Development Policy In The Twenty First Century

This excellent book, newly available in paperback, addresses the growing dissatisfaction with the neo-liberal post-Washington consensus. The concern of the contributors in writing this collection was that this consensus has established itself as a new orthodoxy, more powerful and widespread than its predecessor. This broad-ranging critique explains that without a much broader political economy the consensus is unlikely to provide a coherent framework for successful development policies. Development Policy in the 21st Century is unique in its depth and assesses the postures of the new consensus topic by topic, whilst posing strong alternatives. It will improve and stimulate the reader's understanding of this important area, and is required reading for any student, academic or interested reader that wishes to understand one of the most important issues in international economics.

Development Economics has been identified as a homogeneous body of theory since the 1950s, concerned both with the study of development issues and with the shaping of more effective policies for less advanced economies. Development Economics in the Twenty-First Century brings together an international contributor team in order to explore the origins and evolution of development economics. This book highlights the different elements of ‘high development theory’ through a precise reconstruction of the different theoretical approaches that developed between the 1950s and the 1970s. These include the theory of balanced and unbalanced growth theory, the debate on international trade, the concept of dualism, dependency theory, structuralism and the analysis of poverty and institutions. The chapters highlight the relevance and usefulness of these analyses for the contemporary theoretical debate on development issues. Comparative perspectives are explored and analysed, including those of Keynes, Hirschman, Krugman and Stiglitz. The chapters situate development economics within current debates among economists and historians of economic thought, providing a platform for future research. This book is suitable for researchers and students with an interest in Development Economics, the History of Economic development and the Economics of Developing Countries.

This book explores the scope of reforms and changes in the social protection systems in Latin America that have started at the beginning of the 21st century. It describes how and to what extent changes in social protection systems and social policies have occurred in the region in recent decades. Taking a comparative approach, the volume identifies the triggers for the transformations and how such pressures are received by the welfare regime, or a specific policy sector, to finally yield a given type of reform. The analysis is characterized by the presence of certain factors that explain the development of social protection systems in Latin America, such as economic growth, the consolidation of democratic political regimes, and the region’s Left Turns. The book also examines to what extent common challenges and processes induced by international institutions have led to convergence among countries or welfare regimes, or whether each maintains its own identity.

"A study prepared by the World Institute for Development Economics Research of the United Nations University (UNU-WIDER), Maastricht Economic and Social Research Institute on Innovation and Technology of the United Nations University (UNU-MERIT), and the United Nations Industrial Development Organization (UNIDO)."

This book addresses new challenges of development in the 21st century. Issues connected with globalization, political challenges, entrepreneurship, institutional design, clean energy, health service, gender in developing regions are analyzed. All those issues refer to developing countries in Asia, Africa, Latin America, Central and Eastern Europe.

This book uses lessons from history to help African countries take charge of their own economic development agenda. History is an important part of Africa’s economic development narrative, and Ocran investigates how the development outcomes between Africa and Western Europe became so divergent when in the early medieval period average income levels and economic development in the two regions differed only marginally. The sixteenth century marked a turning point, with the emergence of Western European mercantilism and capitalism and their associated exploitation of other countries. In understanding Africa’s economic development, it is crucial to recognise that Africa has not always been poor. Examining 400 years of enslavement and colonisation, this book takes us to present day Africa and economic issues affecting the continent. With selected case studies from Hong Kong, Taiwan, and Singapore to South Korea and China, Ocran proposes ways to break out of the economic development quandary Africa currently faces.

Providing new insight into the provision of education, health and security in the 21st century, this title looks at social policy from an interdisciplinary perspective, combining approaches from social and political theory, international relations, economics and psychology.

This publication considers common concerns of developing countries in the search for sustainable development and growth such as globalisation, democracy, poverty and inequality, while also emphasising special regional needs. It contains a number of papers which discuss four key shared concerns: to what extent should states intervene in the market in order to promote growth; how much emphasis should development strategies put on deliberate redistribution and/or poverty alleviation; the impact of globalisation on developing countries in choosing their development paths; and whether democracies are able to reconcile economic growth with distribution.