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The Innovation Paradox
Since Schumpeter, economists have argued that vast productivity gains can be achieved by investing in innovation and technological catch-up. Yet, as this volume documents, developing country firms and governments invest little to realize this potential, which dwarfs international aid flows. Using new data and original analytics, the authors uncover the key to this innovation paradox in the lack of complementary physical and human capital factors, particularly firm managerial capabilities, that are needed to reap the returns to innovation investments. Hence, countries need to rebalance policy away from R and D-centered initiatives †“ which are likely to fail in the absence of sophisticate...
Informality
Analyzes informality in Latin America, exploring root causes and reasons for and implications of its growth. This book uses two distinct but complementary lenses. It concludes that reducing informality levels and overcoming the "culture of informality" will require actions to increase aggregate productivity in the economy.
Interest Group Politics in Europe
Interest organizations have always assumed a prominent place in European politics because they link states with citizens, institutionalize the resolution of social conflicts, regulate important sectors of the economy and society, contribute to workable policy outcomes and socialize members into democratic politics. However, the plethora of interest group studies that exist have not consolidated our understanding of these actors. These analyses have been subject to the vagaries of different theoretical perspectives and vary greatly in their conceptual and methodological frameworks. Consequently, a not always complementary and fragmented series of findings has emerged. This book is a systemati...
Natural Resources, Neither Curse nor Destiny
'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but also how firms and workers produce any good.
Hearings
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Productivity Revisited
Productivity has again moved to center stage in two critical academic and policy debates: the slowing of global growth amid spectacular technological advances, and developing countries’ frustratingly slow progress in catching up to the technological frontier. Productivity Revisited brings together the new conceptual advances of 'second-wave' productivity analysis that have revolutionized the study of productivity, calling much previous analysis into question while providing a new set of tools for approaching these debates. The book extends this analysis and, using unique data sets from multiple developing countries, grounds it in the developing-country context. It calls for rebalancing awa...
The Young and Restless Life of William J. Bell
Story of the man who created and produced the legendary soap opera, The Young and the Restless.
The Protest Business?
The central concern of this study is to examine why people choose to join campaigning groups, such as Friends of the Earth or Amnesty, in preference to political parties. Particular emphasis, however, is given to environmental campaign groups. Environmental issues gained increasing political importance in the 1980s, and the environment is subsequently mentioned in almost every policy development. There is now a high level of public interest in dozens of environmental pressure groups. In this new study of two of the best known campaigning groups Grant Jordan and William Maloney ask: why do people choose to join Friends of the Earth or Amnesty International? Who joins? How are they targeted? Why do some leave? Drawing on mainly British and American sources, the authors discuss the significance of the two groups for democracy, and comment on the current commitment of the public to campaigning.
The Market Masters
Twenty leading money minds reveal how to prosper in today's volatile markets What strategies have made Wall Street's top investors so successful? What are their biggest mistakes and proudest accomplishments? How do they invest their own money? And what are the keys to finding the best stocks and bonds? This enlightening book features one-on-one interviews with 20 of the world's leading mutual fund managers representing a variety of different styles-from growth gurus, value masters, bond wizards, and international globetrotters to specialists in such market sectors as technology, healthcare, financial services, and real estate. All have demonstrated track records that consistently outperform ...
