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Democracy, Public Expenditures, and the Poor
Countries vary systematically with respect to the incentives of politicians to provide broad public goods, and to reduce poverty. Even in developing countries that are democracies, politicians often have incentives to divert resources to political rents, and to private transfers that benefit a few citizens at the expense of many. These distortions can be traced to imperfections in political markets, that are greater in some countries than in others. The authors review the theory, and evidence on the impact of incomplete information of voters, the lack of credibility of political promises, and social polarization on political incentives. They argue that the effects of these imperfections are large, but that their implications are insufficiently integrated into the design of policy reforms aimed at improving the provision of public goods, and reducing poverty.
Sustaining Development and Growth in East Asia
For several decades, fast-growing East Asia has been the envy of the developing world. Not only has East Asia outperformed all other regions of the world, but it also recovered surprisingly swiftly from the 1997–98 Asian financial crisis and the 2008–09 global financial crisis. Nevertheless, investment in the region remains subdued relative to pre-Asian crisis levels. Are current investment rates too low and, given greater investment, could the region grow even more rapidly? This book brings together a rich array of papers analyzing the determinants of, and impediments to, investment and growth. It discusses a range of issues bearing on investment and development. The chapters cover dome...
Democracy, Governance, and Growth
Demonstrates the importance of governance and social institutions to economic performance
Political Institutions and Financial Development
The essays in this volume employ the insights and techniques of political science, economics and history to provide a fresh answer to this question.
Culture and Politics in Economic Development
In this important book, pre-eminent economic sociologist Volker Bornschier analyzes growth and development in the Old and New Worlds - the so-called 'developed' countries. He shows how sociological and political factors have a massive impact on economic change in those countries. The book is a significant contribution to the burgeoning literature on social capital, trust and democracy and will be of interest to those in the fields of economics, sociology, politics and development studies.
Sovereignty, State Failure and Human Rights
This book argues that the effectiveness of the state apparatus is one of the crucial variables determining human rights conditions, and that state weakness and failure is responsible for much of the human rights abuses we see today. Weak states are unable to control their own agents or to police abuses by private actors, resulting in less accountability and more abuse. By contrast, stronger states have greater capacities to protect human rights; even strong authoritarian states tend to have better human rights conditions than weak ones. The first two chapters of the book develop the theoretical connections between international law, sovereignty, states and rights, and the consequences of sta...
Terrorism, 2008-2012
This comprehensive chronology provides coverage of every international terrorist attack covered in public literature--including newspapers, news magazines, radio, television, websites, and other media--from 2008 through 2012, plus updates on events that occurred before that period. It notes trends in suicide bombings, violence against Western and local hostages, letter bombs, food tampering, major assassinations, and other attacks by terrorists of all stripes. Changes in security measures around the world are also included, as are the key players in each event, ranging from terrorists to victims to individuals trying to prevent the next attack.
The World Bank Research Program 2001
This publication is a compilation of reports on research projects initiated, under way, or completed in fiscal year 2001 (July 1, 2000 through June 30, 2001). The abstracts cover 150 research projects from the World Bank and grouped under 11 major headings including poverty and social development, health and population, education, labor and employment, environment, infrastructure and urban development, and agriculture and rural development. The abstracts detail the questions addressed, the analytical methods used, the findings to date and their policy implications. Each abstract identifies the expected completion date of each project, the research team, and reports or publications produced.
Beyond the Washington Consensus
This report examines the precise nature of the required institutional reforms needed to achieve higher sustained rates of growth and to make a dent in poverty reduction and provides a framework for their design and implementation. The more modest objective is to examine how the concepts of the new institutional economics are useful for analyzing and designing institutions and to evaluate how political economy concepts can be used to develop strategies for implementing institutional reforms. Employing some of these concepts, the report demonstrates that sound institutional reform can be technically and politically viable in the following key sectors: banking; capital markets and legal institutions; educational institutions; judicial reforms; and public administration.
The Politics of Budgets
While governments prefer to alter budgets to fit their ideological stances, the domestic and international contexts can facilitate or constrain behavior. The Politics of Budgets demonstrates when governments do and do not make preferred budgetary changes. It argues for an interconnected view of budgets and explores both the reallocation of expenditures across policy areas and the interplay among budgetary components. While previous scholars have investigated how politics and economics shape a single budgetary category, or collective categories, this methodologically rich study analyzes data for thirty-three countries across thirty-five years to provide a more comprehensive theoretical approach: a 'holistic' framework about the competition and contexts around the budgetary process and an of examination of how and when these factors affect the budgetary decision-making processes.
