Managing without Growth, Second Edition Book

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Managing without Growth, Second Edition

By Peter A. Victor
  • ISBN Code: : 1785367382
  • Publisher : Edward Elgar Publishing
  • Pages : 432
  • Category : Economic development
  • Reads : 835
  • Book Compatibility : Pdf, ePub, Mobi, Kindle
  • Pdf : managing-without-growth-second-edition.pdf

Book Excerpt :

Ten years after the publication of the first edition of this influential book, the evidence is even stronger that human economies are overwhelming the regenerative capacity of the planet. This book explains why long-term economic growth is infeasible, and why, especially in advanced economies, it is also undesirable. Simulations based on real data show that managing without growth is a better alternative

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Read Also This Books

Cents and Sustainability

By Cheryl Desha,Charlie Hargroves,Michael Harrison Smith
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1136532560
  • Total of Pages : 464
  • Category : Business & Economics
  • Members : 858
  • Pdf File: cents-and-sustainability.pdf

Book Short Summary:

Cents and Sustainability is a clear-sighted response to the 1987 call by Dr Gro Brundtland in Our Common Future to achieve a new era of economic growth that is 'forceful and at the same time socially and environmentally sustainable'. The Brundtland Report argued that not only was it achievable, but that it was an urgent imperative in order to achieve a transition to sustainable development while significantly reducing poverty and driving 'clean and green' investment. With some still arguing for significantly slowing economic growth in order to reduce pressures on the environment, this new book, Cents and Sustainability, shows that it is possible to reconcile the need for economic growth and environmental sustainability through a strategy to decouple economic growth from environmental pressures, combined with a renewed commitment to achieve significant environmental restoration and poverty reduction. Beginning with a brief overview of some of the most pressing environmental challenges of our time, the book then explains 'decoupling theory', overviews a number of factors that can undermine and even block efforts to decouple in both developed and developing countries, and then discusses a number of key considerations to assist the development of national 'decoupling strategies'. The book then focuses on presenting evidence to support greater action, not just on climate change, but also on decoupling economic growth from the loss of biodiversity and the deterioration of natural systems, freshwater extraction, waste production, and air pollution. In the lead up to the 2012 United Nations Earth Summit and beyond, Cents and Sustainability will be a crucial guide to inform and assist nations to develop strategies to significantly reduce environmental pressures, strengthen their economy, create jobs and reduce poverty. 'I commend the team from The Natural Edge Project and their partners for undertaking to develop a response to 'Our Common Future' to mark its 20th anniversary.' Dr Gro Brundtland. Sequel to The Natural Advantage of Nations Published with The Natural Edge Project

Redefining Prosperity

By Isabelle Cassiers
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 131769502X
  • Total of Pages : 194
  • Category : Business & Economics
  • Members : 900
  • Pdf File: redefining-prosperity.pdf

Book Short Summary:

Society today faces a difficult contradiction: we know exactly how the physical limits of our planet are being reached and exactly why we cannot go on as we have before – and yet, collectively, we seem unable to reach crucial decisions for our future in a timely way. This book argues that our definition of prosperity, which we have long assimilated with the idea of material wealth, may be preventing us from imagining a future that meets essential human aspirations without straining our planet to the breaking point. In other words, redefining prosperity is a necessary and urgent task. This book is the fruit of a long debate among 15 scholars from diverse fields who worked together to bring the depth and nuance of their respective fields to questions that affect us all. The result is a rich, transdisciplinary work that illuminates the philosophical and historical origins of our current definition of prosperity; identifies the complex processes that gave rise to the problems we face today; elucidates the ways in which our contemporary environmental, social, nutritional, economic, political, and cultural crises are interconnected; and explores why a half-century of economic growth has neither increased life satisfaction in the West nor vanquished world poverty. Approaching these broad-ranging questions from the specific standpoints of their disciplines, each of the authors offers thoughts for the future, considering possible escape routes and proposing changes to the way we live, behave, and organise society and public action – changes that actually respond, in an equitable way, to our deepest aspirations. Ultimately, in laying the groundwork for a public debate on this subject, this book poses a question to its readers: what is your definition of prosperity, and what can be done to promote it?

Redefining Prosperity

By Isabelle Cassiers
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1317695011
  • Total of Pages : 174
  • Category : Business & Economics
  • Members : 274
  • Pdf File: redefining-prosperity.pdf

Book Short Summary:

Society today faces a difficult contradiction: we know exactly how the physical limits of our planet are being reached and exactly why we cannot go on as we have before – and yet, collectively, we seem unable to reach crucial decisions for our future in a timely way. This book argues that our definition of prosperity, which we have long assimilated with the idea of material wealth, may be preventing us from imagining a future that meets essential human aspirations without straining our planet to the breaking point. In other words, redefining prosperity is a necessary and urgent task. This book is the fruit of a long debate among 15 scholars from diverse fields who worked together to bring the depth and nuance of their respective fields to questions that affect us all. The result is a rich, transdisciplinary work that illuminates the philosophical and historical origins of our current definition of prosperity; identifies the complex processes that gave rise to the problems we face today; elucidates the ways in which our contemporary environmental, social, nutritional, economic, political, and cultural crises are interconnected; and explores why a half-century of economic growth has neither increased life satisfaction in the West nor vanquished world poverty. Approaching these broad-ranging questions from the specific standpoints of their disciplines, each of the authors offers thoughts for the future, considering possible escape routes and proposing changes to the way we live, behave, and organise society and public action – changes that actually respond, in an equitable way, to our deepest aspirations. Ultimately, in laying the groundwork for a public debate on this subject, this book poses a question to its readers: what is your definition of prosperity, and what can be done to promote it?

Reinventing Prosperity

By Graeme Maxton,Jorgen Randers
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Greystone Books
  • Book Code : 1771642521
  • Total of Pages : 272
  • Category : Business & Economics
  • Members : 613
  • Pdf File: reinventing-prosperity.pdf

Book Short Summary:

“An important contribution to the global debate about growth, equality, climate change, and the path to a viable human future.” —David Korten, international bestselling author of When Corporations Rule the World The biggest challenges facing human wellbeing today—widening income inequality, continuing global poverty, and environmental degradation—may be simple to solve in theory. But, because we are required to come up with solutions that are acceptable to a political majority in the rich world, they are much harder to solve in practice. Most of the commonly proposed “solutions” are simply not acceptable to most people. Many of these proposed solutions—like stopping the use of fossil fuels—require a sacrifice today in order to obtain an uncertain advantage in the far future. Therefore they are politically infeasible in the modern world, which is marked by relatively short term thinking. In Reinventing Prosperity, Graeme Maxton and Jorgen Randers provide a new approach altogether through thirteen recommendations which are both politically acceptable and which can be implemented in the current period of slow economic growth around the world. Reinventing Prosperity solves the forty-year-old growth/no-growth standoff, by providing a solution to income inequality, continuing global poverty and climate change, a solution that will provide for economic growth but with a declining ecological footprint. Reinventing Prosperity shows us how to live better on our finite planet—and in ways we can agree on. “An essential guide to those who want to change the world for the better—and for certain.” —Ha-Joon Chang, international bestselling author of 23 Things They Don’t Tell You About Capitalism “[A] well-argued book . . . explaining complex issues in a style that is clear, logical, and succinct.” —Publishers Weekly

Why Nations Fail

By Daron Acemoglu,James A. Robinson
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Currency
  • Book Code : 0307719235
  • Total of Pages : 544
  • Category : Business & Economics
  • Members : 630
  • Pdf File: why-nations-fail.pdf

Book Short Summary:

Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Material Concerns

By Tim Jackson
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 113478760X
  • Total of Pages : 240
  • Category : Science
  • Members : 727
  • Pdf File: material-concerns.pdf

Book Short Summary:

Material Concerns offers new perspectives on key environmental issues - pollution prevention, ecological economics, limits to sustainability, consumer behaviour and government policy. The first non-technical introduction to preventative environmental management, Material Concerns offers realistic prospects for improving the quality of life.

The Growth Idea

By Scott O'Bryan
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : University of Hawaii Press
  • Book Code : 0824837568
  • Total of Pages : 256
  • Category : History
  • Members : 357
  • Pdf File: the-growth-idea.pdf

Book Short Summary:

Our narratives of postwar Japan have long been cast in terms almost synonymous with the story of rapid economic growth. Scott O’Bryan reinterprets this seemingly familiar history through an innovative exploration, not of the anatomy of growth itself, but of the history of growth as a set of discourses by which Japanese "growth performance" as "economic miracle" came to be articulated. The premise of his work is simple: To our understandings of the material changes that took place in Japan during the second half of the twentieth century we must also add perspectives that account for growth as a new idea around the world, one that emerged alongside rapid economic expansion in postwar Japan and underwrote the modes by which it was imagined, forecast, pursued, and regulated. In an accessible, lively style, O’Bryan traces the history of growth as an object of social scientific knowledge and as a new analytical paradigm that came to govern the terms by which Japanese understood their national purposes and imagined a newly materialist vision of social and individual prosperity. Several intersecting obsessions worked together after the war to create an agenda of social reform through rapid macroeconomic increase. Epistemological developments within social science provided the conceptual instruments by which technocrats gave birth to a shared lexicon of growth. Meanwhile, reformers combined prewar Marxist critiques with new modes of macroeconomic understanding to mobilize long-standing fears of overpopulation and "backwardness" and argue for a growthist vision of national reformation. O’Bryan also presents surprising accounts of the key role played by the ideal of full employment in national conceptions of recovery and of a new valorization of consumption in the postwar world that was taking shape. Both of these, he argues, formed critical components in a constellation of ideas that even in the context of relative poverty and uncertainty coalesced into a powerful vision of a materially prosperous future. Even as Japan became the premier icon of the growthist ideal, neither the faith in rapid growth as a prescription for national reform nor the ascendancy of social scientific epistemologies that provided its technical support was unique to Japanese experience. The Growth Idea thus helps to historicize a concept of never-ending growth that continues to undergird our most basic beliefs about the success of nations and the operations of the global economy. It is a particularly timely contribution given current imperatives to reconceive ideas of purpose and prosperity in an age of resource depletion and global warming.

Economy and State

By Nina Bandelj,Elizabeth Sowers
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : John Wiley & Sons
  • Book Code : 0745658830
  • Total of Pages : 256
  • Category : Social Science
  • Members : 640
  • Pdf File: economy-and-state.pdf

Book Short Summary:

Should governments be involved in economic affairs? Challenging prevailing wisdom about the benefits of self-regulating markets, Nina Bandelj and Elizabeth Sowers offer a uniquely sociological perspective to emphasize that states can never be divorced from economy. From defining property rights and regulating commodification of labor to setting corporate governance standards and international exchange rules, the state continuously manages the functioning of markets and influences economic outcomes for individuals, firms and nations. The authors bring together classical interventions and cutting-edge contemporary research in economic sociology to discuss six broad areas of economy/state connection: property, money, labor, firms, national economic growth, and global economic exchange. A wealth of empirical examples and illustrations reveals that even if the nature of state influence on economy varies across contexts, it is always dependent on social forces. This accessible and engaging book will be essential reading for upper-level students of economic sociology, and those interested in the major economic dilemmas of our times. .

The Economic Growth Engine

By Robert U. Ayres,Benjamin Warr
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Edward Elgar Publishing
  • Book Code : 1848445954
  • Total of Pages : 448
  • Category : Business & Economics
  • Members : 655
  • Pdf File: the-economic-growth-engine.pdf

Book Short Summary:

It gives me great pleasure to review this important book. I recommend it highly to any physicist with an interest or curiosity about this economy thing within which we operate. . . There is no excuse not to get this invaluable volume onto your bookshelf. Simon Roberts, Institute of Physics Energy Group This book addresses a very important topic, namely economic growth analysis from the angle of energy and material flows. The treatment is well balanced in terms of research and interpretation of the broader literature. The book not only contains a variety of empirical indicators, statistical analyses and insights, but also offers an unusually complete and pluralistic view on theorizing about economic growth and technological change. This results in a number of refreshing perspectives on known ideas and literatures. The text is so attractively written that I found it very difficult to stop reading. All in all, this is a very original and important contribution to the everlasting debate on growth versus environment. Jeroen C.J.M. van den Bergh, University of Barcelona, Spain and Free University, Amsterdam, The Netherlands Would you want your great-grandchildren in 2100AD to have a 22nd-century industrial economy? If so, read this book to grasp how strongly wealth depends on energy and its efficient use. Start treating fossil energy not as continuing income, but as one-time energy capital to spend on efficiency and long-term sustainable energy production. Otherwise, your descendants will inherit a broken 20th-century economy that only worked with cheap fossil fuels. They will not be rich and they will wonder what their ancestors were thinking. John R. Mashey, PhD, former Chief Scientist, Silicon Graphics Current economic theory attributes most income growth to technical progress. However, since technical progress can neither be defined nor measured, no one really knows what policies will encourage income growth. Ayres and Warr show that access to useful work, which can be defined and measured, explain the bulk of post-1900 income changes in Japan, Britain and the USA. They see rising real prices for fossil fuel and stagnating efficiencies of converting raw energy into useful work as a threat to continued income growth. This brilliant and original work has profound policy implications for future income growth without significant improvements in energy conversion efficiency. Thomas Casten, Chairman, Recycled Energy Development LLC Following the up-and-down energy shock of 2008, Ayres and Warr offer a unique analysis critical to our economic future. They argue that useful work produced by energy and energy services is far more important to overall GDP growth than conventional economic theory assumes. Their new theory, based on extensive empirical and theoretical analysis, has important implications for economists, businessmen and policymakers for anybody concerned with our economic future. Ayres and Warr argue persuasively that economic growth is not only endogenous but has been driven for the past two centuries largely by the declining effective cost of energy. If their new theory is correct, the inevitable future rise of the real cost of energy (beyond the $147 oil price peak in July 2008), could halt economic growth in the US and other advanced countries unless we dramatically improve energy with technology. J. Paul Horne, independent international market economist The historic link between output (GDP) growth and employment has weakened. Since there is no quantitively verifiable economic theory to explain past growth, this unique book explores the fundamental relationship between thermodynamics (physical work) and economics. The authors take a realistic approach to explaining the relationship between technological progress, thermodynamic efficiency and economic growth. Their findings are a step toward the integration of neo-classical and evolutionary perspectives on endogenous economic growth, concluding in a fundam

A Step Ahead

By Martha Martinez Licetti,Georgiana Pop,Sara Nyman,Tania Priscilla Begazo Gomez
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : World Bank Publications
  • Book Code : 1464809461
  • Total of Pages : 242
  • Category : Business & Economics
  • Members : 594
  • Pdf File: a-step-ahead.pdf

Book Short Summary:

Sustainable economic development has played a major role in the decline of global poverty in the past two decades. There is no doubt that competitive markets are key drivers of economic growth and productivity. They are also valuable channels for consumer welfare. Competition policy is a powerful tool for complementing efforts to alleviate poverty and bring about shared prosperity. An effective competition policy involves measures that enable contestability and firm entry and rivalry, while ensuring the enforcement of antitrust laws and state aid control. Governments from emerging and developing economies are increasingly requesting pragmatic solutions for effective competition policy implementation, as well as recommendations for pro-competitive sectoral policies. A Step Ahead: Competition Policy for Shared Prosperity and Inclusive Growth puts forward a research agenda that advocates the importance of market competition, effective market regulation, and competition policies for achieving inclusive growth and shared prosperity in emerging and developing economies. It is the result of a global partnership and shared commitment between the World Bank Group and the Organisation for Economic Co-operation and Development (OECD). Part I of the book brings together existing empirical evidence on the benefits of competition for household welfare. It covers the elimination of anticompetitive practices and regulations that restrict competition in key markets and highlights the effects of competition on small producers and employment. Part II of the book focuses on the distributional effects of competition policies and how enforcement can be better aligned with shared prosperity goals.

The End of Growth

By Richard Heinberg
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : New Society Publishers
  • Book Code : 1550924834
  • Total of Pages : 288
  • Category : Business & Economics
  • Members : 350
  • Pdf File: the-end-of-growth.pdf

Book Short Summary:

Economics has failed us ... but there is life after growth! Economists insist that recovery is at hand, yet unemployment remains high, real estate values continue to sink, and governments stagger under record deficits. The End of Growth proposes a startling diagnosis: humanity has reached a fundamental turning point in its economic history. The expansionary trajectory of industrial civilization is colliding with non-negotiable natural limits. Richard Heinberg’s latest landmark work goes to the heart of the ongoing financial crisis, explaining how and why it occurred, and what we must do to avert the worst potential outcomes. Written in an engaging, highly readable style, it shows why growth is being blocked by three factors: Resource depletion Environmental impacts Crushing levels of debt These converging limits will force us to re-evaluate cherished economic theories and to reinvent money and commerce. The End of Growth describes what policy makers, communities, and families can do to build a new economy that operates within Earth’s budget of energy and resources. We can thrive during the transition if we set goals that promote human and environmental well-being, rather than continuing to pursue the now-unattainable prize of ever-expanding GDP. Richard Heinberg is the author of nine previous books, including The Party's Over , Peak Everything , and Blackout . A senior fellow of the Post Carbon Institute, Heinberg is one of the world's foremost peak oil educators and an effective communicator of the urgent need to transition away from fossil fuels.

Economic Growth, the Environment and International Relations

By Stephen J. Purdey
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 113517900X
  • Total of Pages : 192
  • Category : Political Science
  • Members : 133
  • Pdf File: economic-growth-the-environment-and-international-relations.pdf

Book Short Summary:

The ubiquity of the commitment to economic growth, which Purdey refers to as the growth paradigm, is extraordinary. National governments around the world are seized of the same objective. Major international institutions such as the UN, the WTO, the World Bank, IMF and OECD, powerful international organizations such as regional trading blocs and multinational corporations – even civil societies of all kinds enthusiastically pursue a larger economic pie. This book examines the deep origins and rise to prominence of the commitment to economic growth. It explains why, despite the diversity of regime types, levels of development, cultures and other divisions typical of international relations, all major actors in the modern global polity pursue an identical political priority. Purdey critically examines the growth paradigm highlighting its normative foundations and its environmental impact, especially climate change. Using a neo-Gramscian approach, Purdey re-engages the ‘limits to growth’ controversy, identifying the commitment to growth as a form of utopianism that is as dangerous as it is seductive. By illuminating and interrogating the history, politics and morality of the growth paradigm, this book shifts the terrain of the limits debate from instrumental to ethical considerations. It will be of interest to students and scholars of political economy, international relations, environmental studies and ethics.

Enough Is Enough

By Robert Dietz,Daniel W. O'Neill
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Berrett-Koehler Publishers
  • Book Code : 1609948076
  • Total of Pages : 256
  • Category : Political Science
  • Members : 218
  • Pdf File: enough-is-enough.pdf

Book Short Summary:

Strategies for transitioning to a steady-state economy that maximizes long-term well-being for all people. We’re overusing the earth’s finite resources, and yet excessive consumption is failing to improve our lives. In Enough Is Enough, Rob Dietz and Dan O’Neill lay out a visionary but realistic alternative to the perpetual pursuit of economic growth—an economy where the goal is not more but enough. They explore specific strategies to conserve natural resources, stabilize population, reduce inequality, fix the financial system, create jobs, and more—all with the aim of maximizing long-term well-being instead of short-term profits. Filled with fresh ideas and surprising optimism, Enough Is Enough is the primer for achieving genuine prosperity and a hopeful future for all. “Humans seem to be intent on confirming the argument of biologist Ernst Mayr that higher intelligence may be a lethal mutation. But the grim prognosis is not inevitable. This lucid, informed, and highly constructive book shows that with the will to act, solutions can be found to build a steady-state economy geared to meeting human needs.”—Noam Chomsky “Rob Dietz and Dan O’Neill bring clarity and style to their impassioned and meticulous analysis, offering the way to a better quality of life and a sustainable future for all.”—Kate Pickett, Professor of Epidemiology, University of York; cofounder, The Equality Trust; and coauthor of The Spirit Level “Dietz and O’Neill create a remarkable vision—a world with enough prosperity and happiness for everyone, not just for a few. This book will restore your hope in the future and give you specific things you can do to help!”—Thom Hartmann, internationally syndicated talk show host and author of twenty-four books

The Global Findex Database 2017

By Asli Demirguc-Kunt,Leora Klapper,Dorothe Singer,Saniya Ansar
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : World Bank Publications
  • Book Code : 1464812683
  • Total of Pages : 148
  • Category : Business & Economics
  • Members : 465
  • Pdf File: the-global-findex-database-2017.pdf

Book Short Summary:

In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.

In Search of Prosperity

By Dani Rodrik
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Princeton University Press
  • Book Code : 1400845890
  • Total of Pages : 496
  • Category : Business & Economics
  • Members : 313
  • Pdf File: in-search-of-prosperity.pdf

Book Short Summary:

The economics of growth has come a long way since it regained center stage for economists in the mid-1980s. Here for the first time is a series of country studies guided by that research. The thirteen essays, by leading economists, shed light on some of the most important growth puzzles of our time. How did China grow so rapidly despite the absence of full-fledged private property rights? What happened in India after the early 1980s to more than double its growth rate? How did Botswana and Mauritius avoid the problems that other countries in sub--Saharan Africa succumbed to? How did Indonesia manage to grow over three decades despite weak institutions and distorted microeconomic policies and why did it suffer such a collapse after 1997? What emerges from this collective effort is a deeper understanding of the centrality of institutions. Economies that have performed well over the long term owe their success not to geography or trade, but to institutions that have generated market-oriented incentives, protected property rights, and enabled stability. However, these narratives warn against a cookie-cutter approach to institution building. The contributors are Daron Acemoglu, Maite Careaga, Gregory Clark, J. Bradford DeLong, Georges de Menil, William Easterly, Ricardo Hausmann, Simon Johnson, Daniel Kaufmann, Massimo Mastruzzi, Ian W. McLean, Lant Pritchett, Yingyi Qian, James A. Robinson, Devesh Roy, Arvind Subramanian, Alan M. Taylor, Jonathan Temple, Barry R. Weingast, Susan Wolcott, and Diego Zavaleta.

The Prosperity Paradox

By Clayton M. Christensen,Efosa Ojomo,Karen Dillon
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : HarperCollins
  • Book Code : 0062851837
  • Total of Pages : 368
  • Category : Business & Economics
  • Members : 485
  • Pdf File: the-prosperity-paradox.pdf

Book Short Summary:

Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times bestseller How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offers a groundbreaking solution for true and lasting change. Global poverty is one of the world’s most vexing problems. For decades, we’ve assumed smart, well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, infrastructure to eradicating corruption, too many solutions rely on trial and error. Essentially, the plan is often to identify areas that need help, flood them with resources, and hope to see change over time. But hope is not an effective strategy. Clayton M. Christensen and his co-authors reveal a paradox at the heart of our approach to solving poverty. While noble, our current solutions are not producing consistent results, and in some cases, have exacerbated the problem. At least twenty countries that have received billions of dollars’ worth of aid are poorer now. Applying the rigorous and theory-driven analysis he is known for, Christensen suggests a better way. The right kind of innovation not only builds companies—but also builds countries. The Prosperity Paradox identifies the limits of common economic development models, which tend to be top-down efforts, and offers a new framework for economic growth based on entrepreneurship and market-creating innovation. Christensen, Ojomo, and Dillon use successful examples from America’s own economic development, including Ford, Eastman Kodak, and Singer Sewing Machines, and shows how similar models have worked in other regions such as Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico. The ideas in this book will help companies desperate for real, long-term growth see actual, sustainable progress where they’ve failed before. But The Prosperity Paradox is more than a business book; it is a call to action for anyone who wants a fresh take for making the world a better and more prosperous place.

Our Common Agenda - Report of the Secretary-General

By United Nations
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : United Nations
  • Book Code : 9213583893
  • Total of Pages :
  • Category : Political Science
  • Members : 587
  • Pdf File: our-common-agenda-report-of-the-secretary-general.pdf

Book Short Summary:

On the seventy-fifth anniversary of the United Nations, the world has faced its biggest shared test since the Second World War in the coronavirus disease (COVID-19) pandemic. Yet while our welfare, and indeed the permanence of human life, depend on us working together, international cooperation has never been harder to achieve. This report answers a call from UN Member States to provide recommendations to advance our common agenda and to respond to current and future challenges. Its proposals are grounded in a renewal of the social contract, adapted to the challenges of this century, taking into account younger and future generations, complemented by a new global deal to better protect the global commons and deliver global public goods. Through a deepening of solidarity—at the national level, between generations, and in the multilateral system—Our Common Agenda provides a path forward to a greener, safer and better future.

Doughnut Economics

By Kate Raworth
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Chelsea Green Publishing
  • Book Code : 160358675X
  • Total of Pages : 320
  • Category : Business & Economics
  • Members : 933
  • Pdf File: doughnut-economics.pdf

Book Short Summary:

A Financial Times "Best Book of 2017: Economics” 800-CEO-Read “Best Business Book of 2017: Current Events & Public Affairs” Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times. Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike. That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design. Named after the now-iconic “doughnut” image that Raworth first drew to depict a sweet spot of human prosperity (an image that appealed to the Occupy Movement, the United Nations, eco-activists, and business leaders alike), Doughnut Economics offers a radically new compass for guiding global development, government policy, and corporate strategy, and sets new standards for what economic success looks like. Raworth handpicks the best emergent ideas—from ecological, behavioral, feminist, and institutional economics to complexity thinking and Earth-systems science—to address this question: How can we turn economies that need to grow, whether or not they make us thrive, into economies that make us thrive, whether or not they grow? Simple, playful, and eloquent, Doughnut Economics offers game-changing analysis and inspiration for a new generation of economic thinkers.

2052

By Jorgen Randers
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Chelsea Green Publishing
  • Book Code : 1603584226
  • Total of Pages : 416
  • Category : Social Science
  • Members : 430
  • Pdf File: 2052.pdf

Book Short Summary:

Forty years ago, The Limits to Growth study addressed the grand question of how humans would adapt to the physical limitations of planet Earth. It predicted that during the first half of the 21st century the ongoing growth in the human ecological footprint would stop-either through catastrophic "overshoot and collapse"-or through well-managed "peak and decline." So, where are we now? And what does our future look like? In the book 2052, Jorgen Randers, one of the coauthors of Limits to Growth, issues a progress report and makes a forecast for the next forty years. To do this, he asked dozens of experts to weigh in with their best predictions on how our economies, energy supplies, natural resources, climate, food, fisheries, militaries, political divisions, cities, psyches, and more will take shape in the coming decades. He then synthesized those scenarios into a global forecast of life as we will most likely know it in the years ahead. The good news: we will see impressive advances in resource efficiency, and an increasing focus on human well-being rather than on per capita income growth. But this change might not come as we expect. Future growth in population and GDP, for instance, will be constrained in surprising ways-by rapid fertility decline as result of increased urbanization, productivity decline as a result of social unrest, and continuing poverty among the poorest 2 billion world citizens. Runaway global warming, too, is likely. So, how do we prepare for the years ahead? With heart, fact, and wisdom, Randers guides us along a realistic path into the future and discusses what readers can do to ensure a better life for themselves and their children during the increasing turmoil of the next forty years.

Collision Course

By Kerryn Higgs
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : MIT Press
  • Book Code : 0262320924
  • Total of Pages : 416
  • Category : Science
  • Members : 135
  • Pdf File: collision-course.pdf

Book Short Summary:

The story behind the reckless promotion of economic growth despite its disastrous consequences for life on the planet. The notion of ever-expanding economic growth has been promoted so relentlessly that “growth” is now entrenched as the natural objective of collective human effort. The public has been convinced that growth is the natural solution to virtually all social problems—poverty, debt, unemployment, and even the environmental degradation caused by the determined pursuit of growth. Meanwhile, warnings by scientists that we live on a finite planet that cannot sustain infinite economic expansion are ignored or even scorned. In Collision Course, Kerryn Higgs examines how society's commitment to growth has marginalized scientific findings on the limits of growth, casting them as bogus predictions of imminent doom. Higgs tells how in 1972, The Limits to Growth—written by MIT researchers Donella Meadows, Dennis Meadows, Jorgen Randers, and William Behrens III—found that unimpeded economic growth was likely to collide with the realities of a finite planet within a century. Although the book's arguments received positive responses initially, before long the dominant narrative of growth as panacea took over. Higgs explores the resistance to ideas about limits, tracing the propagandizing of “free enterprise,” the elevation of growth as the central objective of policy makers, the celebration of “the magic of the market,” and the ever-widening influence of corporate-funded think tanks—a parallel academic universe dedicated to the dissemination of neoliberal principles and to the denial of health and environmental dangers from the effects of tobacco to global warming. More than forty years after The Limits to Growth, the idea that growth is essential continues to hold sway, despite the mounting evidence of its costs—climate destabilization, pollution, intensification of gross global inequalities, and depletion of the resources on which the modern economic edifice depends.

Evolutionary Economics: Program and Scope

By Kurt Dopfer
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Springer Science & Business Media
  • Book Code : 9401006482
  • Total of Pages : 374
  • Category : Business & Economics
  • Members : 346
  • Pdf File: evolutionary-economics.pdf

Book Short Summary:

Evolutionary Economics: Program and Scope offers a fresh look at the paradigmatic foundations and basic theoretical propositions of economics. Twelve authors - each of them with his own distinct contribution to economics - make a step forward by reinterpreting major areas of micro and macroeconomics in line with modern evolutionary thinking. This volume offers a unified approach to economics that allows recent developments in various strands of Evolutionary Economics to be integrated and major positions of Neoclassical Economics to be reconsidered. The chapters on `Evolutionary Macro Economics' explore macro areas such as the division of labor and knowledge, technology and institutions, population thinking, meso economics, techno-economic trajectories and industrial sectors. By telescoping structure into time, they highlight the processes of structural change and co-evolution between technologies and institutions, and provide a causal-explanatory core for a modern - evolutionary - theory of economic growth and economic development. The chapters on `Evolutionary Micro Economics' offer insights into the knowledge based theories of the firm and take up the issues of cognitive and behavioral routines. The contributions explore the processes of complex human choice, creativity, and adaptation in selective and path-dependent environments. The discussions make an essential contribution to the cognitive and behavioral foundations of a modern institutional economics.

Harvesting Prosperity

By Keith Fuglie,Madhur Gautam,Aparajita Goyal,William F. Maloney
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : World Bank Publications
  • Book Code : 1464814295
  • Total of Pages : 268
  • Category : Business & Economics
  • Members : 803
  • Pdf File: harvesting-prosperity.pdf

Book Short Summary:

Back cover blurb Rising agricultural productivity has driven improvements in living standards for millennia. Today, redoubling that effort in developing countries is critical to reducing extreme poverty, ensuring food security for an increasing global population, and adapting to changes in climate. This volume presents fresh analysis on global trends and sources of productivity growth in agriculture and offers new perspectives on the drivers of that growth. It argues that gains from the reallocation of land and labor are not as promising as believed, so policy needs to focus more on the generation and dissemination of new technologies, which requires stepping up national research efforts. Yet, in many of the poorest nations, a serious research spending gap has emerged precisely at the time when the challenges faced by agriculture are intensifying. The book focuses on how this problem can be redressed in the public sector, as well as on reforms aimed at mobilizing new private sector actors and value chains, particularly creating a better enabling environment, reforming trade regulations, introducing new products, and strengthening intellectual property rights. On the demand side, the book examines what recent research reveals about policies to reduce the barriers impeding smallholder farmers from adopting new technologies. Harvesting Prosperity is the fourth volume of the World Bank Productivity Project, which seeks to bring frontier thinking on the measurement and determinants of productivity to global policy makers. “As rightly argued by the authors, growth in agricultural productivity is the essential instrument to promote development in low-income agriculture-based countries. Achieving this requires research and development, upgrading of universities, reinforcement of farmer capacities, removal of constraints to adoption, and the development of inclusive value chains with interlinked contracts. As important, such efforts also need to be placed within a context of comprehensive agricultural, rural, and structural transformations. However, in many countries implementation of the requisite policies has been lagging. This book, with contributions from many top experts in the field, provides the most up-to-date presentation of this argument and explains in detail how to successfully put its ideas into practice. Governments, the private sector, and civil society organizations need to study it carefully to turn the promise of agriculture for development into a reality.“ Alain de Janvry and Elisabeth Sadoulet Professors of the Graduate School, University of California at Berkeley

Rewriting the Rules of the American Economy: An Agenda for Growth and Shared Prosperity

By Joseph E. Stiglitz
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : W. W. Norton & Company
  • Book Code : 0393254062
  • Total of Pages : 256
  • Category : Business & Economics
  • Members : 517
  • Pdf File: rewriting-the-rules-of-the-american-economy.pdf

Book Short Summary:

It’s time to rewrite the rules—to curb the runaway flow of wealth to the top one percent, to restore security and opportunity for the middle class, and to foster stronger growth rooted in broadly shared prosperity. Inequality is a choice. The United States bills itself as the land of opportunity, a place where anyone can achieve success and a better life through hard work and determination. But the facts tell a different story—the U.S. today lags behind most other developed nations in measures of inequality and economic mobility. For decades, wages have stagnated for the majority of workers while economic gains have disproportionately gone to the top one percent. Education, housing, and health care—essential ingredients for individual success—are growing ever more expensive. Deeply rooted structural discrimination continues to hold down women and people of color, and more than one-fifth of all American children now live in poverty. These trends are on track to become even worse in the future. Some economists claim that today’s bleak conditions are inevitable consequences of market outcomes, globalization, and technological progress. If we want greater equality, they argue, we have to sacrifice growth. This is simply not true. American inequality is the result of misguided structural rules that actually constrict economic growth. We have stripped away worker protections and family support systems, created a tax system that rewards short-term gains over long-term investment, offered a de facto public safety net to too-big-to-fail financial institutions, and chosen monetary and fiscal policies that promote wealth over full employment.

The Moral Consequences of Economic Growth

By Benjamin M. Friedman
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Vintage
  • Book Code : 0307773450
  • Total of Pages : 592
  • Category : Business & Economics
  • Members : 775
  • Pdf File: the-moral-consequences-of-economic-growth.pdf

Book Short Summary:

From the author of Day of Reckoning, the acclaimed critique of Ronald Reagan’s economic policy (“Every citizen should read it,” said The New York Times): a persuasive, wide-ranging argument that economic growth provides far more than material benefits. In clear-cut prose, Benjamin M. Friedman examines the political and social histories of the large Western democracies–particularly of the United States since the Civil War–to demonstrate the fact that incomes on the rise lead to more open and democratic societies. He explains that growth, rather than simply a high standard of living, is key to effecting political and social liberalization in the third world, and shows that even the wealthiest of nations puts its democratic values at risk when income levels stand still. Merely being rich is no protection against a turn toward rigidity and intolerance when a country’s citizens lose the sense that they are getting ahead. With concrete policy suggestions for pursuing growth at home and promoting worldwide economic expansion, this volume is a major contribution to the ongoing debate about the effects of economic growth and globalization.

World Social Report 2020

By Department of Economic and Social Affairs
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : United Nations
  • Book Code : 9210043677
  • Total of Pages : 216
  • Category : Social Science
  • Members : 945
  • Pdf File: world-social-report-2020.pdf

Book Short Summary:

This report examines the links between inequality and other major global trends (or megatrends), with a focus on technological change, climate change, urbanization and international migration. The analysis pays particular attention to poverty and labour market trends, as they mediate the distributional impacts of the major trends selected. It also provides policy recommendations to manage these megatrends in an equitable manner and considers the policy implications, so as to reduce inequalities and support their implementation.

Handbook on Poverty + Inequality

By Jonathan Haughton,Shahidur R. Khandker
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : World Bank Publications
  • Book Code : 9780821376140
  • Total of Pages : 442
  • Category : Business & Economics
  • Members : 360
  • Pdf File: handbook-on-poverty-inequality.pdf

Book Short Summary:

For anyone wanting to learn, in practical terms, how to measure, describe, monitor, evaluate, and analyze poverty, this Handbook is the place to start. It is designed to be accessible to people with a university-level background in science or the social sciences. It is an invaluable tool for policy analysts, researchers, college students, and government officials working on policy issues related to poverty and inequality.

Routledge Handbook of Global Sustainability Governance

By Agni Kalfagianni,Doris Fuchs,Anders Hayden
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1351691295
  • Total of Pages : 390
  • Category : Business & Economics
  • Members : 230
  • Pdf File: routledge-handbook-of-global-sustainability-governance.pdf

Book Short Summary:

The Routledge Handbook of Global Sustainability Governance provides a state-of-the-art review of core debates and contributions that offer a more normative, critical, and transformatively aspirational view on global sustainability governance. In this landmark text, an international group of acclaimed scholars provides an overview of key analytical and normative perspectives, material and ideational structural barriers to sustainability transformation, and transformative strategies. Drawing on pivotal new and contemporary research, the volume highlights aspects to be considered and blind spots to be avoided when trying to understand and implement global sustainability governance. In this context, the authors of this book debunk many myths about all-too optimistic accounts of progress towards a sustainability transition. Simultaneously, they suggest approaches that have the potential for real sustainability transformation and systemic change, while acknowledging existing hurdles. The wide-ranging chapters in the collection are organised into four key parts: • Part 1: Conceptual lenses • Part 2: Ethics, principles, and debates • Part 3: Key challenges • Part 4: Transformative approaches This handbook will serve as an important resource for academics and practitioners working in the fields of sustainability governance and environmental politics.

Throwing Rocks at the Google Bus

By Douglas Rushkoff
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Penguin
  • Book Code : 0698153669
  • Total of Pages : 304
  • Category : Business & Economics
  • Members : 563
  • Pdf File: throwing-rocks-at-the-google-bus.pdf

Book Short Summary:

Why doesn’t the explosive growth of companies like Facebook and Uber deliver more prosperity for everyone? What is the systemic problem that sets the rich against the poor and the technologists against everybody else? When protesters shattered the windows of a bus carrying Google employees to work, their anger may have been justifiable, but it was misdirected. The true conflict of our age isn’t between the unem­ployed and the digital elite, or even the 99 percent and the 1 percent. Rather, a tornado of technological improvements has spun our economic program out of control, and humanity as a whole—the protesters and the Google employees as well as the shareholders and the executives—are all trapped by the consequences. It’s time to optimize our economy for the human beings it’s supposed to be serving. In this groundbreaking book, acclaimed media scholar and author Douglas Rushkoff tells us how to combine the best of human nature with the best of modern technology. Tying together disparate threads—big data, the rise of robots and AI, the increasing participation of algorithms in stock market trading, the gig economy, the collapse of the eurozone—Rushkoff provides a critical vocabulary for our economic moment and a nuanced portrait of humans and commerce at a critical crossroads.

Post Growth

By Tim Jackson
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : John Wiley & Sons
  • Book Code : 1509542531
  • Total of Pages : 256
  • Category : Political Science
  • Members : 796
  • Pdf File: post-growth.pdf

Book Short Summary:

‘Empowering and elegiac’ Yanis Varoufakis, author of Another Now ‘Utterly inspiring’ Caroline Lucas, MP, Green Party ‘A masterpiece of measured rage and love’ Jonathan Porritt, author of Hope in Hell Capitalism is broken. The relentless pursuit of more has delivered climate catastrophe, social inequality and financial instability – and left us ill-prepared for life in a global pandemic. Tim Jackson’s passionate and provocative book dares us to imagine a world beyond capitalism – a place where relationship and meaning take precedence over profits and power. Post Growth is both a manifesto for system change and an invitation to rekindle a deeper conversation about the nature of the human condition.

Prosperity without Growth

By Tim Jackson
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1317388216
  • Total of Pages : 310
  • Category : Business & Economics
  • Members : 588
  • Pdf File: prosperity-without-growth.pdf

Book Short Summary:

What can prosperity possibly mean in a world of environmental and social limits? The publication of Prosperity without Growth was a landmark in the sustainability debate. Tim Jackson’s piercing challenge to conventional economics openly questioned the most highly prized goal of politicians and economists alike: the continued pursuit of exponential economic growth. Its findings provoked controversy, inspired debate and led to a new wave of research building on its arguments and conclusions. This substantially revised and re-written edition updates those arguments and considerably expands upon them. Jackson demonstrates that building a ‘post-growth’ economy is a precise, definable and meaningful task. Starting from clear first principles, he sets out the dimensions of that task: the nature of enterprise; the quality of our working lives; the structure of investment; and the role of the money supply. He shows how the economy of tomorrow may be transformed in ways that protect employment, facilitate social investment, reduce inequality and deliver both ecological and financial stability. Seven years after it was first published, Prosperity without Growth is no longer a radical narrative whispered by a marginal fringe, but an essential vision of social progress in a post-crisis world. Fulfilling that vision is simply the most urgent task of our times.

Globalisation, Economic Transition and the Environment

By Phillip Lawn
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Edward Elgar Publishing
  • Book Code : 1781951411
  • Total of Pages : 384
  • Category : Business & Economics
  • Members : 596
  • Pdf File: globalisation-economic-transition-and-the-environment.pdf

Book Short Summary:

This book focuses on three critical issues pertaining to the broader goal of sustainable development _ namely, the degenerative forces of globalisation, ecological sustainability requirements, and how best to negotiate the economic transition process.ø