Development In Transition
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Author | : Justin Yifu Lin |
Publisher | : Cambridge University Press |
Total Pages | : 171 |
Release | : 2009-02-12 |
Genre | : Business & Economics |
ISBN | : 1139475517 |
In Economic Development and Transition, renowned development economist Justin Yifu Lin argues that economic performance in developing countries depends largely on government strategy. If the government plays a facilitating role, enabling firms to exploit the economy's comparative advantages, its economy will develop successfully. However, governments in most developing countries attempt to promote industries that go against their comparative advantages by creating various kinds of distortion to protect nonviable firms in priority industries. Failing to recognize the original intention of many distortions, most governments in transition economies attempt to eliminate those distortions without addressing firms' viability problems, causing economic performance to deteriorate in their transition process. Governments in successful transition economies adopt a pragmatic dual-track approach that encourages firms to enter sectors that were suppressed previously and gives necessary support to firms in priority industries before their viability issue is addressed.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 234 |
Release | : 2019-09-27 |
Genre | : |
ISBN | : 9264313761 |
The Latin American Economic Outlook 2019: Development in Transition (LEO 2019) presents a fresh analytical approach in the region. It assesses four development traps relating to productivity, social vulnerability, institutions and the environment.
Author | : Aleksandr V. Gevorkyan |
Publisher | : Routledge |
Total Pages | : 317 |
Release | : 2018-04-17 |
Genre | : Business & Economics |
ISBN | : 1317567943 |
This interdisciplinary study offers a comprehensive analysis of the transition economies of Central and Eastern Europe and the former Soviet Union. Providing full historical context and drawing on a wide range of literature, this book explores the continuous economic and social transformation of the post-socialist world. While the future is yet to be determined, understanding the present phase of transformation is critical. The book’s core exploration evolves along three pivots of competitive economic structure, institutional change, and social welfare. The main elements include analysis of the emergence of the socialist economic model; its adaptations through the twentieth century; discussion of the 1990s market transition reforms; post-2008 crisis development; and the social and economic diversity in the region today. With an appreciation for country specifics, the book also considers the urgent problems of social policy, poverty, income inequality, and labor migration. Transition Economies will aid students, researchers and policy makers working on the problems of comparative economics, economic development, economic history, economic systems transition, international political economy, as well as specialists in post-Soviet and Central and Eastern European regional studies.
Author | : Magnus Blomström |
Publisher | : London : Zed Books ; Totowa, N.J. : US distributor, Biblio Distribution Center |
Total Pages | : 232 |
Release | : 1984 |
Genre | : Business & Economics |
ISBN | : |
Author | : Friedrich Hinterberger |
Publisher | : Routledge |
Total Pages | : 208 |
Release | : 2013-03-01 |
Genre | : Business & Economics |
ISBN | : 1136505997 |
Stimulating growth through adjusting macroeconomic conditions remains the principal policy responses to pressing problems of unemployment, poverty and environmental degradation. However, are the current policy approaches capable of tackling these problems by generating win-win solutions or are they the root causes of these problems? The current growth trajectory has neither lead to a reduction of our overall resource use – as we use resources and energy more efficiently we consume more – nor create the conditions for employment and well-being. Increasingly, there is the realization that it is necessary to make substantial interventions into our national economies and create better framework conditions and incentive systems in order to more widely and rapidly develop and disseminate workable, innovative solutions for realizing sustainable development. This is the task of politics, and the concrete design of the measures must be built upon a broad public debate and shared long-term visions. The authors of this book intend to trigger a dialogue among stakeholders about how we can shape this transformation process towards sustainability. Following a detailed presentation of the key arguments for reconsidering the necessary conditions for sustainable economies, an international cast of commentators from politics, administration, civil society, business and science engage with the central question: is there an alternative trajectory for Western economies that sustains wellbeing whilst confronting ecological and social breakdown?
Author | : Aleksandr V Gevorkyan |
Publisher | : Routledge |
Total Pages | : 284 |
Release | : 2013-07-03 |
Genre | : Business & Economics |
ISBN | : 1136833501 |
This book explores the problems of fiscal policy as an instrument of economic and social development in the modern environment, primarily focusing on the transition economies of Eastern Europe, Caucasus, and Central Asia. Evaluating the transformational experience in these countries, this work meets a need for a critical analysis in the aftermath of the 1990s market liberalization reforms, of current trends and to outline the roadmap for future development.
Author | : S. Estrin |
Publisher | : Springer |
Total Pages | : 321 |
Release | : 2007-08-10 |
Genre | : Business & Economics |
ISBN | : 0230590322 |
This book covers a wide variety of aspects of transition in Central and Southeast Europe and the CIS, including the socialist legacy, privatization and growth, skills, and banking reforms. It also covers the evolution of the global economy beyond transition, looking at complexity, risk management, the optimal transition path, and globalization.
Author | : Thorsten Beck |
Publisher | : World Bank Publications |
Total Pages | : 54 |
Release | : 2005 |
Genre | : Asia, Central |
ISBN | : |
Abstract: "Drawing on the recent literature on economic institutions and the origins of economic development, the authors offer a political economy explanation of why institution building has varied so much across transition economies. They identify dependence on natural resources and the historical experience of these countries during socialism as major determinants of institution building during transition by influencing the political structure and process during the initial years. Their empirical analysis shows that countries that are more reliant on natural resources and spent a longer time under socialist governments are more likely to see former communists remain in power and to start the transition process with less open political systems, with negative repercussions for the development of market-compatible institutions. Using natural resource reliance and the years under socialism to extract the exogenous component of institution building, the authors also show the importance of institutions in explaining the variation in economic development and growth across transition economies during the first decade of transition."--World Bank web site.
Author | : José Antonio Alonso |
Publisher | : Oxford University Press, USA |
Total Pages | : 369 |
Release | : 2020-10-22 |
Genre | : |
ISBN | : 0198852770 |
Trapped in the Middle? investigates whether middle-income traps really exist and, in case they do, how these pitfalls are manifested, their causes, what economic policy measures are required to escape from them, and what international cooperation can do to support this process.
Author | : Yinxing Hong |
Publisher | : Springer |
Total Pages | : 243 |
Release | : 2016-04-01 |
Genre | : Business & Economics |
ISBN | : 9812878432 |
This book by the renowned Chinese scholar Dr. Yinxing Hong provides the reader with a perceptive analysis of what has worked in China’s development model. Over the past 30 years, China has experienced a remarkable economic rise, but it now faces the challenge of switching the drivers of this economic growth, which have proven so successful. The path has not been an easy one, and many challenges lie ahead. However, the rise of the Chinese economy has been the most significant global development in recent years. Is there a specific Chinese model? How was the Chinese transition, from a Soviet-style economic structure to one that is more open to market influences and the global market, achieved? In 15 essays, Dr. Hong provides fascinating insights to these and other key questions. The essays cover the challenges involved in transition and how the market-oriented reforms progressed; what the consequences of the transition were for public goods provision and how China opened up its economic system. The essays in Part II address the remaining challenges facing rural areas trying to develop a more consumer-driven economic base, and how to effectively modify the model of economic development. This book provides a sound basis for policymakers and scholars alike, as well as anyone who wants to get an insider’s view of the progress and challenges faced by China’s economic development.