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This collection of essays honors a remarkable man and his work. Erik Thorbecke has made significant contributions to the microeconomic and the macroeconomic analysis of poverty, inequality and development, ranging from theory to empirics and policy. The essays in this volume display the same range. As a collection they make the fundamental point that deep understanding of these phenomena requires both the micro and the macro perspectives together, utilizing the strengths of each but also the special insights that come when the two are linked together. After an overview section which contains the introductory chapter and a chapter examining the historical roots of Erik Thorbecke's motivations...
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.
"The rise in global conflict, dramatic technological breakthroughs, and the floundering of traditional law and economics has precipitated a reexamination of the fundamentals of law and economics. This volume focuses on the new challenges arising from globalization, technological advance, and the social and political conflicts to which they give rise. Its contributors mull over the challenges of this new world and how we can steer a course giving individuals the space and freedom to work, innovate, earn, profit and prosper, and the state the wisdom to regulate and ensure that conflicts do not occur, externalities are managed, and some are not marginalized and impoverished, while others accumulate and prosper."--Provided by publisher.
This book examines the various channels and transmission mechanisms, such as greater openness to trade and foreign investment, economic growth, effects on income distribution, technology transfer and labour migration through which the process of globalization affects different dimensions of poverty in the developing world.
This landmark textbook introduces students to the principles of regional science and focuses on the key methods used in regional analysis, including regional and interregional input-output analysis, econometrics (regional and spatial), programming and industrial and urban complex analysis, gravity and spatial interaction models, SAM and social accounting (welfare) analysis and applied general interregional equilibrium models. The coherent development of the materials contained in the set of chapters provides students with a comprehensive background and understanding of how to investigate key regional problems. For the research scholar, this publication constitutes an up-to-date source book of the basic elements of each major regional science technique. More significant, it points to new directions for future research and ways interregional and regional analytic approaches can be fused to realise much more probing attacks on regional and spatial problems - a contribution far beyond what is available in the literature.
With representatives from different disciplines stressing the central importance of freedom in analyzing poverty and emphasizing some important policy issues, this book offers a view of poverty that will orient research in directions previously neglected, and help those in charge of implementing poverty reduction policies.
Pierre-Richard Agenor's pioneering work on Integrated Macroeconomics Models for Poverty Analysis (IMMPA) is cataloged for the first time in this must-read volume. A class of dynamic computable general equilibrium models, IMMPA models are designed to analyze the impact of adjustment policies on unemployment and poverty in the developing world. Including both papers originally circulated through the World Bank, as well as new material that places this important work in its larger context, Adjustment Policies, Poverty, and Unemployment details the history and uses of these models to date, as well as pointing to future developments for their utilization.
This volume examines the evolution of poverty in the course of economic development and how to improve governance and institutions to realize inclusive development in sub-Saharan Africa.
This Handbook responds to the needs and aspirations of current and future generations of development economists by providing critical reference material alongside or in relation to mainstream propositions. Despite the potential of globalisation in accelerating growth and development in low and middle-income countries through the spread of technology, knowledge and information, its current practice in many parts of the world has led to processes that are socially, economically and politically and ecologically unsustainable. It is critical for development economists to engage with the pivotal question of how to change the nature and course of globalisation to make it work for inclusive and sus...
Paul Streeten is recognised as one of the profession's most eminent authorities on economic development. In these lectures he provides a major statement on his approach to the development problem, stressing that human development, not simply income growth, should be the focus of all strategies to eradicate hunger and poverty in the world. His argument assigns an important role to reformed government - both in providing social services and in facilitating the functioning of markets - in opposition to the prevailing idea that minimal government is more often than not the optimal solution. The role of small and larger firms, institutions, central and local government is also carefully examined. Streeten outlines a normative political economy - how to mobilise reformist alliances, how to use interest group, how to harness coalition - in the pursuit of effective development.