Total Pages : 552 pages
Book Rating : 4.93/5 ( download)

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Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

Author : Anthony L Hall
Publisher : SAGE
ISBN 13 : 144622922X
Total Pages : 306 pages
Book Rating : 4.24/5 ( download)

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Download or read book Social Policy for Development written by Anthony L Hall and published by SAGE. This book was released on 2004-03-31 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: ′Strong social policy is essential for sustainable growth. This book is an extremely useful overview of social policy issue for policy makers and anyone who wants to understand the true roots of successful sustainable development′ - Ian Johnson, Vice President for Sustainable Development, The World Bank ′Throughout the world issues of social development have now taken centre stage. There is no more comprehensive and readable guide to the choices and conflicts of this global drama. This book is essential reading for all students and practitioners of social development - and for every World Bank economist′ - David Piachaud, Professor of Social Policy, London School of Economics This much-needed textbook fulfils a major gap in providing a complete up-to-date guide and introduction to the increasingly important role of social policy in the context of development processes and practice. Across a number of key sectors and areas of social policy concern, the authors accessibly introduce and explain the main conceptual debates, the most recent policy discussions, and provide applied examples to illustrate the latest developments in the social policy and planning field. Central topics covered include: - poverty - rural development - urban development - education - health - social work - social welfare - international development and cooperation. Social Policy for Development is an essential text for all students and practitioners alike seeking a deeper understanding of the issues of poverty, social exclusion and deprivation across social policy and development studies internationally.