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This book reflects on current thinking in development economics and on what may happen over the next two decades. As well as studying development economics in retrospect, the volume explores the current debates and challenges and looks forward at the problems that affect the global capacity to achieve the Millennium Development Goals.
An analysis of the elevated level of contemporary global economic inequality--its measurement, trends over time and geography, and the policy challenges thrown up by them, with a focus on mainly five countries--Brazil, China, India, South Africa, and Mexico.
This volume brings together for the first time the important work of W.M. (Terence) Gorman, a major figure in the development of economics during the past 40 years. His publications on separability, aggregation, duality and demand are recongized as fundamental contributions to economic theory.
The relationship between growth, inequality, and poverty lies at the heart of development economics. This volume draws together many of the most important recent contributions to the controversies surrounding this topic. Some of the chapters help explain why there is profound disagreement on crucial issues of growth, poverty and inequality within academic circles, and among organizations and various groups active in the development field. Another central theme is the cross-country evidence on the relationship between growth and poverty, and the extent to which it is valid to draw policy conclusions from this empirical evidence. The volume also shows how new microeconomic techniques such as p...
Most of the world's people live in "developing" economies, as do most of the world's poor. The predominant means of economic development is economic growth. In this book Gary Fields asks to what extent and in what circumstances economic growth improves the material standard of living of a country's people. Most development economists agree that economic growth raises the incomes of people in all parts of the income distribution and lowers the poverty rate. At the same time, some groups lose out because of changes accompanying economic growth. Fields examines these beliefs, asking what variables should be measured to determine whether progress is being made and what policies and circumstances cause some countries to do better than others. He also shows how the same data can be interpreted to reach different, even conflicting, conclusions. Using both theoretical and empirical approaches, Fields defines and examines inequality, poverty, income mobility, and economic well-being. Finally, he considers various policies for broad-based growth. Copublished with the Russell Sage Foundation.
Amartya Sen "Equality," I spoke the word As if a wedding vow Ah, but I was so much older then, I am younger than that now. Thus sang Bob Dylan in 1964. Approbation of equality varies not only with our age (though it is not absolutely clear in which direction the values may shift over one's life time), but also with the spirit of the times. The 1960s were good years for singing in praise of equality. The spirit of the present times would probably be better reflected by melodies in admiration of the Federal Reserve System. And yet the technical literature on the evaluation and measurement of economic inequality has grown remarkably over the last three decades. Even as actual economic policies ...
Rationality and freedom are among the most profound and contentious concepts in philosophy and the social sciences. In this, the first of two volumes, Amartya Sen brings clarity and insight to these difficult issues.
Sufficientarian approaches maintain that justice should aim for each person to have "enough". But what is sufficiency? What does it imply for health or health care justice? In this volume, philosophers, bioethicists, health policy-makers, and health economists assess sufficiency and its application to health and health care in fifteen original contributions.
In a remarkably concise, readable, and accessible format, John Iceland provides a comprehensive picture of poverty in America, He shows how poverty is measured and understood and how it has changed over time, as well as how public policies have grappled with poverty as a political issue and an economic reality. This edition has been updated and includes a new preface.