Developing Countries In The World Economy

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Developing Country Debt and the World Economy

Author : Jeffrey D. Sachs
Publisher : University of Chicago Press
Page : 350 pages
File Size : 43,9 Mb
Release : 2007-12-01
Category : Business & Economics
ISBN : 9780226733234

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Developing Country Debt and the World Economy by Jeffrey D. Sachs Pdf

For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries have intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability. Developing Country Debt and the World Economy contains nontechnical versions of papers prepared under the auspices of the project on developing country debt, sponsored by the National Bureau of Economic Research. The project focuses on the middle-income developing countries, particularly those in Latin America and East Asia, although many lessons of the study should apply as well to other, poorer debtor countries. The contributors analyze the crisis from two perspectives, that of the international financial system as a whole and that of individual debtor countries. Studies of eight countries—Argentina, Bolivia, Brazil, Indonesia, Mexico, the Philippines, South Korea, and Turkey—explore the question of why some countries succumbed to serious financial crises while other did not. Each study was prepared by a team of two authors—a U.S.-based research and an economist from the country under study. An additional eight papers approach the problem of developing country debt from a global or "systemic" perspective. The topics they cover include the history of international sovereign lending and previous debt crises, the political factors that contribute to poor economic policies in many debtor nations, the role of commercial banks and the International Monetary Fund during the current crisis, the links between debt in developing countries and economic policies in the industrialized nations, and possible new approaches to the global management of the crisis.

Catch Up

Author : Deepak Nayyar
Publisher : Oxford University Press
Page : 240 pages
File Size : 42,6 Mb
Release : 2013-10-24
Category : Business & Economics
ISBN : 9780199652983

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Catch Up by Deepak Nayyar Pdf

This book is about the evolution of developing countries in the world economy situated in its wider historical context, spanning centuries, but with a focus on the period since the mid-twentieth century. It traces the rise and 'catch up' of the developing world and the shift in the balance of power in the world economy.

Developing Countries In The World Economy

Author : Jaime De Melo
Publisher : World Scientific
Page : 634 pages
File Size : 44,5 Mb
Release : 2015-03-26
Category : Business & Economics
ISBN : 9789814494915

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Developing Countries In The World Economy by Jaime De Melo Pdf

Differences in the choices of trade and macro policies, both by developing countries and by developed countries towards developing countries, have been critical in determining the overall performance of developing countries. All too often, the performance of developing countries has not been assessed using appropriately conducted studies. The papers in this book are chosen to bridge this gap and show how a quantitative approach to policy evaluation can help resolve controversies and explain the choice of observed policies.The book brings together carefully selected papers that assess the impacts of various trade and macro policies, by quantifying the policies of developing countries at the macro level (exchange rate, investment, savings) and at the sector level (trade and industrial policies), in addition to policies of developed countries towards developing countries (trade preferences, quotas, VERs and migration policies). Facets of the political economy of trade, migration, and climate policies are explored (such as the enlargement of the EU, the rise of regionalism and how it can ease the pains of adjustment to trade liberalization, openness and inequality). Growing tensions between trade and the environment are also investigated. In short, this book covers a wide area of events ranging from external and internal shocks to external and internal policies, showing how the consequences of these events can be brought to rigorous quantitative analysis.

Developing Countries in the World Economy

Author : Deepak Nayyar,Dīpaka Nāyara,World Institute for Development Economics Research
Publisher : Unknown
Page : 46 pages
File Size : 42,9 Mb
Release : 2009
Category : Electronic
ISBN : 9292302175

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Developing Countries in the World Economy by Deepak Nayyar,Dīpaka Nāyara,World Institute for Development Economics Research Pdf

Globalization, Growth, and Poverty

Author : Paul Collier,David Dollar
Publisher : World Bank Publications
Page : 200 pages
File Size : 40,6 Mb
Release : 2002
Category : Business & Economics
ISBN : 082135048X

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Globalization, Growth, and Poverty by Paul Collier,David Dollar Pdf

Globalization - the growing integration of economies and societies around the world, is a complex process. The focus of this research is the impact of economic integration on developing countries and especially the poor people living in these countries. Whether economic integration supports poverty reduction and how it can do so more effectively are key questions asked. The research yields 3 main findings with bearings on current policy debates about globalization. Firstly, poor countries with some 3 billion people have broken into the global market for manufactures and services, and this successful integration has generally supported poverty reduction. Secondly, inclusion both across countries and within them is important as a number of countries (pop. 2 billion) are failing as states, trading less and less, and becoming marginal to the world economy. Thirdly, standardization or homogenization is a concern - will economic integration lead to cultural or institutional homogenization?

Globalization and the Least Developed Countries

Author : David Bigman
Publisher : CABI
Page : 338 pages
File Size : 43,8 Mb
Release : 2007-01-01
Category : Social Science
ISBN : 9781845933098

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Globalization and the Least Developed Countries by David Bigman Pdf

One of the most notable changes in the world economy during the past three decades has been the diverging trends in the growth of the developing countries. This book examines the opportunities open to the least developed countries as they design their strategies to accelerate growth and alleviate poverty.

The Developing Countries and the World Economic Order

Author : Lars Anell,Birgitta Nygren
Publisher : Bloomsbury Publishing
Page : 217 pages
File Size : 55,8 Mb
Release : 2013-11-07
Category : Business & Economics
ISBN : 9781472505781

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The Developing Countries and the World Economic Order by Lars Anell,Birgitta Nygren Pdf

The Developing Countries and the World Economic Order provides a lucid introduction to the debate about the developing countries and the quest for a New International Economic Order. The primary objective is to indicate some of the fundamental requirements that must be satisfied by an equitable world order. Since the present economic situation and demands of developing countries cannot be understood thoroughly without prior knowledge of how the present world order has evolved, Part I begins with a detailed historical survey. An account of economic development up to the Second World War and of the colonial heritage of the developing countries is followed by a description of the way in which the postwar world order came into being. Part II analyses more recent developments, including the central demands of developing countries and the background to these demands, and outlines a new perspective on the NIEO programme with suggestions are offered on how the developing countries could secure for themselves a larger share of the world's resources. A major theme of the book is that important changes in the world order take place irrespective of the recommendations adopted at international conferences.

The New Global Economy and Developing Countries

Author : Dani Rodrik
Publisher : Unknown
Page : 184 pages
File Size : 55,6 Mb
Release : 1999-02-15
Category : Business & Economics
ISBN : UCSD:31822026119347

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The New Global Economy and Developing Countries by Dani Rodrik Pdf

The new book that's sparked discussion both in Washington and European financial capitals Policy makers in the developing world are grappling with new dilemmas created by openness to trade and capital flows. What role, if any, remains for the state in promoting industrialization? Does openness worsen inequality, and if so, what can be done about it? What is the best way to handle turbulence from the world economy, especially the fickleness of international capital flows? In The New Global Economy and Developing Countries Dani Rodrik argues that successful integration into the world economy requires a complementary set of policies and institutions at home. Policy makers must reinforce their external strategy of liberalization with an internal strategy that gives the state substantial responsibility in building physical and human capital and mediating social conflicts.

Development Centre Studies The World Economy Historical Statistics

Author : Maddison Angus
Publisher : OECD Publishing
Page : 0 pages
File Size : 55,5 Mb
Release : 2003-10-31
Category : Electronic
ISBN : 9264104127

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Development Centre Studies The World Economy Historical Statistics by Maddison Angus Pdf

Following his The World Economy: a Millennial Perspective, Angus Maddison here offers a rare insight into the history and political influence of national accounts and national accounting. He demonstrates that such statistical data can shed light on ...

At Your Service?

Author : Gaurav Nayyar,Mary Hallward-Driemeier,Elwyn Davies
Publisher : World Bank Publications
Page : 364 pages
File Size : 51,5 Mb
Release : 2021-10-18
Category : Business & Economics
ISBN : 9781464817106

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At Your Service? by Gaurav Nayyar,Mary Hallward-Driemeier,Elwyn Davies Pdf

Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.

Global Productivity

Author : Alistair Dieppe
Publisher : World Bank Publications
Page : 552 pages
File Size : 48,6 Mb
Release : 2021-06-09
Category : Business & Economics
ISBN : 9781464816093

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Global Productivity by Alistair Dieppe Pdf

The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

The World Economy through the Lens of the United Nations

Author : José Antonio Ocampo,Anis Chowdhury,Diana Alarcón
Publisher : Oxford University Press
Page : 288 pages
File Size : 40,9 Mb
Release : 2018-03-16
Category : Business & Economics
ISBN : 9780192549518

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The World Economy through the Lens of the United Nations by José Antonio Ocampo,Anis Chowdhury,Diana Alarcón Pdf

This edited volume documents the intellectual influence of the United Nations Department of Economic and Social Affairs (UN-DESA) through its flagship publication, the World Economic and Social Survey (WESS) on its 70th Anniversary. First published in 1948, as World Economic Report, WESS is the oldest continuous post-World War II publication recording and analysing the performance of the global economy and social development trends. It offers relevant policy recommendations and highlights how well the United Nation's (UN) annual report has tracked global economic and social conditions, and how its analyses influenced and were influenced by the prevailing development discourse during the past seven decades. It also critically reflects on its policy recommendations and their influence on actual policy-making and the shaping of the world economy. The World Economy through the Lens of the United Nations reflects on this report, amongst others, to provide valuable insights on global economic challenges and their differential impacts on different groups of countries requiring global policy coordination as well as context specific policy responses. It demonstrates that UN reports have often been ahead of the curve and played a critical role in policy debate, especially in the area of international policy coordination and coherence for balanced global development, and offers rich and path-breaking analyses of contemporary problems of growth, development, trade and stabilization.

The Economic Theory of Developing Countries' Rise

Author : Yangsheng Zhong
Publisher : University Press of America
Page : 273 pages
File Size : 54,9 Mb
Release : 2010-06-10
Category : Business & Economics
ISBN : 9780761850793

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The Economic Theory of Developing Countries' Rise by Yangsheng Zhong Pdf

The Economic Theory of Developing Countries' Rise examines the great economic development achievements of China within such a short period of time, which have surprised the world and have also raised other developing countries' hopes for catching up with developed countries. Featuring traditional political economics and Chinese characteristics of socialism, this book is about the economics of developing countries' rise, based on the case of China and focuses on catching-up economic growth theory. Thus, the book is of interest to those who wish to know more about theories, practices, policies and causes of China's economic success. The original Chinese version has been a very influential and well-sold book written on economics in China, and has received numerous awards and accolades since it was first published in 1995. This English version is the translation of the sixth edition in Chinese, published in December 2005. Most recently, in August 2009, the Chinese book was selected and enrolled in the honorable book series - 100 Economist and their notable works impacting China's Economic Construction over the last 60 years.

Globalization and Poverty

Author : Ann Harrison
Publisher : University of Chicago Press
Page : 675 pages
File Size : 53,9 Mb
Release : 2007-11-01
Category : Business & Economics
ISBN : 9780226318004

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Globalization and Poverty by Ann Harrison Pdf

Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

Development Centre Seminars Growth and Competition in the New Global Economy

Author : OECD Development Centre
Publisher : OECD Publishing
Page : 200 pages
File Size : 41,9 Mb
Release : 1999-01-22
Category : Electronic
ISBN : 9789264180758

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Development Centre Seminars Growth and Competition in the New Global Economy by OECD Development Centre Pdf

This publication offers a stimulating, well-informed tour of the issues which policy makers will have to resolve if the integration of the NEEs into the world economy is to be facilitated