Search results for: the-poverty-of-nations

The Poverty of Nations

Author : Spicker, Paul
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In this persuasive study, social welfare and policy expert Paul Spicker makes a case for a relational view of poverty. Poverty is much more than a lack of resources. It involves a complex set of social relationships, such as economic disadvantage, insecurity or a lack of rights. These relational elements tell us what poverty is – what it consists of, what poor people are experiencing, and what problems need to be addressed. This book examines poverty in the context of the economy, society and the political community, considering how states can respond to issues of inequality, exclusion and powerlessness. Drawing on examples of social policy in both rich and poor countries, this is an accessible contribution to the debate about the nature of poverty and responses to it.

Wealth And Poverty Of Nations

Author : David S. Landes
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The history of nations is a history of haves and have-nots, and as we approach the millennium, the gap between rich and poor countries is widening. In this engrossing and important new work, eminent historian David Landes explores the complex, fascinating and often startling causes of the wealth and poverty of nations. The answers are found not only in the large forces at work in economies: geography, religion, the broad swings of politics, but also in the small surprising details. In Europe, the invention of spectacles doubled the working life of skilled craftsmen, and played a prominent role in the creation of articulated machines, and in China, the failure to adopt the clock fundamentally hindered economic development. The relief of poverty is vital to the survival of us all. As David Landes brilliantly shows, the key to future success lies in understanding the lessons the past has to teach us - lessons uniquely imparted in this groundbreaking and vital book which exemplifies narrative history at its best.

The Poverty of Nations

Author : Barry Asmus
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We can win the fight against global poverty. Combining penetrating economic analysis with insightful theological reflection, this book sketches a comprehensive plan for increasing wealth and protecting stability at a national level.

The Poverty of Nations

Author : Gilbert Goodman
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Solomon s Knot

Author : Robert D. Cooter
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Sustained growth depends on innovation, whether it's cutting-edge software from Silicon Valley, an improved assembly line in Sichuan, or a new export market for Swaziland's leather. Developing a new idea requires money, which poses a problem of trust. The innovator must trust the investor with his idea and the investor must trust the innovator with her money. Robert Cooter and Hans-Bernd Schäfer call this the "double trust dilemma of development." Nowhere is this problem more acute than in poorer nations, where the failure to solve it results in stagnant economies. In Solomon's Knot, Cooter and Schäfer propose a legal theory of economic growth that details how effective property, contract, and business laws help to unite capital and ideas. They also demonstrate why ineffective private and business laws are the root cause of the poverty of nations in today's world. Without the legal institutions that allow innovation and entrepreneurship to thrive, other attempts to spur economic growth are destined to fail.

The Poverty of Nations

Author : V. V. Chari
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We document regularities in the distribution of relative incomes and patterns of investment in countries and over time. We develop a quantitative version of the neoclassical growth model with a broad measure of capital in which investment decisions are affected by distortions. These distortions follow a stochastic process which is common to all countries. Our model generates a panel of outcomes which we compare to the data. In both the model and the data, there is greater mobility in relative incomes in the middle of the income distribution than at the extremes. The 10 fastest growing countries and the 10 slowest growing countries in the model have growth rates and investment-output ratios similar to those in the data. In both the model and the data, the `miracle' countries have nonmonotonic investment-output ratios over time. The main quantitative discrepancy between the model and the data is that there is more persistence in growth rates of relative incomes in the model than in the data.

The Poverty of Nations

Author : Elmar Altvater
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The Wealth and Poverty of Nations Why Some Are So Rich and Some So Poor

Author : David S. Landes
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"Readers cannot but be provoked and stimulated by this splendidly iconoclastic and refreshing book." —Andrew Porter, New York Times Book Review The Wealth and Poverty of Nations is David S. Landes's acclaimed, best-selling exploration of one of the most contentious and hotly debated questions of our time: Why do some nations achieve economic success while others remain mired in poverty? The answer, as Landes definitively illustrates, is a complex interplay of cultural mores and historical circumstance. Rich with anecdotal evidence, piercing analysis, and a truly astonishing range of erudition, The Wealth and Poverty of Nations is a "picture of enormous sweep and brilliant insight" (Kenneth Arrow) as well as one of the most audaciously ambitious works of history in decades.

The Battle for Justice and the Poverty of Nations

Author : Ben E. Aigbokhan
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Asian Drama an Inquiry Into the Poverty of Nations

Author : Gunnar Myrdal
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Economic Gangsters

Author : Raymond Fisman
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"Economic Gangsters" is a fascinating exploration of the dark side of economic development. Two of the world's most creative young economists use their remarkable talents for economic sleuthing to study violence, corruption, and poverty in the most unexpected ways--Steven D. Levitt, coauthor of "Freakonomics."

Asian Drama

Author : Gunnar Myrdal
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Masters of Illusion

Author : Catherine Caufield
File Size : 71.63 MB
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This is a history of the World Bank, which was set up in 1945 with the pledge to narrow the gap between the First and Third Worlds, but which has done nothing of the sort. The author argues that the Bank's bureaucrats, insulated from public scrutiny, are guilty of overlooking the human equation.

Trade Liberalisation and the Poverty of Nations

Author : A. P. Thirlwall
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This is a meticulously researched and well written book on a subject of immense contemporary academic and policy interest. Prema-chandra Athukorala, Journal of Development Studies The book is a valuable contribution to the analysis of the links between trade liberalisation, poverty and inequality . . . The book is a coherent piece of work offering an abundance of well-researched and argued information, effectively establishing it as a notable contribution to the investigation and understanding of this very important field. Therefore this book is highly recommended as an important publication for everyone interested in this field as it is a powerful guide to the complex questions that emerge when dealing with the issues of trade liberalisation and poverty elimination at international level. Marios Koutsias, International Trade Law and Regulation Thirlwall and Pacheco-López s book makes its contribution by serving as a clearly written synthesis of a diversity of literatures on trade liberalization and its impacts on growth, inequality and wages, and poverty. . . . the book is an excellent one. It should be a required reading companion to any graduate-level trade course. Kevin P. Gallagher, Journal of Human Development and Capabilities This book breaks out of the standard distinction between free trade and protectionism , and shows how to think constructively about trade policy as an instrument of national economic strategy. It is highly recommended for those who wish to think beyond orthodoxy, and especially for those in developing countries who wish to influence negotiations with developed countries and western-based international organisations. Robert Wade, London School of Economics, UK This is a gem of a book. Based on deep understanding of diverse economic theories and empirical evidence, it offers us a succinct but highly informative overview of the controversies surrounding the impact of trade policy on growth, inequality, and macroeconomics. Ha-Joon Chang, University of Cambridge, UK, and author of Kicking Away the Ladder, and Bad Samaritans Free-trade fundamentalism is gradually making way for a more nuanced and historically well-informed understanding of the role that trade policy plays in economic development. Thirlwall and Pacheco-López provide an excellent review of the relevant literature as well as a sophisticated critique of the earlier, simplistic views. As they explain, it is the details the timing, sequencing, and context that determine whether liberalization will succeed. Dani Rodrik, Harvard University, US This book will infuriate the free trade ultras who believe that liberalisation is the answer to every problem and a good thing too. The real world, as Thirlwall and Pacheco-López show clearly and vividly, is different from the world of theoretical models so beloved by today s economic orthodoxy, and they take delight in tweaking the noses of the Washington consensus. History suggests they are right to argue that managed trade is better for developing countries than swallowing large doses of free-trade medicine. Larry Elliott, The Guardian Orthodox trade and growth theory, and the world s multilateral development institutions, extol the virtues of trade liberalisation and free trade for more rapid economic development of poor countries. However, the contemporary reality and history seem to tell a different story. The world economy has experienced an unprecedented period of trade liberalisation in the last thirty years, and yet international and global inequality is widening; domestic poverty (outside of China) is increasing; poor countries exports have grown more slowly than their imports leading to balance of payments crises, and the so-called globalising economies of the world (excluding China and India) have fared no better, and in some cases worse, than those countries that have not liberalised so extensively. This book argues that orthodox theory is based on many unreal assumptions,

The Wealth of the World and the Poverty of Nations

Author : Daniel Cohen
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"Globalization" has become a loaded term. Should we in the West believe, literally, that trade with poor nations can be blamed for our "impoverishment"? In this book, Daniel Cohen claims that there is practically no foundation for such an alarmist position. We need to reverse the commonly held view that globalization has caused today's insecure labor market. On the contrary, Cohen argues, our own propensity for transforming the nature of work has created a niche for globalization and given it an ominous aspect, causing some to reject it. Such errors in analysis must not persist; as Cohen says, the stakes are too high.

Can the Cost of Education Explain the Poverty of Nations

Author : Pedro Cavalcanti Ferreira
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The Poverty of Nations

Author : Robert J. Tata
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This study explores the status and trends in human well-being as it varies worldwide. Human well-being comes from a nation’s physical, social, economic, and political macro systems. A metric of descriptive statistics is built for each, and then aggregated into one metric to gauge the level in each nation.

Sovereign Finance and the Poverty of Nations

Author : Yvonne Wong
File Size : 40.92 MB
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''Yvonne Wong''s book is one of the best treatments of the Odious Debt problem in the literature. It is thorough, balanced and yet manages to be creative. I have already used an early version in my International Debt class and the discussions that were generated were excellent. For anyone seeking to tackle this age old problem, I highly recommend this book.'' Mitu Gulati, Duke University, US''With some excellent historical research and important analysis of "odious debt" accumulation and sovereign debt restructuring mechanisms in modern times, this book is placing the issue of "odious debt" at the heart of International law. Thus, it will prove an indispensable companion to any scholar or policy-maker who wishes to gain a multi-prismatic understanding of "odious debt" illegality and its implications for the welfare of entire nations.'' Emilios Avgouleas, University of Edinburgh, UK''Whenever a strict application of the law produces a result that is at variance with a general sense of what is morally right, trouble is surely in the offing. This is the central thesis of Yvonne Wong''s Sovereign Finance and the Poverty of Nations. When is it legally permissible, when is it ethically acceptable, for a sovereign borrower to disavow a debt incurred in the name of the sovereign state, but not for its (or its citizens'') benefit? And if debts incurred by unscrupulous politicians in one era can be disowned by their successors later on under gauzy notions of "illegitimacy" or "odiousness", what will prevent future unscrupulous politicians from casually dishonoring sovereign obligations that they would just prefer not to pay? These are deep waters, legally and morally. Wong has given us a fascinating insight into one of the most disquieting issues in international financial law.'' Lee C. Buchheit, Cleary Gottlieb Steen & Hamilton LLP, US''This book provides a very valuable contribution to the discussion about odious debts in that it, quite successfully, structures the often rather elusive argumentation. By developing a new and stringent approach to the emergence of a valid legal concept of odious debts, the author presents a fresh perspective to its underlying evaluations and allows, thus, a re-consideration of the need for effective rules in this context. This book will certainly influence fundamentally the future debate of odious debts.'' Christoph G. Paulus, Humboldt-Universitat zu Berlin, Germany''Saddam Hussein was overthrown and executed, but his successors to power are still liable for the debts that he contracted for the nation. Odious regimes can create debts without consent or benefit of their citizens who must subsequently repay them. This fact puzzles both international law specialists and intellectuals who read magazines like The Economist. Theresult seems wrong, but the right solution is elusive. Yvonne Wong''s important and timely book solves some of the puzzles by using methods and theories from international law, economics, and political science. It explains the law and politics inherent in sovereign debt arrangements, and proposes a new legal framework for odious debt.'' From the foreword by Robert CooterNational debts incurred by illegitimate regimes against the best interests of the citizens is a serious problem of international economics and politics. These sovereign debts, often referred to as odious debts, deplete the public purse and create an ongoing financial liability that serves to constrain investment and economic growth, and conspires to keep millions in poverty. This important and timely book explains the legal principles and politics involved in the issue of odious debts, and sovereign debt arrangements more generally. The author goes beyond abstract arguments and proposes legal rules and international regulation that should be put in place to create the right incentives to stop the transmission of odious debts. Her proposal is for a registration scheme for sovereign debt, and the imposition of positive duties on financiers who provide loans to sovereign borrowers.Sovereign Finance and the Poverty of Nations will appeal to students, academics, debtactivists, policymakers, international finance practitioners and anyone with a general interest in sovereign finance affairs.

Development Economics

Author : Yujiro Hayami
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Presbyterian minister John Witherspoon was a key figure, politically and religiously, in the formative years of the United States. In this fresh account of Witherspoon's thought, L. Gordon Tait focuses on Witherspoon's piety--the way Witherspoon believed that the Christian faith should take visible and practical form in ministry, politics, and everyday obedience and devotion.The Piety of John Witherspoonis filled with photographs from Witherspoon's life, and Tait's comprehensive treatment of Witherspoon makes a significant contribution to the understanding of his impact on church, education, and society.

Poverty of Nations

Author : Dr Subhrendu Bhattacharya
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The book deals with the concept of poverty, its causes and cures. The rich ordinarily blaming the poor that latter remain poor, because of their being lazy and the poor feeling that their poverty, arises from the exploitation by the rich, both views have been attempted to be dismantled. The dichotomy of poverty and the affluence has not been an age old phenomenon. The inequalities, in the non industrial ages, were far from being distinct, except an extremely thin layer of the royalty and the feudal. With prosperity of few nations, arising from industrial revolution, from the middle of the 1700s and the increased naval power, of a few nations, made the difference between the rich and poor regions and between the countries sharp. As money begets money, the economic development, too followed the same path. The author examined how the poverty, got accentuated by migration of labour and the rich engaging them, on security of contract basis, for longer periods, either paying measly compensation or with no wages. They also restricted their mobility to leverage, from their cheap labour. This is reflected even in the new millennium, in the form of denial of industrial democracy, by some gigantic corporations, to annihilate the bargaining power of the labour. The book also mentions how disengaged nature of the democratic politics of the poor in the developed world, kept them poorer and wanting in confidence. Remedial measures have also been discussed, in this study, which, as stressed by the author, need to be continent specific, rather than one cloth size fits all, approach of the multilateral Institutions. The book has not examined and researched poverty as one blanket entity but researched poverty at multi-layered level and at each level the author got to the bottom of the issue and provided unique solutions. The study suggests need for a gesture of benevolence, of the developed world, keeping in mind the downsides that resulted from colonization. The book goes into the question of emergence of avoidance of practical education, science and engineering education, lack of interest in academic rigour, in several industrial countries, in the recent years, which could be heavily challenging, for future generations. The book is unique, in its dealing with remedial measures, to which the book has considerably dedicated.