The Politics of Finance in Developing Countries PDF Download

Author: Stephan Haggard
Publisher: Cornell University Press
ISBN: 1501744496
Category : Political Science
Languages : en
Pages : 351

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Book Description
Ten original essays examine the political and institutional factors that influence the initiation and efficiency of preferential credit policies in Korea, Taiwan, Thailand, Indonesia, the Philippines, Chile, Mexico, and Brazil.

Author: Richard Goode
Publisher: Brookings Institution Press
ISBN: 9780815715719
Category : Business & Economics
Languages : en
Pages : 362

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Book Description
Fiscal systems throughout the world have been severely strained in recent years, as governments have assumed more responsibility for economic management. The developing counties, where needs are greatest and resources scarcest, have found their finances especially hard pressed. This book examines a range of issues in government finance that confront developing countries: the formulation and execution of national budget; the objectives, size, and effects of expenditures; the purposes and results of various ways of taxing income, wealth, consumption, exports, or natural resources; the role of foreign and domestic borrowings; and the consequences of financing by money creation. The book also relates fiscal operations to goals such as growth and development, economic stabilization, equitable distribution, and national self-reliance. The author stresses the need to take account of economic and political conditions and particularly administrative capacity when evaluating the suitability of fiscal measures in developing countries.

Author: Roy Bahl
Publisher: Edward Elgar Publishing
ISBN: 1786435306
Category : Business & Economics
Languages : en
Pages : 512

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Book Description
This book draws on experiences in developing countries to bridge the gap between the conventional textbook treatment of fiscal decentralization and the actual practice of subnational government finance. The extensive literature about the theory and practice is surveyed and longstanding problems and new questions are addressed. It focuses on the key choices that must be made in decentralizing, on how economic and political factors shape the choices that countries make, and on how, by paying more attention to the need for a more comprehensive approach and the critical connections between different components of decentralization reform, everyone involved might get more for their money.

Author: Damien Kingsbury
Publisher: Routledge
ISBN: 135158314X
Category : Political Science
Languages : en
Pages : 224

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Book Description
Politics in Developing Countries provides a clear and reader-friendly introduction to the key factors and themes that shape political processes in developing countries. Achieving development outcomes such as reducing poverty and inequality is only possible through efficient governance, well-planned policies and careful allocation of resources, but often politics in developing countries has been identified with mismanagement, corruption, conflict and repression of dissent. This book assesses the politics of developing countries in the period since decolonisation, focusing on the ways in which states have or have not worked to the advancement of their citizens’ interests. Key topics include: Colonialism and its legacy Ethnicity and nation building Governance, corruption and the role of the state Poverty and the political economy of development Aid and outside influence. Drawing on a range of case studies from around the world, Politics in Developing Countries looks at the consistencies and variations between developing countries, examining why some have forestalled political change by liberalising their economies, and others have actively stifled calls for change. Wide-ranging and engagingly written, this introductory textbook is perfect for students of politics and international development, as well as for those with a general interest in the challenges faced by countries in the Global South.

Author: Gerald A. Epstein
Publisher: Edward Elgar Publishing
ISBN: 1788972635
Category : Electronic books
Languages : en
Pages : 288

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Book Description
The essays in this book describe and analyze the current contours of the international financial system, covering both developed and developing countries, and focusing on the ways in which the current international financial system structures, and is affected by, profound inequalities in the international system. This keen analysis of key topics in international finance takes a heterodox perspective, with focus on the role of inequalities in power in shaping the structure and outcomes in the international sphere.

Author: David Lubin
Publisher: Brookings Institution Press
ISBN: 0815736754
Category : Business & Economics
Languages : en
Pages : 161

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Book Description
In Dance of the Trillions, David Lubin tells the story of what makes money flow from high-income countries to lower-income ones; what makes it flow out again; and how developing countries have sought protection against the volatility of international capital flows. The book traces an arc from the 1970s, when developing countries first gained access to international financial markets, to the present day. Underlying this story is a discussion of how the relationship between developing countries and global finance appears to be moving from one governed by the “Washington Consensus” to one more likely to be shaped by Beijing.

Author: M. Haley
Publisher: Springer
ISBN: 1403940185
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
Within a decade, private capital surpassed aid as the primary capital source for developing countries. This book explores how the increase of private funds, in particular portfolio capital, effects democratization in developing countries. A probe into institutional investors' coordination, asset concentration, political preferences, and activism, provides a framework for understanding the politics of international financial constraints. Highlighting the dilemma presented by international finance's simultaneous emphasis on austerity and stability, the question of whether this public-to-private shift might facilitate an anti-democratic strain is examined.

Author: Joseph Luna
Publisher:
ISBN: 9781003000372
Category : Political Science
Languages : en
Pages : 114

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Book Description
"This book argues that to fully grasp the decision-making of politicians and political actors in developing countries, we must first understand how politicians finance their campaigns for office-and to whom they are indebted and expected to repay. Political Financing in Developing Countries focuses on Ghana in depth, a country often held up as an example of a successful, two-party democracy with regular party changes in government. However, it is unlikely that candidates and political parties are wealthy enough to finance the increasing costs of campaigns and constituent demands, and successful democratic outcomes could be masking a system that actually hinders development progress. This book posits that political funds are extracted by an iron square of politicians, bureaucrats, construction contractors, and political-party chairs which rigs the procurement of local-development projects to generate kickbacks. The iron square remains robust across party changes in government due to reciprocity obligations that minimize contractors' income risks. Ultimately, this web of kickbacks diminishes the quality of development by reducing the funds available for projects and distorting incentives to monitor projects. To break this iron square, the book recommends replacing sealed-bid procurement-a "best practice" that ignores on-the-ground realities-with a system that accounts for income stabilization and social obligations. Overall, the book argues that scholars of development should advance research on political finance to identify and then alleviate the games that decision makers must play to survive in the political sphere. Political Financing in Developing Countries will be an important and timely resource for scholars across development studies, politics, economics, and African Studies"--

Author: R. Buckley
Publisher: Springer
ISBN: 0230376606
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
The book analyzes housing finance policy in developing countries at a time of unprecedented change in such systems. It brings together and updates journal articles originally written as background papers and sector studies for the World Bank's involvement in these changes. It focuses on the implications for housing finance of two historic developments: the most turbulent period in world financial history and the subsequent widespread liberalization of financial systems; and the recognition of the failure of centrally-planned economies.

Author: G. Bird
Publisher: Springer
ISBN: 0230599842
Category : Business & Economics
Languages : en
Pages : 317

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Book Description
There are many challenges facing the economies of developing countries. Capital volatility, financial crises, aid, debt and the IMF are all issues that have received a great deal of attention over recent years. In International Finance and The Developing Economies , Graham Bird provides an essentially non-technical discussion of these issues, examining the underlying political economy and discussing the policy alternatives that are available.