Elusive Development

Elusive Development

Author: Marshall Wolfe

Publisher:

Published: 1996

Total Pages: 216

ISBN-13: 9781856493796

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This deeply thoughtful book explores some of the very difficult questions thrown up by the development process, Marshall Wolfe reviews what has been said and done in the name of development over four decades. He sees development as 'a Sisyphean task of trying to impose value-oriented rationality on realities that remain permanently recalcitrant to such reality' precisely because its key actors - be they the state, social groups, development agencies, individual 'experts', or the market - cannot be assumed to be either benevolent or consistently rational. He examines competing views of what development can mean; the quest for a unified approach; the crisis of the state and the roles of other actors in the development process; the practical difficulties in prioritizing poverty; the impact of more recent agendas like environmental concerns; and the likelihood in future of development witnessing frequent and traumatic changes as contradictory stimuli from the world's centres and peripheries interact. For students in need of an overview, activists wanting a context for their practical work and specialists wishing to reflect on their own roles, this book is invaluable.


The Elusive Quest for Inclusive Growth

The Elusive Quest for Inclusive Growth

Author: Mr.Ravi Balakrishnan

Publisher: International Monetary Fund

Published: 2013-06-26

Total Pages: 36

ISBN-13: 1475550774

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This paper assesses how pro-poor and inclusive Asia’s recent growth has been, and what factors have been driving these outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia’s own past, the recent period of growth has been both less inclusive and less pro-poor. Our analysis suggests a number of policies that could help redress these trends and broaden the benefits of growth in Asia. These include fiscal policies to increase spending on health, education, and social safetynets; labor market reforms to boost the labor share of total income; and reforms to make financial systems more inclusive.


The Elusive Quest for Growth

The Elusive Quest for Growth

Author: William R. Easterly

Publisher: MIT Press

Published: 2002-08-02

Total Pages: 443

ISBN-13: 0262260654

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Why economists' attempts to help poorer countries improve their economic well-being have failed. Since the end of World War II, economists have tried to figure out how poor countries in the tropics could attain standards of living approaching those of countries in Europe and North America. Attempted remedies have included providing foreign aid, investing in machines, fostering education, controlling population growth, and making aid loans as well as forgiving those loans on condition of reforms. None of these solutions has delivered as promised. The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work. In this book Easterly shows how these solutions all violate the basic principle of economics, that people—private individuals and businesses, government officials, even aid donors—respond to incentives. Easterly first discusses the importance of growth. He then analyzes the development solutions that have failed. Finally, he suggests alternative approaches to the problem. Written in an accessible, at times irreverent, style, Easterly's book combines modern growth theory with anecdotes from his fieldwork for the World Bank.


Issues and Challenges of Inclusive Development

Issues and Challenges of Inclusive Development

Author: R. Maria Saleth

Publisher: Springer Nature

Published: 2020-06-18

Total Pages: 313

ISBN-13: 9811522294

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This book explores inclusive development in the Indian context, not only within each of the country’s major economic and social sectors, but also across countries in the particular context of globalization. In the emerging scenario of most expanding economies, including India, this topic remains particularly significant. The book’s sixteen chapters are divided into eight sections that address burning issues related to inclusive development – historical setting and policy context; current issues and future challenges; inclusiveness in the agricultural sector; inclusiveness in the industrial sector; inclusiveness in the health sector; inclusiveness and poverty; inclusiveness in the social context; and inclusiveness in the globalization context. The book highlights several positive developments displayed by the Indian economy in recent years, including the current growth rate of about 7 percent, which is among the highest rates around the globe. At the same time, it draws attention to the fact that while there is every reason to feel proud of these achievements, we cannot ignore the strains and brewing distress, especially in rural areas, or the concerns in environmental and social sectors, including health and education, relating to sociological divisions and disturbances, water and air pollution, and ecosystem and biodiversity losses. Important and relevant from both academic and policy perspectives, the book includes essays from some of the most eminent economists and social scientists in the South Asian region, providing vital takeaways for researchers and NGOs, as well as corporate sector and government decision-makers.


Under-Rewarded Efforts

Under-Rewarded Efforts

Author: Santiago Levy Algazi

Publisher: Inter-American Development Bank

Published: 2018-07-11

Total Pages: 323

ISBN-13: 1597823058

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Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.


Economic Growth with Equity

Economic Growth with Equity

Author: José Luis Machinea

Publisher: Springer

Published: 2006-11-28

Total Pages: 262

ISBN-13: 0230800912

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This book analyses the development challenge faced by Latin America at a time at which the concerns for the large inequality in the region are at a peak. This volume focuses on growth-with-equity, and is written by an outstanding group of Latin American and international researchers and policy-makers.


How to Achieve Inclusive Growth

How to Achieve Inclusive Growth

Author: Valerie Cerra

Publisher: Oxford University Press

Published: 2022-01-22

Total Pages: 901

ISBN-13: 0192846930

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This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These issues are intertwined. They therefore require a holistic framework to examine their interplay and bring the various strands together. Leading academic economists have partnered with experts from several international institutions to explain the sources and scale of these challenges. They gather a wide array of empirical evidence and country experiences to lay out practical policy solutions and to devise a comprehensive and unified plan of action for combatting these economic and social disparities. This authoritative book is accessible to policy makers, students, and the general public interested in how to craft a brighter future by building a sustainable, green, and inclusive society in the years ahead.


Critical Approach to Inclusive Growth and Development

Critical Approach to Inclusive Growth and Development

Author: Dipanjali Devi, 1st

Publisher:

Published: 2022-03-20

Total Pages:

ISBN-13: 9781685762988

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Historically, growth and development have been mainly supposed in terms of economic performance. We were preoccupied with material production in terms of GDP and per capita income. However, perspectives on development and its rationale and measures have changed during previous decades. In the 1990s, United Nations Development Programme (UNDP)'s Human Development index brought visible attention towards the non-income dimensions of human wellbeing in the concept of development. Development is now much more than the rising and fall of national income; it is about the quality of life, level of human wellbeing, and access to basic social services. GDP and per capita income are just means but not an end. GDP growth or per capita income growth can be a valuable means when it creates jobs or raises wages or plumps government budget so that it can be redistributed. However, the ultimate goal of the economy should be to improve the quality of life of the average person and especially the worst-off section of society.


Elusive Development

Elusive Development

Author: Marshall Wolfe

Publisher: Zed Books

Published: 1996

Total Pages: 212

ISBN-13: 9781856493802

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This deeply thoughtful book explores some of the very difficult questions thrown up by the development process, Marshall Wolfe reviews what has been said and done in the name of development over four decades. He sees development as 'a Sisyphean task of trying to impose value-oriented rationality on realities that remain permanently recalcitrant to such reality' precisely because its key actors - be they the state, social groups, development agencies, individual 'experts', or the market - cannot be assumed to be either benevolent or consistently rational.