Download or read book The Prosperity Paradox written by Clayton M. Christensen and published by HarperCollins. This book was released on 2019-01-15 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times bestseller How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offers a groundbreaking solution for true and lasting change. Global poverty is one of the world’s most vexing problems. For decades, we’ve assumed smart, well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, infrastructure to eradicating corruption, too many solutions rely on trial and error. Essentially, the plan is often to identify areas that need help, flood them with resources, and hope to see change over time. But hope is not an effective strategy. Clayton M. Christensen and his co-authors reveal a paradox at the heart of our approach to solving poverty. While noble, our current solutions are not producing consistent results, and in some cases, have exacerbated the problem. At least twenty countries that have received billions of dollars’ worth of aid are poorer now. Applying the rigorous and theory-driven analysis he is known for, Christensen suggests a better way. The right kind of innovation not only builds companies—but also builds countries. The Prosperity Paradox identifies the limits of common economic development models, which tend to be top-down efforts, and offers a new framework for economic growth based on entrepreneurship and market-creating innovation. Christensen, Ojomo, and Dillon use successful examples from America’s own economic development, including Ford, Eastman Kodak, and Singer Sewing Machines, and shows how similar models have worked in other regions such as Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico. The ideas in this book will help companies desperate for real, long-term growth see actual, sustainable progress where they’ve failed before. But The Prosperity Paradox is more than a business book; it is a call to action for anyone who wants a fresh take for making the world a better and more prosperous place.
Download or read book The Prosperity Paradox written by Clayton M. Christensen and published by . This book was released on 2019 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses why investments in the economic development of poor countries rarely see positive change or improvement over time and offers a new framework for spurring growth and prosperity based on entrepreneurship and market-creating innovation.
Download or read book The Wealth Paradox written by Frank Mols and published by Cambridge University Press. This book was released on 2017-05-25 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents compelling evidence of the 'wealth paradox', where economic prosperity can also fuel prejudice, social unrest, and intergroup hostility.
Download or read book The Prosperity Paradox written by Philip Martin and published by Critical Frontiers of Theory, Research, and Policy in International Development Studies. This book was released on 2020-10-14 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Prosperity Paradox explains why farm worker problems often worsen as the agricultural sector shrinks and lays out options to help vulnerable workers.
Download or read book Under Rewarded Efforts written by Santiago Levy Algazi and published by Inter-American Development Bank. This book was released on 2018-07-11 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Globalization Paradox written by Dani Rodrik and published by OUP Oxford. This book was released on 2012-05-17 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them? Dani Rodrik examines the back-story from its seventeenth-century origins through the milestones of the gold standard, the Bretton Woods Agreement, and the Washington Consensus, to the present day. Although economic globalization has enabled unprecedented levels of prosperity in advanced countries and has been a boon to hundreds of millions of poor workers in China and elsewhere in Asia, it is a concept that rests on shaky pillars, he contends. Its long-term sustainability is not a given. The heart of Rodrik’s argument is a fundamental 'trilemma': that we cannot simultaneously pursue democracy, national self-determination, and economic globalization. Give too much power to governments, and you have protectionism. Give markets too much freedom, and you have an unstable world economy with little social and political support from those it is supposed to help. Rodrik argues for smart globalization, not maximum globalization.
Download or read book The Water Paradox written by Ed Barbier and published by Yale University Press. This book was released on 2019-02-26 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: A radical new approach to tackling the growing threat of water scarcity Water is essential to life, yet humankind’s relationship with water is complex. For millennia, we have perceived it as abundant and easily accessible. But water shortages are fast becoming a persistent reality for all nations, rich and poor. With demand outstripping supply, a global water crisis is imminent. In this trenchant critique of current water policies and practices, Edward Barbier argues that our water crisis is as much a failure of water management as it is a result of scarcity. Outdated governance structures and institutions, combined with continual underpricing, have perpetuated the overuse and undervaluation of water and disincentivized much-needed technological innovation. As a result “water grabbing” is on the rise, and cooperation to resolve these disputes is increasingly fraught. Barbier draws on evidence from countries across the globe to show the scale of the problem, and outlines the policy and management solutions needed to avert this crisis.
Download or read book The Profit Paradox written by Jan Eeckhout and published by Princeton University Press. This book was released on 2022-10-25 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: A pioneering account of the surging global tide of market power—and how it stifles workers around the world In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these “superstar” companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility. A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.
Download or read book Paradox and Perception written by Carol L. Graham and published by Rowman & Littlefield. This book was released on 2010-09-01 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The "quality of life" concept of quality of life is a broad one. It incorporates basic needs but also extends beyond them to include capabilities, the "livability" of the environment, and life appreciation and happiness. Latin America's diversity in culture and levels of development provide a laboratory for studying how quality of life varies with a number of objective and subjective measures. These measures range from income levels to job insecurity and satisfaction, to schooling attainment and satisfaction, to measured and self-assessed health, among others. Paradox and Perception greatly improves our understanding of the determinants of well-being in Latin America based on a broad "quality of life" concept that challenges some standard assumptions in economics, including those about the relationship between happiness and income. The authors' analysis builds upon a number of new approaches in economics, particularly those related to the study of happiness and finds a number of paradoxes as the region's respondents evaluate their well-being. These include the paradox of unhappy growth at the macroeconomic level, happy peasants and frustrated achievers at the microlevel, and surprisingly high levels of satisfaction with public services among the region's poorest. They also have important substantive links with several of the region's realities, such as high levels of income inequality, volatile macroeconomic performance, and low expectations of public institutions and faith in the capacity of the state to deliver. Identifying these perceptions, paradoxes, and their causes will contribute to the crafting of better public policies, as well as to our understanding of why "populist" politics still pervade in much of the region.
Download or read book Why We Hate Us written by Dick Meyer and published by Crown. This book was released on 2008-08-05 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Americans are as safe, well fed, securely sheltered, long-lived, free, and healthy as any human beings who have ever lived on the planet. But we are down on America. So why do we hate us? According to Dick Meyer, the following items on this (much abbreviated) list are some of the contributors to our deep disenchantment with our own culture: Cell-phone talkers broadcasting the intimate details of their lives in public spaces Worship of self-awareness, self-realization, and self-fulfillment T-shirts that read, “Eat Me” Facebook, MySpace, and kids being taught to market themselves High-level cheating in business and sports Reality television and the cosmetic surgery boom Multinational corporations that claim, “We care about you.” The decline of organic communities A line of cosmetics called “S.L.U.T.” The phony red state–blue state divide The penetration of OmniMarketing into OmniMedia and the insinuation of both into every facet of our lives You undoubtedly could add to the list with hardly a moment’s thought. In Why We Hate Us, Meyer absolutely nails America’s early-twenty-first-century mood disorder. He points out the most widespread carriers of the why-we-hate-us germs, including the belligerence of partisan politics that perverts our democracy, the decline of once common manners, the vulgarity of Hollywood entertainment, the superficiality and untrustworthiness of the news media, the cult of celebrity, and the disappearance of authentic neighborhoods and voluntary organizations (the kind that have actual meetings where one can hobnob instead of just clicking in an online contribution). Meyer argues—with biting wit and observations that make you want to shout, “Yes! I hate that too!”—that when the social, spiritual, and political turmoil that followed the sixties collided with the technological and media revolution at the turn of the century, something inside us hit overload. American culture no longer reflects our own values. As a result, we are now morally and existentially tired, disoriented, anchorless, and defensive. We hate us and we wonder why. Why We Hate Us reveals why we do and also offers a thoughtful and uplifting prescription for breaking out of our current morass and learning how to hate us less. It is a penetrating but always accessible Culture of Narcissism for a new generation, and it carries forward ideas that resounded with readers in bestsellers such as On Bullshit and Bowling Alone.
Download or read book The Paradox of Risk written by Angel J. Ubide and published by Policy Analyses in International Economics. This book was released on 2017 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Paradox of Risk contends that central banks' fear of inflation and risk taking has hampered their efforts to revive global prosperity. Ángel Ubide mobilizes a wealth of research on the experience from the last decade, urging policymakers to leave their "comfort zone," embrace risk taking, and take bolder action to brighten economic prospects.
Download or read book The Divided City written by Alan Mallach and published by Island Press. This book was released on 2018-06-12 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Divided City, urban practitioner and scholar Alan Mallach presents a detailed picture of what has happened over the past 15 to 20 years in industrial cities like Pittsburgh and Baltimore, as they have undergone unprecedented, unexpected revival. He spotlights these changes while placing them in their larger economic, social and political context. Most importantly, he explores the pervasive significance of race in American cities, and looks closely at the successes and failures of city governments, nonprofit entities, and citizens as they have tried to address the challenges of change. The Divided City concludes with strategies to foster greater equality and opportunity, firmly grounding them in the cities' economic and political realities.
Download or read book The Paradox of Prosperity written by Laura Cruz and published by . This book was released on 2009 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: First edition. In The Paradox of Prosperity, Laura Cruz explores the world of the book trades as it was constructed in Leiden in the decades after the Revolt against Spanish rule. She traces the migration of printers from the Southern Netherlands to Leiden and observes how they congregated within the city and sought contracts with the city's new university. But this is only the beginning of a multifaceted analysis of the development of a market-driven industry that eventually is organized under the protective umbrella of a guild. And this guild, in turn, is something other than the traditional guilds of medieval origins. Rather than a bulwark against market forces, the guild of the printers was an instrument to exercise market power. This book offers a fresh look at the role of an institution that is often dismissed, even in the early modern period, as a relic of an earlier time.Leiden's book trade was unique, exhibiting a specific quality that calls for a specific explanation. Laura Cruz addresses this historical specificity, but goes a step further. Leiden publishing emerged as an industry with a European scope and with national and international competitors. Distinguishing the particular from the general and the accidental or providential from the systematic forces at play within early modern European society is an historian's duty, but one that is often neglected. Savoring the particular is often thought to be enough, indeed, to be the only real purpose of history. Laura Cruz goes further, harnessing her rich historical material to the methods of economic and social history. From this vantage point, she addresses questions that give new insights to the culture of the young Republic that are based not only on the thoughts and dreams of individuals, but also on the behavior and aspirations of groups and the constraints and opportunities presented by institutions.
Download or read book The Progress Paradox written by Gregg Easterbrook and published by Random House Trade Paperbacks. This book was released on 2004-11-09 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Progress Paradox, Gregg Easterbrook draws upon three decades of wide-ranging research and thinking to make the persuasive assertion that almost all aspects of Western life have vastly improved in the past century–and yet today, most men and women feel less happy than in previous generations. Detailing the emerging science of “positive psychology,” which seeks to understand what causes a person’s sense of well-being, Easterbrook offers an alternative to our culture of crisis and complaint. He makes a compelling case that optimism, gratitude, and acts of forgiveness not only make modern life more fulfilling but are actually in our self-interest. An affirming and constructive way of seeing life anew, The Progress Paradox will change the way you think about your place in the world–and about our collective ability to make it better.
Download or read book China s Gilded Age written by Yuen Yuen Ang and published by Cambridge University Press. This book was released on 2020-05-28 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has China grown so fast for so long despite vast corruption? In China's Gilded Age, Yuen Yuen Ang maintains that all corruption is harmful, but not all types of corruption hurt growth. Ang unbundles corruption into four varieties: petty theft, grand theft, speed money, and access money. While the first three types impede growth, access money - elite exchanges of power and profit - cuts both ways: it stimulates investment and growth but produces serious risks for the economy and political system. Since market opening, corruption in China has evolved toward access money. Using a range of data sources, the author explains the evolution of Chinese corruption, how it differs from the West and other developing countries, and how Xi's anti-corruption campaign could affect growth and governance. In this formidable yet accessible book, Ang challenges one-dimensional measures of corruption. By unbundling the problem and adopting a comparative-historical lens, she reveals that the rise of capitalism was not accompanied by the eradication of corruption, but rather by its evolution from thuggery and theft to access money. In doing so, she changes the way we think about corruption and capitalism, not only in China but around the world.
Download or read book Paradoxes of Prosperity written by Lorman A. Ratner and published by University of Illinois Press. This book was released on 2010-10-01 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the midst of the United States' immense economic growth in the 1850s, Americans worried about whether the booming agricultural, industrial, and commercial expansion came at the price of cherished American values such as honesty, hard work, and dedication to the common good. Was the nation becoming greedy, selfish, vulgar, and cruel? Was there such a thing as too much prosperity? At the same time, the United States felt the influence of the rise of popular mass-circulation newspapers and magazines and the surge in American book publishing. Concern over living correctly as well as prosperously was commonly discussed by leading authors and journalists, who were now writing for ever-expanding regional and national audiences. Women became more important as authors and editors, giving advice and building huge markets for women readers, with the magazine Godey's Lady's Book and novels by Susan Warner, Maria Cummins, and Harriet Beecher Stowe expressing women's views about the troubled state of society. Best-selling male writers--including novelist George Lippard, historian George Bancroft, and travel writer Bayard Taylor--were among those adding their voices to concerns about prosperity and morality and about America's place in the world. Writers and publishers discovered that a high moral tone could be exceedingly good for business. The authors of this book examine how popular writers and widely read newspapers, magazines, and books expressed social tensions between prosperity and morality. This study draws on that nationwide conversation through leading mass media, including circulation-leading newspapers, the New York Herald and the New York Tribune, plus prominent newspapers from the South and West, the Richmond Enquirer and the Cincinnati Enquirer. Best-selling magazines aimed at middle-class tastes, Harper's Magazine and the Southern Literary Messenger, added their voices, as did two leading business magazines.
Download or read book The Quest for Prosperity written by Justin Yifu Lin and published by Princeton University Press. This book was released on 2014-10-12 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Justin Yifu Lin's groundbreaking account of how developing countries can help themselves—now fully updated How can developing countries grow their economies? Most answers to this question center on what the rich world should or shouldn't do for the poor world. In The Quest for Prosperity, Justin Yifu Lin—the first non-Westerner to be chief economist of the World Bank—focuses on what developing nations can do to help themselves. Lin examines how the countries that have succeeded in developing their own economies have actually done it. Interwoven with insights, observations, and stories from Lin’s travels as chief economist of the World Bank and his reflections on China’s rise, this book provides a road map and hope for those countries engaged in their own quest for prosperity.
