Download Achieving Economic Development in the Era of Globalization by Shalendra D. Sharma PDF

By Shalendra D. Sharma

Challenging assumptions in regards to the merits of particular improvement practices, this ebook presents readers with evaluate of the way competing frameworks have constructed and the ways in which particular improvement practices replicate particular understandings of the most debates, in addition to delivering a finished ancient evaluate of makes an attempt to accomplish monetary development.

It:

  • offers a old assessment of the most debates and the way they've got developed over time
  • undertakes an exam (or really second look) of the connection among agriculture and poverty alleviation
  • presents an exploration of contemporary overseas improvement negotiations from the point of view of OECD countries.

Drawing at the classes of a few six a long time of improvement stories and illuminating theoretical insights and gathered empirical wisdom, this e-book is a key source for all scholars of improvement reviews and improvement economics.

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Additional resources for Achieving Economic Development in the Era of Globalization

Sample text

Eighth, good governance and institutions are only one part of a strategy for promoting development. If the vast majority of people in developing countries are to reap the benefits of market-based growth, they need to be able to participate in markets. That is, markets must be accessible to them. e. funds or property that can be used as collateral), they cannot effectively participate in markets. This problem is further compounded by imperfect and underdeveloped capital markets which impede many people’s ability to save, borrow, and invest.

2 Moreover, given that a society’s well-being depends on ensuring that all its members feel that they have a stake in it, good governance requires that institutions serve all stakeholders fairly. How to achieve good governance The UN Millennium Project (2005), the UNDP’s (2003) Human Development Report 2003 and the various World Bank’s, World Development Report each list over 100 “must do” items for countries to achieve good governance. Even allowing for the considerable overlap among the various items, it is a formidable agenda – not only for the world’s least developed and post-conflict countries, but also for many middle-income and transitional economies.

To a market-supporting orientation in the present period. Market support is not synonymous with state withdrawal, however. On the contrary, the move toward the market has generated a raft of new state missions. The unprecedented spread of economic globalization (broadly defined as the movement across international borders of goods and factors of production) signifies the triumph of market economies over socialist or centrally planned ones. 20 The evidence is uncontestable: countries around the globe have now embraced the market system underscores that there are no viable alternatives to free markets (Cohen 2006; Feenstra 2004; Frieden et al.

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