The Role of Government in Economic Growth and Development

The Role of Government in Economic Growth and Development
Author: Seung-Ho Kwon
Publisher: Nova Science Publishers
Total Pages: 0
Release: 2019
Genre: Business & Economics
ISBN: 9781536147582

"This book explores the economic development trajectories of South Korea and Vietnam, focusing on the role of the state in economic success amidst similarities and differences in their experiences. These are among the matters that this book explores through a systematic comparative analysis of economic development and the role of the state in South Korea and Vietnam. The results of this analysis provide lessons that will be useful for other developing countries as well as deepen our understanding of the development experiences of South Korea and Vietnam. The innovative nature of this book can be summarized as follows: First, this book engages a historical perspective in order to explore and understand the dynamics of the role of the government; this approach will be valuable to examine how the government has adapted to changes in environmental conditions during the process of development, industrialization and globalization. Thus, the development trajectories of each country have been examined according to three key stages. Secondly, the book uses a comparative method, comparing a wide range of economic, social and political development indicators between the two countries. The comparison between two very different East Asian countries with distinctive social, economic and political systems and at different stages of development can be instructive to show whether the state-led East Asian model has changed, evolved, diminished, or is in terminal decline. Finally, the book uses a qualitative method to generate comprehensive country case studies that are essential to uncover the specific dynamics underlying different development trajectories and outcomes"--

Governing the Market

Governing the Market
Author: Robert Wade
Publisher: Princeton University Press
Total Pages: 500
Release: 2004
Genre: Business & Economics
ISBN: 9780691117294

"George Clooney and Mark Wahlberg lead a talented cast in this harrowing special-effects adventure intercutting the plight of seafarers struggling to reach safe harbor with the heroics of air/sea rescue crews"--Container.

Making Politics Work for Development

Making Politics Work for Development
Author: World Bank
Publisher: World Bank Publications
Total Pages: 350
Release: 2016-07-14
Genre: Business & Economics
ISBN: 1464807744

Governments fail to provide the public goods needed for development when its leaders knowingly and deliberately ignore sound technical advice or are unable to follow it, despite the best of intentions, because of political constraints. This report focuses on two forces—citizen engagement and transparency—that hold the key to solving government failures by shaping how political markets function. Citizens are not only queueing at voting booths, but are also taking to the streets and using diverse media to pressure, sanction and select the leaders who wield power within government, including by entering as contenders for leadership. This political engagement can function in highly nuanced ways within the same formal institutional context and across the political spectrum, from autocracies to democracies. Unhealthy political engagement, when leaders are selected and sanctioned on the basis of their provision of private benefits rather than public goods, gives rise to government failures. The solutions to these failures lie in fostering healthy political engagement within any institutional context, and not in circumventing or suppressing it. Transparency, which is citizen access to publicly available information about the actions of those in government, and the consequences of these actions, can play a crucial role by nourishing political engagement.

The Role of Local Government in Economic Development

The Role of Local Government in Economic Development
Author: Jonathan Q. Morgan
Publisher: Unc School of Government
Total Pages: 21
Release: 2009
Genre: Economic development
ISBN: 9781560116127

This report discusses the findings from a mail survey of local government economic development activities that was sent to all 540 municipalities and 100 counties in North Carolina. An important part of the analysis examines whether cities and counties differ significantly in their economic development efforts and whether smaller jurisdictions employ different types of development strategies and tools than larger ones. The survey findings also highlight the barriers that local governments face in promoting economic development and identify important technical assistance needs and gaps in local capacity.

Finance and Economic Development

Finance and Economic Development
Author: Asl? Demirgüç-Kunt
Publisher: World Bank Publications
Total Pages: 55
Release: 2006
Genre: Desarrollo economico
ISBN:

" The empirical literature on finance and development suggests that countries with better developed financial systems experience faster economic growth. Financial development-as captured by size, depth, efficiency, and reach of financial systems-varies sharply around the world, with large differences among countries at similar levels of income. This paper argues that governments play an important role in building effective financial systems and discusses different policy options to make finance work for development."--World Bank web site.

The Role of Innovation and Entrepreneurship in Economic Growth

The Role of Innovation and Entrepreneurship in Economic Growth
Author: Michael J Andrews
Publisher: University of Chicago Press
Total Pages: 633
Release: 2022-03-17
Genre: Business & Economics
ISBN: 022681078X

"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--

The Pursuit of Development

The Pursuit of Development
Author: Ian Goldin
Publisher: Oxford University Press
Total Pages: 233
Release: 2016
Genre: Business & Economics
ISBN: 0198778031

In this book Ian Goldin shows how the understanding of how nations escape poverty and achieve economic and social progress has changed as the pendulum has swung from arguments for state-led development to a preoccupation with market forces.

Promising Practices for Strengthening the Regional STEM Workforce Development Ecosystem

Promising Practices for Strengthening the Regional STEM Workforce Development Ecosystem
Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
Total Pages: 123
Release: 2016-02-12
Genre: Education
ISBN: 0309391148

U.S. strength in science, technology, engineering, and mathematics (STEM) disciplines has formed the basis of innovations, technologies, and industries that have spurred the nation's economic growth throughout the last 150 years. Universities are essential to the creation and transfer of new knowledge that drives innovation. This knowledge moves out of the university and into broader society in several ways â€" through highly skilled graduates (i.e. human capital); academic publications; and the creation of new products, industries, and companies via the commercialization of scientific breakthroughs. Despite this, our understanding of how universities receive, interpret, and respond to industry signaling demands for STEM-trained workers is far from complete. Promising Practices for Strengthening the Regional STEM Workforce Development Ecosystem reviews the extent to which universities and employers in five metropolitan communities (Phoenix, Arizona; Cleveland, Ohio; Montgomery, Alabama; Los Angeles, California; and Fargo, North Dakota) collaborate successfully to align curricula, labs, and other undergraduate educational experiences with current and prospective regional STEM workforce needs. This report focuses on how to create the kind of university-industry collaboration that promotes higher quality college and university course offerings, lab activities, applied learning experiences, work-based learning programs, and other activities that enable students to acquire knowledge, skills, and attributes they need to be successful in the STEM workforce. The recommendations and findings presented will be most relevant to educators, policy makers, and industry leaders.

The Oxford Handbook of the Quality of Government

The Oxford Handbook of the Quality of Government
Author: Andreas Bågenholm
Publisher: Oxford University Press
Total Pages: 881
Release: 2021-07-20
Genre: Political Science
ISBN: 0191899003

Recent research demonstrates that the quality of public institutions is crucial for a number of important environmental, social, economic, and political outcomes, and thereby human well-being. The Quality of Government (QoG) approach directs attention to issues such as impartiality in the exercise of public power, professionalism in public service delivery, effective measures against corruption, and meritocracy instead of patronage and nepotism. This Handbook offers a comprehensive, state-of-the-art overview of this rapidly expanding research field and also identifies viable avenues for future research. The initial chapters focus on theoretical approaches and debates, and the central question of how QoG can be measured. A second set of chapters examines the wealth of empirical research on how QoG relates to democratization, social trust and cohesion, ethnic diversity, happiness and human wellbeing, democratic accountability, economic growth and inequality, political legitimacy, environmental sustainability, gender equality, and the outbreak of civil conflicts. The remaining chapters turn to the perennial issue of which contextual factors and policy approaches—national, local, and international—have proven successful (and not so successful) for increasing QoG. The Quality of Government approach both challenges and complements important strands of inquiry in the social sciences. For research about democratization, QoG adds the importance of taking state capacity into account. For economics, the QoG approach shows that in order to produce economic prosperity, markets need to be embedded in institutions with a certain set of qualities. For development studies, QoG emphasizes that issues relating to corruption are integral to understanding development writ large.