Download or read book Rethinking Investment Incentives written by Ana Teresa Tavares-Lehmann and published by Columbia University Press. This book was released on 2016-07-12 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments often use direct subsidies or tax credits to encourage investment and promote economic growth and other development objectives. Properly designed and implemented, these incentives can advance a wide range of policy objectives (increasing employment, promoting sustainability, and reducing inequality). Yet since design and implementation are complicated, incentives have been associated with rent-seeking and wasteful public spending. This collection illustrates the different types and uses of these initiatives worldwide and examines the institutional steps that extend their value. By combining economic analysis with development impacts, regulatory issues, and policy options, these essays show not only how to increase the mobility of capital so that cities, states, nations, and regions can better attract, direct, and retain investments but also how to craft policy and compromise to ensure incentives endure.

Download or read book Rethinking Global Economic Incentives written by Hilton L. Root and published by . This book was released on 1999 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Rethinking Productive Development written by Inter-American Development Bank and published by Springer. This book was released on 2014-09-04 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: Productive transformation requires seizing the opportunities available and opening new ones in a competitive world. Rethinking Productive Development examines the market failures impeding transformation and the government failures that may make the policy remedies worse than the market illness. To address market failures, the authors propose a simple conceptual framework based on the scope and nature of the policy approach. They then systematically analyze country policies through this lens in key areas such as innovation, new firms, financing, human capital, and internationalization to show the power of this way of thinking. Still, the book warns that policymakers cannot be sure what the right policy interventions are and must set up a process to discover them that calls for public-private collaboration. Recognizing that the risk of capture needs to be checked and that even the best policies will fail without the technical, organizational, and political capacity to implement them, the book concludes with ideas on how to design institutions fostering the right incentives and how to grow public sector capabilities over time.

Download or read book Rethinking Capitalism written by Michael Jacobs and published by John Wiley & Sons. This book was released on 2016-07-21 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Thought provoking and fresh - this book challenges how we think about economics.” Gillian Tett, Financial Times For further information about recent publicity events and media coverage for Rethinking Capitalism please visit http://marianamazzucato.com/rethinking-capitalism/ Western capitalism is in crisis. For decades investment has been falling, living standards have stagnated or declined, and inequality has risen dramatically. Economic policy has neither reformed the financial system nor restored stable growth. Climate change meanwhile poses increasing risks to future prosperity. In this book some of the world’s leading economists propose new ways of thinking about capitalism. In clear and compelling prose, each chapter shows how today’s deep economic problems reflect the inadequacies of orthodox economic theory and the failure of policies informed by it. The chapters examine a range of contemporary economic issues, including fiscal and monetary policy, financial markets and business behaviour, inequality and privatisation, and innovation and environmental change. The authors set out alternative economic approaches which better explain how capitalism works, why it often doesn’t, and how it can be made more innovative, inclusive and sustainable. Outlining a series of far-reaching policy reforms, Rethinking Capitalism offers a powerful challenge to mainstream economic debate, and new ideas to transform it.

Download or read book Poor Economics written by Abhijit V. Banerjee and published by PublicAffairs. This book was released on 2012-03-27 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The winners of the Nobel Prize in Economics upend the most common assumptions about how economics works in this gripping and disruptive portrait of how poor people actually live. Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two award-winning MIT professors, answer these questions based on years of field research from around the world. Called "marvelous, rewarding" by the Wall Street Journal, the book offers a radical rethinking of the economics of poverty and an intimate view of life on 99 cents a day. Poor Economics shows that creating a world without poverty begins with understanding the daily decisions facing the poor.

Download or read book Effects of Financial Globalization on Developing Countries written by Mr.Ayhan Kose and published by International Monetary Fund. This book was released on 2003-09-03 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study provides a candid, systematic, and critical review of recent evidence on this complex subject. Based on a review of the literature and some new empirical evidence, it finds that (1) in spite of an apparently strong theoretical presumption, it is difficult to detect a strong and robust causal relationship between financial integration and economic growth; (2) contrary to theoretical predictions, financial integration appears to be associated with increases in consumption volatility (both in absolute terms and relative to income volatility) in many developing countries; and (3) there appear to be threshold effects in both of these relationships, which may be related to absorptive capacity. Some recent evidence suggests that sound macroeconomic frameworks and, in particular, good governance are both quantitatively and qualitatively important in affecting developing countries’ experiences with financial globalization.

Download or read book Global Value Chains and Development written by Gary Gereffi and published by Cambridge University Press. This book was released on 2018 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studies conceptual foundations of GVC analysis, twin pillars of 'governance' and 'upgrading', and detailed cases of emerging economies.

Download or read book Crucial Needs Weak Incentives written by Robert R. Kaufman and published by Johns Hopkins University Press. This book was released on 2004-10-12 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lowden, and Patricia Ramirez.

Download or read book Rethinking Global Urbanism written by Xiangming Chen and published by Routledge. This book was released on 2012 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arguing that the focus in global urban studies on cities such as New York, London, Tokyo in the global North, Mexico City and Shanghai in the developing world, and other major nodes of the world economy, has skewed the concept of the global city toward economics, this volume gathers a diverse group of contributors to focus on smaller and less economically dominant cities. It highlights other important and relatively ignored themes such as cultural globalization, alternative geographies of the global, and the influence of deeper urban histories (particularly those relating to colonialism) in order to advance an alternative view of the global city.

Download or read book Rethinking Global Land Use in an Urban Era written by Karen C. Seto and published by MIT Press. This book was released on 2014-03-14 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: International experts examine the effects of urbanization and economic globalization on land use and offer new insights to advance understanding and sustainable practice. Today, global land use is affected by a variety of factors, including urbanization and the growing interconnectedness of economies and markets. This book examines the challenges and opportunities we face in achieving sustainable land use in the twenty-first century. While land resources remain finite, the global population is projected to reach ten billion by the end of the century, bringing issues of ethics and fairness to center stage. Who should decide how land is used? Where does competition for land occur, and why? Moreover, accelerating globalization, increasing demand for animal protein in our diets, the need for new sources of energy, and the global scarcity of land have led to a decoupling of land use and local control, which raises issues of governance. The contributors, from a range of disciplines and countries, present new analytical perspectives and tools for understanding key issues in global land use. The chapters consider such topics as food production and land use; case studies of urbanization and agriculture in Brazil and China; telecoupling and connections to distant places; emerging institutions of land-use governance; public and private regulation of land use; uniquely urban issues of land use; and future steps to sustainability. Contributors Graeme Auld, Anthony J. Bebbington, Tor A. Benjaminsen, Hilda Blanco, Christopher G. Boone, Saturnino M. Borras, Jr., Wang Chunyu, Ruth DeFries, Xiangzheng Deng, Hallie Eakin, Jennifer C. Franco, Bradford S. Gentry, Peter J. Gregory, Dagmar Haase, Helmut Haberl, Vanessa Hull, Carol A. Hunsberger, John S. I. Ingram, Elena G. Irwin, Anne-Marie Izac, Suzi Kerr, Jennifer Koch, Tobias Kuemmerle, Eric F. Lambin, Yingzhi Lin, Jianguo Liu, Shuaib Lwasa, Peter J. Marcotullio, Matias E. Margulis, Cheikh Mbow, Ole Mertz, Peter Messerli, Patrick Meyfroidt, Emilio Moran, Harini Nagendra, Stephan Pauleit, Steward T. A. Pickett, Tobias Plieninger, Charles L. Redman, Anette Reenberg, Ximena Rueda, Heike Schroeder, Karen C. Seto, Thomas Sikor, Simon R. Swaffield, Billie Lee Turner II, Caroline Upton, Birka Wicke, Makoto Yokohari, Karl Zimmerer

Download or read book Rethinking World Politics written by Philip G. Cerny and published by Oxford University Press. This book was released on 2010-03-24 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rethinking World Politics is a major intervention into a central debate in international relations: how has globalization transformed world politics? Most work on world politics still presumes the following: in domestic affairs, individual states function as essentially unified entities, and in international affairs, stable nation-states interact with each other. In this scholarship, the state lies at the center; it is what politics is all about. However, Philip Cerny contends that recent experience suggests another process at work: "transnational neopluralism." In the old version of pluralist theory, the state is less a cohesive and unified entity than a varyingly stable amalgam of competing and cross-cutting interest groups that surround and populate it. Cerny explains that contemporary world politics is subject to similar pressures from a wide variety of sub- and supra-national actors, many of which are organized transnationally rather than nationally. In recent years, the ability of transnational governance bodies, NGOs, and transnational firms to shape world politics has steadily grown. Importantly, the rapidly growing transnational linkages among groups and the emergence of increasingly influential, even powerful, cross-border interest and value groups is new. These processes are not replacing nation-states, but they are forging new transnational webs of power. States, he argues, are themselves increasingly trapped in these webs. After mapping out the dynamics behind contemporary world politics, Cerny closes by prognosticating where this might all lead. Sweeping in its scope, Rethinking World Politics is a landmark work of international relations theory that upends much of our received wisdom about how world politics works and offers us new ways to think about the forces shaping the contemporary world.

Download or read book Coordination of Monetary and Fiscal Policies written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-03-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneously, in the fiscal area, market development has allowed public debt managers to focus more on cost minimization. This “divorce” of monetary and debt management functions in no way lessens the need for effective coordination of monetary and fiscal policy if overall economic performance is to be optimized and maintained in the long term. This paper analyzes these issues based on a review of the relevant literature and of country experiences from an institutional and operational perspective.

Download or read book World Development Report 2017 written by World Bank Group and published by World Bank Publications. This book was released on 2017-01-23 with total page 605 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are carefully designed, sensible policies too often not adopted or implemented? When they are, why do they often fail to generate development outcomes such as security, growth, and equity? And why do some bad policies endure? World Development Report 2017: Governance and the Law addresses these fundamental questions, which are at the heart of development. Policy making and policy implementation do not occur in a vacuum. Rather, they take place in complex political and social settings, in which individuals and groups with unequal power interact within changing rules as they pursue conflicting interests. The process of these interactions is what this Report calls governance, and the space in which these interactions take place, the policy arena. The capacity of actors to commit and their willingness to cooperate and coordinate to achieve socially desirable goals are what matter for effectiveness. However, who bargains, who is excluded, and what barriers block entry to the policy arena determine the selection and implementation of policies and, consequently, their impact on development outcomes. Exclusion, capture, and clientelism are manifestations of power asymmetries that lead to failures to achieve security, growth, and equity. The distribution of power in society is partly determined by history. Yet, there is room for positive change. This Report reveals that governance can mitigate, even overcome, power asymmetries to bring about more effective policy interventions that achieve sustainable improvements in security, growth, and equity. This happens by shifting the incentives of those with power, reshaping their preferences in favor of good outcomes, and taking into account the interests of previously excluded participants. These changes can come about through bargains among elites and greater citizen engagement, as well as by international actors supporting rules that strengthen coalitions for reform.

Download or read book Rethinking Global Governance written by Mark Beeson and published by Red Globe Press. This book was released on 2019-03-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world currently faces a number of challenges that no single country can solve. Whether it is managing a crisis-prone global economy, maintaining peace and stability, or trying to do something about climate change, there are some problems that necessitate collective action on the part of states and other actors. Global governance would seem functionally necessary and normatively desirable, but it is proving increasingly difficult to provide. This accessible introduction to, and analysis of, contemporary global governance explains what it is and the obstacles to its realization. Paying particular attention to the possible decline of American influence and the rise of China and a number of other actors, Mark Beeson explains why cooperation is proving difficult, despite its obvious need and desirability. This is an essential text for undergraduate and postgraduate students studying global governance or international organizations, and is also important reading for those working on political economy, international development and globalization.

Download or read book Incentives to Pander written by Nathan M. Jensen and published by Cambridge University Press. This book was released on 2018-03-15 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policies targeting individual companies for economic development incentives, such as tax holidays and abatements, are generally seen as inefficient, economically costly, and distortionary. Despite this evidence, politicians still choose to use these policies to claim credit for attracting investment. Thus, while fiscal incentives are economically inefficient, they pose an effective pandering strategy for politicians. Using original surveys of voters in the United States, Canada and the United Kingdom, as well as data on incentive use by politicians in the US, Vietnam and Russia, this book provides compelling evidence for the use of fiscal incentives for political gain and shows how such pandering appears to be associated with growing economic inequality. As national and subnational governments surrender valuable tax revenue to attract businesses in the vain hope of long-term economic growth, they are left with fiscal shortfalls that have been filled through regressive sales taxes, police fines and penalties, and cuts to public education.

Download or read book Rethinking Global Governance written by Mark Beeson and published by Bloomsbury Publishing. This book was released on 2019-02-16 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world currently faces a number of challenges that no single country can solve. Whether it is managing a crisis-prone global economy, maintaining peace and stability, or trying to do something about climate change, there are some problems that necessitate collective action on the part of states and other actors. Global governance would seem functionally necessary and normatively desirable, but it is proving increasingly difficult to provide. This accessible introduction to, and analysis of, contemporary global governance explains what it is and the obstacles to its realization. Paying particular attention to the possible decline of American influence and the rise of China and a number of other actors, Mark Beeson explains why cooperation is proving difficult, despite its obvious need and desirability. This is an essential text for undergraduate and postgraduate students studying global governance or international organizations, and is also important reading for those working on political economy, international development and globalization.

Download or read book Fiscal Decentralization in Developing and Transition Economies written by Anwar Shah and published by World Bank Publications. This book was released on 2004 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: