Institutional Adjustment for Economic Growth

Institutional Adjustment for Economic Growth
Author: Per Ronnas
Publisher: Routledge
Total Pages: 427
Release: 2019-05-23
Genre: Business & Economics
ISBN: 0429806426

First published in 1998, this volume focuses on the special category of countries popularly referred to as ‘transition economies’ through an analysis of small and medium sized enterprises (SMEs) and their role in Asian economies, with a view to assessing whether they could or should provide a model for African countries. The present volume explores the institutional peculiarities displayed by ‘transition economies’. These are economies which are undergoing a comprehensive and fundamental societal transformation with a view to creating a utopian communist society within the frame of a centrally administered economy, then a pluralistic society based on a market economy and the rule of law. Much of the debate on the economic performance of African LCD's has focused on informal sector activities or on the imperative to achieve structural adjustment. By highlighting instead the challenges facing two of the least successful among the African economies - Ethiopia and Tanzania, both of which share a socialist past - this book moves beyond the above issues. It argues that institutional adjustment is critical to the prospects for success in developing transition economies. As such the book investigates the transaction costs environment within which small-scale industrial activities are set. By drawing extensively on the Asian experience, (predominantly China and Vietnam but also India and Taiwan), it identifies sources of transaction costs by examining not only the transactional disadvantages of small-scale production, but also the past and present sources of institutional inefficiency.

Institutional Adjustment

Institutional Adjustment
Author: Carey C. Thompson
Publisher: University of Texas Press
Total Pages: 195
Release: 2014-11-06
Genre: Business & Economics
ISBN: 1477305181

This collection of essays presents a stimulating and challenging examination of the nature of institutional adjustment, its history and its future, its problems and its purposes. The focus is on the pioneer work done by the late Clarence Ayres, of the University of Texas, in the study of the processes of change and growth and the nature of modern industrialized economies. The opening essay, a provocative discussion of “The Theory of Institutional Adjustment,” is Ayres’s contribution. The succeeding essays examine several aspects of institutional adjustment: Kenneth H. Parsons discusses “The Institutional Basis of a Progressive Approach to Economic Development.” Wendell Gordon considers “Orthodox Economics and Institutionalized Behavior.” Gunnar Myrdal brings the breadth of his knowledge of many different economies and the institutional contexts within which they operate to a study of the “Adjustment of Economic Institutions in Contemporary America.” Forest Hill provides a historical survey of the process of growth and change in his essay “The Government and Institutional Adjustment: The American Experience.” Wolfgang Friedmann discusses some legal aspects of the subject in “Creative Legal Interpretation and the Process of Institutional Adjustment.” Rounding out this collection of essays, Morris A. Copeland and Gardiner C. Means offer proposals for guiding adjustment and change in specific areas: “Implementing the Objective of Full Employment in Our Free Enterprise System” and “Monetary Institutions to Serve the Modern Economy.” These essays were originally read at a conference sponsored by the Department of Economics of the University of Texas at Austin in April and May of 1965.

National Competitiveness and Economic Growth

National Competitiveness and Economic Growth
Author: Timo J. Hämäläinen
Publisher: Edward Elgar Publishing
Total Pages: 410
Release: 2003
Genre: Business & Economics
ISBN:

The current paradigm shift in the world economy is challenging the traditional competitiveness and growth theories with their few explanatory variables. This book offers a more holistic framework to synthesise the key findings of the various branches of competitiveness and growth research. The author illustrates this framework with a new long wave theory of socio-economic development. This theory emphasises the competitiveness and growth benefits of rapid structural adjustment in the rapidly changing techno-economic environment. Based on thorough analysis the author argues that both markets and governments have become less efficient due to the current transformation of the world economy. His empirical data from 22 OECD countries in the 1980s and 1990s illustrates that efficiency and growth-oriented governments have significantly contributed to their countries' economic success. National Competitiveness and Economic Growth will furnish its readers with a better understanding of the interdependencies of many important but seemingly unrelated aspects of modern economies and societies, for example the dynamics of business and technology, and cultural and institutional change. It will appeal to economists, business professionals and policymakers with a special interest in the competitiveness and growth of firms and national economies as well as the long-term development of socio-economic systems.

Resources, Production and Structural Dynamics

Resources, Production and Structural Dynamics
Author: Mauro L. Baranzini
Publisher: Cambridge University Press
Total Pages: 521
Release: 2015-04-30
Genre: Business & Economics
ISBN: 1107079098

New approach to the economic theory of resources, showing the positive role that scarcities can play in triggering economic growth.

Annual World Bank Conference on Development Economics 1995

Annual World Bank Conference on Development Economics 1995
Author: Michael Bruno
Publisher: World Bank Publications
Total Pages: 396
Release: 1996
Genre: Business & Economics
ISBN: 9780821332801

Annotation. The 1995 conference continued the tradition of holding a roundtable discussion related to the subject of the forthcoming annual World Development Report (*), in this case, economies in transition. The conference addressed four themes: redistribution with growth; demographic change and development; aid and development; and fiscal decentralization. Among the articles included in the 1995 proceedings are: - Argentina's Miracle? From Hyperinflation to Sustained Growth. Domingo F. Cavallo and Guillermo Mondino - Inequality, Poverty, and Growth: Where Do We Stand? Albert Fishlow - Government Provision and Regulation of Economic Support in Old Age. Peter Diamond - Is Growth in Developing Countries Beneficial to Industrial Countries? Richard N. Cooper - Fiscal Federalism and Decentralization: A Review of Some Efficiency and Macroeconomic Aspects. Vito Tanzi.

Globalisation and Economic Security in East Asia

Globalisation and Economic Security in East Asia
Author: Helen Sharmini Nesadurai
Publisher: Routledge
Total Pages: 278
Release: 2006
Genre: Business & Economics
ISBN: 0415373506

What is the relationship between globalization and economic security? This is a keen new engagement with this key question, which uses detailed conceptual exploration and empirical analysis.

Population, Economic Growth and Agriculture in Less Developed Countries

Population, Economic Growth and Agriculture in Less Developed Countries
Author: Nadia Cuffaro
Publisher: Routledge
Total Pages: 188
Release: 2003-08-29
Genre: Business & Economics
ISBN: 1134631308

In 1950 the world population was 2.5 billion; fifty years later there are over 6 billion people. The demographic of this explosion has essentially occurred in the developing areas of the world. The key to understanding many contemporary development problems that have arisen from this rapid growth is in understanding the relationships between population and the economy. This book offers an analysis of such relationships, encompassing a review of the major positions in the academic debate. Population, Economic Growth and Agriculture in Less Developed Countries will serve as a useful introduction and reference tool for students, academics and all with an interest in the population debate and economics.

Institutions and Economic Change in Southeast Asia

Institutions and Economic Change in Southeast Asia
Author: Colin Barlow
Publisher: Edward Elgar Publishing
Total Pages: 232
Release: 1999-12-21
Genre: Business & Economics
ISBN: 9781782542490

This work scrutinizes the role of institutional change, with special reference to Southeast Asia. It suggests that the nature of institutional arrangements such as households, community groups, firms and formal governance systems can significantly affect human activity and economic success.

The Institutional Economics of Water

The Institutional Economics of Water
Author: R. Maria Saleth
Publisher: World Bank Publications
Total Pages: 418
Release: 2004-01-01
Genre: Nature
ISBN: 9780821356562

This publication examines issues of water sector reform and performance from the perspectives of institutional economics and political economic studies. The authors develop an alternative quantitative assessment methodology based on the principle of 'institutional ecology', as well as data collected from 127 water experts from 43 countries and regions around the world using a cross-country review of recent water sector reforms within an institutional transaction cost framework.

Economic Development: A Regional, Institutional, and Historical Approach

Economic Development: A Regional, Institutional, and Historical Approach
Author: Richard Grabowski
Publisher: Routledge
Total Pages: 294
Release: 2014-12-18
Genre: Business & Economics
ISBN: 1317472586

The second edition of this innovative and affordable book integrates environmental and financial sustainability into its distinctive regional approach. By focusing on political economy in its cultural, religious and historical roots, as well as leadership decisions, it spurs critical thinking. Working through the unique development paths of individual countries, the authors foster integrative thinking and a strong sense of realism about both the prospects and challenges of economic development in the rapidly evolving global economy. The book is exceptional in both its theoretical nuance and accessible writing. An Instructors Manual with discussion questions, a test bank, and PowerPoint slides is available online to professors who adopt the text.