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Discussions of the use and limits of randomized control trials, considering the power of theory, external validity, gaps in knowledge, and what issues matter. The practice of development economics has undergone something of a revolution as many economists have adopted new methods to answer perennial questions about the effectiveness of anti-poverty programs. In this book, prominent development economists discuss the use and impact of one of the most significant of these new methods, randomized control trials (RCTs) and field experiments. In extended interviews conducted over a period of several years, they explain their work and their thinking and consider the broader issues of how we learn ...
Since 1990, more than 10 million people have been killed in the civil wars of failed states, and hundreds of millions more have been deprived of fundamental rights. The threat of terrorism has only heightened the problem posed by failed states. When States Fail is the first book to examine how and why states decay and what, if anything, can be done to prevent them from collapsing. It defines and categorizes strong, weak, failing, and collapsed nation-states according to political, social, and economic criteria. And it offers a comprehensive recipe for their reconstruction. The book comprises fourteen essays by leading scholars and practitioners who help structure this disparate field of rese...
How can property rights be protected and contracts be enforced in countries where the rule of law is ineffective or absent? How can firms from advanced market economies do business in such circumstances? In Lawlessness and Economics, Avinash Dixit examines the theory of private institutions that transcend or supplement weak economic governance from the state. In much of the world and through much of history, private mechanisms--such as long-term relationships, arbitration, social networks to disseminate information and norms to impose sanctions, and for-profit enforcement services--have grown up in place of formal, state-governed institutions. Even in countries with strong legal systems, man...
Inhaltsangabe:Abstract: The major objective of this work is besides economic considerations to estimate how far Poland and Ukraine have grown on the social and cultural EI path layer of inter-country convergence which is assumedly even more difficult to achieve than consensus in an economic and political state union - what are the causes of the present state of evolution and what inferences for future transformations steps can be deducted thereof. In terms of more specific terms of reference, so-to-speak research question antedating each chapter of the corpus, the author posed the following hypothesis: In the section about national identities, the embracing question is the following, since i...
Celebrating twenty years of transition from socialism to capitalism, this book is designed to be the core textbook for undergraduate courses in transition economics and comparative economic systems. Given the passage of time, Transition Economics: Two Decades On reviews and accounts for the outcomes in the so-called transition economies and, from an academic perspective, takes the reader through developments and issues in the twenty years of transition from plan to market. Treating its subject matter thematically, the book incorporates much of the transition economics literature and evidence that have evolved over the past two decades. In particular, the authors focus on the most important a...
This collection defines Koreatowns as spatial configurations that concentrate elements of “Korea” demographically, economically, politically, and culturally. The contributors provide exploratory accounts and critical evaluations of Koreatowns in different countries throughout the world. Ranging from familiar settings such as Los Angeles and New York City, to more unfamiliar locales such as Singapore, Beijing, Mexico, U.S.-Mexico borderlands, and the American Midwest, this collection not only examines the social characteristics and contours of these spaces, but also the types of discourses and symbols that they exude.
The financial crisis that began in 2008 and its lingering aftermath have caused many intellectuals and politicians to question the virtues of capitalist systems. The 19 original essays in this Handbook, written by leading scholars from Asia, North America, and Europe, analyze both the strengths and weaknesses of capitalist systems. The volume opens with essays on the historical and legal origins of capitalism. These are followed by chapters describing the nature, institutions, and advantages of capitalism: entrepreneurship, innovation, property rights, contracts, capital markets, and the modern corporation. The next set of chapters discusses the problems that can arise in capitalist systems ...
This book combines empirical research and theoretical discussions to demonstrate that the civil society paradigm as a western concept could be applicable to the study of state-society relations in contemporary China. However, the growth of Chinese civil society does not necessarily present an adversarial or confrontational relationship between state and society, but rather it is a cooperative relationship based on common interests and mutual benefits between industrial associations and local governments. The findings of this research confirm that, in contrast to the conventional civil society model in Western and Eastern Europe, where civic organizations are independent of the state, challen...
Until recently, development economists tended to assume a role for private enterprises in reducing poverty, without articulating it explicitly. How private firms contribute to economic mobility and poverty reduction and what governments can do to enhance their contribution is the theme of this book. In developing countries, private enterprise is far and away the largest source of employment and investment and a significant source of government revenue. In addition to these tangible contributions, private enterprise is an important source of less tangible, but critically important, factors such as openness to ideas, innovation, and opportunity. The book presents new evidence, which demonstrat...
This handbook provides a reference resource to showcase insightful and nuanced perspectives on Africa’s agriculture, industry, services, and manufacturing sectors; factors affecting the sectors’ competitiveness; and the sectors’ contribution to employment, economic growth, and sustainable development. It also addresses the potential benefits that the sectors could harness from the planned Continental Free Trade Area (CFTA), and in particular how CFTA could increase the efficiency and competitiveness of these sectors. This book provides evidence-based holistic analyses of the past and current state of Africa’s economic sectors, with a strong emphasis on tangible and specific policy re...