The last decade has seen dramatic changes in the economic position of developing countries. A minority of middle-income countries, especially in Asia, have fared relatively well. This has led some economists and policy makers to argue that other developing countries need to adopt the same policies of export led growth. However the results of this have been disappointing and many of the world's poorest countries have seen their positions decline in both relative and absolute terms. This series presents accounts of the present position of, and future prospects for, the developing countries.
By Manuel Agosin
October 23, 2023
This book develops a theoretical framework unlike the conventional neoclassical paradigm for the analysis of growth and deploys analytical data to understand the main policy issues affecting developing countries, with particular attention to countries which, after having a spurt of growth, have ...
By Vani Kant Borooah
October 09, 2023
Most books on happiness are concerned with answering, in their diverse ways, a basic question: how should I live? Such books assume, however, that the path to happiness lies entirely within one’s control. Happiness is simply a matter of doing certain things and refraining from doing certain other ...
Edited
By Gift Mugano, Nirmala Dorasamy
September 15, 2023
Small and medium-sized enterprises (SMEs) are a driving force of the global economy, contributing up to 50% of GDP in some instances. They also contribute to economic development through various channels such as employment creation, economic growth and poverty reduction, key elements of the ...
By Krishna Dayal Pandey, Tarak Nath Sahu
August 16, 2023
This book provides empirical insights into the relationship between capital and ownership structure of Indian manufacturing companies and their financial performance. It discusses and analyzes the basic theories and concepts associated debt financing, levered and unlevered firms, the advantages and...
Edited
By Quamrul Alam, Rizwan Khair, Asif Shahan
July 26, 2023
The economic and social development that Bangladesh has achieved in the last two decades has made Bangladesh a ‘Development Paradox". This book tries to explain this paradox through political economy lens. The book explains the linkages between the state, changing society and emerging private ...
Edited
By Nicholas Mbaya Odhiambo, Erasmus Larbi Owusu, Simplice Anutechia Asongu
July 18, 2023
Although a number of selected African countries have made efforts to implement various financial sector reforms, many countries have not fully implemented the requisite reforms required for sustainable development. Instead, they have focused mainly on bank-based financial reforms, thereby ...
By Gift Mugano, Michael Brookes
May 31, 2023
This book provides a thorough and rigorous discussion on the impact of trade liberalisation on economic development with a special focus on the African continent. The author presents the rationale for trade liberalisation, trade liberalisation frameworks, the trade liberalisation economic ...
By Kshipra Jain
May 09, 2023
This book weaves together current understanding around financial literacy and ageing, arguing for the relevance of financial literacy for old age security. Building upon on the experiences of ten developing Asian economies with a focus on India, the book enters new territory by developing ...
Edited
By Farhad Taghizadeh-Hesary, Naoyuki Yoshino, Nisit Panthamit, Phoumin Han
April 21, 2023
ASEAN’s real gross domestic product (GDP) had declined sharply due to the COVID-19 pandemic. The economic downturn and the uncertainty about the future reduced the new investments in green projects drastically. Besides this, many governments rolled back environmental regulations and taxes and ...
By Sri Ram Poudyal
April 05, 2023
This book argues that mainstream economics cannot explain the underdevelopment and poverty of Nepal, neither can it be explained in terms of economics alone nor capital inadequacy even, as is conventionally believed. The author asserts that Nepal's underdevelopment needs to be located in the nature...
By Francis K. Mbroh
January 09, 2023
Within the theoretical framework of the trade-growth and structural transformation-growth nexuses, the book examines the evolution of African (goods and service) trade in terms of value and share of global commerce relative to other regions during the period 1948–2017. It also identifies and ...
By Biswa Swarup Misra
December 30, 2022
Notwithstanding the improved growth performance of India, development disparity across its states has widened in the first two decades of the 21st century. This book examines development drivers of Indian states and what the necessary course corrections could be to achieve balanced regional growth....