› › Regimes State Power And The Effects Of External Economic Linkages On Growth And Social Equality In The Third World

How Does Political Instability Affect Economic Growth?

Author : Mr.Ari Aisen

Publisher : International Monetary Fund

Page : 30 pages

File Size : 45,20 MB

Release : 2011-01-01

Category : Business & Economics

ISBN : 1455211907

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Book Description

The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.



Global Trends 2040

Author : National Intelligence Council

Publisher : Cosimo Reports

Page : 158 pages

File Size : 30,91 MB

Release : 2021-03

Category :

ISBN : 9781646794973

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Book Description

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.



Causes and Consequences of Income Inequality

Author : Ms.Era Dabla-Norris

Publisher : International Monetary Fund

Page : 39 pages

File Size : 10,81 MB

Release : 2015-06-15

Category : Business & Economics

ISBN : 1513547437

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Book Description

This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.



Dissertation Abstracts International

Author :

Publisher :

Page : 640 pages

File Size : 33,93 MB

Release : 2004

Category : Dissertations, Academic

ISBN :

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Book Description

Abstracts of dissertations available on microfilm or as xerographic reproductions.



Redistribution, Inequality, and Growth

Author : Mr.Jonathan David Ostry

Publisher : International Monetary Fund

Page : 30 pages

File Size : 49,17 MB

Release : 2014-02-17

Category : Business & Economics

ISBN : 1484397657

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Book Description

The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund’s mandate is providing advice that will enable members’ economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called “leaky bucket” hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore—as Okun and others have—that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.



The Three Worlds of Welfare Capitalism

Author : Gosta Esping-Andersen

Publisher : John Wiley & Sons

Page : 322 pages

File Size : 49,73 MB

Release : 2013-05-29

Category : Political Science

ISBN : 0745666752

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Book Description

Few discussions in modern social science have occupied as much attention as the changing nature of welfare states in western societies. Gosta Esping-Andersen, one of the most distinguished contributors to current debates on this issue, here provides a new analysis of the character and role of welfare states in the functioning of contemporary advanced western societies. Esping-Andersen distinguishes several major types of welfare state, connecting these with variations in the historical development of different western countries. Current economic processes, the author argues, such as those moving towards a post-industrial order, are not shaped by autonomous market forces but by the nature of states and state differences. Fully informed by comparative materials, this book will have great appeal to everyone working on issues of economic development and post-industrialism. Its audience will include students and academics in sociology, economics and politics.



Inequality and Growth

Author : Theo S. Eicher

Publisher : MIT Press

Page : 343 pages

File Size : 36,26 MB

Release : 2003

Category : Economic development

ISBN : 0262050692

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Book Description

Essays exploring the relationship between economic growth and inequality and the implications for policy makers.



Inequality and Democratization

Author : Ben W. Ansell

Publisher : Cambridge University Press

Page : 255 pages

File Size : 14,14 MB

Release : 2014-12-18

Category : Political Science

ISBN : 1316123286

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Book Description

Research on the economic origins of democracy and dictatorship has shifted away from the impact of growth and turned toward the question of how different patterns of growth - equal or unequal - shape regime change. This book offers a new theory of the historical relationship between economic modernization and the emergence of democracy on a global scale, focusing on the effects of land and income inequality. Contrary to most mainstream arguments, Ben W. Ansell and David J. Samuels suggest that democracy is more likely to emerge when rising, yet politically disenfranchised, groups demand more influence because they have more to lose, rather than when threats of redistribution to elite interests are low.



The Washington Consensus Reconsidered

Author : Narcís Serra

Publisher : OUP Oxford

Page : 399 pages

File Size : 18,72 MB

Release : 2008-04-24

Category : Political Science

ISBN : 0191538604

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Book Description

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.



Links Between Growth, Inequality, and Poverty: A Survey

Author : Ms. Valerie Cerra

Publisher : International Monetary Fund

Page : 54 pages

File Size : 28,86 MB

Release : 2021-03-12

Category : Business & Economics

ISBN : 1513572660

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Book Description

Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.