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The Economics of International Development: Foreign Aid versus Freedom for the World's Poor

Author : William Easterly
Publisher : London Publishing Partnership
Page : 116 pages
File Size : 43,43 MB
Release : 2016-10-01
Category : Social Science
ISBN : 0255367325

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Foreign aid and overseas military intervention have been important and controversial political topics for over a decade. The government’s controversial target to spend 0.7 per cent of national income on foreign aid has been widely welcomed by some, but strongly criticised by others. Furthermore, the controversy of the Iraq war rumbles on, even today. This is all happening amongst much instability in many parts of the world. In this short book, a number of authors challenge the assumption that we can bring about economic development and promote liberal democracies through direct foreign intervention – whether economic or military intervention. The lead author, William Easterly, drawing on his wide experience at the World Bank and as an academic, is a renowned sceptic of intervention. He points out that solutions proposed now to the problem of poverty are identical to solutions proposed decades ago – but the plans of rich governments simply do not successfully transform poor countries. Academics Abigail Hall-Blanco and Christian Bjornskov add further context and put forward empirical evidence that backs up Easterly’s argument. Syvlie Aboa-Bradwell draws upon her own practical experience to give examples of how people in poor countries can be assisted to promote their own development. This book is essential reading for students, teachers and all interested in better understanding how to help – and how not to help – the world’s most disadvantaged peoples.

Understanding Development

Author : John Rapley
Publisher : Routledge
Page : 218 pages
File Size : 34,30 MB
Release : 2013-02-01
Category : Science
ISBN : 1135056137

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First published in 1997. An introduction to the theory and practices of development in the third world, tracing the evolution of development theory over 40 years, and examining why so many of the benefits of development are still not shared by millions.

The Challenge of Third World Development

Author : Howard Handelman
Publisher :
Page : 310 pages
File Size : 10,62 MB
Release : 2000
Category : Business & Economics
ISBN : 9780130837578

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In this exploration of the political, economic and social issues that face diverse Third World countries, Howard Handelman examines the nature of underdevelopment and discusses explanatory theories of redevelopment.

Liberal America and the Third World

Author : Robert A. Packenham
Publisher : Princeton University Press
Page : 418 pages
File Size : 20,78 MB
Release : 2015-03-08
Category : Business & Economics
ISBN : 1400868661

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In Europe after World War II, U.S. economic aid helped to ensure economic revival, political stability, and democracy. In the Third World, however, aid has been associated with very different tendencies: uneven political development, violence, political instability, and authoritarian rule in most countries. Despite these differing patterns of political change in Europe and the Third World, however, American conceptions of political development have remained largely constant: democracy, stability, anti-communism. Why did the objectives and theories of U.S. aid officials and social scientists remain largely the same in the face of such negative results and despite the seeming inappropriateness of their ideas in the Third World context? Robert Packenham believes that the thinking of both officials and social scientists was profoundly influenced by the "Liberal Tradition" and its view of the American historical experience. Thus, he finds that U.S. opposition to revolution in the Third World steins not only from perceptions of security needs but also from the very conceptions of development that arc held by Americans. American pessimism about the consequences of revolution is intimately related to American optimism about the political effects of economic growth. In his final chapter the author offers some suggestions for a future policy. Originally published in 1973. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

The Political Economy of Post-adjustment

Author : Hakim Ben Hammouda
Publisher : Routledge
Page : 236 pages
File Size : 11,51 MB
Release : 2017-11-30
Category : Political Science
ISBN : 1351771612

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This title was first published in 2003. Hammouda's text focuses on modernization experiences in the South which, in the 80s had reached their limits, with the adoption of structural adjustment programmes in most countries. Yet, such Washington Consensus inspired programmes met difficulties in initiating new growth dynamics in these countries and in improving their international insertion. Hence, a new era termed post-adjustment by the author has been ushered in, one which is characterized by a decline of structural adjustment programmes and through dynamic and plural research, is striving to introduce new theoretical practices and development strategies. This book is a contribution to such debate.

Growth, Debt, And Politics

Author : Lewis W Snider
Publisher : Westview Press
Page : 262 pages
File Size : 46,4 MB
Release : 1996-09-12
Category : Political Science
ISBN : 9780813380414

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Why have so many attempts by developing countries to correct their financial insolvency by economic adjustment failed even when those nations have adhered closely to the “orthodox” economic prescriptions dispensed by the International Monetary Fund? Does the fault lie in policies that are poorly conceived or implemented haphazardly or on too much government intervention in the economy?In this fascinating book, Lewis Snider convincingly argues the opposite—that problems arise not because the government is involved but because the way it intervenes is often counterproductive. In addition, he contends that political weakness, rather than misconceived policies or the inability of policymakers to see the consequences of their decisions, most often prevents leaders from successfully implementing economic reforms.Snider's analysis focuses on three problems common to poor countries: an inability to extract sufficient resources from society; a lack of credible political and economic institutions; and as a natural outcome of these two, covert income and profit transfers that in turn serve to reinforce the institutional credibility problem.How can this vicious circle be broken? Drawing on examples and evidence from around the world, Snider demonstrates that the state must first improve its institutional credibility in the form of secure property rights and reliable contract enforcement. Only then will it be able to increase its extraction while holding down transaction costs at the level necessary for economic adjustment to succeed.

Capitalism and the Third World

Author : Wil Hout
Publisher : Edward Elgar Publishing
Page : 248 pages
File Size : 38,64 MB
Release : 1993
Category : Business & Economics
ISBN :

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Capitalism and the Third World is the first comprehensive assessment of dependency and world systems scholarship, and questions whether such theories offer a scientific basis for the study of international relations. Wil Hout skilfully compares the theories of dependency and world systems with their theoretical predecessors and competitors. In the first part of the book comparisons are made with traditional economic and neo-Marxist theories of imperialism, the liberal theory of international free trade, Prebisch's structuralism and modernisation theories. The second part analyses the writings of Andre Gunder Frank, Samir Amin, Johan Galtung and Immanuel Wallerstein, and tests three causal models derived from the writings of these scholars using quantitative macro-political and macro-economic data. This valuable study will be widely used for courses on international political economy and development economics. It will be of particular interest to those studying the political economy of North-South relations.