Author: Douglass C. NorthPublisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 50
Book Description
Limited Access Orders in the Developing World: a New Approach to the Problems of Development
Author: Douglass C. NorthPublisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 50
Book Description
Limited Access Orders in the Developing World
Author: Douglass C. NorthPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
The upper-income, advanced industrial countries of the world today all have market economies with open competition, competitive multi-party democratic political systems, and a secure government monopoly over violence. Such open access orders, however, are not the only norm and equilibrium type of society. The middle and low-income developing countries today, like all countries before about 1800, can be understood as limited access orders that maintain their equilibrium in a fundamentally different way. In limited access orders, the state does not have a secure monopoly on violence, and society organizes itself to control violence among the elite factions. A common feature of limited access orders is that political elites divide up control of the economy, each getting some share of the rents. Since outbreaks of violence reduce the rents, the elite factions have incentives to be peaceable most of the time. Adequate stability of the rents and thus of the social order requires limiting access and competition-hence a social order with a fundamentally different logic than the open access order. This paper lays out such a framework and explores some of its implications for the problems of development today.
Limited Access Orders in the Developing World: a New Approach to the Problems of Development
Author: Douglass C. NorthPublisher: World Bank Publications
ISBN:
Category : Collective
Languages : en
Pages : 50
Book Description
Abstract: The upper-income, advanced industrial countries of the world today all have market economies with open competition, competitive multi-party democratic political systems, and a secure government monopoly over violence. Such open access orders, however, are not the only norm and equilibrium type of society. The middle and low-income developing countries today, like all countries before about 1800, can be understood as limited access orders that maintain their equilibrium in a fundamentally different way. In limited access orders, the state does not have a secure monopoly on violence, and society organizes itself to control violence among the elite factions. A common feature of limited access orders is that political elites divide up control of the economy, each getting some share of the rents. Since outbreaks of violence reduce the rents, the elite factions have incentives to be peaceable most of the time. Adequate stability of the rents and thus of the social order requires limiting access and competition-hence a social order with a fundamentally different logic than the open access order. This paper lays out such a framework and explores some of its implications for the problems of development today.
Violence and Social Orders
Author: Douglass Cecil NorthPublisher: Cambridge University Press
ISBN: 0521761735
Category : Business & Economics
Languages : en
Pages : 345
Book Description
This book integrates the problem of violence into a larger framework, showing how economic and political behavior are closely linked.
In the Shadow of Violence
Author: Douglass C. NorthPublisher: Cambridge University Press
ISBN: 1107014212
Category : Business & Economics
Languages : en
Pages : 377
Book Description
This book explains how political control of economic privileges is used to limit violence and coordinate coalitions of powerful organizations.
Global Trends 2040
Author: National Intelligence CouncilPublisher: Cosimo Reports
ISBN: 9781646794973
Category :
Languages : en
Pages : 158
Book Description
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
From Keynes to Piketty
Author: Peter de HaanPublisher: Springer
ISBN: 1137600020
Category : Business & Economics
Languages : en
Pages : 530
Book Description
From Keynes to Piketty provides the reader with an accessible and entertaining insight into the development of economic thought over the past century. Starting with John Maynard Keynes's bestseller, The Economic Consequences of Peace (1919), and ending with Thomas Piketty's blockbuster, Capital in the Twenty First Century (2014), the author explains which dramatic political and economic events changed the way economists interpreted these events, and how they revolutionized the economic science. The book contains biographies of Keynes, Schumpeter, Galbraith, Hayek, Friedman, Hirschman, North, and Piketty, alongside others, and highlights their extraordinary lives and works, anecdotes about them, and their often sharp differences of opinion. Extensive summaries of their main works provide the interested scholar and student with an accurate presentation of their contents. A must-read for all those who wonder what happened to economics during the past century, and why.
Beyond Dependency
Author: Guy F. ErbPublisher: New York : Praeger Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 264
Book Description
Compilation of articles presenting the views of developing countries concerning the future development of the world economic system, economic relations and international relations - discusses topics such as self reliance and interdependence, critical political problem areas such as the role of multinational enterprise and foreign investment, population policy, international monetary reform, multilateral aid, the role of UN, the world balance of political power, etc. References.
State-Building in Kosovo
Author: Andrea Lorenzo CapusselaPublisher: Bloomsbury Publishing
ISBN: 1786739836
Category : Political Science
Languages : en
Pages : 320
Book Description
The history of Kosovo is a complicated one which typifies the darker side of modern Balkan history. Milosevic s Serbia withdrew from Kosovo in 1999 and the province was handed over to a special UN body who governed until 2008, when the West allowed Kosovo to become independent. The aim was to erect a stable and well governed democracy, but the outcome was a fragile state, which still threatens the stability of the Balkans and Europe s internal security. How did this happen? Here, Andrea Lorenzo Capussela offers an inside look at the process of building democracy in Kosovo. As head of the economics unit of Kosovo s international supervisor, Capussela has had access to previously unknown sources and information regarding the roles of the EU and the US in the crisis. This will be an essential reading for those studying the Kosovo crisis.
World Development Report 2019
Author: World BankPublisher: World Bank Publications
ISBN: 1464813566
Category : Business & Economics
Languages : en
Pages : 148
Book Description
Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report will study how the nature of work is changing as a result of advances in technology today. Technological progress disrupts existing systems. A new social contract is needed to smooth the transition and guard against rising inequality. Significant investments in human capital throughout a person’s lifecycle are vital to this effort. If workers are to stay competitive against machines they need to train or retool existing skills. A social protection system that includes a minimum basic level of protection for workers and citizens can complement new forms of employment. Improved private sector policies to encourage startup activity and competition can help countries compete in the digital age. Governments also need to ensure that firms pay their fair share of taxes, in part to fund this new social contract. The 2019 World Development Report presents an analysis of these issues based upon the available evidence.