Social Sector Spending, Governance and Economic Development PDF Download

Author: Ramesh Chandra Das
Publisher: Taylor & Francis
ISBN: 1000837408
Category : Business & Economics
Languages : en
Pages : 277

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Book Description
Economic development depends heavily on the growth of social sectors like education, healthcare, gender equality, as well as factors like income, consumption, investment and trade. This book examines the interlinkages between development, good governance and spending on social growth. The book focuses on different areas of social growth, public welfare and poverty reduction including managing human resources, corruption in public institutions and public spaces as well as health and welfare measures. The chapters in the volume highlight the role of government interventions in boosting human development – particularly in developing countries in Asia and Africa and many developed countries in the post-COVID scenario. The book also examines the foundations of government spending on development and effective governance while underlining the impact which social growth has on the economy. Rich in theoretical and empirical perspectives, this book will be useful for students and researchers of economics, sociology, political studies, public finance, development studies as well as for policymakers and think tanks working in the areas of human development.

Author: Ramesh Chandra Das
Publisher: Taylor & Francis
ISBN: 1000892301
Category : Business & Economics
Languages : en
Pages : 319

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Book Description
This volume explores the impact of good governance upon social sectors’ development in India and other selected economies of the world. Economic development in the true sense depends on the development of different social sectors like education, healthcare, gender equality, etc., as well as economic factors. Good governance makes the sectors perform well on the one hand, and helps in economic growth and development on the other. Conversely, bad or weak governance in the form of corruption and low effectiveness of the governments, may lead to poor performance of the sectors, and low growth and backwardness of the economies. This book explores the associations between different social sectors’ performances with quality of governance, and growth and development of different economies and groups in detail and establishes theoretical and empirical examinations for the individual economies and groups from the different corners of the globe with the help of new theories and latest data. This book will be useful for students and researchers in the fields of Economics, Sociology, Political Studies, Public Finance, International Relations, Social Sciences as well as policy makers and think tanks.

Author: Chathapuram S. Ramanathan
Publisher: Routledge
ISBN: 113445208X
Category : Social Science
Languages : en
Pages : 280

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Book Description
This book explores how many issues related to development and governance –including migration, disaster management, environmental justice, peace and security, sustainability, public-private partnerships, and terrorism – impact the practice of social work. It takes a global, comparative approach, reflecting the global context in which social workers now operate.

Author: Ramesh Chandra Das
Publisher: Taylor & Francis
ISBN: 1000837386
Category : Business & Economics
Languages : en
Pages : 277

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Book Description
Economic development depends heavily on the growth of social sectors like education, healthcare, gender equality, as well as factors like income, consumption, investment and trade. This book examines the interlinkages between development, good governance and spending on social growth. The book focuses on different areas of social growth, public welfare and poverty reduction including managing human resources, corruption in public institutions and public spaces as well as health and welfare measures. The chapters in the volume highlight the role of government interventions in boosting human development – particularly in developing countries in Asia and Africa and many developed countries in the post-COVID scenario. The book also examines the foundations of government spending on development and effective governance while underlining the impact which social growth has on the economy. Rich in theoretical and empirical perspectives, this book will be useful for students and researchers of economics, sociology, political studies, public finance, development studies as well as for policymakers and think tanks working in the areas of human development.

Author: Peter H. Lindert
Publisher: Cambridge University Press
ISBN: 1108808239
Category : Business & Economics
Languages : en
Pages : 437

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Book Description
How does social spending relate to economic growth and which countries have got this right and wrong? Peter Lindert examines the experience of countries across the globe to reveal what has worked, what needs changing, and who the winners and losers are under different systems. He traces the development of public education, health care, pensions, and welfare provision, and addresses key questions around intergenerational inequality and fiscal redistribution, the returns to investment in human capital, how to deal with an aging population, whether migration is a cost or a benefit, and how social spending differs in autocracies and democracies. The book shows that what we need to do above all is to invest more in the young from cradle to career, and shift the burden of paying for social insurance away from the workplace and to society as a whole.

Author: Padmaja Mishra
Publisher: Cambridge Scholars Publishing
ISBN: 1443884839
Category : Social Science
Languages : en
Pages : 270

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Book Description
As education and health are two major areas of concern in the context of social sector development and human development achievements, this book explores their situation in India. The liberalisation of the Indian economy had a major impact on the growth rate of its Gross Domestic Product (GDP), with the economic growth of the country jumping from the so-called Hindu growth rate of 3.5% to 8–9% per annum. The literacy rate increased to 74.04% in 2011 from 12% in 1947, while the universalization of elementary education has been achieved to a great extent, and dropout rates have decreased. However, despite considerable progress, exclusions and wide disparities still exist. Combining access with affordability and ensuring quality with good governance and adequate finance are still of great concern. On the health front, significant achievements have also been made, with a number of diseases eradicated or on the verge of elimination. There has been a substantial drop in the Total Fertility Rate (TFR) and Infant Mortality Rate (IMR), and life expectancy has increased from 36.7 years in 1951 to 67.14 in 2011. The crude birth rate has been reduced from 40.8 in 1951 to 20.6 in 2012, and the crude death rate from 25.1 to 7.43 in the same period. These achievements are impressive, but at the same time our failures appear even more glaring. As such, this volume brings together contributions from eminent Indian scholars on a range of social issues, including linkages between growth, poverty and the social sector; the efficiency of social sector spending in India; disparity in health statuses; IPR protection in health innovations; pollution and health; the universalisation of elementary education; problems faced at the higher levels of education; and issues of child labour.

Author: Maksym Ivanyna
Publisher: Springer Nature
ISBN: 3030675572
Category : Business & Economics
Languages : en
Pages : 353

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Book Description
This textbook examines corruption through a macroeconomic lens, exploring the relationship between corruption, fiscal policy, and political economy. It merges macroeconomic growth models with elements of political economic theory to address important applied topics such as income inequality within and across countries, growth slowdowns, and fiscal crises. Revised and updated to include new research findings and recent policy discussions, the second edition contains 15 new sections and 2 new chapters on topics such as public defaults, the wage elasticity of work and the interest elasticity of saving, and the economic and fiscal impact of the 2020 pandemic. Most of the basic ideas are illustrated using a two-period model of government investment that captures the future cost of policies that favor the present. The more subtle and advanced issues are illustrated and, in some cases, quantified, using the overlapping-generations model of economic growth. The models used to illustrate the mechanisms of economic growth are extended to incorporate politics and the behavior of public official. The text concludes with a thorough discussion of policy reforms designed to address the issues discussed in earlier chapters. Intended for students familiar with intermediate-level economics, the second edition contains a technical appendix, expanded end-of-chapter questions and problems, and a complete solutions manual. The second edition also offers updated resources for instructors, including sample syllabi and over 550 multiple choice questions. Offering a unified explanation for the causes and consequences of government failure, fiscal crisis, and needed policy reforms, this text is appropriate for advanced undergraduate and beginning graduate courses in macroeconomics, political economy, and public policy.

Author: Ms.Keiko Honjo
Publisher: International Monetary Fund
ISBN: 145192240X
Category : Business & Economics
Languages : en
Pages : 61

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Book Description
This paper assesses the efficiency of government expenditure on education and health in 38 countries in Africa in 1984-95, both in relation to each other and compared with countries in Asia and the Western Hemisphere. The results show that, on average, countries in Africa are less efficient than countries in Asia and the Western Hemisphere; however, education and health spending in Africa became more efficient during that period. The assessment further suggests that improvements in educational attainment and health output in African countries require more than just higher budgetary allocations.

Author: Reza Baqir
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 58

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Book Description
This paper presents evidence on the political and economic determinants of social sector spending from a panel dataset. The principal finding is that democratization in countries, as measured by within-country variation in subjective indices of democracy, is a significant predictor of government spending on education and health. The relationship is robust to controlling for a variety of factors and the estimated magnitudes suggest that an increase from the lowest to the highest rating for democracy for a country is associated with approximately 1 percent more central government spending and 3 percent more general government spending in social sectors, as a percent of GDP.

Author: Blanca Moreno-Dodson
Publisher: World Bank Publications
ISBN: 0821396307
Category : Business & Economics
Languages : en
Pages : 286

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Book Description
Fiscal policy is an important instrument for maintaining and improving living standards. Such living standards can be viewed as an outcome of the interaction between the opportunities offered by society and the readiness and ability of each person to exploit them. Under certain circumstances, public finance can make an important contribution to the creation of opportunities within a given society by raising resources from the private sector through taxation or borrowing (domestic and external) and allocating those resources effectively and equitably in the form of public spending, including through public goods and transfers. The first chapters in this volume sketch out a framework that policy makers can use in adopting a more cohesive or integrated approach to the short- and long-term dimensions of fiscal policy. Here the traditional threefold rationale for fiscal policy proposed by Musgrave-stabilization, resource allocation, and distribution-continues to be useful. Other chapters in this volume take up some of the critical institutional challenges in implementing fiscal policy for longer-term growth and development. These chapters also look at the tools and approaches being developed to address these challenges. Improving the quality of public investment management is a particular priority in view of the recent evidence that as little as half of all public investment expenditure translates into productive capital stock. The last chapter in this volume is a case study of fiscal responses to the great recession in low-income Sub-Saharan Africa, looking at stabilization and the longer-run growth, as well as distributional aspects of such responses. The growing depth of domestic financial markets in many African countries rather unexpectedly is turning out to be a critical source of financing for fiscal policy responses.