Since 1960, two-thirds of very large governmental projects in Nigeria have not only failed, but been abandoned mid-course. This presents a bigger failure rate than mega projects elsewhere, and yet there is no available data or analysis to help us understand the reasons behind such failures. This book provides an authoritative examination into why very large projects in Nigeria have failed so ba…
"In Globalization and the Poor Periphery before 1950 Jeffrey Williamson examines globalization through the lens of both the economist and the historian, analyzing its economic impact on industrially lagging poor countries in the nineteenth and early twentieth centuries. Williamson argues that industrialization in the core countries of northwest Europe and their overseas settlements, combined wi…
In Escape from Empire, Alice Amsden argues that the more freedom a developing country has to determine its own policies, the faster its economy will grow. America's recent inflexibility - as it has single-mindedly imposed the same rules, laws, and institutions on all developing economies under its influence - has been the backdrop to the rise of two new giants, China and India, who have built e…
An overview of the financial vulnerability of emerging market economies and how the impact of exchange rate regimes affects this vulnerability.The 1994-1995 Mexican crisis was the first in a succession of financial crises to hit emerging markets in Thailand, Indonesia, Malaysia, South Korea, Russia, Brazil, Argentina, and Turkey. In almost all these cases, problems in the banking sector played …
Over the past three decades the developing world has seen increasing devolution of political and economic power to local governments. Decentralization is considered an important element of participatory democracy and, along with privatization and deregulation, represents a substantial reduction in the authority of national governments over economic policy. The contributors to Decentralization a…
Providing case studies of debt defaults by Russia, Ukraine, Pakistan, Ecuador, Moldova, and Uruguay, framed by a discussion of the history, economic theory, legal issues, and policy lessons of sovereign debt crises, this work examines the facts, economic theory, and policy implications of sovereign debt crises.OCLC-licensed vendor bibliographic record.
This work explores how the rise of globalization over the past two centuries helps explain the income gap between rich and poor countries today.OCLC-licensed vendor bibliographic record.
"A look at the effects of globalization on within-country inequality and implications of policies to address this"--OCLC-licensed vendor bibliographic record.
Economic growth across countries during the last 30 years or so has displayed 'dual' divergence between developed and developing countries, and among developing countries. The structural transformation has been either slow or of an anomalous nature. The study addresses these and suggests how they can catch-up with developed world.