The Political Economy Of Substitution Policy
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The Political Economy Of Substitution Policy
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Author : Sidney Hayden Lesbirel
language : en
Publisher:
Release Date : 1988
The Political Economy Of Substitution Policy written by Sidney Hayden Lesbirel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Energy development categories.
A Thesis On The Rationales Of Import Substitution Industrialization Strategy
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Author : Hong Liang
language : en
Publisher: Universal-Publishers
Release Date : 1997-10
A Thesis On The Rationales Of Import Substitution Industrialization Strategy written by Hong Liang and has been published by Universal-Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-10 with Business & Economics categories.
The purpose of this research paper is to try to clarify and evaluate the major issues and arguments in the debate on Import Substitution Industrialization Strategy (ISI) between the neoclassical economists and the development economists. In particular, it will focus on some basic underlying models employed by the two schools of thought, rather than on specific policy recommendations given by either school. It will conclude that the critiques against ISI from the neoclassical economists are based on a static equilibrium model, which can not fully comprehend the dynamic relationship between growth and ISI at a macroeconomic level. This paper starts by examining the historical background and formative influences of ISI, then goes on to compare and contrast the structuralist rationales for ISI and neoclassical rationales against it. The conclusion I reached is that the fundamental rationales behind ISI-- the infant industry argument, external economies and linkages effects--remain intellectually valid. The issue of terms of trade has important relevance to development economics but should be studied in a different context. The general conclusion of this paper is that import substitution as an industrialization strategy remains viable and may be of great importance or less developed countries that want to catch up economically with industrialized countries.
The Political Economy Of Trade Reform In Emerging Markets
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Author : Peter Draper
language : en
Publisher: Edward Elgar Publishing
Release Date : 2009-01-01
The Political Economy Of Trade Reform In Emerging Markets written by Peter Draper and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-01 with Political Science categories.
. . . few if any other recent volumes offer a historical perspective on evolving trade policy in several countries, this well-written, well-edited volume. . . is suitable for graduate and research libraries. M. Larudee, Choice This book is a refreshing reminder of the benefits of unilateral trade liberalisation in countries whose leaders dare. An important story told with clarity and authority. Ross Garnaut, The Australian National University, Australia That trade liberalization is good for emerging market economies, and not just for the rich ones, is now widely accepted by both economists and policy-makers. But the question remains: how can these reforms be implemented in practice? The answer to that important question lies in understanding the political economy of each reforming country. This book makes a splendid contribution to our understanding of this issue by examining the experience of several countries. It is therefore an important book to be read by, not just students and researchers, but also policy-makers worldwide. Jagdish Bhagwati, Columbia University, US This timely book brings fresh analysis to the important issue of trade policy reform in emerging markets. The subject matter and its significance are comprehensively introduced with a review of developing country liberalization since the 1980s providing an analytical framework for the seven country case studies that follow. The case studies (Australia, Brazil, Chile, India, Malaysia, New Zealand, and South Africa) cover a wide variety of political, historical and economic issues, but all make clear the important role that crisis, or the threat of it, plays in meaningful trade policy reform. This is of particular relevance in the current global financial crisis. These studies, together with the conclusions which are drawn from them, show how important the trade liberalization agenda remains in the 21st century. Written by a combination of both experts and practitioners, this highly topical book will make productive reading for policy makers concerned with trade policy in developed and developing countries, as well as scholars working in trade policy. Postgraduate students studying international business, international relations, economics, politics, and international law should not be without this book.
The Political Economy Of Fiscal Policy
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Author : Miguel Urrutia
language : en
Publisher: United Nations University Press
Release Date : 1989
The Political Economy Of Fiscal Policy written by Miguel Urrutia and has been published by United Nations University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Business & Economics categories.
The book represents an attempt to test the applicability of this hypothesis, through a comparative study of the fiscal policy and decision-making process of six countries that, taken together, represent a broad range of political and bureaucratic systems.
Political Economy Of Policy Reform In Developing Countries
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Author : Anne O. Krueger
language : en
Publisher: MIT Press
Release Date : 2002-10
Political Economy Of Policy Reform In Developing Countries written by Anne O. Krueger and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-10 with Business & Economics categories.
In this examination of the political economy of economic policy determination and evolution in developing countries, Anne Krueger provides concrete insights into the interaction of economic and political variables that determine the success or failure of such policies an understanding that is essential if economists are to provide realistic technical assistance in the formulation of economic policy reform programs. The debt crisis of the 1980s accompanied an era of slow economic growth. Developing countries had widely divergent experiences. Some, like the East Asian countries, weathered the recession to resume and even accelerate growth and to lower their debt-servicing ratios. Others, like those in Africa and Latin America, fell into slow or even negative growth, were unable to tighten their debt burden, and experienced declines in per capita income. Krueger analyzes the interaction of politics and economics in experience with slow growth and debt crisis in terms of three major themes. The first is that politically determined policies have economic consequences that can and do change the political equilibrium that generated those policies. Second, the analysis of the political economy of economic policy determination in developed countries can only be undertaken on the basis of assumptions about the nature of government. These two themes, which have been taken up in current economics and political science literature, imply yet a third and less frequently noted proposition that neither economic policies or governments can be looked at as enduring phenomena. Both the nature of the government and the economic policies can be changed according to the political and economic responses one sets off in the other, resulting in various types of "policy cycles" that need to be better understood.
International Trade Policy Formation
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Author : Wolfgang Mayer
language : en
Publisher: World Scientific Publishing Company Incorporated
Release Date : 2013
International Trade Policy Formation written by Wolfgang Mayer and has been published by World Scientific Publishing Company Incorporated this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Business & Economics categories.
Specifically, it explores the robustness of the Heckscher - Ohlin framework and its two core propositions - the Stolper - Samuelson and Rybczynski theorems - by relaxing its underlying assumptions in four ways: limiting the inter-industry mobility of factors of production in the short run; allowing for industry economies of scale; introducing uncertainty of commodity prices; and endogenizing a country's supply of labor. Part II addresses issues related to first-best trade policies which had gained prominence during the period of multilateral trade liberalization under the auspices of the GATT, such as: the scope and limits of negotiated tariff agreements; first-best policy justifications for import restrictions and export promotions; and the use of import-quality standards as a substitute for tariffs. Part III explores the political economy of trade policy formation.
The Political Economy Of Poverty Equity And Growth A Comparative Study
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Author : Deepak Lal
language : en
Publisher: Oxford University Press
Release Date : 1998-10-08
The Political Economy Of Poverty Equity And Growth A Comparative Study written by Deepak Lal and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-10-08 with Business & Economics categories.
This wide-ranging and innovative book synthesises the findings of a major international study of the political economy of poverty, equity, and growth. It is based primarily on analytical economic histories of 21 developing countries from 1950 to 1985, but also takes account of the wider literature on the subject. The authors take an ambitious interdisciplinary approach to identify patterns in the interplay of initial conditions, instiuttions, interests, and ideas which can help toexplain the different growth and poverty alleviation outcomes in the Third World.Three different types of poverty are distinguished, based on their causes, and a more nebulous idea of equityin contrast to egalitarianismis shown to have influenced policy. Since growth is found to be the major means of alleviating mass structural poverty, much of the book is concerned with discovering explanations for policies which are found to be the most important influences on the proximate causes of growth. Lal and Mynt also consider the available evidence on the role of directtransferspublic and privatein alleviating destitution and conjunctural poverty.The Political Economy of Poverty, Equity, and Growth develops a novel framework for the comparative analysis of different growth outcomes. This framework distinguishes between the different relative factor endowments of land, labour, and capital, and between the different organizational structures of pesent versus plantation and mining economies. It also differentiates between the polities of 'autonomous' and 'factional' states in the countries studied, breaking the analysis down intofurther typological subdivisions and providing important new insights into the differing behaviour of economies that are rich in natural resources and those with abundant labour. These insights constitute a richer explanation for the divergent developmental outcomes in East Asia compared with Latin Americaand Africa.The evidence collated is used to argue for the continuing relevance of the classical liberal viewpoint on public policies for development, and to show why, even so, nationalist ideologies are likely to be adopted and lead to cycles of interventionism and liberalism. The evidence is also used to provide an explanation for the surprising current worldwide Age of Reform.
Studies In Political Economy
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Author : Sir Donald MacDougall
language : en
Publisher: Springer
Release Date : 1975-06-18
Studies In Political Economy written by Sir Donald MacDougall and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975-06-18 with Political Science categories.
Studies In Political Economy Of Development
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Author : Ignacy Sachs
language : en
Publisher: Elsevier
Release Date : 2013-10-22
Studies In Political Economy Of Development written by Ignacy Sachs and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-22 with Business & Economics categories.
Studies in Political Economy of Development is a collection of texts that elucidate the various aspects of political economy and proposes strategies and plans to attain a genuine and comprehensive economic development. The book covers a broad range of topics on development planning, with particular focus on mixed economies. Chapters are devoted to the discussion of long-term planning on mixed economies; strategies for industrial development; significance of foreign trade; and a review of the principal forms of economic aid and its evaluation. The text also presents an analysis of the problems and policies of economic development and technology issues of Latin America. The final chapter deals with the political economy of environment. Economists, political scientists, and policymakers will find this book invaluable.
Is The New Political Economy Relevant To Developing Countries
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Author : Ronald Findlay
language : en
Publisher: World Bank Publications
Release Date : 1989
Is The New Political Economy Relevant To Developing Countries written by Ronald Findlay and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Developing countries categories.
Can the methods and spirit of the new political economy be used to explain common features of Third World experience -- such features as the extensive growth of government relative to the private sector, the intensity of trade restrictions and the import substitution syndrome, the urban bias of economic policy and resource allocation, and the heavy dependence on foreign capital?