The Political Economy of Collective Action, Inequality, and Development
The Political Economy of Collective Action, Inequality, and Development

Author: William D. Ferguson

Publisher: Stanford University Press

Published: 2020-05-05

Total Pages: 340

ISBN-13: 1503611973

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This book examines how a society that is trapped in stagnation might initiate and sustain economic and political development. In this context, progress requires the reform of existing arrangements, along with the complementary evolution of informal institutions. It involves enhancing state capacity, balancing broad avenues for political input, and limiting concentrated private and public power. This juggling act can only be accomplished by resolving collective-action problems (CAPs), which arise when individuals pursue interests that generate undesirable outcomes for society at large. Merging and extending key perspectives on CAPs, inequality, and development, this book constructs a flexible framework to investigate these complex issues. By probing four basic hypotheses related to knowledge production, distribution, power, and innovation, William D. Ferguson offers an analytical foundation for comparing and evaluating approaches to development policy. Navigating the theoretical terrain that lies between simplistic hierarchies of causality and idiosyncratic case studies, this book promises an analytical lens for examining the interactions between inequality and development. Scholars and researchers across economic development and political economy will find it to be a highly useful guide.

The Political Economy of Education
The Political Economy of Education

Author: Mark Gradstein

Publisher: MIT Press

Published: 2004-10-22

Total Pages: 192

ISBN-13: 9780262262880

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A theoretical framework for analyzing the complex relationship of education, growth, and income distribution. The dominant role played by the state in the financing, regulation, and provision of primary and secondary education reflects the widely-held belief that education is necessary for personal and societal well-being. The economic organization of education depends on political as well as market mechanisms to resolve issues that arise because of contrasting views on such matters as income inequality, social mobility, and diversity. This book provides the theoretical framework necessary for understanding the political economy of education—the complex relationship of education, economic growth, and income distribution—and for formulating effective policies to improve the financing and provision of education. The relatively simple models developed illustrate the use of analytical tools for understanding central policy issues. After offering a historical overview of the development of public education and a review of current econometric evidence on education, growth, and income distribution, the authors lay the theoretical groundwork for the main body of analysis. First they develop a basic static model of how political decisions determine education spending; then they extend this model dynamically. Applying this framework to a comparison of education financing under different regimes, the authors explore fiscal decentralization; individual choice between public and private schooling, including the use of education vouchers to combine public financing of education with private provision; and the social dimension of education—its role in state-building, the traditional "melting pot" that promotes cohesion in a culturally diverse society.

The Political Economy of Development
The Political Economy of Development

Author: Robert H. Bates

Publisher: Cambridge University Press

Published: 2020-10-29

Total Pages: 128

ISBN-13: 1108944612

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Those studying development often address the impact of government policies, but rarely the politics that generate these policies. A culmination of several decades of work by Robert Bates, among the most respected comparativists in political science, this compact volume seeks to rectify that omission. Bates addresses the political origins of prosperity and security and uncovers the root causes of under-development. Without the state there can be no development, but those who are endowed with the power of the state often use its power to appropriate the wealth and property of those they rule. When do those with power use it to safeguard rather than to despoil? Bates explores this question by analyzing motivations behind the behaviour of governments in the developing world, drawing on historical and anthropological insights, game theory, and his own field research in developing nations.

Towards a New Political Economy of Development
Towards a New Political Economy of Development

Author: G. Strange

Publisher: Springer

Published: 2016-04-30

Total Pages: 261

ISBN-13: 1137277378

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The author examines new development strategies in the context of globalisation and the crisis of the Washington Consensus. Critiquing both protectionism and the free market he points to the influence and evolution of Keynesian ideas for the management and stabilisation of development in an era marked by the unravelling of neoliberal prosperity.

The Political Economy of Natural Resources and Development
The Political Economy of Natural Resources and Development

Author: Paul A. Haslam

Publisher: Routledge

Published: 2016-02-05

Total Pages: 259

ISBN-13: 1317418905

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The Political Economy of Resources and Development offers a unique and multidisciplinary perspective on how the commodity boom of the mid-2000s reshaped the model of development throughout Latin America and elsewhere in the developing world. Governments increased taxes and royalties on the resource sector, the nationalization of foreign firms returned to the mainstream economic policy agenda, and public spending on social and developmental goals surged. These trends, often described as resource nationalism, have developed into a strategy for economic development, generated a re-imagining of the state and its institutional possibilities, and created a new but very significant political risk for extractive enterprises. However, these innovations, which constitute the most dramatic change in development policy in Latin America since the advent of neoliberalism, have so far received little attention from either academic or policy-oriented publications. This book explores the reasons behind these policies, and their effects on states, firms, and development trajectories. This text brings together renowned thematic experts to examine the political-economic causes of resource nationalism, as well as its manifestation in six Latin American countries. The causal variables considered by the contributors to this collection include a range of political-economic determinants of policy including commodity prices; the influence of ideology and national politics; ideas about industrial policy; relations between host governments and investors; and how countries respond to opportunities provided by regional initiatives and the new geography of the global economy. This volume is essential reading in development economics, political economy, and Latin American studies, as well as for those who want to understand what economic development means after neoliberalism.

The American Political Economy
The American Political Economy

Author: Jacob S. Hacker

Publisher: Cambridge University Press

Published: 2021-11-11

Total Pages: 487

ISBN-13: 1316516369

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

The Political Economy of Special Economic Zones
The Political Economy of Special Economic Zones

Author: Lotta Moberg

Publisher: Taylor & Francis

Published: 2017-03-16

Total Pages: 205

ISBN-13: 1315298945

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This book examines SEZs from a political economy perspective, both to dissect the incentives of governments, zone developers, and exporters, and to uncover both the hidden costs and untapped potential of zone policies. Costs include misallocated resources, the encouragement of rent-seeking, and distraction of policy-makers from more effective reforms. However, the zones also have several unappreciated benefits. They can change the politics of a country, by generating a transition from a system of rent-seeking to one of liberalized open markets. In revealing the hidden promise of SEZs, this book shows how the SEZ model of development can succeed in the future.

The Political Economy of Development in India
The Political Economy of Development in India

Author: Pranab K. Bardhan

Publisher: Wiley-Blackwell

Published: 1984

Total Pages: 0

ISBN-13: 9780631135456

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Analysis of the economic policy and obstacles to economic growth in India - examines the role of public investment and public sector management in slow agricultural development and industrial growth; explores the political aspects and economic role of the Elite social classes (industrial capitalists, rich farmers and civil servants), the social conflicts between them, and the economic implications of this conflict for capital resources mobilization. Bibliography, statistical tables.

Political Economy of Development in Turkey
Political Economy of Development in Turkey

Author: Emre Özçelik

Publisher: Springer Nature

Published: 2022-03-10

Total Pages: 365

ISBN-13: 9811673187

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Adopting a political-economy perspective, this book is an original collection of research chapters that focus on Turkey’s economic-development experience from the nineteenth century to the present. It provides a systematic and chronological examination of Turkey’s major historical dynamics in the economic and socio-political spheres. The chapters are organized according to the consecutive phases of Turkey’s political-economic development. Each chapter not only reflects on the country-specific aspects of those development phases, but also clarifies the dependence of domestic-policy orientations on the dynamics of the world economy. As such, the book provides a historically-conscious, political-economic account of Turkey’s dependent-development experience. The book serves as a quality reference on the political economy of modern Turkey, bringing together fourteen prominent experts as contributing authors who have devoted their intellectual lives to the understanding and explanation of political-economic dynamics in both Turkey and the world. All contributors write on a historical period of the Turkish economy in which they are most specialized. This aspect of the book is a momentous advantage in the field of Turkey's political economy, enabling the highest degree of academic expertise to concentrate in each chapter.