Advancing Development: Core Themes in Global Economics

by G. Mavrotas, A. Shorrocks

Overview

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.

Product Details

ISBN-13:	9780230019041
Publisher:	Palgrave Macmillan UK
Publication date:	01/05/2007
Series:	Studies in Development Economics and Policy
Edition description:	2007
Pages:	803
Product dimensions:	6.10(w) x 9.25(h) x 0.07(d)

About the Author

TONY ADDISON Deputy Director, UNU-WIDER, Finland C. LEIGH ANDERSON Associate Professor, Daniel J. Evans School of Public Affairs, University of Washington, USA RICHARD M. AUTY Emeritus Professor of Economic Geography, Lancaster University, UK NANCY BIRDSALL President, Centre for Global Development, USA MARK BLACKDEN Senior Operations Officer and Regional Gender Co-ordinator, Poverty Reduction and Social Development Group, World Bank, USA FRANÇOIS BOURGUIGNON Chief Economist and Senior Vice-President, World Bank, USA SUDHARSHAN CANAGARAJAH Country Economist for Tajikistan, World Bank, USA GIOVANNI ANDREA CORNIA Professor of Economics, Florence University, Italy SUKTI DASGUPTA Researcher, ILO, India ARJAN DE HAAN Visiting Professor, University of Guelph, Canada LOUIS EMMERIJ Co-Director, UN Intellectual History Project, City University of New York, USA DAVID FIELDING Lecturer and Researcher, University of Otago, New Zealand VALPY FITZGERALD Finance and Trade Policy Centre, University of Oxford, UK ÁLAVARO GARCÍA HURTADO Chile's Ambassador to Sweden, Sweden PERTTI HAAPARANTA Professor of Economics, Helsinki School of Economics, Finland MARCIA BYROM HARTWELL PhD Student, Refugee Studies Centre, University of Oxford, UK RICHARD JOLLY Honorary Professor and Research Associate, Institute of Development Studies, University of Sussex, UK NANAK KAKWANI Principal Researcher, International Poverty Centre, UNDP, Brazil STEPHAN KLASEN Professor of Development Economics and Empirical Economic Research, University of Göttingen, Germany STEPHEN KNOWLES Lecturer and Researcher, University of Otago, New Zealand GRZEGORZ W. KOLODKO Director, TIGER, Kozminski School of Business, Poland DAVID LAWSON Lecturer, Institute for Development Policy and Management, University of Manchester, UK JUSTIN YIFU LIN Peking University and Hong Kong University of Science and Technology, Hong Kong MINGXING LIU School of Government, Peking University, China NORA LUSTIG Director, Poverty Group, UNDP, USA SILVIA MARCHESI Economics Lecturer, University of Siena, Italy MARK MCGILLIVRAY Senior Research Fellow, UNU-WIDER, Finland ROBERT MCINTYRE Local Development in Transition (LdiT) and the Institute for International Economic and Political Studies, Russian Academy of Sciences, Russia LEONARDO MENCHINI Professor of Economics, Florence University, Italy S. MANSOOB MURSHED Birmingham Business School, UK E. WAYNE NAFZIGER University Distinguished Professor of Economics, Kansas State University, USA DEEPAK NAYYAR Centre for Economic Studies and Planning, Jawaharlal Nehru University, India MACHIKO NISSANKE Head of Economics Department, School of Oriental and African Studies (SOAS), University of London, UK FARHAD NOORBAKHSH Centre for Development Studies, University of Glasgow, UK SHIYUAN PAN Peking University and Zhejiang University, China GUILLERMO ROZENWURCEL Professor and Senior Researcher, School of Politics and Government, University of San Martín, Argentina LAURA SABANI Associate Professor of Economics, University of Florence, Italy MIHÁLY SIMAI Research Professor, Institute for World Economics, Hungarian Academy of Sciences, Hungary AJIT SINGH Professor of Economics, University of Cambridge, UK LAKHWINDER SINGH Economics Lecturer, Punjabi University, India HYUN H. SON International Poverty Centre, UNDP, Brazil KOSTAS STAMOULIS Chief, Agricultural Sector in Economic Development, United Nations Food and Agriculture Organization (FAO), Italy FRANCES STEWART Professor of Development Economics, University of Oxford, UK MARK SUNDBERG Lead Economist, Development Economics Department, World Bank, USA LANCE TAYLOR Arnhold Professor of International Cooperation and Development, Center for Economic Policy Analysis, New School for Social Research, USA ERIK THORBECKE H.E. Babcock Professor of Economics & Food Economics Emeritus, Cornell University, USA SEBASTIAN TORRES PhD Student in Economics, University of Leicester, UK ERIK M. USLANER Professor of Government and Politics, University of Maryland, USA HELI VIRTA Researcher, Helsinki School of Economics, Finland PENGFEI ZHANG China Centre for Economic Research, Peking University, China ANNELIES ZOOMERS Associate Professor in Human Geography, Centre for Latin American Research and Documentation, University of Amsterdam, the Netherlands

Table of Contents

Preface; G.Mavrotas & A.Shorrocks Foreword Obituary: Lal Jayawardena; A.Singh PART 1: DEVELOPMENT ECONOMICS IN RETROSPECT The Evolution of the Development Doctrine, 1950-2005; E.Thorbecke Turning Points in Development Thinking and Practice; L.Emmerij From Sees to Sen: The Meaning of Economic Development; W.Nafziger Inequality in Historical Perspective; R.Jolly PART 2: INEQUALITY AND CONFLICT Health Improvements and Health Inequality During the Last 40 Years; G.A.Cornia & L.Menchini Inequality and Corruption; E.Uslaner Indivisibility, Fairness, Farsightedness and their Implications for Security; S.M. Murshed Violence in Peace: Understanding Increased Violence in Early Post-conflict Transitions and its Implications for Development; M.B. Hartwell PART 3: HUMAN DEVELOPMENT AND WELL-BEING International Convergence or Higher Inequality in Human Development? Evidence for 1975 to 2002; F.Noorbakhsh Investing in Health for Economic Development: The Case of Mexico; N.Lustig A Wider Approach to Aid Effectiveness: Correlated Impacts on Health, Wealth, Fertility and Education; D.Fielding, M.McGillivray & S.Torres Is Social Capital Part of the Institutions Continuum and is it a Deep Determinant of Development? S.Knowles PART 4: GLOBALISATION Stormy Days on an Open Field: Asymmetries in the Global Economy; N.Birdsall A Quest for Pro-poor Globalisation; M.Nissanke & E.Thorbecke International Migration in an Era of Globalisation; A.de Haan PART 5: DEVELOPMENT FINANCE International Risk Tolerance, Capital Market Failure and Capital Flows to Emerging Markets; V.Fitzgerald Prolonged Use and Conditionality Failure: Investigating the IMF Responsibility; S.Marchesi & L.Sabani International Finance and the Developing World: The Next Twenty Years; T.Addison PART 6: GROWTH AND POVERTY Gender and Growth in Sub-Saharan Africa: Issues and Evidence; M.Blackden, S.Canagarajah, S.Klasen & D.Lawson Decomposing Growth: Do Low-income and HIPC Countries Differ from High-income Countries? P.Haaparanta & H.Virta Evaluating Targeting Efficiency of Government Programmes: International Comparisons; N.Kakwani & H. Son Innovations, High-tech Trade and Industrial Development: Theory, Evidence and Policy; L.Singh Manufacturing, Services and Premature De-industrialization in Developing Countries; S.Dasgupta & A.Singh PART 7: DEVELOPMENT STRATEGIES Why Have All Development Strategies Failed in Latin America? G.Rozenwurcel Development in Chile 1990-2005: Lessons From a Positive Experience; A.Garcia Hurtado Three Decades of Rural Development Projects in Asia, Latin America and Africa: Learning From Successes and Failures; A.Zoomers Development Strategy, Viability and Economic Institutions: The Case of China; J.Y.Lin, M.Liu, S.Pan & P.Zhang Institutions, Policies and Economic Development; G.W. Kolodko Patterns of Rent-extraction and Deployment in Developing Countries: Implications for Governance, Economic Policy and Performance; R.M. Auty Credit Co-operatives in Locally-financed Economic Development: Using Energy Efficiency as Lever; R.McIntyre PART 8: DEVELOPMENT ECONOMICS IN PROSPECT Development Through Globalisation? D.Nayyar Do we Need a New 'Great Transformation'? Is One Likely?; F. Stewart Building Absorptive Capacity to Meet the Millennium Development Goals; F.Bourguignon & M.Sundberg Applying Behavioural Economics to International Development Policy; C.L. Anderson & K.Stamoulis The Human Dimensions of the Global Development Process in the Early Part of the 21st Century: Critical Trends and New Challenges; M.Simai Development Questions for 25 Years; L.Taylor

Editorial Reviews

'The impressively broad range of issues in global economics that are covered in this volume bring out not only the diversity of problems that are all quite important for development in the contemporary world, but also the fact, in which there is reason to take some pride, that WIDER, as a new institute of research, has been able to contribute substantially to such a variety of fields, informed by a good understanding of the need for coverage as well as quality.' - From the Foreword by Amartya Sen

'Contains excellent essays on the dynamics of economic development ... The vastness of this book's coverage makes it impossible to do justice to its contents the book is an excellent survey of the thinking on development.' - S.L. Rao, The Hindu

From the Publisher