The World Bank And The Post Washington Consensus In Vietnam And Indonesia

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The World Bank and the post-Washington Consensus in Vietnam and Indonesia

Author : Susan Engel
Publisher : Routledge
Page : 242 pages
File Size : 48,9 Mb
Release : 2012-08-21
Category : Business & Economics
ISBN : 9781135214708

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The World Bank and the post-Washington Consensus in Vietnam and Indonesia by Susan Engel Pdf

This book explores the history, structure and current operations of the World Bank, which despite being the largest development organisation and the largest development research body in the world with tremendous direct and indirect influence on developing economies, has rarely received the critical attention its importance merits. The book’s unique contribution is twofold: it provides an original analysis of the interaction between economic theory, political practice and the Bank’s development praxis as well as two detailed, grounded studies of the Bank’s lending practices. The book starts with a detailed examination of the development theory and practice of the World Bank from its Keynesian origins to the current shift through the Washington Consensus to the so-called post-Washington Consensus. The second part is a detailed analysis of the Bank’s lending practices in two countries, Vietnam and Indonesia. The case studies extensively utilise World Bank sources —analysing the Project Appraisal Documents for some 113 loans. They also draw on the secondary literature and on interviews with World Bank staff, government officials, academics and NGOs in both countries. The case studies enable the development of empirically-based conclusions regarding the impact of Bank policies on the economic and social development of two important Southeast Asian nations making possible an assessment of the extent to which the rhetoric of the post-Washington Consensus has been incorporated into the Bank’s lending practices. This book will be of interest to both advanced undergraduate and graduate students as well as specialist audiences in the fields of international political economy, development, international organizations and Southeast Asian Studies.

Delusions of Development

Author : T. Carroll
Publisher : Springer
Page : 269 pages
File Size : 49,6 Mb
Release : 2010-09-22
Category : Political Science
ISBN : 9780230289758

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Delusions of Development by T. Carroll Pdf

Investigates the World Bank's promotion of market-led development in the underdeveloped world and the impact that this promotion has upon citizenship. This book looks at this subject using case studies drawn from Southeast Asia, one of the world's most diverse regions.

Economic Growth in the 1990s

Author : World Bank
Publisher : World Bank Publications
Page : 384 pages
File Size : 47,6 Mb
Release : 2005
Category : Business & Economics
ISBN : 0821360434

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Economic Growth in the 1990s by World Bank Pdf

This report was prepared by a team led by Roberto Zagha, under the general direction of Gobind Nankani.

Global Waves of Debt

Author : M. Ayhan Kose,Peter Nagle,Franziska Ohnsorge,Naotaka Sugawara
Publisher : World Bank Publications
Page : 403 pages
File Size : 43,6 Mb
Release : 2021-03-03
Category : Business & Economics
ISBN : 9781464815454

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Global Waves of Debt by M. Ayhan Kose,Peter Nagle,Franziska Ohnsorge,Naotaka Sugawara Pdf

The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Skilling Up Vietnam

Author : Christian Bodewig,Reena Badiani-Magnusson,Kevin Macdonald,David Newhouse,Jan Rutkowski
Publisher : World Bank Publications
Page : 193 pages
File Size : 40,9 Mb
Release : 2014-07-02
Category : Business & Economics
ISBN : 9781464802317

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Skilling Up Vietnam by Christian Bodewig,Reena Badiani-Magnusson,Kevin Macdonald,David Newhouse,Jan Rutkowski Pdf

The demand for workforce skills is changing in Vietnam’s dynamic economy. In addition to job-specific skills, Vietnamese employers value cognitive skills, like problem solving, and behavioral skills, like team work. This book presents an agenda of change for Vietnam’s education system to prepare workers to succeed in Vietnam’s modernizing economy.

World Development Report 2019

Author : World Bank
Publisher : World Bank Publications
Page : 148 pages
File Size : 41,9 Mb
Release : 2018-10-31
Category : Business & Economics
ISBN : 9781464813566

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World Development Report 2019 by World Bank Pdf

Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report will study how the nature of work is changing as a result of advances in technology today. Technological progress disrupts existing systems. A new social contract is needed to smooth the transition and guard against rising inequality. Significant investments in human capital throughout a person’s lifecycle are vital to this effort. If workers are to stay competitive against machines they need to train or retool existing skills. A social protection system that includes a minimum basic level of protection for workers and citizens can complement new forms of employment. Improved private sector policies to encourage startup activity and competition can help countries compete in the digital age. Governments also need to ensure that firms pay their fair share of taxes, in part to fund this new social contract. The 2019 World Development Report presents an analysis of these issues based upon the available evidence.

Economic Growth, Poverty, and Household Welfare in Vietnam

Author : Paul Glewwe,Nisha Agrawal,David Dollar
Publisher : World Bank Publications
Page : 644 pages
File Size : 41,6 Mb
Release : 2004-01-01
Category : Business & Economics
ISBN : 0821355430

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Economic Growth, Poverty, and Household Welfare in Vietnam by Paul Glewwe,Nisha Agrawal,David Dollar Pdf

With the adoption of new market-oriented policies, Vietnam has transformed itself from one of the world's poorest countries during the 1980s, into an economy with one of the highest growth rates during the 1990s. Using macroeconomic and household survey data, this publication examines a range of issues including: the causes of Vietnam's economic growth and future prospects; the impact on household welfare and poverty levels, school enrolment, child health and other socioeconomic outcomes; and the nature of poverty in Vietnam and the effectiveness of government policies for poverty reduction, drawing lessons for Vietnam and for other low-income developing countries.

Vietnam 2035

Author : World Bank Group;Ministry of Planning and Investment of Vietnam
Publisher : World Bank Publications
Page : 406 pages
File Size : 47,6 Mb
Release : 2016-11-07
Category : Business & Economics
ISBN : 9781464808258

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Vietnam 2035 by World Bank Group;Ministry of Planning and Investment of Vietnam Pdf

Thirty years of Ä?ổi Má»›i (economic renovation) reforms have catapulted Vietnam from the ranks of the world’s poorest countries to one of its great development success stories. Critical ingredients have been visionary leaders, a sense of shared societal purpose, and a focus on the future. Starting in the late 1980s, these elements were successfully fused with the embrace of markets and the global economy. Economic growth since then has been rapid, stable, and inclusive, translating into strong welfare gains for the vast majority of the population. But three decades of success from reforms raises expectations for the future, as aptly captured in the Vietnamese constitution, which sets the goal of “a prosperous people and a strong, democratic, equitable, and civilized country.†? There is a firm aspiration that by 2035, Vietnam will be a modern and industrialized nation moving toward becoming a prosperous, creative, equitable, and democratic society. The Vietnam 2035 report, a joint undertaking of the Government of Vietnam and the World Bank Group, seeks to better comprehend the challenges and opportunities that lie ahead. It shows that the country’s aspirations and the supporting policy and institutional agenda stand on three pillars: balancing economic prosperity with environmental sustainability; promoting equity and social inclusion to develop a harmonious middle- class society; and enhancing the capacity and accountability of the state to establish a rule of law state and a democratic society. Vietnam 2035 further argues that the rapid growth needed to achieve the bold aspirations will be sustained only if it stands on faster productivity growth and reflects the costs of environmental degradation. Productivity growth, in turn, will benefit from measures to enhance the competitiveness of domestic enterprises, scale up the benefits of urban agglomeration, and build national technological and innovative capacity. Maintaining the record on equity and social inclusion will require lifting marginalized groups and delivering services to an aging and urbanizing middle-class society. And to fulfill the country’s aspirations, the institutions of governance will need to become modern, transparent, and fully rooted in the rule of law.

Rethinking World Bank Influence

Author : D. Brent Edwards Jr.
Publisher : Taylor & Francis
Page : 252 pages
File Size : 50,6 Mb
Release : 2023-04-13
Category : Political Science
ISBN : 9780429619823

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Rethinking World Bank Influence by D. Brent Edwards Jr. Pdf

Why is it so hard for international development organizations—even ones as well-resourced and influential as the World Bank—to generate and sustain change in the way things are done in those countries where they work? Despite what, in many cases, is decades of investment and effort, why do partner governments continue to engage in those traditional patterns and styles of public service management that international development organizations have sought to supplant with methods that are supposedly more accountable, efficient, and effective? This book provides an answer to these questions. However, rather than pathologizing partner governments as the source of the problem—that is, rather than maintaining the distinction between doctor (international development organizations) and patient (partner governments), wherein the patient is seen as unwilling to take their medicine (enacting "good governance" practices)—this book instead reframes the relationship. The central argument is, first, that the programs and projects of international organizations are introduced into and are constrained by multiple layers of ritual governance, that is, performative acts and cultural logics that intersect with and reinforce the political, economic, and social structures in and through which they operate. As is shown, the contextual factors that guide governance practices are largely beyond the reach of the international development organizations; the relevant logics have their roots in state ideology but also extend back to the colonial logics that continue to operate at the heart of the state apparatus. The second the central argument is that international aid organizations and the governments with which they work are engaged in a "ritual aid dance" where each actor plays a part but does not (and cannot) acknowledge the ways that it depends on the other for its own gain. This relationship can be considered a dance because each participant responds to and needs the other, and because both sides do so in ways that are carefully choreographed, with the overall trajectory or contours of the dance being more or less known to the participants. These arguments are based on research on the World Bank’s efforts over the course of several decades to encourage, through its financing, projects, and technical assistance, the implementation of social sector reform in Indonesia related to decentralization, community participation, and school-based management.

Leadership and Growth

Author : David Brady,Michael Spence
Publisher : World Bank Publications
Page : 300 pages
File Size : 52,5 Mb
Release : 2010-01-04
Category : Political Science
ISBN : 0821381016

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Leadership and Growth by David Brady,Michael Spence Pdf

Does leadership affect economic growth and development? Is leadership an exogenous determinant or an endogenous outcome of growth and development processes? Can we differentiate between the two? Do leaders decisions and actions vary in importance over various stages in the process, at least in successful cases? How important is choosing the right economic model? To what extent does leadership affect the explicit or implicit time horizons of policy choices? Is leadership an important determinant of inclusiveness in growth? In what ways do leaders build consensus or institutions to allow time for the economic plan to work? What challenges does economic success generate? How do successful leaders adapt to new problems such as income inequality and a rising middle class? Does the creation of new institutions play any role in solving these problems? Why do leaders often choose second best political economic compromises in economic development? This book has been prepared for the Commission on Growth and Development to evaluate the state of knowledge on the relationship between leadership and economic growth. It does not pretend to provide all the answers, but does review the evidence, identify insights and offers examples of leaders making decisions and acting in ways that enhance economic growth. It examines a variety of topics including leaders roles in: promoting national unity, building good solid institutions, choosing innovative and localized policies, and creating political consensus for long run policy implementation. Written by prominent academics and actual policy makers, Leadership and Growth seeks to create a better understanding of the role of leadership in growth and to encourage further studies of the role of leadership in economic growth.

World Development Report 2009

Author : World Bank
Publisher : World Bank Publications
Page : 300 pages
File Size : 41,5 Mb
Release : 2008-11-04
Category : Political Science
ISBN : 082137608X

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World Development Report 2009 by World Bank Pdf

Rising densities of human settlements, migration and transport to reduce distances to market, and specialization and trade facilitated by fewer international divisions are central to economic development. The transformations along these three dimensions density, distance, and division are most noticeable in North America, Western Europe, and Japan, but countries in Asia and Eastern Europe are changing in ways similar in scope and speed. 'World Development Report 2009: Reshaping Economic Geography' concludes that these spatial transformations are essential, and should be encouraged. The conclusion is not without controversy. Slum-dwellers now number a billion, but the rush to cities continues. Globalization is believed to benefit many, but not the billion people living in lagging areas of developing nations. High poverty and mortality persist among the world's 'bottom billion', while others grow wealthier and live longer lives. Concern for these three billion often comes with the prescription that growth must be made spatially balanced. The WDR has a different message: economic growth is seldom balanced, and efforts to spread it out prematurely will jeopardize progress. The Report: documents how production becomes more concentrated spatially as economies grow. proposes economic integration as the principle for promoting successful spatial transformations. revisits the debates on urbanization, territorial development, and regional integration and shows how today's developers can reshape economic geography.

Inclusive Green Growth

Author : World Bank
Publisher : World Bank Publications
Page : 192 pages
File Size : 42,7 Mb
Release : 2012-05-01
Category : Business & Economics
ISBN : 9780821395523

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Inclusive Green Growth by World Bank Pdf

Inclusive Green Growth: The Pathway to Sustainable Development makes the case that greening growth is necessary, efficient, and affordable. Yet spurring growth without ensuring equity will thwart efforts to reduce poverty and improve access to health, education, and infrastructure services.

World Development Report 2010

Author : World Bank
Publisher : World Bank Publications
Page : 424 pages
File Size : 53,7 Mb
Release : 2009-11-06
Category : Political Science
ISBN : 0821379887

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World Development Report 2010 by World Bank Pdf

In the crowded field of climate change reports, 'WDR 2010' uniquely: emphasizes development; takes an integrated look at adaptation and mitigation; highlights opportunities in the changing competitive landscape; and proposes policy solutions grounded in analytic work and in the context of the political economy of reform.

The Washington Consensus Reconsidered

Author : Narcís Serra,Joseph E. Stiglitz
Publisher : OUP Oxford
Page : 400 pages
File Size : 51,6 Mb
Release : 2008-04-24
Category : Political Science
ISBN : 0191538604

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The Washington Consensus Reconsidered by Narcís Serra,Joseph E. Stiglitz Pdf

This volume brings together many of the leading international figures in development studies, such as Jose Antonio Ocampo, Paul Krugman, Dani Rodrik, Joseph Stiglitz, Daniel Cohen, Olivier Blanchard, Deepak Nayyar and John Williamson to reconsider and propose alternative development policies to the Washington Consensus. Covering a wide range of issues from macro-stabilization to trade and the future of global governance, this important volume makes a real contribution to this important and ongoing debate. The volume begins by introducing the Washington Consensus, discussing how it was originally formulated, what it left out, and how it was later interpreted, and sets the stage for a formulation of a new development framework in the post-Washington Consensus era. It then goes on to analyze and offer differing perspectives and potential solutions to a number of key development issues, some which were addressed by the Washington Consensus and others which were not. The volume concludes by looking toward formulating new policy frameworks and offers possible reforms to the current system of global governance.