Download or read book Evaluating Recipes for Development Success written by Avinash Dixit and published by . This book was released on 2016 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a review of the contradictions and conflicts in the literature on economic governance and sketches an approach to use some of the conceptual and empirical findings from that literature for development policy. The literature offers conflicting conclusions on big questions: whether history and geography preordain a country's economic fate, whether democracy or authoritarianism promotes growth; whether informal or formal mechanisms are best; whether big bangor gradual transitions promote growth; and whether disasters and demographics are stumbling blocks or stepping stones. The author finds recipes for success that are infeasible, contradictory and shifting, and that ignore the role of luck in development policy. While the researcher may ask, What creates success on average across countries? the policymaker needs to know, What is going wrong in this country and how can we put it right? The author suggests a preliminary approach to combine the practitioner's detailed knowledge of country conditions with the broader patterns uncovered by scholars, building on growth diagnostics that identify binding constraints to development. But he shifts from the sequential decision tree framework to a more directly diagnostic approach that recognizes that policymakers must deal with many factors simultaneously. The framework he suggests combines empirical information on potential causes, estimates of their probabilities, and observed effects. He proposes this framework as the foundation, not for another recipe, but for a broader mode of thought to tackle the complexity and variance in development processes and patterns across countries and time-one country at a time.
Download or read book Evaluating Recipes for Development Success written by Avinash K. Dixit and published by World Bank Publications. This book was released on 2006 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a review of the contradictions and conflicts in the literature on economic governance and sketches an approach to use some of the conceptual and empirical findings from that literature for development policy. The literature offers conflicting conclusions on big questions: whether history and geography preordain a country's economic fate, whether democracy or authoritarianism promotes growth; whether informal or formal mechanisms are best; whether "big bang" or gradual transitions promote growth; and whether disasters and demographics are stumbling blocks or stepping stones. The author finds recipes for success that are infeasible, contradictory and shifting, and that ignore the role of luck in development policy. While the researcher may ask, "What creates success on average across countries?" the policymaker needs to know, "What is going wrong in this country and how can we put it right?" The author suggests a preliminary approach to combine the practitioner's detailed knowledge of country conditions with the broader patterns uncovered by scholars, building on "growth diagnostics" that identify binding constraints to development. But he shifts from the sequential "decision tree" framework to a more directly "diagnostic" approach that recognizes that policymakers must deal with many factors simultaneously. The framework he suggests combines empirical information on potential causes, estimates of their probabilities, and observed effects. He proposes this framework as the foundation, not for another recipe, but for a broader mode of thought to tackle the complexity and variance in development processes and patterns across countries and time-one country at a time.
Download or read book Comment on Evaluating Recipes for Development Success written by Philip Keefer and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Comment on Evaluating Recipes for Development Success written by Philip Keefer and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In Evaluating Recipes for Development Success Avinash Dixit criticizes recent efforts to identify the fundamental causes of development and to distill policy recommendations from these efforts. This comment focuses on the strand of that literature related to institutions and development. Two arguments are important: that the rule of law and the security of property rights are important for growth and that they are the product of political institutions. Professor Dixit argues that identification and other concerns undermine the second argument and inhibit the formulation of policy recommendations. While these concerns are valid, research has begun to disaggregate broad political institutions (democracy and autocracy) and to look at the details of political competition, such as voter information and politician credibility, which are both more robust determinants of political decision-making and more susceptible to policy interventions.
Download or read book Achieving Development Success written by Augustin K. Fosu and published by OUP Oxford. This book was released on 2013-03-14 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents development strategies and lessons based on a large range of 'success' countries across the developing world. In addition to the country cases, it presents regional and overall syntheses that cover orthodox vs. heterodox policies; the importance of capability, primary exports, diversification and financing; managing diversity; the role of institutions and governance; and human development. The book reveals much diversity in successful development strategies offered by the various select countries: for example, the 'disinterested-government' political economy of China; the democratically supported, high-service-sector development approach of India; the 'Washington-Consensus-based' reforms of Ghana and China; the diversification strategies of the United Arab Emirates (UAE), Bahrain and Oman; the dynamic orthodox-heterodox strategy of Malaysia and Vietnam; the effective natural-resource management of Botswana, Oman, Bahrain and the UAE; the social-sector underpinnings of development in Costa Rica and Tunisia; and the democratic political system of managing diversity in India. This refreshing approach to studying development will interest researchers, teachers, students, development practitioners and policymakers alike.
Download or read book The World Bank s Country Policy and Institutional Assessment written by The World Bank and published by World Bank Publications. This book was released on 2010-09-13 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: The evaluation finds that the content of the World Bank s Country Policy and Institutional Assessment (CPIA) is largely relevant for growth and poverty reduction in the sense that it maps well with the determinants of growth and poverty reduction identified in the economics literature. However, some CPIA criteria need to be revised (in particular trade and finance), and one needs to be added (assessment of disadvantaged socio-economic groups). Second, the evaluation finds that the CPIA ratings are in general reliable and correlate well with similar indicators. The World Bank s internal review process helps guard against potential biases in having Bank staff rate countries on which their work programs depend. The CPIA ratings are found to correlate better with similar indicators for middle income countries than for low income countries. This could be because there is more information available on middle income countries, which increases the likelihood of different institutions having similar assessments on them. This could also be because the CPIA rating exercise takes into account the stage of development, which is more pertinent for low income countries, and which also subject the ratings of those countries to more judgment in an exercise that is already centered on staff judgment.
Download or read book Some Small Countries Do It Better written by Shahid Yusuf and published by World Bank Publications. This book was released on 2012-02-01 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: The experiences of Singapore, Finland, and Ireland show how small resource-poor economies, even if peripherally located, can achieve rapid and sustained growth: through a strategy of building quality human capital that attracts technology-intensive FDI and enables national firms to compete in global markets for high-value products and services.
Download or read book Development Economics through the Decades written by Shahid Yusuf and published by World Bank Publications. This book was released on 2008-12-16 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This volume not only offers an invaluable retrospective of the World Bank's best thinking on development but also has the analytical caliber and policy insights to become an indispensable source for those dealing with the present and future growth and equity challenges faced by the developing countries.' -- Ernesto Zedillo
Download or read book Economic Geography and the Unequal Development of Regions written by Jean-Claude Prager and published by Routledge. This book was released on 2012 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Behind the mystery of economic growth stands another mystery: why do some places fare better than others? This book aims to discuss the main economic reasons for the existence of peaks and troughs in the spatial distribution of wealth and people, with a special emphasis on the role of large cities and regional agglomerations in the process of economic development.
Download or read book The World Bank Research Program 2005 2007 written by and published by World Bank Publications. This book was released on 2008 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pocket-sized reference on key environmental data for over 200 countries includes key indicators on agriculture, forestry, biodiversity, energy, emission and pollution, and water and sanitation. The volume helps establish a sound base of information to help set priorities and measure progress toward environmental sustainability goals.
Download or read book Annual World Bank Conference on Development Economics 2008 Global written by Justin Yifu Lin and published by World Bank Publications. This book was released on 2009-09-22 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents selected papers from the ABCDE Meetings, held May 17 -18, 2007 in Bled, Slovenia. Hosted by the World Bank and the Government of Slovenia, more than 400 experts from countries around the world met to deliberate the theme: Private Sector and Development. This volume presents papers on financial inclusion, factors that matter the most for business climate, and the provision of public services by non- state actors.
Download or read book Institutional Challenges at the Early Stages of Development written by François Bourguignon and published by Cambridge University Press. This book was released on 2023-09-30 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on in-depth country case studies, this book offers a novel approach to the role of institutions in early development with special attention devoted to historical context, political constraints and state-business interaction.
Download or read book Health and Growth written by Michael Spence and published by World Bank Publications. This book was released on 2009 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book containes a series of "state of the art" essays on topics related to health and growth. The Commission on Growth and Development (CGD)--in preparing its own Growth Report--wished to take stock of the current state of knowledge and understanding of economic growth, and thus commissioned a series of essays on a range of thematic areas. One such area is health. The following questions are discussed in the book:Does investing in health raise economic growth? Can governments achieve rapid growth or high incomes without investing in health? What are the options and benefits of different an.
Download or read book A History of Development Economics Thought written by Shahrukh Rafi Khan and published by Routledge. This book was released on 2014-03-14 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the history of economic development thought, with an emphasis on alternative approaches in macro development economics. Given that the pioneers of development economics in the 1940s and 1950s drew inspiration from classical political economists, this book opens with a review of key classical scholars who wrote about the progress of the wealth of nations. In reviewing the thinking of the pioneers and those that followed, both their theories of development and underdevelopment are discussed. Overall, the book charts the evolution of development economic thought from the early developmentalists and structuralists, through to the neo-Marxist approach and radical development theory, the neo-liberal counter revolution, and the debate between new developmentalists and neo-liberal scholars. It ends with an assessment of the state of the field today. This book will be of interest to all scholars and students interested in the evolution of development economics.
Download or read book The Military and Denied Development in the Pakistani Punjab written by Shahrukh Rafi Khan and published by Anthem Press. This book was released on 2014-11-01 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the retrogressive agrarian interventions by the Pakistani military in rural Punjab and explores the social resentment and resistance it triggered, potentially undermining the consensus on a security state in Pakistan. Set against the overbearing and socially unjust role of the military in Pakistan’s economy, this book documents a breakdown in the accepted function of the military beyond its constitutionally mandated role of defence. Accompanying earlier work on military involvement in industry, commerce, finance and real estate, the authors’ research contributes to a wider understanding of military intervention, revealing its hand in various sectors of the economy and, consequently, its gains in power and economic autonomy.
Download or read book Economic Growth written by Steven Durlauf and published by Springer. This book was released on 2016-05-23 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.
Download or read book Working Hard Working Poor written by Gary S. Fields and published by OUP USA. This book was released on 2012-01-05 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excellent books can be found on ending world poverty.
