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Death strikes England's foremost novelist, his latest tale only half told. Was he murdered because someone feared a ruinous revelation? Or was he repaid in deadly coin for some past misdeed? Set in the Kent countryside and London slums of 1870, 'The Last Chapter' embeds an original denouement to the most celebrated, unsolved mystery in fiction within the evolving and ultimately tragic consequences of the author's double life. Believing Charles Dickens was poisoned to prevent him completing 'The Mystery of Edwin Drood', Dunston Burnett, the author's nephew, scours the half-finished manuscript in search of pointers as to how the story might unfold and whom it might threaten. Knowing the writer...
This important book tackles some of the main security challenges facing the international development community today. Containing contributions by leading experts, including some who have been at the centre of the international policy debate, it goes further by putting forward suggestions and recommendations as to how best deal with these threats as well as challenges in this crucial area.
The contributors argue that there need not be a trade-off between growth and equity in the long run. However, attempts by government to influence income distribution through large-scale tax and transfer programs can have a negative impact on growth. The contrast is vivid. While the majority of people in the industrial world and some in the developing world enjoy unprecedented affluence, a far greater number of people in the low-income countries live in abject poverty. Although several developing countries are achieving rapid economic growth and poverty reduction, most formerly centrally planned countries are struggling to implement market-oriented reforms in the midst of economic deteriorati...
Most of the world's people live in "developing" economies, as do most of the world's poor. The predominant means of economic development is economic growth. In this book Gary Fields asks to what extent and in what circumstances economic growth improves the material standard of living of a country's people. Most development economists agree that economic growth raises the incomes of people in all parts of the income distribution and lowers the poverty rate. At the same time, some groups lose out because of changes accompanying economic growth. Fields examines these beliefs, asking what variables should be measured to determine whether progress is being made and what policies and circumstances cause some countries to do better than others. He also shows how the same data can be interpreted to reach different, even conflicting, conclusions. Using both theoretical and empirical approaches, Fields defines and examines inequality, poverty, income mobility, and economic well-being. Finally, he considers various policies for broad-based growth. Copublished with the Russell Sage Foundation.
Chennamaneni H. Hanumantha Rao, b. 1929, Indian economist; revised version of papers presented at a seminar held at Hyderabad, during 16-17 November 2004.
Afterword: Middle East Studies for the New Millennium: Infrastructures of Knowledge -- Appendix: Producing Knowledge on World Regions: Overview of Data Collection and Project Methodology, 2000-Present -- About the Contributors -- Index
Although theoretical models make distinct predictions about the relationship between financial sector development and income inequality, little empirical research has been conducted to compare their relative explanatory power. Clarke, Xu, and Zou examine the relation between financial intermediary development and income inequality in a panel data set of 91 countries for the period 1960-95. Their results provide evidence that inequality decreases as economies develop their financial intermediaries, consistent with the theoretical models in Galor and Zeira (1993) and Banerjee and Newman (1993). Moreover, consistent with the insight of Kuznets, the relation between the Gini coefficient and fina...
Refer a critical discussion of the content in this book by Martin Ravallon in 'Economic and Political Weekly'. Vol. 37, 46, 2002. pp. 4638-4645.
What new directions will development take in the next century? A distinguished group of experts on economic development debated this question in late 1996. Their views of the emerging development consensus are presented in Economic and Social Development into the XXI Century. The authors give special attention to developing countries in Latin America and East Asia. Analyzing the growth of certain East Asian economies, they ask what can be emulated: state-engineered industrial policies? an export push? better initial income distribution? fiscal incentives to promote corporate growth? the region's successful land reform efforts, or the commitment to better education? While agreeing that equity is a major determinant of economic success, they differ regarding how to achieve it.