Studies in Development Strategy and Systemic Transformation

By: K. Griffin

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Hardcover | 15 May 2000 | Edition Number 1

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352 Pages

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21.59 x 13.97 x 2.39

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Studies in Development Strategy and Systemic Transformation examines many of the leading issues in economic development. In Part I, Professor Griffin analyses strategic visions: the role of culture in long-term economic growth; globalization and its implications for the territorial state and global governance; the human development strategy; and the effects of the distribution of productive assets on the pace of development. Part II is concerned with systemic transformation and macroeconomic reform. Alternative reform strategies are analysed for countries trying to effect a transition from centrally-planned to market-oriented economies. Shock therapy is severely criticized. An alternative approach to macroeconomic reform also is presented for sub-Saharan Africa, in which emphasis is placed on an investment-led strategy of structural development. A separate chapter is devoted to how an investment-led strategy could be financed with domestic resources alone. Part III contains three case studies of low-income transition economies, two of which are examples of success (Vietnam and China) and one an example of failure (Kazakhstan).

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List of Tables and Figure	p. x
Preface	p. xii
Introduction	p. 1
Strategic Visions
Culture, Human Development and Economic Growth	p. 15
The sources of economic growth	p. 16
Does growth promote human development?	p. 18
Does human development promote growth?	p. 20
Inequality and growth revisited	p. 22
Culture and the state	p. 24
Globalization and cultural interchange	p. 27
The intrinsic and instrumental values of culture	p. 30
Globalization and the Shape of Things to Come	p. 33
Is globalization a new phenomenon?	p. 34
Asymmetrical liberalization	p. 36
Globalization and economic space	p. 39
The squeeze on the state	p. 42
Global governance	p. 46
Globalization, culture and development: the long view	p. 51
Human Development: Origins, Evolution and Impact	p. 53
Origins	p. 53
Evolution	p. 55
Measurement	p. 56
Institutionalization	p. 61
Impact	p. 63
The Distribution of Wealth and the Pace of Development (with Amy Ickowitz)	p. 66
Empirical evidence	p. 67
Theoretical explanations	p. 75
Evidence from country studies	p. 84
Policy implications	p. 88
Systemic Transformation and Macroeconomic Reform
Economic Policy during the Transition to a Market-Oriented Economy	p. 95
Economic performance during the transition	p. 97
Alternative reform strategies	p. 116
The role of the state	p. 127
Macroeconomic Reform and Employment: an Investment-Led Strategy of Structural Adjustment in Sub-Saharan Africa	p. 139
Stabilization	p. 144
Structural adjustment	p. 151
Structural adjustment in the external sector	p. 159
Investment: the neglected path to adjustment	p. 161
Labour and adjustment through contraction	p. 163
The structure of incentives	p. 167
Investment and the role of the state	p. 170
Domestic Resource Mobilization and Enterprise Development in Sub-Saharan Africa	p. 179
Stabilization, structural adjustment and an investment-led strategy	p. 180
Financing investment-led adjustment: external sources	p. 183
Domestic financing for investment-led adjustment: the private sector	p. 192
Domestic financing for investment-led adjustment: the public sector	p. 195
The informal sector	p. 200
Investment-led structural adjustment: programmatic elements	p. 208
Conclusions	p. 230
Case Studies
Structural Adjustment and Macroeconomic Reform in Vietnam	p. 237
Structural change	p. 240
The accumulation of capital	p. 241
Are the data credible?	p. 244
The nature and sequence of policy reforms	p. 246
Employment, Poverty and Social Protection in Kazakhstan	p. 251
Objectives of development	p. 251
Systemic reform in Kazakhstan	p. 255
The outcome of the reform process	p. 259
Elements of a revised strategy	p. 263
A note on poverty concepts and poverty lines in Kazakhstan	p. 277
Poverty Reduction in China	p. 281
The nature and causes of China's poverty problem	p. 281
China's poverty reduction strategy	p. 286
Restructuring China's poverty reduction strategy	p. 288
Conclusion	p. 295
Notes	p. 297
Index	p. 321
Table of Contents provided by Syndetics. All Rights Reserved.

Studies in Development Strategy and Systemic Transformation

At a Glance

Hardcover

Shipping

How to return your order

Defective items

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