Inhaltsangabe
The standard development and growth theory and practice in the post-Second World War era gravely misled about the key determinants of economic development. The postwar models focused mainly on the patterns of savings and investment by a representative household and firm. According to such models, the biggest development challenge was raising the rate of capital accumulation. The socialist economies-including the Soviet Union, China and, in case of even India, they took the emphasis on capital accumulation to the extreme, by employing various forms of compulsion, including extreme suppression of peasant incomes, to raise national saving rates in order to speed industrialization, urbanization and development. The savings-led model of development proved to be inadequate both in theory and in practice. China and India are the largest economies today, which have fully integrated into global markets but there are fundamentally different conditions in the two places such as differences in the extent of urbanization, industrialization, and rural development, even differences in solving poverty and unemployment problems.
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Über die Autorin bzw. den Autor
Akhilesh Chandra Prabhakar is an Assistant Professor in Economics in Ethiopia since 2005. He obtained a first class M.A. in Economics,and a Ph.D. from JNU, New Delhi. He is a Member of the UN based Inter-Governmental Think Tank on the Intellectual Networks for the South. He served as a Director of Third World Social Form since 2005.
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GLOBALISATION TRADE AND DEVELOPMENT | Theoretical and Empirical Investigation
Verlag:
LAP LAMBERT Academic Publishing, 2011
ISBN 10: 3843387281
ISBN 13: 9783843387286
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Taschenbuch. Zustand: Neu. GLOBALISATION TRADE AND DEVELOPMENT | Theoretical and Empirical Investigation | Akhilesh Chandra Prabhakar | Taschenbuch | 368 S. | Englisch | 2011 | LAP LAMBERT Academic Publishing | EAN 9783843387286 | Verantwortliche Person für die EU: BoD - Books on Demand, In de Tarpen 42, 22848 Norderstedt, info[at]bod[dot]de | Anbieter: preigu. Artikel-Nr. 107067378
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GLOBALISATION TRADE AND DEVELOPMENT
Verlag:
LAP LAMBERT Academic Publishing Mär 2011, 2011
ISBN 10: 3843387281
ISBN 13: 9783843387286
Neu
Taschenbuch
Anbieter: buchversandmimpf2000, Emtmannsberg, BAYE, Deutschland
Verkäuferbewertung 5 von 5 Sternen
Taschenbuch. Zustand: Neu. Neuware -The standard development and growth theory and practice in the post-Second World War era gravely misled about the key determinants of economic development. The postwar models focused mainly on the patterns of savings and investment by a representative household and firm. According to such models, the biggest development challenge was raising the rate of capital accumulation. The socialist economies-including the Soviet Union, China and, in case of even India, they took the emphasis on capital accumulation to the extreme, by employing various forms of compulsion, including extreme suppression of peasant incomes, to raise national saving rates in order to speed industrialization, urbanization and development. The savings-led model of development proved to be inadequate both in theory and in practice. China and India are the largest economies today, which have fully integrated into global markets but there are fundamentally different conditions in the two places such as differences in the extent of urbanization, industrialization, and rural development, even differences in solving poverty and unemployment problems.Books on Demand GmbH, Überseering 33, 22297 Hamburg 368 pp. Englisch. Artikel-Nr. 9783843387286
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