Contemporary Economic Issues In Developing Countries

Important lessons for policy makers are provided here as contributors evaluate the effectiveness of domestic economic policies and the recommendations of international organizations such as the World Bank regarding the economic development of developing countries. Challenges posed by debt problems, corruption, population dynamics, poverty, and the absence of adequate human and physical capital are highlighted. Contributors cast doubts on the conclusions of the prevailing theories of economic development with patterns of economic change over the course of the 20th century. Their findings point out the issue of inadequate social capability as a critical factor in understanding the lack of economic development in many developing countries. They suggest that contemporary theorizing tends to pinpoint necessary but insufficient conditions for the successful implementation of development strategies in these countries.

This brand new collection of articles looks at both traditional concerns in economic development such as aid, debt and the role of the IMF, but also at gender, brain drain, military expenditure and postcolonial theory.

This IEA volume brings together a set of essays written by leading authors on themes relevant to the study of economic development. The book covers a range of topics many of which are relevant to policy issues. The contributors bring new insights from empirical research in a range of economies with chapters including discussions of the UN development agenda, fiscal policy in Latin America, poverty data in Africa and Jordan, and monetary policy in South Africa. Contemporary Issues in Development Economics is an essential read for researchers, scholars and policymakers interested in economic development in low- and middle-income countries.

An overview of many currently topical issues around food and agriculture, with particular emphasis on their implications for development. These include Nobel Laureate Robert Fogel's discussion of nutritional standards and the implications of new theories of evolution in assessing the extent of malnutrition. Historical analysis informs contemporary surveys, including Yair Mundlak's comparison of the postwar record of 130 countries in agricultural technology and outputs. The important implications of labour markets, income distributions and the impact of welfare states on these issues are considered by a number of papers. The contributors include many leading academics from North America, Europe, Africa, Australia and Israel.

Development economics, development theory, economic theory, study of different types of developing countries at different stages of economic development - covers economic policy, population growth, poverty, dual economy, economic structure, agricultural market expansion, wage policy for mines and plantation workers, migrant workers, input output, banking, investments, trade, monetary policy, disguised unemployment and underemployment. References.

To capitalise on the new international resolve epitomised by COP21 and the agreement on the universal Sustainable Development Goals (SDGs) requires a renewed effort to promote new policy thinking and new approaches to the great challenges ahead. Responding to new challenges means we have to adopt more ambitious frameworks, design more effective tools, and propose more precise policies that will take account of the complex and multidimensional nature of the challenges. The goal is to develop a better sense of how economies really work and to articulate strategies which reflect this understanding. The OECD’s New Approaches to Economic Challenges (NAEC) exercise challenges our assumptions and our understanding about the workings of the economy. This collection from OECD Insights summarises opinions from inside and outside the Organisation on how NAEC can contribute to achieving the SDGs, and describes how the OECD is placing its statistical, monitoring and analytical capacities at the service of the international community. The authors also consider the transformation of the world economy that will be needed and the long-term “tectonic shifts” that are affecting people, the planet, global productivity, and institutions.

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.