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Governance, Development and Growth critically evaluates conventional ideas about governance and development , highlighting that while good governance is a worthy goal by itself, it is not a prerequisite for economic growth or development as the donor community commonly believes.
This book, co-published with the UN's Dept of Economic and Social Affairs, offers a critical appraisal of the conventional measures and analysis of poverty as well as of poverty reduction policies. It is available as open access through the Bloomsbury Open Access programme and is available on bloomsburycollections.com. Despite greater efforts in reducing poverty since the early 1980s, poverty remains stubbornly high in many parts of the world. This collection argues that the mainstream perspectives on poverty and deprivation have contributed to considerable distortion and misunderstanding and that is not unrelated to ineffectual policy perscriptions. In particular it highlights the World Bank's dollar-a-day measure of poverty and exposes the inadequacies of Bretton Woods-inspired poverty reduction programmes.
This volume provides a critique of the post-Washington Concensus in neoliberal economics.
This book traces the developnment of trade unions in Peninsular Malaysia over the last century from colonial times to the early 1990's, stressing the key role of the state in shaping the role and nature of organized labour during various time periods. Trade unions were not allowed in BritishMalaya before 1940. After the Japanese Occupation, organized labour was effectively mobilized by the left, and contributed significantly to the anti-colonial struggle for Independence. However, from 1948 severe repression directed against the left brought an abrupt end to this development. Fromthe early 1950's, the colonial authorities sought to wean support from the communist-led insurgency by encouragin...
The 1944 Bretton Woods conference created new institutions for international economic governance. Though flawed, the system led to a golden age in postwar reconstruction, sustained economic growth, job creation, and postcolonial development. Yet financial liberalization since the 1970s has involved deregulation and globalization, which have exacerbated instability, rather than sustained growth. In addition, the failure of Bretton Woods to provide a reserve currency enabled the dollar to fill the void, which has contributed to periodic, massive U.S. trade deficits. Our latest global financial crisis, in which all these weaknesses played a part, underscores how urgently we must reform the inte...
This is the first book to look at labor in Malaysian services, and also the first to use the labor market segmentation approach to study Malaysian labor. As in most other countries, the services sector has long accounted for more of the labor force than manufacturing in Malaysia. Studies of those working in services in developing countries have tended to focus on the public sector and, in recent decades, the informal sector. This study of workers in services also covers those in private enterprises, both modern (e.g. financial services) and traditional (e.g. transportation services). This study also looks more generally at Malaysian labor market segmentation, especially at ethnicity and gender. Of particular importance are the impact of structural change in the economy and the interaction between these processes and the labor market on job and pay opportunities.
The concepts of rents and rent-seeking are central to any discussion of the processes of economic development. Yet conventional models of rent-seeking are unable to explain how it can drive decades of rapid growth in some countries, and at other times be associated with spectacular economic crises. This book argues that the rent-seeking framework has to be radically extended by incorporating insights developed by political scientists, institutional economists and political economists if it is to explain the anomalous role played by rent-seeking in Asian countries. It includes detailed analysis of Thailand, Malaysia, the Philippines, the Indian sub-continent, Indonesia and South Korea. This new critical and multidisciplinary approach has important policy implications for the debates over institutional reform in developing countries. It brings together leading international scholars in economics and political science, and will be of great interest to readers in the social sciences and Asian studies in general.