Handbook of Alternative Theories of Economic Development Edited by : Erik S. Reinert, Jayati Ghosh and Rainer Kattel

The Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable alternatives to today’s mainstream and neo-classical tenets. With a total of 40 specially commissioned chapters, written by the foremost authorities in their respective fields, this volume represents a landmark in the field of economic development. It elucidates the richness of the alternative and sometimes misunderstood ideas which, in different historical contexts, have proved to be vital to the improvement of the human condition.   For more click >> Handbook (Download the full text in PDF format)

Handbook Of Alternative Theories Of Economic Development Edited By : Erik S. Reinert, Jayati Ghosh And Rainer Kattel

A Note on Estimating Income Inequality across countries using PPP Exchange Rates Jayati Ghosh

The use of exchange rates based on Purchasing Power Parities to compare income across countries and over time has become standard practise. But there are reasons to believe this could lead to excessively inflated incomes for poor countries and in some cases also inflate the extent of real changes over time. Estimates of gross domestic product growth in Chinese and Indian economies in recent years provide examples of this. ELRR_PPP_Exchange_Rates (Download the full text in PDF format) (This article was originally posted in the Economic and Labour Relations Review on January 30, 2018.)

The Financialization of Everything Servaas Storm

The following article forms the Introduction to a set of 10 articles which assess the logic and consequences of ‘financialization’ across a range of geographic, economic and social scales — deep down, at the level of ‘ideas’, and also by providing ‘knock-out evidence’ on the social inefficiency of a capitalism ‘without compulsions’ for finance. The authors in the Debate expose how establishment economics has been hiding its reactionary political agenda behind the pretence of scientific neutrality. The financial emperor wears no clothes. Full Article (This article was originally posted at Wiley Online Library on January 24, 2018.)

Economic Development for Transformative Structural Change

Economic Development for Transformative Structural Change: Lack of Alternatives Is Not the Problem (pt 1/4) Historically all major thinkers about the economy were development economists as they saw the economy going through transformative structural changes and that is what they studied, says co-editor of The Handbook of Alternative Theories of Economic Development. Economic Development for Transformative Structural Change (pt.2/4) 1947 was a year of political ambition, says a panelist for the book launch of The Handbook of Alternative Theories of Economic Development in posing the question, "Do we have that same level of ambition in the current crop of international…

Understanding Economic Development and Demolishing Neoliberal Development Myths Erik Reinert, Jayati Ghosh and Rainer Kattel

We have recently co-edited a book (The Handbook of Alternative Theories of Economic Development, Edward Elgar 2016, also available as an e-book on http://www.ebooks.com/95628740/handbook-of-alternative-theories-of-economic-development/reinert-erik-s-ghosh-jayati-kattel-rainer/) that seeks to bring back the richness of development economics through many different theories that have contributed over the ages to an understanding of material progress. The underlying approach is based on this quotation from nearly four centuries ago: “There is a startling difference between the life of men in the most civilised province of Europe, and in the wildest and most barbarous districts of New India. This difference comes not from the soil, not from…

Economic Development and Financial Instability: Selected essays Author: Jan A. Kregel

Edited by Rainer Kattel Foreword by G. C. Harcourt Publisher: Anthem Press ISBN-9781783083824 About the Book Jan A. Kregel is considered to be "the best all-round general economist alive" (G. C. Harcourt). This is the first collection of his essays dealing with a wide range of topics reflecting the incredible depth and breadth of Kregel's work. These essays focus on the role of finance in development and growth. Kregel has expanded Minsky's original postulate that in capitalist economies stability engenders instability in international economy, and this volume collect's Kregel's key works devoted to financial instability, its causes and effects. The…

Economic Development And Financial Instability: Selected Essays Author: Jan A. Kregel

Public Management, Policy Capacity, Innovation and Development Erkki Karo and Rainer Kattel

This paper discusses how and why policy capacity evolves; and why under certain circumstances complementarities or mismatches between the public and private sectors emerge. Public_Management (Download the full text in PDF format) (This paper was originally published in the Brazilian Journal of Political Economy, vol. 34, nº 1 (134), pp. 80-102, January-March/2014.)

Economic Growth, Employment and Poverty Reduction: A comparative analysis of Chile and Mexico Alicia Puyana

This study attempts to explain the evolution of poverty and income concentration in Chile and Mexico. It focuses on the impact that changes in the rates and pattern of economic growth have had on poverty. The author concludes that since the rise in labour productivity was not accompanied by an increase in total production, there was a sustained reduction of the GDP elasticity of employment, which resulted in poverty. economic_growth (Download the full text in PDF format) (This ILO Employment Working Paper No-78, 2011 has been hosted with due permission from ILO.)

Public Research Universities in Latin America and their Relation to Economic Development Juan Carlos Moreno-Bridand Pablo Ruiz-Nápoles

This paper argues that strengthening Latin Americas´ public universities, and in general institutions of higher learning and research, is a key requirement to build the competitive productive structure that may trigger and sustain a long-term economic expansion. Without it Latin America will not keep pace with advances in science and technology, and have the capacity to adapt them to finally succeed in its yet quest for economic development. The paper explores the channels through which public research universities favor economic growth in Latin America, and how this system can be widened, made more efficient, and effectively used in the promotion…

Ideas, Policies and Economic Development in the Americas Edited by Esteban Perez Caldentey and Matias Vernengo

Publisher: Taylor & Francis Group ISBN-10: 1138806315 ISBN-13: 978-1138806313 Contributing Authors: Luiz Carlos Bresser-Pereira, James M. Cypher, Kenneth P. Jameson, Julio Lopez Gallardo, Carlos Mallorquin, Ricardo Mansilla, Juan Carlos Moreno-Brid, Jose Antonio Ocampo, Maria Angela Parra, Esteban Pérez Caldentey, Jaime Ros, Diego Sanchez-Anchochea and Matias Vernengo. About the Book The interplay of ideas and policies is central to understanding the historical evolution of economies. Ideas shape economic institutions and real economic constraints are the source of new economic ideas. The history of economic ideas, both those that are fairly recent and those that are considerably older, may provide a fertile ground for new…

Ideas, Policies And Economic Development In The Americas Edited By Esteban Perez Caldentey And Matias Vernengo
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