The Third World And The Rich Countries
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| Author | : Hans Rosling |
| Publisher | : Flatiron Books |
| Total Pages | : 353 |
| Release | : 2018-04-03 |
| Genre | : Science |
| ISBN | : 125012381X |
INSTANT NEW YORK TIMES BESTSELLER “One of the most important books I’ve ever read—an indispensable guide to thinking clearly about the world.” – Bill Gates “Hans Rosling tells the story of ‘the secret silent miracle of human progress’ as only he can. But Factfulness does much more than that. It also explains why progress is so often secret and silent and teaches readers how to see it clearly.” —Melinda Gates "Factfulness by Hans Rosling, an outstanding international public health expert, is a hopeful book about the potential for human progress when we work off facts rather than our inherent biases." - Former U.S. President Barack Obama Factfulness: The stress-reducing habit of only carrying opinions for which you have strong supporting facts. When asked simple questions about global trends—what percentage of the world’s population live in poverty; why the world’s population is increasing; how many girls finish school—we systematically get the answers wrong. So wrong that a chimpanzee choosing answers at random will consistently outguess teachers, journalists, Nobel laureates, and investment bankers. In Factfulness, Professor of International Health and global TED phenomenon Hans Rosling, together with his two long-time collaborators, Anna and Ola, offers a radical new explanation of why this happens. They reveal the ten instincts that distort our perspective—from our tendency to divide the world into two camps (usually some version of us and them) to the way we consume media (where fear rules) to how we perceive progress (believing that most things are getting worse). Our problem is that we don’t know what we don’t know, and even our guesses are informed by unconscious and predictable biases. It turns out that the world, for all its imperfections, is in a much better state than we might think. That doesn’t mean there aren’t real concerns. But when we worry about everything all the time instead of embracing a worldview based on facts, we can lose our ability to focus on the things that threaten us most. Inspiring and revelatory, filled with lively anecdotes and moving stories, Factfulness is an urgent and essential book that will change the way you see the world and empower you to respond to the crises and opportunities of the future. --- “This book is my last battle in my life-long mission to fight devastating ignorance...Previously I armed myself with huge data sets, eye-opening software, an energetic learning style and a Swedish bayonet for sword-swallowing. It wasn’t enough. But I hope this book will be.” Hans Rosling, February 2017.
| Author | : Jeffrey G. Williamson |
| Publisher | : MIT Press |
| Total Pages | : 315 |
| Release | : 2011-01-07 |
| Genre | : Business & Economics |
| ISBN | : 0262295180 |
How the rise of globalization over the past two centuries helps explain the income gap between rich and poor countries today. Today's wide economic gap between the postindustrial countries of the West and the poorer countries of the third world is not new. Fifty years ago, the world economic order—two hundred years in the making—was already characterized by a vast difference in per capita income between rich and poor countries and by the fact that poor countries exported commodities (agricultural or mineral products) while rich countries exported manufactured products. In Trade and Poverty, leading economic historian Jeffrey G. Williamson traces the great divergence between the third world and the West to this nexus of trade, commodity specialization, and poverty. Analyzing the role of specialization, de-industrialization, and commodity price volatility with econometrics and case studies of India, Ottoman Turkey, and Mexico, Williamson demonstrates why the close correlation between trade and poverty emerged. Globalization and the great divergence were causally related, and thus the rise of globalization over the past two centuries helps account for the income gap between rich and poor countries today.
| Author | : Erik S Reinert |
| Publisher | : Hachette UK |
| Total Pages | : 426 |
| Release | : 2019-10-01 |
| Genre | : History |
| ISBN | : 1541762886 |
A maverick economist explains how protectionism makes nations rich, free trade keeps them poor---and how rich countries make sure to keep it that way. Throughout history, some combination of government intervention, protectionism, and strategic investment has driven successful development everywhere from Renaissance Italy to the modern Far East. Yet despite the demonstrable success of this approach, development economists largely ignore it and insist instead on the importance of free trade. Somehow, the thing that made rich nations rich supposedly won't work on poor countries anymore. Leading heterodox economist Erik Reinert's invigorating history of economic development shows how Western economies were founded on protectionism and state activism and only later promoted free trade, when it worked to their advantage. In the tug-of-war between the gospel of government intervention and free-market purists, the issue is not that one is more correct, but that the winning nation tends to favor whatever benefits them most. As Western countries begin to sense that the rules of the game they set were rigged, Reinert's classic book gains new urgency. His unique and edifying approach to the history of economic development is critical reading for anyone who wants to understand how we got here and what to do next, especially now that we aren't so sure we'll be the winners anymore.
| Author | : Péter Tamás Bauer |
| Publisher | : Harvard University Press |
| Total Pages | : 310 |
| Release | : 1981 |
| Genre | : Business & Economics |
| ISBN | : 9780674259867 |
Even in impoverished countries lacking material and human resources, P. T. Bauer argues, economic growth is possible under the right conditions. These include a certain amount of thrift and enterprise among the people, social mores and traditions which sustain them, and a firm but limited government which permits market forces to work. Challenging many views about development that are widely held, Bauer takes on squarely the notion that egalitarianism is an appropriate goal. He goes on to argue that the population explosion of less-developed countries has on the whole been a voluntary phenomenon and that each new generation has lived better than its forebears. He also critically examines the notion that the policies and practices of Western nations have been responsible for third world poverty. In a major chapter, he reviews the rationalizations for foreign aid and finds them weak; while in another he shows that powerful political clienteles have developed in the Western nations supporting the foreign aid process and probably benefiting more from it than the alleged recipients. Another chapter explores the link between the issue of Special Drawing Rights by the International Monetary Fund on the one hand and the aid process on the other. Throughout the book, Bauer carefully examines the evidence and the light it throws on the propositions of development. Although the results of his analysis contradict the conventional wisdom of development economics, anyone who is seriously concerned with the subject must take them into account.
| Author | : World Bank Group |
| Publisher | : World Bank Publications |
| Total Pages | : 336 |
| Release | : 2016-10-12 |
| Genre | : Business & Economics |
| ISBN | : 1464809798 |
Poverty and Shared Prosperity 2016 is the first of an annual flagship report that will inform a global audience comprising development practitioners, policy makers, researchers, advocates, and citizens in general with the latest and most accurate estimates on trends in global poverty and shared prosperity. This edition will also document trends in inequality and identify recent country experiences that have been successful in reducing inequalities, provide key lessons from those experiences, and synthesize the rigorous evidence on public policies that can shift inequality in a way that bolsters poverty reduction and shared prosperity in a sustainable manner. Specifically, the report will address the following questions: • What is the latest evidence on the levels and evolution of extreme poverty and shared prosperity? • Which countries and regions have been more successful in terms of progress toward the twin goals and which are lagging behind? • What does the global context of lower economic growth mean for achieving the twin goals? • How can inequality reduction contribute to achieving the twin goals? • What does the evidence show concerning global and between- and within-country inequality trends? • Which interventions and countries have used the most innovative approaches to achieving the twin goals through reductions in inequality? The report will make four main contributions. First, it will present the most recent numbers on poverty, shared prosperity, and inequality. Second, it will stress the importance of inequality reduction in ending poverty and boosting shared prosperity by 2030 in a context of weaker growth. Third, it will highlight the diversity of within-country inequality reduction experiences and will synthesize experiences of successful countries and policies, addressing the roots of inequality without compromising economic growth. In doing so, the report will shatter some myths and sharpen our knowledge of what works in reducing inequalities. Finally, it will also advocate for the need to expand and improve data collection—for example, data availability, comparability, and quality—and rigorous evidence on inequality impacts in order to deliver high-quality poverty and shared prosperity monitoring.
| Author | : Ian Goldin |
| Publisher | : Oxford University Press |
| Total Pages | : 217 |
| Release | : 2018 |
| Genre | : Business & Economics |
| ISBN | : 0198736258 |
What is development -- How does development happen? -- Why are some countries rich and others poor? -- What can be done to accelerate development? -- The evolution of development aid -- Sustainable development -- Globalization and development -- The future of development.
| Author | : Benjamin Powell |
| Publisher | : Stanford Economics & Finance |
| Total Pages | : 488 |
| Release | : 2008 |
| Genre | : Business & Economics |
| ISBN | : |
Making Poor Nations Rich illustrates the importance of institutions that support economic freedom and private property rights for promoting the form of productive entrepreneurship that leads to sustained increases in countries' standard of living.
| Author | : David Hulme |
| Publisher | : John Wiley & Sons |
| Total Pages | : 0 |
| Release | : 2016-07-25 |
| Genre | : Business & Economics |
| ISBN | : 9780745686066 |
In the past decade, the developed world has spent almost US$ 2 trillion on foreign aid for poorer countries. Yet 1.2 billion people still live in extreme poverty and around 2.9 billion cannot meet their basic human needs. But should rich nations continue to help the poor? In this short book, leading global poverty analyst David Hulme explains why helping the world’s neediest communities is both the right thing to do and the wise thing to do Ð if rich nations want to take care of their own citizens’ future welfare. The real question is how best to provide this help. The way forward, Hulme argues, is not conventional foreign aid but trade, finance and environmental policy reform. But this must happen alongside a change in international social norms so that we all recognise the collective benefits of a poverty-free world.
| Author | : Alireza Salehi-Nejad |
| Publisher | : Titan Inc. |
| Total Pages | : 18 |
| Release | : 2011-04-09 |
| Genre | : Social Science |
| ISBN | : 1312693967 |
Mao Zedong had developed the Three Worlds Theory; however, after the dissolution of Soviet Union, Third World has been used interchangeably with least developed countries and somehow conveys poverty. Nevertheless, the term Third World has also been used to describe some rich countries with very high Gross Domestic Product or even high Human Development Index; therefore, poverty is not always economical, and roots within society. The nature of society is rooted in culture, which is set of ideas, norms, and values; and structure, which is the fundamental organization of society into its institutions, groups, statuses, and roles. While evaluating the difference between “real culture” and “ideal culture”, lead us to understand that cultural values are not always consistent, even within the same society. Global poverty dates back to centuries of plunder and confiscation of land and riches from the indigenous people under the flag of colonialism and exploitation. Over years, exploitation has led the current economic system being funded by the poor through theft of land and natural resources, unfair debt settlement, and unjust taxes on labor and consumption. Social inequality – in sense of distribution of material possessions, money, power, prestige, relationship – whether within societies or among them is a topic at the heart of sociology. The theory of a “Culture of Poverty” describes the combination of factors that perpetuate patterns of inequality and poverty in society. This theory states that living in conditions of prevalent poverty leads to the development of a culture or subculture adapted to those conditions, and characterized by prevalent feelings of vulnerability, dependency, marginality, and feebleness. The myth of the Culture of Poverty, intensifying Cultural Poverty, Cycle of poverty or development trap, insufficiency of materialist information society, necessity of knowledge society, and other key factors in crafting the third world are discussed in this book. “The Third World; Country or People” takes a systematic approach to the analysis of human lives and interactions and evaluates various fields including anthropology, economics, political science, ethnic studies, area studies, gender studies, cultural studies.
| Author | : Sam King |
| Publisher | : Manchester University Press |
| Total Pages | : 277 |
| Release | : 2021-09-07 |
| Genre | : Political Science |
| ISBN | : 1526159007 |
China and other Third World societies cannot 'catch up' with the rich countries. The contemporary world system is permanently dominated by a small group of rich countries who maintain a vice-like grip over the key parts of the labour process – over the most technologically sophisticated and complex labour. Globalisation of production since the 1980s means much more of the world’s work is now carried out in the poor countries, yet it is the rich, imperialist countries – through their domination of the labour process – that monopolise most of the benefits. Income levels in the First World remain five and ten times higher than Third World countries. The huge gulf between rich and poor worlds is getting bigger not smaller. Under capitalist imperialism, it is permanent. China has moved from being one of the poorest societies to a level now similar with other relatively developed Third World societies – like Mexico and Brazil. The dominant idea that it somehow threatens to ‘catch up’ economically, or overtake the rich countries paves the way for imperialist military and economic aggression against China. King’s meticulous study punctures the rising-China myth. His empirical and theoretical analysis shows that, as long as the world economy continues to be run for private profit, it can no longer produce new imperialist powers. Rather it will continue to reproduce the monopoly of the same rich countries generation after generation. The giant social divide between rich and poor countries cannot be overcome.
