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This wide-ranging and innovative book synthesises the findings of a major international study of the political economy of poverty, equity, and growth. It is based primarily on analytical economic histories of 21 developing countries from 1950 to 1985, but also takes account of the wider literature on the subject. The authors take an ambitious interdisciplinary approach to identify patterns in the interplay of initial conditions, instiuttions, interests, and ideas which can help to explain the different growth and poverty alleviation outcomes in the Third World. Three different types of poverty are distinguished, based on their causes, and a more nebulous idea of equityin contrast to egalitarianismis shown to have influenced policy. Since growth is found to be the major means of alleviating mass structural poverty, much of the book is concerned with discovering explanations for policies which are found to be the most important influences on the proximate causes of growth. Lal and Mynt also consider the available evidence on the role of direct transferspublic and privatein alleviating destitution and conjunctural poverty. The Political Economy of Poverty, Equity, and Growth develops a novel framework for the comparative analysis of different growth outcomes. This framework distinguishes between the different relative factor endowments of land, labour, and capital, and between the different organizational structures of pesent versus plantation and mining economies. It also differentiates between the polities of 'autonomous' and 'factional' states in the countries studied, breaking the analysis down into further typological subdivisions and providing important new insights into the differing behaviour of economies that are rich in natural resources and those with abundant labour. These insights constitute a richer explanation for the divergent developmental outcomes in East Asia compared with Latin America and Africa. The evidence collated is used to argue for the continuing relevance of the classical liberal viewpoint on public policies for development, and to show why, even so, nationalist ideologies are likely to be adopted and lead to cycles of interventionism and liberalism. The evidence is also used to provide an explanation for the surprising current worldwide Age of Reform.

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New insight on economic growth and reduction of poverty.......2000-05-30

This an important book for international political economists, who today are focussed on poor nations' "failure to develop," and the persistence of poverty. Lal and Myint have gathered the results of studies of 16 poor countries. The studies were designed by the World Bank, and focussed on the question of whether successful growth reduces poverty or leaves the poor behind. An encouraging finding, summarized in Chapter 10, is that successful economic growth does improve the welfare of the poor, and the failure of economic growth deepens poverty. Other findings related to income inequality, social welfare spending, and social safety-nets are drawn from the 16 studies. The findings give a solid base from which to debate left-right policy positions on poverty elimination. The data and detail in this book make it ideal for an international political economy classroom, but perhaps not for the casual reader.

Essays on Poverty, Equity, and Growth (Comparative & International Education Series)

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Essays on Poverty, Equity, and Growth (Comparative & International Education Series)

Manufacturer: Pergamon Press Inc
ProductGroup: Book
Binding: Hardcover

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The Political Economy of Poverty, Equity, and Growth: Brazil and Mexico: e (A World Bank Comparative Study)

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The Political Economy of Poverty, Equity, and Growth: Brazil and Mexico: e (A World Bank Comparative Study)
Angus Maddison
Manufacturer: A World Bank Comparative Study
ProductGroup: Book
Binding: Hardcover

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ASIN: 0195208749

Book Description

Do national economic policies cause economic decline in developing countries, or do the conflicts between special interest groups force economic inequalities which might not otherwise exist? This work provides a current account of the economic histories of Brazil and Mexico since 1950. It
analyzes how institutions, ideologies, power elites, and interest groups have affected each nation's economic growth and distribution of income. Maddison discusses key factors responsible for the economic progress of these countries--accumulated capital, productivity increases, relatively unimpeded
foreign investment, and reasonably good foreign exchange rates.

The Political Economy of Poverty, Equity, and Growth: Costa Rica and Uruguay (A World Bank Comparative Study. the Political Economy of Poverty, Equity, and Growth)

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The Political Economy of Poverty, Equity, and Growth: Costa Rica and Uruguay (A World Bank Comparative Study. the Political Economy of Poverty, Equity, and Growth)

Manufacturer: Oxford University Press, USA
ProductGroup: Book
Binding: Hardcover

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Costa Rica, though largely an agricultural country, has achieved a stable government and a relatively high standard of living. The people of Uruguay have suffered tremendously from the instability of their government, inflation, and the resulting price control and devaluation of their peso. In this work, leading economists originally from these countries compare and contrast the existing equity and growth patterns of Costa Rica and Uruguay. They explore government policies and discuss how development economics is and is not working in both of these countries.

The Political Economy of Poverty, Equity, and Growth: Egypt and Turkey (A World Bank Comparative Study)

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The Political Economy of Poverty, Equity, and Growth: Egypt and Turkey (A World Bank Comparative Study)
Bent Hansen
Manufacturer: A World Bank Publication
ProductGroup: Book
Binding: Hardcover

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Book Description

This book describes, analyses, and compares the political economy of growth in its interrelationship with equity and poverty in Egypt and Turkey. It covers the period of modern national independence during the years 1923 up to 1985.

The Political Economy of Poverty, Equity, and Growth: Five Small Open Economies (A World Bank Comparative Study. the Political Economy of Poverty, Equity, and Growth)

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The Political Economy of Poverty, Equity, and Growth: Five Small Open Economies (A World Bank Comparative Study. the Political Economy of Poverty, Equity, and Growth)

Manufacturer: Oxford University Press, USA
ProductGroup: Book
Binding: Hardcover

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Book Description

This work explores the economies of Hong Kong, Mauritius, Singapore, Malta, and Jamaica. The authors examine various aspects of the economies--from historical background to income distribution, from labor relations to capital formation. After a brief introduction containing background and notes on methodology, the book focuses on each individual country. These are followed by a comparative study which compares growth patterns, strategies for industrialization, and the role of natural resources.

The Political Economy of Poverty, Equity, and Growth: Malawi and Madagascar (World Bank Comparative Study)

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The Political Economy of Poverty, Equity, and Growth: Malawi and Madagascar (World Bank Comparative Study)
Frederic L. Pryor
Manufacturer: Oxford University Press, USA
ProductGroup: Book
Binding: Hardcover

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Book Description

Malawi and Madagascar are poor, agricultural nations that have had very different degrees of economic success over the past quarter century. The economic ideologies of their governmental leaders have been, respectively, capitalist and socialist; and the two countries have pursued quite different strategies of economic development. This is the first book in the English language focusing on the economic systems and long-term economic policies of either country. Using the framework of the "New Political Economy," it attempts to answer three critical questions: Why have these nations chosen such different types of economic institutions and strategies of development? With what types of policies have these governments tried to realize their different goals? What has been the impact of such policies and their implementation on both economic growth and the distribution of income? The author shows clearly the linkages between agricultural policies designed to accelerate growth and the unintended widening of rural income differentials that resulted in both countries and how these relationships provided the basic mechanism underlying economic performance. The comparison of the experiences of these two nations serves not just to advance our knowledge of Africa, but also to illustrate some general forces linking poverty, equity, and growth in all developing nations.

The Political Economy of Poverty, Equity, and Growth: Nigeria and Indonesia (A World Bank Comparative Study : Teh Political Economy of Poverty, Equity, and Growth)

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The Political Economy of Poverty, Equity, and Growth: Nigeria and Indonesia (A World Bank Comparative Study : Teh Political Economy of Poverty, Equity, and Growth)
David Bevan , Paul Collier , and Jan Willem Gunning
Manufacturer: A World Bank Publication
ProductGroup: Book
Binding: Hardcover

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Book Description

This volume analyzes and compares economic growth in Nigeria and Indonesia during the period from 1950 to 1985, addressing questions as to why one country was so much more successful than the other. Providing some surprising answers for those who believed that the divergence would be found in deeply rooted, long term trends, the authors also offer insight into what has become a reversal of fortune in the late 1990's, as Indonesia has experienced decline, and the Nigerian economy has stabilized.

The Political Economy of Poverty, Equity, and Growth: Sri Lanka and Malaysia (A World Bank Comparative Study)

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The Political Economy of Poverty, Equity, and Growth: Sri Lanka and Malaysia (A World Bank Comparative Study)
Henry J. Bruton
Manufacturer: A World Bank Publication
ProductGroup: Book
Binding: Hardcover

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ASIN: 0195208242

Book Description

Sri Lanka and Malaysia have many traits in common--both were former colonies, have similar land areas and resource endowments, and they have plantation and mining export sectors which co-exist with subsistence farming with the major crop as rice. Bruton examines these similarities and contrast
the differences that exist. He emphasizes the constraints within each country's government policies, evaluating the origins and legitimacies of these restrictions. As with other titles in the series, this work provides an historical narrative with which to understand the path of development each
country has taken.

The Political Economy of Poverty, Equity, and Growth : A Comparative Study

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The Political Economy of Poverty, Equity, and Growth : A Comparative Study
Deepak; Myint, H. LAL
Manufacturer: Oxford University Press, USA
ProductGroup: Book
Binding: Paperback
ASIN: B000OKPRKE

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