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book (6)

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Book
Trade and development : a review of the issues
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Year: 1989 Publisher: Leuven KUL. Centrum voor economische studiën

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Paraguay : economic memorandum.
Authors: ---
Year: 1979 Publisher: Washington (D.C.) World Bank

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Did the Millennium Development Goals work? : meeting future challenges with past lessons
Authors: --- ---
ISBN: 9781447335702 9781447335726 9781447335733 9781447335719 1447335724 1447335740 1447335716 1447335708 1447335732 Year: 2017 Publisher: Bristol, UK : Policy Press,

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Leading scholars and practitioners from a range of backgrounds and regions use area-specific case studies to critically assess the Millennium Development Goal (MDG) project and its impact.


Book
Food for all : international organizations and the transformation of agriculture
Authors: --- --- ---
ISBN: 0198755171 0191816531 0191071439 0191071420 Year: 2021 Publisher: Oxford University Press

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Many developing countries are falling behind sustainable development goals: food and nutrition levels have deteriorated due to conflict, climate change, and the Covid pandemic, while global ambitions for achieving sustainable food security and adequate nutrition have increased. But what are the prospects of achieving sustainable, healthy food for all? What is the best response to concerns about growing differentiation among developing countries in terms of domestic agricultural and industrial performance? 'Food for All' explores how developments since these organizations were established have led to changes in the provision of international financial and technical assistance in support of the global food and agriculture system and how developing countries' own efforts have helped transform them.


Book
The 1991 Reforms, Indian Economic Growth, and Social Progress
Authors: --- ---
Year: 2013 Publisher: Cambridge, Mass. National Bureau of Economic Research

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This paper analyzes the effects of the reforms initiated in India following the balance of payments (BOP) crisis of 1991 on economic performance. We do not find persuasive the contention of many analysts that growth accelerated after the mid-1980s when reforms were initiated. Nor does statistical analysis support the contention that reforms in the mid-1980s resulted in a growth acceleration. We show that there is an accelerating rate of growth of GDP after the mid 1970s and it is difficult to relate this gradual acceleration to specific policy changes. The changed policies in the 1980s did not mean a basic change in the policy framework. Furthermore, since corporate investment as a share of GDP did not increase in the 1980s it is difficult to identify the mechanism by which the more pro-business policies of the government were translated to higher growth. We also find that the differences with East Asia and particularly China depend on the basis of the comparison. We compare changes in performance since the reforms, which started in China in 1979 and in India in 1991. Such a comparison shows more similarities than differences. We finally examine social progress. We find that South Asia lags behind other regions in making progress towards the Millennium Development Goals (MDGs) and India lags behind other South Asian countries. The responsiveness of the improvement in the MDGs to increases in per capita income is usually low in Asia and particularly in India.

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Book
Linking External Sector Imbalances and Changing Financial Instability before the 2008 Financial Crisis
Authors: --- --- --- --- --- et al.
Year: 2011 Publisher: Cambridge, Mass. National Bureau of Economic Research

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The G20 Framework for Strong, Sustainable and Balanced Growth builds on the claim that growing imbalances before the 2008 Financial Crisis were a major cause of the crisis, and the further claim that reducing imbalances post crisis must be a central part of any effort to prevent a further occurrence. Analytical literature in economics seemingly does not provide satisfactory measures of financial instability, either in individual national economies or in the combined global economy; nor ways of linking imbalance change to either worsening or improving financial (or real) instability and the onset of financial crises. Here we focus on the external sector component of financial instability and link changes in country imbalances to individual economy growth rates in ways when summed across countries produce indices of expected worsening or improving financial instability at different points in time. We compute a variety of such indices for the years immediately before the 2008 Financial Crisis. We use the sum of the absolute value of external sector imbalances across countries (the trade imbalance, or the current account imbalance) as a proportion of the combined GDP of countries and link them in various ways to country growth rates. An increasing measure under an index is an indication of future widening excess demands and supplies over all countries as a group relative to gross world product. This, in turn, is an indication of increasing severity of adjustment problems ahead, and hence expected worsening financial instability. We compute such indices for all G20 countries, and various subsets of countries (G2, G8, G8+5) and examine their behavior over the period 2004-2007. Our results suggest that depending upon the index used and the base date chosen for comparative purposes in determining changes, different implications emerge for the linkage between external sector imbalances, perceived future instability and hence the onset of a financial crisis. The implication we drawn is that the links between imbalances and both the onset and best policy response to the 2008 Financial Crisis asserted by the G20 may be more tenuous than claimed. Indeed no such links were suggested earlier for the 1930s, the Asian Financial Crisis or any other crisis. In turn economies have functioned with larger imbalances relative to GDP than in 2008 for considerable periods of time and with no financial implosion (UK in the pre World War I period; Germany and Australia in the 1990s).

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