Limited Access Orders in the Developing World a New Approach to the Problems of Development

Limited Access Orders in the Developing World  a New Approach to the Problems of Development
Author: Douglass C. North
Publsiher: World Bank Publications
Total Pages: 50
Release: 2007
Genre: Electronic Book
ISBN: 9182736450XXX

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Limited Access Orders in the Developing World

Limited Access Orders in the Developing World
Author: Douglass C. North,John Joseph Wallis,Steven B. Webb
Publsiher: Unknown
Total Pages: 135
Release: 2012
Genre: Electronic Book
ISBN: OCLC:931670320

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The upper-income, advanced industrial countries of the world today all have market economies with open competition, competitive multi-party democratic political systems, and a secure government monopoly over violence. Such open access orders, however, are not the only norm and equilibrium type of society. The middle and low-income developing countries today, like all countries before about 1800, can be understood as limited access orders that maintain their equilibrium in a fundamentally different way. In limited access orders, the state does not have a secure monopoly on violence, and society organizes itself to control violence among the elite factions. A common feature of limited access orders is that political elites divide up control of the economy, each getting some share of the rents. Since outbreaks of violence reduce the rents, the elite factions have incentives to be peaceable most of the time. Adequate stability of the rents and thus of the social order requires limiting access and competition-hence a social order with a fundamentally different logic than the open access order. This paper lays out such a framework and explores some of its implications for the problems of development today.

Limited Access Orders in the Developing World a New Approach to the Problems of Development

Limited Access Orders in the Developing World  a New Approach to the Problems of Development
Author: Douglass C. North
Publsiher: World Bank Publications
Total Pages: 50
Release: 2007
Genre: Collective
ISBN: 9182736450XXX

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Abstract: The upper-income, advanced industrial countries of the world today all have market economies with open competition, competitive multi-party democratic political systems, and a secure government monopoly over violence. Such open access orders, however, are not the only norm and equilibrium type of society. The middle and low-income developing countries today, like all countries before about 1800, can be understood as limited access orders that maintain their equilibrium in a fundamentally different way. In limited access orders, the state does not have a secure monopoly on violence, and society organizes itself to control violence among the elite factions. A common feature of limited access orders is that political elites divide up control of the economy, each getting some share of the rents. Since outbreaks of violence reduce the rents, the elite factions have incentives to be peaceable most of the time. Adequate stability of the rents and thus of the social order requires limiting access and competition-hence a social order with a fundamentally different logic than the open access order. This paper lays out such a framework and explores some of its implications for the problems of development today.

Violence and Social Orders

Violence and Social Orders
Author: Douglass Cecil North,John Joseph Wallis,Barry R. Weingast
Publsiher: Cambridge University Press
Total Pages: 345
Release: 2009-02-26
Genre: Business & Economics
ISBN: 9780521761734

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This book integrates the problem of violence into a larger framework, showing how economic and political behavior are closely linked.

Global Trends 2040

Global Trends 2040
Author: National Intelligence Council
Publsiher: Cosimo Reports
Total Pages: 158
Release: 2021-03
Genre: Electronic Book
ISBN: 1646794974

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"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

In the Shadow of Violence

In the Shadow of Violence
Author: Douglass C. North,John Joseph Wallis,Steven B. Webb,Barry R. Weingast
Publsiher: Cambridge University Press
Total Pages: 377
Release: 2013
Genre: Business & Economics
ISBN: 9781107014213

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This book explains how political control of economic privileges is used to limit violence and coordinate coalitions of powerful organizations.

Beyond Dependency

Beyond Dependency
Author: Guy F. Erb,Valeriana Kallab
Publsiher: New York : Praeger Publishers
Total Pages: 264
Release: 1975
Genre: Business & Economics
ISBN: STANFORD:36105036386436

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Compilation of articles presenting the views of developing countries concerning the future development of the world economic system, economic relations and international relations - discusses topics such as self reliance and interdependence, critical political problem areas such as the role of multinational enterprise and foreign investment, population policy, international monetary reform, multilateral aid, the role of UN, the world balance of political power, etc. References.

From Keynes to Piketty

From Keynes to Piketty
Author: Peter de Haan
Publsiher: Springer
Total Pages: 530
Release: 2016-04-25
Genre: Business & Economics
ISBN: 9781137600028

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From Keynes to Piketty provides the reader with an accessible and entertaining insight into the development of economic thought over the past century. Starting with John Maynard Keynes's bestseller, The Economic Consequences of Peace (1919), and ending with Thomas Piketty's blockbuster, Capital in the Twenty First Century (2014), the author explains which dramatic political and economic events changed the way economists interpreted these events, and how they revolutionized the economic science. The book contains biographies of Keynes, Schumpeter, Galbraith, Hayek, Friedman, Hirschman, North, and Piketty, alongside others, and highlights their extraordinary lives and works, anecdotes about them, and their often sharp differences of opinion. Extensive summaries of their main works provide the interested scholar and student with an accurate presentation of their contents. A must-read for all those who wonder what happened to economics during the past century, and why.