Sustaining Economic Growth in Asia


Book Description

Economic growth, inflation, and interest rates have declined in Asia, just as they have in the United States and Europe. This volume explores the relevance to several Asian economies of the diagnosis known as “secular stagnation.” Leading experts on the region discuss the fiscal and monetary policy challenges of reviving growth without generating domestic financial imbalances. The essays on innovation, demographics, spillovers, and various policy proposals are accompanied by case studies focusing on Japan, South Korea, China, India, and Indonesia.




Sustaining Tanzania's Economic Development


Book Description

This book investigates the performance of firms and households in Tanzania and the strategies they adopt to navigate shocks, achieve sustainability, and build resilience to sustain their growth and development. The contributions show that Tanzania, like many countries, faces a challenging future but is better positioned to do so than it has been.




Tanzanian Development


Book Description

An up-to-date, comparative, examination of the developing economy of Tanzania and its grass roots progress out of poverty, with pointers to its wider implications for policymakers, NGOS and practitioners. Over the past thirty years, in common with a number of other Sub-Saharan African countries, Tanzania has experienced a period of painful adjustment followed by relatively rapid and stable economic growth. However the extent of progress on poverty reduction and the sustainability of the development process are both open to question. In this book, prominent international observers provide a range of different perspectives on the process of development over time and the issues facing a rapidly growing African economy: political economy; agriculture and rural livelihoods; industrial development; urbanisation; aid and trade; tourism; and the use of natural resources. Comparisons are drawn with other African economies as well as other developing countries, such as Vietnam. An invaluable deep review of Tanzania's economy and development, the book also looks at the wider implications of the research for the futureon the continent and beyond. David Potts is Honorary Visiting Researcher at the University of Bradford and was Head of the Bradford Centre for International Development 2015-16. He worked for six years as an economist in Tanzania's Ministry of Agriculture in the 1980s, has had many subsequent short-term assignments in the country and is co-editor of Development Planning and Poverty Reduction (2003).




Measuring and Mending Monetary Policy Effectiveness Under Capital Account Restrictions


Book Description

I propose a new approach to identifying exogenous monetary policy shocks in low-income countries with capital account restrictions. In the case of Mauritania, a domestic repatriation requirement is the key institutional characteristic that allows me to establish exogeneity. Unlike in advanced countries, I find no evidence for a statistically significant impact of exogenous monetary policy shocks on bank lending. Using a unique bank-level dataset on monthly balance sheets of six Mauritanian banks over the period 2006–11, I estimate structural vector autoregressions and two-stage least square panel models to demonstrate the ineffectiveness of monetary policy. Finally, I discuss how a reduction in banks’ loan concentration ratios and improvements in the liquidity management framework could make monetary stimuli more effective.




The Design and Sustainability of Renewable Energy Incentives


Book Description

This study provides economic models of the sustainability and affordability of renewable energy support schemes alongside operational advice on how the regulatory design may need to be modified to minimize the impact on the budget and be affordable to the poor, as well as how to identify and fill the financing gap.




Circular Economy: Recent Trends in Global Perspective


Book Description

This book presents the advantages of the circular economy as a powerful - and inevitable - model for tackling the current challenges against shrinking resources and establishing the resource efficient economy. The experienced contributors present the status and strategies of circular economy implementation in several countries with hands on experience to protect the environment while promoting the circular economy through legislative requirements, best practices adopted and popularizing the idea of circulation of resources amongst the researchers & academia, policy makers, industry, and the general public at large. The book advocates model that consists of designing products and processes with a view to endlessly recycling them evolving a greater scope of sustainable development.




Making Politics Work for Development


Book Description

Governments fail to provide the public goods needed for development when its leaders knowingly and deliberately ignore sound technical advice or are unable to follow it, despite the best of intentions, because of political constraints. This report focuses on two forces—citizen engagement and transparency—that hold the key to solving government failures by shaping how political markets function. Citizens are not only queueing at voting booths, but are also taking to the streets and using diverse media to pressure, sanction and select the leaders who wield power within government, including by entering as contenders for leadership. This political engagement can function in highly nuanced ways within the same formal institutional context and across the political spectrum, from autocracies to democracies. Unhealthy political engagement, when leaders are selected and sanctioned on the basis of their provision of private benefits rather than public goods, gives rise to government failures. The solutions to these failures lie in fostering healthy political engagement within any institutional context, and not in circumventing or suppressing it. Transparency, which is citizen access to publicly available information about the actions of those in government, and the consequences of these actions, can play a crucial role by nourishing political engagement.




Beyond Economic Growth


Book Description

The book, which draws on data published by the World Bank, is addressed to teachers, students, and all those interested in exploring issues of global development.




Education in Tanzania in the Era of Globalisation


Book Description

Education in Tanzania in the Era of Globalisation Challenges and Opportunities is a product of papers presented at a National Education Conference held in Dodoma, Tanzania in November 2016 and organised by the Aga Khan University-Institute for Educational Development, East Africa (AKU-IED-EA). At present, Tanzanias development direction is guided by Vision 2025, which aims to achieve a high quality livelihood for its people be attainment of Vision 2025 will depend largely on rapid socio-economic development based on several social and economic pillars including, most importantly, education. Clearly, for Tanzania, the scope and quality of education remains the single most important prerequisite to the attainment of Vision 2025 and the 17 Sustainable Development Goals (SDGs). The individual chapters in this publication, and their collective thrust, discuss the challenges in the education system in good faith and in the spirit of cooperation and collaboration guided by the belief that it is not the responsibility of the Government alone to see how these can be addressed. AKU IED EA has identd this as the responsibility of all well-meaning corporate bodies and citizens, and initiated thst conference of its type as its contribution to thore conference, as well as the publication, has to be seen as a model of good practice for universities in terms of sharing knowledge, experience, and practice with other stakeholders who are not in the academy, and more so, with politicians as well as government policy planners. The various authors of Education in Tanzania in the Era of Globalisation Challenges and Opportunities discuss issues within the context of the Tanzanian political economy against thects of globalization and seek to initiate a new kind of debate that is long overdue; a debate aimed at charting out appropriate strategies whose objective is to improve the quality of education in Tanzania so that it becomes a useful vehicle in enhancing processes of social change, transformation and development.




OECD Insights Sustainable Development Linking Economy, Society, Environment


Book Description

A succinct examination of the concept of sustainable development: what it means; how it is impacted by globalisation, production and consumption; how it can be measured; and what can be done to promote it.