Equity The Third World And Economic Delusion

Even in impoverished countries lacking material and human resources, P. T. Bauer argues, economic growth is possible under the right conditions. These include a certain amount of thrift and enterprise among the people, social mores and traditions which sustain them, and a firm but limited government which permits market forces to work. Challenging many views about development that are widely held, Bauer takes on squarely the notion that egalitarianism is an appropriate goal. He goes on to argue that the population explosion of less-developed countries has on the whole been a voluntary phenomenon and that each new generation has lived better than its forebears. He also critically examines the notion that the policies and practices of Western nations have been responsible for third world poverty. In a major chapter, he reviews the rationalizations for foreign aid and finds them weak; while in another he shows that powerful political clienteles have developed in the Western nations supporting the foreign aid process and probably benefiting more from it than the alleged recipients. Another chapter explores the link between the issue of Special Drawing Rights by the International Monetary Fund on the one hand and the aid process on the other. Throughout the book, Bauer carefully examines the evidence and the light it throws on the propositions of development. Although the results of his analysis contradict the conventional wisdom of development economics, anyone who is seriously concerned with the subject must take them into account.

Presents opposing viewpoints on various economic, social, and humanitarian issues involving the developing countries of the Third World.

Isbister (economics, U. of California-Santa Cruz) draws from political theory, economics, and history to describe the forces and structures responsible for poverty in the Third World. He outlines the various paths taken by developing nations, and evaluates their successes and disappointments. Chapters consider nationalism and independence, economic development and underdevelopment, the impacts of American foreign policy, and prospects for the future. c. Book News Inc.

The first and definitive book of its kind, Joan Spero's The Politics of International Economic Relations has been fully updated to reflect the sweeping changes in the international arena. With the expertise of co-author Jeffrey Hart, the fifth edition strengthens the coverage of political and economic relations since the end of the Cold War, economic polarization in developing nations and the roots of economic decline in centrally planned economies. A new chapter on industrial policy and competitiveness debates further illustrates the changing dynamics of International Political Economy. Ideal as a supplement to the International Relations course or as the core text in International Political Economy, Spero and Hart's The Politics of International Economic Relations continues to give students the breadth and depth of scholarship needed to understand the politics of world economy.

This textbook deals with the central political themes and issues in the developing world, such as globalization, inequality, and democracy. Leading experts in the field provide up-to-date and systematic coverage. The book is accompanied by an Online Resource Centre.Student resources:Three additional case studies, including one on ChinaWeb links from the bookFlashcard glossary

The meaning of an equitable or just distribution of resources: the author examines the concepts used by economists and philosophers and suggests a new formulation founded on individual choice, backing it up with policy proposals.

In the aftermath of the debt crisis, disappointment with the results of structural adjustment policies is leading to a reappraisal of theories of economic development and industrialization strategies. This book comprises a collection of essays on economic development.