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Environmental Resource Valuation
Economic values are increasingly used in policy analysis and legal settings. With the growing recognition that many of the things that benefit or harm people are outside the market system, have come increasing efforts to develop nonmarket valuation techniques. One such technique is the contingent valuation method (CVM). CVM seeks to value environmental and other nonmarket goods and services by asking individuals about their values using survey methods. These procedures are different from the `revealed-preference' methods that economists have historically employed to estimate economic values. Why depart from well-established revealed-preference procedures and apply a `stated-preference' metho...
The Asymmetries of Globalization
The discourse on globalization has become polarized. Proponents consider globalization as the silver bullet for targeting growth in the world economy and for poor countries specifically, while opponents see it as the poisoned arrow of exploitation and impoverishment of the Third World. Splendidly edited, The Asymmetries of Globalization deals with the 'what' and 'how' but primarily with 'why' globalization has most often negative outcomes for developing countries. It breaks new ground in approaching globalization not only as trade commodities, but also as trade in positional goods ('decommodified trade.') The two novel and munificent forms of post-Ricardian decommodified trade, trade in serv...
How Close is Close? Assessing Uganda’s Progressive Refugee Policy in the Era of COVID-19
Uganda is home to 1.5 million refugees from DRC, Burundi, South Sudan and other countries. The Uganda political framework is one of the most progressive and inclusive toward refugees. Only a fraction of the refugees is likely to go back to their home countries. This book assesses Uganda’s progressive refugee policy with reference to how it functioned in the era of COVID-19 using a unique panel data collected between 2017 and 2021. The Uganda Refugee Policy (2006) and the Refugee Regulations (2010) grant refugees wide-ranging rights that include allocating land for agriculture purposes, freedom of movement, and the right to seek employment. However, the magnitude and the speed of influx of ...
Globalization and Development
The key challenge for achieving sustained development in developing countries relates to quality of domestic governance, which in turn is strongly affected by external interventions. Domestic governance includes politics, policy formulation, institution building and policy implementation. It is important for both international and domestic agents to understand how the interplay between external interventions and domestic governance affects social and economic outcomes. This volume presents a series of studies analysing the links between external interventions and domestic governance in the areas of economic, social and security policy. Key questions that are addressed here include: How do ex...
Mortality Risk Valuation in Environment, Health and Transport Policies
The book presents a major meta-analysis of 'value of a statistical life' (VSL) estimates derived from surveys where people around the world have been asked about their willingness to pay for small reduction in mortality risks.
Credit Cooperatives in India
Credit cooperatives in India make up one of the largest rural financial systems in the world. Playing a vital role in dispensing credit in largely agricultural areas, they are also the weakest link in the formal credit delivery system. This book provides a valuable case study of the traditional banking system in this developing economy, exploring the reasons for the poor performance of credit cooperatives in India and suggesting measures to revitalise them. Although this sector has grown along with the micro-credit sector to provide finance for the poor and the less creditworthy borrowers, financing development still remains a major problem in the developing world. However, the financial hea...
Financial Stability and Growth
The 2008 global financial crisis took the world by surprise, not least because politicians, businessmen and economists believed that they had learned crucial lessons from the Great Depression of the 1930s. As a direct result of deregulated financial markets, financial crises occurred in both developed and developing economies. However, this volume argues that in the most recent crisis developing countries suffered less, and that financial policy and regulation played a crucial part in this. The contributors to this volume explore the alternative development paradigm that has been gaining credence since the Asian crisis, known as new developmentalism. New developmentalism is embodied in the f...
Towards New Developmentalism
The global financial and economic crisis starting in 2007 has provoked the exploration of alternatives to neo-liberalism. Although neo-liberalism has been critiqued from various perspectives, these critiques have not coalesced into a concrete alternative in development economics literature. The main objective of this book is to name and formulate this alternative, identify what is new about this viewpoint, and project it on to the academic landscape. This book includes contributions from many prominent development economists who are unified by a form of "developmental pragmatism". Their concern is with the problems of development that preoccupied the pioneers of economic development in the m...
Membership Based Organizations of the Poor
This highly topical volume, with contributions from leading experts in the field, explores a variety of questions about membership based organizations of the poor. Analyzing their success and failure and the internal and external factors that play a part, it uses studies from both developed and developing countries. Put together by a group of prestigious editors, the contributors address a range of questions, including: What structures and activities characterize MBOPs? What is meant by success and what factors account for success? What are the internal (governance structure and leadership) and external (policy environment) factors that account for success? Are these factors replicable acros...
Trade Infrastructure and Economic Development
As one reviewer noted, this book fills a huge void in the literature and provides a single, rich and comprehensive source for the framework to analyzing the major impediments for export sector to contribute to the development and growth of countries in Africa and other developing regions. The editors are the lead figures at the AERC.
