Comparative Economics in a Transforming World Economy


Book Description

The second edition of an innovative undergraduate textbook in Comparative Economic Systems that goes beyond the traditional dichotomies.




Comparative Economic Systems


Book Description

3 edge, methods and theory. I turn now to some of my own reflections on this score. Some Reflections My first proposition is that if we are interested in analyzing the performance and dynamic properties of the world's economies, it is only at significant peril that comparative economists can overlook noneconomic or "political" factors. This is not to say that it is illegitimate to abstract from non-economic factors for particular purposes; rather, such abstraction should occur only with cogni zance of the influences being suppressed. I have argued elsewhere that the analytical compromise in suppressing noneconomic variables is greater for the study of planned than for market economies. [7] Borrowing from Polanyi [8], it is claimed that in market sys tems the economic sphere is disembedded from (separate and not subordinate to) the political, social and cultural spheres, while in planned systems the economic sphere is embedded in the noneconomic spheres. To be sure, market economies are strongly affected by political and cultural factors, but planned economies have and often exercise the potential to let political goals dominate in making production, allocational, or distributional choices. Indeed, it is difficult in practice to separate out what are political and what are economic decisions in planned systems.




Democratic Economic Planning


Book Description

Democratic Economic Planning presents a concrete proposal for how to organize, carry out, and integrate comprehensive annual economic planning, investment planning, and long-run development planning so as to maximize popular participation, distribute the burdens and benefits of economic activity fairly, achieve environmental sustainability, and use scarce productive resources efficiently. The participatory planning procedures proposed provide workers in self-managed councils and consumers in neighbourhood councils with autonomy over their own activities while ensuring that they use scarce productive resources in socially responsible ways without subjecting them to competitive market forces. Certain mathematical and economic skills are required to fully understand and evaluate the planning procedures discussed and evaluated in technical sections in a number of chapters. These sections are necessary to advance the theory of democratic planning, and should be of primary interest to readers who have those skills. However, the book is written so that the main argument can be followed without fully digesting the more technical sections. Democratic Economic Planning is written for dreamers who are disenamored with the economics of competition and greed want to know how a system of equitable cooperation can be organized; and also for sceptics who demand "hard proof" that an economy without markets and private enterprise is possible.




A New View of Comparative Economics


Book Description

A comprehensive reevaluation of the nature of economic systems across the globe, A New View of Comparative Economic Systems is today's choice for today's world. This exciting text is not merely a re-treading of an obsolete Soviet-oriented text, but a fresh, new, and comprehensive reappraisal of the nature and study of economic systems. A New View of Comparative Economic Systems defines a new approach and will set the standard for years to come in Comparative Economic courses.




Awakening Giants, Feet of Clay


Book Description

The recent economic rise of China and India has attracted a great deal of attention. Yet, many of the views regarding their market reforms and high growth have been tendentious, exaggerated, or oversimplified. Awakening Giants, Feet of Clay scrutinizes the phenomenal rise of both nations and demolishes the myths that have accumulated around the economic achievements of these two giants in the last quarter-century. Exploring the challenges that both countries must overcome to become true leaders in the international economy, Pranab Bardhan looks beyond short-run macroeconomic issues to examine structures, and current general performance. Full of valuable insights, Awakening Giants, Feet of Clay provides a nuanced picture of China and India's complex political economy at a time of startling global reconfiguration and change.




Socialist Planning


Book Description

An overview of socialist planning that explains the underlying theory and its limitations, also placing developments in their historical perspective.




Planning Theory


Book Description

Theory and practice in city planning have never been known for their compatibility. The planner, dealing with stresses such as the personalities at work in a board meeting and coping with the realities of fund raising, political realities, and the like, can find little guidance in the theory of the trade. The issues of poverty groups, whether rural or urban, the provision of services, and the packaging of them are seemingly insuperable. The sheer frustration in the inability to deliver, which so many planners feel, can result in considerable impatience and a questioning of the relevance of theory.The editors argue that this state of affairs, though understandable, is unacceptable. While short-range meliorismwithout sense of perspective may be good for the practitioner's individual psyche, the cost may be borne by the long-run best interests of the groups to be served. The risks of a lack of perspective and the experiences generated by this phenomenon are too serious in their implications to permit the process to continue.In this new age of anxiety it is essential for both planners and theorists to understand their roles as well as provide guidance in shaping them. Burchell and Sternlieb have thus gathered here a variety of individuals, all of whom in their separate and distinct fashions are seasoned, both in practice and in theory. The book is divided into five sections: Physical Planning in Change, Social Planning in Change, Public Policy Planning in Change, Economic Planning in Change, and a final section detailing the roles of planners and who they are. These shared puzzlements and insights will prove useful to all practitioners and theorists in the planning field.




The Oxford Handbook of Urban Economics and Planning


Book Description

This volume embodies a problem-driven and theoretically informed approach to bridging frontier research in urban economics and urban/regional planning. The authors focus on the interface between these two subdisciplines that have historically had an uneasy relationship. Although economists were among the early contributors to the literature on urban planning, many economists have been dismissive of a discipline whose leading scholars frequently favor regulations over market institutions, equity over efficiency, and normative prescriptions over positive analysis. Planners, meanwhile, even as they draw upon economic principles, often view the work of economists as abstract, not sensitive to institutional contexts, and communicated in a formal language spoken by few with decision making authority. Not surprisingly, papers in the leading economic journals rarely cite clearly pertinent papers in planning journals, and vice versa. Despite the historical divergence in perspectives and methods, urban economics and urban planning share an intense interest in many topic areas: the nature of cities, the prosperity of urban economies, the efficient provision of urban services, efficient systems of transportation, and the proper allocation of land between urban and environmental uses. In bridging this gap, the book highlights the best scholarship in planning and economics that address the most pressing urban problems of our day and stimulates further dialog between scholars in urban planning and urban economics.




Local Cosmopolitanism


Book Description

This book offers a unique perspective on cosmopolitanism, examining the ways it is constructed and reconstructed on the small scale in an ongoing process of matching the local with the global, a process entailing mutual transformation. Based on a wide range of literatures and a series of case studies, it analyzes the different versions and functions of cosmopolitanism and points to the need to critically re-examine current conceptions of globalization. The book first illustrates the interplay between networks and narratives in the construction of cosmopolitan communities in three specific cities: Trieste, Odessa and Tbilisi. Each has a past more cosmopolitan than the present and each uses that cosmopolitan past to guide them towards the future. Next, the book focuses on narrative dynamics by isolating several discourses on the cosmopolitan place and figure in European cultural history. It then goes on to detail the internal representations and local functions of larger wholes in smaller communities, shedding a new light on issues of inter- disciplinary interest: self- governance, participation, local knowledge, social memory, scale, planning and development. Of interest to political scientists, anthropologists, economists, geographers and philosophers, this book offers an insightful contribution to theories of globalization and global/ local interaction, bringing the local discursive mechanics into sharper focus and also emphasizing the semi- autonomous character of narrative constructions of self and community in a larger world.