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As global extreme poverty has fallen-by one measure, from close to 2 billion people in 1990 to about 700 million today-the world has learned about antipoverty strategies that work. These experiences should inform the final push to end extreme poverty. In the 1960s and 1970s, when close to half of the world was living in extreme poverty, the approach that worked best consisted of two sets of complementary measures: encouraging broad-based growth that is labor using, and investing in education, health, and family planning. When extreme poverty rates came down-first in East Asia and then in other parts of the developing world-it became clear that the two-point strategy to make economies grow and enable people to invest in human capital needed a social assistance supplement to help people with disadvantages so severe that they could not benefit from economic opportunities and better social services. This two-and-a-half-point strategy has been working well over the past quarter century, and the end of extreme poverty is in sight. But more people are now at risk of slipping back into poverty because of economic, natural, and health-related hazards. To end extreme poverty by 2030, the approach now needs three complementary components: economic growth, investments in people, and measures to insure against setbacks to families, nations, and regions due to disabilities, recessions, disasters, and disease. In countries that have reduced poverty a lot and those that could do a lot better, a winning game plan for putting a quick end to extreme poverty should be based on a three-point strategy: grow, invest, and insure.
Economic Growth --- Human Capital Accumulation --- Poverty --- Social Insurance
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By attending to the divergent forces and actors involved in property development in different geopolitical contexts, The Speculative City illustrates both the novelty and historical continuity of urbanization in the twentieth-first century.
Land speculation --- Urban renewal --- capital accumulation. --- development. --- financialization. --- globalization. --- governance. --- housing. --- mega projects. --- property. --- speculation. --- urban forms. --- urbanization.
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Over the past few decades, India has experienced a sudden and spectacular urban transformation. Gleaming business complexes encroach on fields and villages. Giant condominium communities offer gated security, indoor gyms, and pristine pools. Spacious, air-conditioned malls have sprung up alongside open-air markets. In Landscapes of Accumulation, Llerena Guiu Searle examines India's booming developments and offers a nuanced ethnographic treatment of late capitalism. India's land, she shows, is rapidly transforming from a site of agricultural and industrial production to an international financial resource. Drawing on intensive fieldwork with investors, developers, real estate agents, and others, Searle documents the new private sector partnerships and practices that are transforming India's built environment, as well as widely shared stories of growth and development that themselves create self-fulfilling prophecies of success. As a result, India's cities are becoming ever more inaccessible to the country's poor. Landscapes of Accumulation will be a welcome contribution to the international study of neoliberalism, finance, and urban development and will be of particular interest to those studying rapid-and perhaps unsustainable-development across the Global South.
Real property --- Economic development --- India --- Economic conditions --- India. --- capital accumulation. --- cities. --- communication. --- finance. --- markets. --- real estate. --- speculation. --- urban restructuring.
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Saving and investment --- -Accumulation, Capital --- Capital accumulation --- Capital formation --- Investment and saving --- Saving and thrift --- Capital --- Supply-side economics --- Wealth --- Investments --- Congresses --- -Congresses --- Accumulation, Capital --- Developing countries
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Through capital formation, the changes of the era are analysed: for instance, the boom in the wheat economy, the growth of the railways and the expansion of cities.
Saving and investment --- -Accumulation, Capital --- Capital accumulation --- Capital formation --- Investment and saving --- Saving and thrift --- Capital --- Supply-side economics --- Wealth --- Investments --- -Saving and investment --- Accumulation, Capital --- E-books
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Women --- Saving and investment. --- Finance, Personal. --- Accumulation, Capital --- Capital accumulation --- Capital formation --- Investment and saving --- Saving and thrift --- Capital --- Supply-side economics --- Wealth --- Investments
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Saving and investment --- Nigeria --- Economic conditions --- Accumulation, Capital --- Capital accumulation --- Capital formation --- Investment and saving --- Saving and thrift --- Capital --- Supply-side economics --- Wealth --- Investments
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Progress in educational development in the world since 1900 has been slow and uneven between countries. Providing basic education for all children in developing countries has been and remains an unmet challenge of governments and international organizations alike. This is in sharp contrast to recent findings in the economics literature on the catalytic role of human capital for economic growth and social development in general. Using a newly constructed matched data set on education and national accounts in the 1950 to 2010 period, this paper estimates the loss of income and equity associated with not having a faster rate of human capital accumulation, using alternative methodologies and specific country examples. Such loss is projected backward (1900-1950) and forward (2010-2050) using plausible assumptions regarding what countries could have done in the past or may do in the future to accelerate human capital formation. The findings suggest that the welfare loss in terms of per capita income conservatively ranges from about 7 to 10 percent. Improved educational attainment is also shown to have an effect in reducing income inequality.
Access & Equity in Basic Education --- Achieving Shared Growth --- Economic Growth --- Economic Theory & Research --- Education --- Education For All --- Educational Development --- Human Capital Accumulation --- Income Inequality --- Primary Education --- Social Development
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Progress in educational development in the world since 1900 has been slow and uneven between countries. Providing basic education for all children in developing countries has been and remains an unmet challenge of governments and international organizations alike. This is in sharp contrast to recent findings in the economics literature on the catalytic role of human capital for economic growth and social development in general. Using a newly constructed matched data set on education and national accounts in the 1950 to 2010 period, this paper estimates the loss of income and equity associated with not having a faster rate of human capital accumulation, using alternative methodologies and specific country examples. Such loss is projected backward (1900-1950) and forward (2010-2050) using plausible assumptions regarding what countries could have done in the past or may do in the future to accelerate human capital formation. The findings suggest that the welfare loss in terms of per capita income conservatively ranges from about 7 to 10 percent. Improved educational attainment is also shown to have an effect in reducing income inequality.
Access & Equity in Basic Education --- Achieving Shared Growth --- Economic Growth --- Economic Theory & Research --- Education --- Education For All --- Educational Development --- Human Capital Accumulation --- Income Inequality --- Primary Education --- Social Development
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