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Turbulence and Order in Economic Development

2018 Business & Economics
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Release : 2018
Genre : Business & Economics
Kind : eBook
Book Rating : 645/5 ( reviews)

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Book Synopsis Turbulence and Order in Economic Development by : Hazel Gray

Download or read book Turbulence and Order in Economic Development written by Hazel Gray. This book was released on 2018. Available in PDF, EPUB and Kindle. Book excerpt: This book studies economic development in two of the world's fastest growing developing countries, Tanzania and Vietnam, by examining the interplay between market liberalization, institutions, and the distribution of power in society.

Turbulence and Order in Economic Development

2018 Economic development
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Release : 2018
Genre : Economic development
Kind : eBook
Book Rating : 029/5 ( reviews)

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Book Synopsis Turbulence and Order in Economic Development by : Hazel Gray

Download or read book Turbulence and Order in Economic Development written by Hazel Gray. This book was released on 2018. Available in PDF, EPUB and Kindle. Book excerpt:

Turbulence and Order in Economic Development

2018-02-08 Business & Economics
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Release : 2018-02-08
Genre : Business & Economics
Kind : eBook
Book Rating : 018/5 ( reviews)

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Book Synopsis Turbulence and Order in Economic Development by : Hazel Gray

Download or read book Turbulence and Order in Economic Development written by Hazel Gray. This book was released on 2018-02-08. Available in PDF, EPUB and Kindle. Book excerpt: The terms of debate on the role of institutions in economic development are changing. Stable market institutions, in particular, secure private property rights and democratically accountable governments that uphold the rule of law, are widely seen to be a pre-requisite for economic transformation in low income countries, yet over the last thirty years, economic growth and structural transformation has surged forward in a range of countries where market and state institutions have differed these ideals, as well as from each other. Turbulence and Order in Economic Development studies the role of the state in two such countries, examining the interplay between market liberalization, institutions, and the distribution of power in Tanzania and Vietnam. Tanzania and Vietnam were two of the poorest countries in the world in the early 1980s but over the last thirty years, both have experienced significant changes in the pace and character of economic development. While both countries experienced faster rates of GDP growth, their paths of economic transformation were very different as Vietnam experienced rapid poverty reduction associated with the expansion of manufacturing while Tanzania's path of industrialization was characterized by the rise of mining and a much slower pace of poverty reduction. Employing a political settlements approach, this book considers the comparative role of the state in driving economic transformation. In both countries, the experiences of socialism continued to shape the role of the state in the economy even after extensive market liberalization, however, the distribution of political and economic power was very different. This had important consequences for the overlapping role of the state in generating political order and in driving economic transformation. Turbulence and Order in Economic Development studies the formal and informal ways that the state influenced economic transformation through its role in public financial management, land and industrial policy.

Development in Turbulent Times

2019-03-20 Business & Economics
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Release : 2019-03-20
Genre : Business & Economics
Kind : eBook
Book Rating : 612/5 ( reviews)

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Book Synopsis Development in Turbulent Times by : Paul Dobrescu

Download or read book Development in Turbulent Times written by Paul Dobrescu. This book was released on 2019-03-20. Available in PDF, EPUB and Kindle. Book excerpt: This open access book explores the most recent trends in the EU in terms of development, progress, and performance. Ten years after the 2008 economic crisis, and amidst a digital revolution that is intensifying the development race, the European Union, and especially Central and Eastern Europe, are ardently searching for their development priorities. Against this background, by relying on a cross-national perspective, the authors reflect upon the developmental challenges of the moment, such as sustainable development, reducing inequality, ensuring social cohesion, and driving the digital revolution. They particularly focus on the relation between the less-developed Eastern part of the EU and its more developed Western counterpart, and discuss the consequences of this development gap in detail. Lastly, the book presents a range of case studies from different areas of governance, such as economy and commerce, health services, education, migration and public opinion in order to investigate the trends most likely to impact the European Union's medium and long-term development.

Economic Turbulence

2008-09-15 Business & Economics
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Release : 2008-09-15
Genre : Business & Economics
Kind : eBook
Book Rating : 342/5 ( reviews)

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Book Synopsis Economic Turbulence by : Clair Brown

Download or read book Economic Turbulence written by Clair Brown. This book was released on 2008-09-15. Available in PDF, EPUB and Kindle. Book excerpt: Every day, in every sector of our economy, a business shuts down while another starts up, jobs are created while others are cut, and workers are hired while others are laid off. This constant flux, or turbulence, is a defining characteristic of our free market system, yet it mostly inspires angst about unemployment, loss of earnings, and the overall competitiveness of corporations. But is this endless cycle of fluctuation really so bad for America? Might something positive be going on in the economy as a result of it? In this penetrating work, three esteemed economists seek to answer these questions by exploring the real impact of volatility on American workers and businesses alike. According to the authors, while any number of events--shifts in consumer demand, changes in technology, mergers and acquisitions, or increased competition--can contribute to economic turbulence, our economy as a whole is, by and large, stronger for it, because these processes of creation and destruction make it more flexible and adaptable. The authors also acknowledge and document the adverse consequences of this turbulence on different groups of workers and firms and discuss the resulting policy challenges. Basing their argument on an up-close look into the dealings and practices of five key industries—financial services, retail food services, trucking, semiconductors, and software—the authors demonstrate the positive effects of turbulence on career paths, employee earnings, and firm performance. The first substantial attempt to disentangle and make clear the complexities of this phenomenon in the United States, Economic Turbulence will be viewed as a major achievement and the centerpiece of any discussion on the subject for years to come.

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