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A dynamic revision of the most modern development economics textbook.
This book explains how South Korea has uniquely transformed itself from a developing to a developed country by combining economic analysis with historical perspective, an approach badly needed but rarely taken by previous studies. The book shows that the country has done so through a tortuous process. It first explains how Korea failed earlier in history to emerge as a developing rather than a developed country after the Second World War but South Korea began to grow rapidly in the 1960s. It then explains that the country has sustained growth while undergoing recurring crises, examining three conditions for sustaining growth: macroeconomic management, structural transformation, and social conflict management. While doing so, the book interprets some important subjects differently from the previous studies; it also explains some other important subjects they have not covered sufficiently. The book finally discusses questions for the future briefly.
"Growing Apart is an important and distinguished contribution to the literature on the political economy of development. Indonesia and Nigeria have long presented one of the most natural opportunities for comparative study. Peter Lewis, one of America's best scholars of Nigeria, has produced the definitive treatment of their divergent development paths. In the process, he tells us much theoretically about when, why, and how political institutions shape economic growth." —Larry Diamond, Senior Fellow, Hoover Institution "Growing Apart is a careful and sophisticated analysis of the political factors that have shaped the economic fortunes of Indonesia and Nigeria. Both scholars and policymake...
In Agenda for Africa's Economic Renewal, ten experts from Africa, Europe, and the United States look beyond structural adjustment and identify the strategic elements that are needed to engineer Africa's economic recovery in the coming years. Starting from the considerable degree of consensus among policymakers and scholars about what ails African economies, the authors analyze the key choices that need to be made in the critical areas of agriculture, trade and industry, state capacity, and the social sectors. The authors consider these strategic priorities in the extremely fragile environment of democratic rule in many countries of the region, and they stress the long overdue need to focus directly on the political implications of economic policy choices.
Leading Issues in Black Political Economy brings together the foremost experts on issues ranging from employment, training, and education of African Americans. It also emphasizes macro-economic concerns of business development with special emphasis on long-term trends of black-owned businesses. The work emphasizes welfare considerations in an anti-welfare epoch, and the role of affirmative action now that it is under attack. Attention is given to the role of race in the continuing disparity of income distribution in American society. The highlights of Leading Issues include "An Employment and Business Strategy for the Next Century: A Comment," by Thomas D. Boston; "Long Term Trends and Prosp...
Annotation Reviews labor market outcomes in Sub-Saharan Africa and analyzes what is required to spur economic growth through increased efficiency of physical and human capital. "World Development Report 1995: Workers in an Integrating World" examines ways of improving labor outcomes in low- and middle-income economies. This regional perspective focuses on Sub-Saharan Africa in relation to the four areas in need of labor policy reform that were identified in the Report: development strategy, international integration, labor market interventions, and transformation to greater market orientation. The paper reviews labor market outcomes in the region and analyzes what is required to achieve economic growth through increased efficiency of physical and human capital. It examines Africa's role in the world economy and why greater integration is essential to the region. It also discusses labor policies and how workers in the region are affected by the transition to open development strategies. The prospects for the region's growing labor force are briefly reviewed.
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Table of contents
This book challenges the widely accepted notion that globalization encourages economic convergence--and, by extension, cultural homogenization--across national borders. A systematic comparison of organizational change in Argentina, South Korea, and Spain since 1950 finds that global competition forces countries to exploit their distinctive strengths, resulting in unique development trajectories. Analyzing the social, political, and economic conditions underpinning the rise of various organizational forms, Guillén shows that business groups, small enterprises, and foreign multinationals play different economic roles depending on a country's path to development. Business groups thrive when th...
Global imperial designs, which have been in place since conquest by western powers, did not suddenly evaporate after decolonization. Global coloniality as a leitmotif of the empire became the order of the day, with its invisible technologies of subjugation continuing to reproduce Africa’s subaltern position, a position characterized by perceived deficits ranging from a lack of civilization, a lack of writing and a lack of history to a lack of development, a lack of human rights and a lack of democracy. The author’s sharply critical perspective reveals how this epistemology of alterity has kept Africa ensnared within colonial matrices of power, serving to justify external interventions in African affairs, including the interference with liberation struggles and disregard for African positions. Evaluating the quality of African responses and available options, the author opens up a new horizon that includes cognitive justice and new humanism.