Institutional Traps and Private Housing Sector Adaptation


Book Description

Southeast Asia is at particular risk of the impacts of climate change which is, and is predicted to continue, causing increased intensity and frequency of extreme weather events. Thailand is particularly vulnerable to these events, as well droughts. In 2011, Thailand experience the worst flood in 50 years, while four years later the county experienced the worst drought in 50 years, as well as continued flooding, particularly in parts of the Bangkok Metropolitan Region (BMR). Flood management, therefore, is a key aspect of Thai planning. Lebel et al. (2011), however, identified five institutional traps that hinder effective flood management-fragmentation, rigidity, elite capture, scale, and crisis management. These traps continue to hamper flood management strategies. Unfortunately, little is known about how these institutional traps impact water governance and non-government stakeholders. I interviewed public officials (n=23) and analyzed six newspapers, totalling 924 articles, on flood and drought management and the private housing sector in Thailand, and the BMR in particular. Results demonstrate that institutional traps continue to hinder effective flood and drought management in Thailand and have led to water mismanagement as well as a lack of trust in the government's ability to effectively manage water resources. In turn, this has led to an increase in non-government actors engaging in flood and drought management, specifically the military, royalty, and the private sector. While the involvement of the military and royalty in flood and drought management are viewed positively by the media, the private sector received mixed reviews by the media and respondents. At times the private sector is praised for stepping in to provide flood and drought management techniques, but they are also recognised for acting disreputably. Due to the mixed evaluation of the private sector's actions to address flood management issues, an in-depth review of the private housing sector's actions to reduce the risk of flooding within the Bangkok Metropolitan Region (BMR) was undertaken. The BMR is especially vulnerable to intense rainfall due to its proximity to the coast and rapid urbanization. Drawing on the interviews with public officials (n=23), I review the current practices used by Bangkok's private housing sector to adapt to the increased risk of floods in the city. Current adaptation strategies are primarily protective in nature, including: elevating land and constructing walls. These strategies can effectively reduce the risk of flooding to private property and adjacent properties, and may lead to co-benefits for networked urban infrastructures, such a stormwater management. Yet if these strategies are implemented poorly, they could be considered maladaptive by increasing the risk of flooding to surrounding properties and communities, and creating conflict between those who have adapted and those that have not. Overall, the results suggest that the private housing sector in the BMR is adapting to flooding. However, with limited government regulations, programs, or incentives, the adaptation process in the BMR is largely uncoordinated and unplanned. The results of this study demonstrate that poor flood management by the public sector can broaden water governance to other non-public stakeholders, with varying degrees of acceptance. Results indicate that the private housing sector, specifically, can be an effective mechanism to reduce the risk of urban flooding, but only if strong planning initiatives are implemented to manage their actions. Ultimately, this thesis contributes to the literature by outlining how institutional traps that hamper the public sector's ability to effectively manage water resources can encourage a broadening of water governance; however, broader stakeholder involvement ought to be managed to ensure it is in the best interest of all.




How China Escaped the Poverty Trap


Book Description

WINNER OF THE 2017 PETER KATZENSTEIN BOOK PRIZE "BEST OF BOOKS IN 2017" BY FOREIGN AFFAIRS WINNER OF THE 2018 VIVIAN ZELIZER PRIZE BEST BOOK AWARD IN ECONOMIC SOCIOLOGY "How China Escaped the Poverty Trap truly offers game-changing ideas for the analysis and implementation of socio-economic development and should have a major impact across many social sciences." ― Zelizer Best Book in Economic Sociology Prize Committee Acclaimed as "game changing" and "field shifting," How China Escaped the Poverty Trap advances a new paradigm in the political economy of development and sheds new light on China's rise. How can poor and weak societies escape poverty traps? Political economists have traditionally offered three answers: "stimulate growth first," "build good institutions first," or "some fortunate nations inherited good institutions that led to growth." Yuen Yuen Ang rejects all three schools of thought and their underlying assumptions: linear causation, a mechanistic worldview, and historical determinism. Instead, she launches a new paradigm grounded in complex adaptive systems, which embraces the reality of interdependence and humanity's capacity to innovate. Combining this original lens with more than 400 interviews with Chinese bureaucrats and entrepreneurs, Ang systematically reenacts the complex process that turned China from a communist backwater into a global juggernaut in just 35 years. Contrary to popular misconceptions, she shows that what drove China's great transformation was not centralized authoritarian control, but "directed improvisation"—top-down directions from Beijing paired with bottom-up improvisation among local officials. Her analysis reveals two broad lessons on development. First, transformative change requires an adaptive governing system that empowers ground-level actors to create new solutions for evolving problems. Second, the first step out of the poverty trap is to "use what you have"—harnessing existing resources to kick-start new markets, even if that means defying first-world norms. Bold and meticulously researched, How China Escaped the Poverty Trap opens up a whole new avenue of thinking for scholars, practitioners, and anyone seeking to build adaptive systems.




Institutional Economics Perspectives on African Agricultural Development


Book Description

"Millions of Africans spend their entire lives poor, hungry, and malnourished, and most depend on agriculture for their livelihoods, either directly or indirectly. Despite its potential to drive economic growth and poverty reduction, however, African agricultural development has remained disappointing-whether because of underinvestment or poor returns to investments. This book, Institutional Economics Perspectives on African Agricultural Development, is inspired by the conviction that effective African agricultural development requires building better institutions. It provides an accessible synthesis of new institutional economics theory and research into understanding and improving African agriculture, particularly smallholder agriculture. Interspersing theory with case studies from a wide range of countries, the book addresses such policy issues as how markets for different commodities and services function in different political, cultural, and economic contexts. It not only makes an important contribution to the existing literature, but also provides development practitioners, policymakers, and graduate students working-or intending to work-in these fields with essential knowledge and tools for addressing these challenges. OVERVIEW: Theoretical and Conceptual Framework; Exchange in Goods and Services; Natural Resources Management; and An Institutional Perspective on the State: Its Role and Challenges."




Understanding Market Reforms


Book Description

There has been a widespread move toward more market-oriented policies and institutions across the developing and former socialist countries. 31 country studies were undertaken to try to understand the divergent results of these reforms. This book presents the findings of these studies, synthesized on a regional and global basis.







The World Bank's Country Policy and Institutional Assessment


Book Description

The evaluation finds that the content of the World Bank s Country Policy and Institutional Assessment (CPIA) is largely relevant for growth and poverty reduction in the sense that it maps well with the determinants of growth and poverty reduction identified in the economics literature. However, some CPIA criteria need to be revised (in particular trade and finance), and one needs to be added (assessment of disadvantaged socio-economic groups). Second, the evaluation finds that the CPIA ratings are in general reliable and correlate well with similar indicators. The World Bank s internal review process helps guard against potential biases in having Bank staff rate countries on which their work programs depend. The CPIA ratings are found to correlate better with similar indicators for middle income countries than for low income countries. This could be because there is more information available on middle income countries, which increases the likelihood of different institutions having similar assessments on them. This could also be because the CPIA rating exercise takes into account the stage of development, which is more pertinent for low income countries, and which also subject the ratings of those countries to more judgment in an exercise that is already centered on staff judgment.




Global Trends 2040


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.




Poverty Reduction in the Course of African Development


Book Description

In light of the opportunities and the challenges facing African economies in the 21st century, this edited volume traces the evolution of poverty in the course of economic development in sub-Saharan Africa over the recent decades. By engaging with, and seeking to develop on, the work of Professor Erik Thorbecke, it examines the evolving dynamics of poverty in multiple dimensions. It also discusses how to lay down foundations for improved governance and institutions that will realize inclusive development in sub-Saharan Africa. Thus, the volume contributes to our understanding of dynamics of pro-poor growth and pro-growth poverty reduction, and to the on-going policy and academic debates on how to overcome fragility and vulnerability and secure inclusive development through socio-economic transformation in sub-Saharan Africa. The volume is divided into four parts; two overview chapters in Part 1 set out a common theme running through the volume. Four chapters in Part II examine an evolution of the poverty profile in different dimensions in sub-Saharan Africa since the new millennium. Part III presents three country case studies of tracing poverty dynamics under a country-specific institutional and policy environment. Part IV consists of three chapters, each of which addresses the question of how to advance an inclusive development agenda in sub-Saharan Africa, but from three different perspectives: structural changes, a governance framework, and an institutional foundation.




Housing Market Dynamics in Africa


Book Description

This open access book utilizes new data to thoroughly analyze the main factors currently shaping the African housing market. Some of these factors include the supply and demand for housing finance, land tenure security issues, construction cost conundrum, infrastructure provision, and low-cost housing alternatives. Through detailed analysis, the authors investigate the political economy surrounding the continent’s housing market and the constraints that behind-the-scenes policy makers need to address in their attempts to provide affordable housing for the majority in need. With Africa’s urban population growing rapidly, this study highlights how broad demographic shifts and rapid urbanization are placing enormous pressure on the limited infrastructure in many cities and stretching the economic and social fabric of municipalities to their breaking point. But beyond providing a snapshot of the present conditions of the African housing market, the book offers recommendations and actionable measures for policy makers and other stakeholders on how best to provide affordable housing and alleviate Africa’s housing deficit. This work will be of particular interest to practitioners, non-governmental organizations, private sector actors, students and researchers of economic policy, international development, and urban development.




Housing and Human Settlements in a World of Change


Book Description

The challenge of housing is increasingly recognised in international policy discussions in connection to the processes of migration, climate change, and economic globalisation. This book addresses the challenges of housing and emerging solutions along the lines of three major dynamics: migration, climate change, and neo-liberalism. It explores the outcomes of neo-liberal »enabling« ideas, responses to extreme climate events with different housing approaches, and how the dynamics of migration reshape the urban housing provision in a changing world. The aim is to contextualise the theoretical discourses by reflecting on the case study context of the eleven papers published in this book. With forewords by Raquel Rolnik (University Sao Paulo) and Mohammed El Sioufi (UN-Habitat).