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ECONOMICS DEVELOPMENT, CLIMATE CHANGE, AND THE ENVIRONMENT
The book examine the policy of free trade and its impact on the environment of developing economies, as well as the question of compatibility between the absence of intra-generational altruism and the nation of sustainable development. Finally, the book looks at the problem of the depletion of non-renewable natural resources and the ways of reducing or stopping such depletion in some cases, and developing alternatives to some resources such as petroleum.
ISBN: 0415424100
Publisher: ROUTLEDGE -
THE UNDERCOVER ECONOMIST
Who makes most money from the demand for cappuccinos early in the morning at Waterloo Station? Why is it impossible to get a foot on the property ladder? How does the Mafia make money from laundries when street gangs pushing drugs don’t? Who really benefits from immigration? How can China, in just fifty years, go from the world’s worst famine to one of the greatest economic revolutions of all time, lifting a million people out of poverty a month? Looking at familiar situations in unfamiliar ways, THE UNDERCOVER ECONOMIST is a fresh explanation of the fundamental principles of the modern economy, illuminated by examples from the streets of London to the booming skyscrapers of Shanghai to the sleepy canals of Bruges. Leaving behind textbook jargon and equations, Tim Harford will reveal the games of signals and negotiations, contests of strength and battles of wit that drive not only the economy at large but the everyday choices we make.
ISBN: 0349119854
Publisher: ABACUS -
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KNOWLEDGE AND THE WEALTH OF NATIONS
In 1980, the twenty-four year old graduate student Paul Romer tackled one of the oldest puzzles in economics. Eight years later he solved it. This book tells the story of what has come to be called the new growth theory: the paradox identified by Adam Smith more than two hundred years earlier, its disappearance and occasional resurfacing in the nineteenth century, the development of new technical tools in the twentieth century, and finally the student who could see further than his teachers.
Fascinating in its own right, new growth theory helps to explain dominant first-mover firms like IBM or Microsoft, underscores the value of intellectual property, and provides essential advice to those concerned with the expansion of the economy. Like James Gleick’s Chaos or Brian Greene’s The Elegant Universe, this revealing book takes us to the frontlines of scientific research; not since Robert Heilbroner’s classic work The Worldly Philosophers have we had as attractive a glimpse of the essential science of economics.
ISBN: 0393059960
Publisher: NORTON -
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A CORPORATE SOLUTION TO GLOBLE POVERTY
World leaders have given the reduction of global poverty top priority. And yet it persists. Indeed, in many countries whose governments lack either the desire or the ability to act, poverty has worsened. This book, a Joint venture of a Harvard professor and an economist with the International Finance Corporation, argues that the solution lies in the creation of a new institution, the World Development Corporation (WDC), a partnership of multinational corporations (MNCs), international development agencies, and nongovernmental organizations (NGOs).
In A Corporate Solution to Global Poverty, George Lodge and Craig Wilson assert that MNCs have the critical combination of capabilities required to build investment, grow economies, and create jobs in poor countries, and thus to reduce poverty. Furthermore, they contend, MNCs can do so profitably and thus sustainably. But they lack legitimacy, and risk can be high, and so a collective approach is better than one in which an individual company proceeds alone. Thus a UN-sponsored WDC, owned and managed by a dozen or so MNCs with NGD support, will make a marked difference.
At a time when big business has been demonized for destroying the environment, enjoying one-sided benefits from globalization, and deceiving investors, the book argues that MNCs have much to gain from becoming more effective in reducing global poverty. This is not a call for philanthropy. Lodge and Wilson believe that corporate support for the World Development Corporation will benefit not only the world’s poor but also company shareholders as a result of improved MNC legitimacy and stronger markets and profitability.”
ISBN: 0691122296
Publisher: PRINCETON UNIVERSITY PRESS -
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REVIVING THE INVISIBLE HAND
Reviving the Invisible Hand is an uncompromising call for a global return to a classical liberal economic order, free of interference from governments and international organizations. Arguing for a revival of the invisible hand of free international trade and global capital, eminent economist Deepak Lal vigorously defends the view that states attempts to ameliorate the impact of markets threaten global economic progress and stability. And in an unusual move, he not only defends globalization economically, but also answers the cultural and moral objections of antiglobalizers.
Taking a broad cross-cultural and interdisciplinary approach, Lal argues that there are two groups opposed to globalization.
Cultural nationalists who oppose not capitalism but westernization, and “new dirigistes” who oppose not westernization but capitalism. In response, La! Contends that capitalism doesn’t have to lead to Westernization, as the examples of Japan, China, and India show and that “new dirigiste” complaint have more to do with the demoralization of their societies than with the capitalist instruments of prosperity.
La! Bases his case on a historical account of the rise of capitalism and globalization in the first two liberal international economic orders: the nineteenth- century British, and the post—World War II American.
Arguing that the “new dirigisme” is the thin edge of a wedge that could return the world to excessive economic intervention by states and international organizations, Lal does not shrink from controversial stands such as advocating the abolishment of these organizations and defending the existence of child labor in the Third World.
ISBN: 0691125910
Publisher: PRINCETON UNIVERSITY PRESS -
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A FREE NATION DEEP IN DEBT
FOR THE GREATER PART of recorded history the most successful and powerful states were autocracies; yet now the world is increasingly dominated by democracies. In A Free Nation Deep in Debt, James Macdonald provides a novel answer for how and why this political transformation occurred. The pressures of war finance led ancient states to store up treasure; and treasure accumulation invariably favored autocratic states. But when the art of public borrowing was developed by the city-states of medieval Italy as a democratic alternative to the treasure chest, the balance of power tipped. From that point on, the pressures of war favored states with the greatest public creditworthiness; and the most creditworthy states were invariably those in which the people who provided the money also controlled the government. Democracy had found a secret weapon and the era of the citizen-creditor was born. Macdonald unfolds this tale in a sweeping history that starts in biblical times, passes via medieval Italy to the wars and revolutions of the seventeenth and eighteenth centuries, and ends with the great bond drives that financed the two world wars.
ISBN: 0691126321
Publisher: PRINCETON UNIVERSITY PRESS -
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FIGHTING POVERTY
While it has become abundantly clear that neither overall economic growth not targeted micro-level interventions inevitably reduce poverty in developing countries, much of the development literature continues to focus on these two approaches. Exploring a third, and more promising, avenue, Fighting Poverty offea systematic analysis of the link between employment and pro-poor economic growth.
The authoprovide both conceptual framework and rich empirical evidence to demonstrate precisely how employment can serve to link growth with poverty reduction. They include in-depth case studies of Bangladesh, Bolivia, Ethiopia, India, Indonesia, Uganda, and Vietnam.
ISBN: 8130904357
Publisher: VIVA BOOKS -
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NATION-STATES AND THE MULTINATIONAL CORPORATION
What makes a country attractive to foreign investors? To what extent do conditions of governance and politics matter? This book provides the most systematic exploration to date of these crucial questions at the nexus of politics and economics. Using quantitative data and interviews with investment promotion agencies, investment location consultants, political risk insurers, and decision makeat multinational corporations, Nathan Jensen arrives at a surprising conclusion: countries may be competing for international capital, but government fiscal policy – both taxation and spending – has little impact on multinationals’ investment decisions. Although government policy has a limited ability to determine patterns of foreign direct investment (FDI) inflows, political institutions are central to explaining why some countries are more successful in attracting international capital. First, democratic institutions lower political risks for multinational corporations. Indeed, they lead to massive amounts of foreign direct investment. Second, politically federal institutions, in contrast to fiscally federal institutions, lower political risks for multinationals and allow host countries to attract higher levels of FDI inflows. Third, the International Monetary Fund often cited as a catalyst for promoting foreign investment, actually detemultinationals from investment in countries under IMF programs. Even after controlling for the factothat lead countries to seek IMF support, IMF agreements are associated with much lower levels of FDI inflows.
ISBN: 0691122229
Publisher: PRINCETON UNIVERSITY PRESS -
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URBAN GOVERNANCE, VOICE AND POVERTY IN THE DEVELOPING WORLD
In this book an international team of researcheexamines the hitherto little-studied relationship between urban governance and growing poverty. The core of the book is the result of three yeaof research in ten cities in Africa, Asia and Latin America including interviews with key actoboth within and outside city governments, discussions with poverty groups, community organizations and NGOs, as well as analyses of data on poverty, services and finance. Ultimately the evidence demonstrates that in many countries the global trend towards decentralization and democratization offeexciting new opportunities for the poor to have an influence on the decisions that affect them. It proves that the extent of that influence depends on the nature of those democratic arrangements and decision-making processes at the local level. The book presents insights, conclusions and practical examples that are of relevance for all cities, and it outlines policy implications for national and local governments, NGOs, and donor agencies.
ISBN: 1853839922
Publisher: VIVA BOOKS -
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NEW FOUNDATIONS OF COST-BENEFIT ANALYSIS
ISBN: 0674022793
Publisher: HARVARD UNIVERSITY PRESS -
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