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Study Guide for Economic Growth and Development
This book is a solutions manual and study guide to the 3rd edition of Economic Growth and Development.It includes solutions to all end-of-chapter questions and model-based problems within the text.In addition, each chapter contains a reader’s guide for students working through the main text, including objectives, discussion of sticking points, and main takeaways.These should prove useful to students and instructors using this book.
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Knowledge Economy and Sustainable Economic Development : A critical review
In this book, the author focuses on the intersection of two major bodies of policy and practice: knowledge economy and ICTs on one hand, and sustainable economic development on the other.It aims to provide a broad-ranging account of the social and economic terrain demarcated by this intersection in order to reach conclusions and offer guidelines for policy development.Although based on the case of a developing country (Vietnam) its analyses, arguments and conclusions are of universal relevance. Key features comprehensive picture of a society from the perspective of knowledge for development Intersection of ICTs (Information and Communications Technology), knowledge, and sustainable economic development Can be used in courses of sociology, political economy, development economics, knowledge economics, information and telecommunication technology, sustainable development, and public administration.
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Universities as Engines of Economic Development : Making Knowledge Exchange Work
This book describes patterns of behavior that collectively allow universities to exchange knowledge more effectively with industry, accelerate innovation and eventually contribute to economic development.These are based on the effective practices of leading and ambitious universities around the world that the authors have benchmarked, and the personal experiences of the authors in a number of international institution building projects, including those of MIT. The authors provide guidance that is globally applicable, but must be locally adapted.The approach is first to describe the context in which universities act as engines of economic development, and then present a set of effective practices in four domains: education, research, innovation, and supporting practices.Each of these domains has three to six practices, and each practice is presented in a similar template, with an abstract, a rationale and description, key actions and one or two mini-case studies.The practices are summarized by integrative case studies.The book:Focuses on a globally adaptable set of effective practices, complemented by case studies, that can enhance universities’ contribution to economic development, based on an integrated view of education, research and innovation;Presents effective practices and broader insights that come from real global experience, spelled out in templates and explained by cases;Includes tangible resources for university leaders, policy makers and funders on how to proceed.
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Robotization and Economic Development
This book critically examines the sweeping impacts of robotization and the use of artificial intelligence on employment, per capita income, quality of life, poverty, and inequality in developing and developed economies.It analyzes the direct and indirect effects they have had and are projected to have on the labour markets and production processes in the manufacturing, healthcare and agricultural industries among others.The author explores comparisons of human labour with robotic labour emphasizing the changes that new technologies will bring to traditionally labour-intensive industries.Offering various insights into the effectiveness, benefits and negative implications of robotization on the economy, the book provides a comprehensive picture for policymakers to implement changes that embrace new technologies while meeting employment needs and development goals. Topical and lucid, this book will be an essential read for scholars and researchers of science and technology studies, digital humanities, economics, labour studies, public policy, development studies, political studies and sociology as well as policymakers and others who are interested in these areas.
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What are the consequences for economic development?
The consequences for economic development can vary depending on the specific situation. In general, corruption can hinder economic growth by diverting resources away from productive activities and creating an uneven playing field for businesses. It can also deter foreign investment and erode public trust in institutions, leading to a lack of confidence in the economy. Ultimately, corruption can stifle innovation, reduce competitiveness, and impede overall economic progress.
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How was the economic development in East Germany?
After World War II, East Germany was under Soviet control and implemented a centrally planned economy. This led to rapid industrialization, but the economy struggled to keep up with the more advanced West Germany. The lack of innovation, inefficiencies, and a focus on heavy industry rather than consumer goods hindered economic development in East Germany. Following the reunification of Germany in 1990, East Germany faced significant challenges in transitioning to a market economy and catching up with the West.
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How does one become an economic development officer?
To become an economic development officer, one typically needs a bachelor's degree in economics, business administration, public administration, or a related field. Some employers may require a master's degree for higher-level positions. Relevant work experience in economic development, government, or business is also important. Additionally, obtaining certifications such as Certified Economic Developer (CEcD) can enhance one's qualifications for this role. Networking within the economic development field and staying updated on industry trends can also help in securing a position as an economic development officer.
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How has the economic development evolved after reunification?
After reunification, East Germany underwent a period of economic transformation as it transitioned from a centrally planned economy to a market-oriented one. The process was challenging and led to a decline in industrial output and high unemployment rates in the East. However, significant investments were made in infrastructure, education, and industry, which eventually led to economic growth and convergence between East and West Germany. Today, the East German economy has made significant progress, with improved living standards and a more diversified economy, although disparities between the two regions still exist.
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Latin American Economic Development
Latin America is one of the most intriguing parts of the world.The region’s illustrious history, culture, and geography are famous internationally, but in terms of economics, Latin America has been generally associated with problems.For many, the combination of a resource-rich region and poor economic conditions has been a puzzle. This extensively revised and updated third edition of Latin American Economic Development continues to provide the most up-to-date exploration of why the continent can be considered to have underperformed, how the various Latin American economies function, and the future prospects for the region.The book addresses the economic problems of Latin America theme by theme. Changes and new features in this new edition include: a new chapter on economic growth that reflects the new understanding of slow growth in the region; two new appendices on basic microeconomics and macroeconomics; expanded coverage on new commodities such as lithium and quinoa; a number of new boxes and updates to existing boxes; for instructors, PowerPoint presentations and an extensive test bank are available. The book provides a comprehensive text for undergraduate economics courses on Latin America and is also suitable for use by students in other disciplines looking for a wide-ranging guide to the region.This book will continue to be an invaluable resource for undergraduates looking at Latin American economics, growth, and development.
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The Economic Sociology of Development
Bringing the study of international inequality back into the core of sociological theory, this book offers a user-friendly introduction to development and underdevelopment.In doing so, it places various approaches to the definition, measurement, and understanding of “development” against the backdrop of broader sociological debates. Schrank draws concrete examples from different regions and epochs to explore sociological thinking about development and underdevelopment informed by the latest currents in economic sociology.Across a series of chapters, he identifies relationships between mainstream and Marxist approaches to the study of international inequality; uses classical and contemporary social theory to develop a parsimonious typology of national development outcomes; addresses cross-border learning and diffusion in light of the latest developments in organization theory; considers the roles of religious, racial, and gender identities in the development process in different places and times; and portrays contemporary global challenges - such as populism, pandemics, and climate change - as distinctly sociological problems in need of multifaceted solutions. Enriched with expository figures, tables, and diagrams, this accessible book simultaneously distills and develops the sociological approach to the study of development and underdevelopment for both undergraduate and graduate students across the social sciences.
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The WTO and Economic Development
Economists offer rigorous quantitative analyses of how the institutional design and purpose of the WTO (and its progenitor, the GATT) affect economic development. The World Trade Organization (WTO) was established partly to support economic development in developing countries through international trade.This goal has been elusive, with some questioning the WTO's ability to achieve such a goal.In this volume, leading scholars in the economics of international trade offer rigorous quantitative analyses of how the institutional design and purpose of the WTO (and its progenitor, the GATT) affect economic development.The volume begins with analyses of market access concessions that have been or could be exchanged between developing and developed countries, from a formal framework for incorporating non-tariff measures into a model for analyzing a multilateral trade agreement to an examination of the MFN (most-favored nation) free rider problem.Contributors then develop new theoretical and econometric approaches for understanding key aspects of trade liberalization under the GATT/WTO that are of particular relevance to economic development, considering such topics as achieving cooperation in eliminating prohibitive trade barriers and the effect of China's export subsidies on its dramatic growth in exports.Finally, the book considers two significant new issues that arose from the Uruguay round, from which the WTO was formed: the TRIPS agreement, regulating intellectual property; and the resolution of trade disputes with and without litigation.Taken together, these analyses shed new light on the relationship between trade liberalization and economic development as well as the WTO's effectiveness.
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The Process of Economic Development
The fourth edition of The Process of Economic Development offers a thorough and up-to-date treatment of development economics.This landmark text will continue to be an invaluable resource for students, teachers and researchers in the fields of development economics and development studies. The new edition has been revised and updated throughout, reflecting the most recent developments in research and incorporating the latest empirical data, as well as key theoretical advances.The period since the publication of the third edition of The Process of Economic Development has been a time of immense change in the developing world.The period has seen huge economic growth in China, economic restructuring in India and the continuing impact of environmental issues such as climate change.The fourth edition reflects these developments, as well as including numerous case studies and new material on the following:transnational corporations and labor in export processing zonesindustrial policy and structural change gender inequality, income distribution and development progress towards the Millennium Development Goals technology and national innovation systems aid and the least developed nations the post debt crisis era and debt relief for Africa.Cypher's comprehensive account remains the development economics text par excellence, as it takes a much more practical, hands-on view of the issues facing developing countries than other, overly mathematical texts.This book is unique in its scope and in the detailed attention it gives to the historical contexts that have influenced progress toward development.It is accessibly written both for students of economics and for those with an interest in the many aspects of development studies.
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Can the economic development in Germany be applied?
Yes, the economic development in Germany can be applied to other countries. Germany's economic success is built on a strong manufacturing base, a highly skilled workforce, and a focus on innovation and technology. These are principles that can be adopted and adapted by other countries looking to improve their own economic development. Additionally, Germany's emphasis on vocational training and apprenticeship programs can serve as a model for other nations seeking to develop their workforce and reduce unemployment. Overall, Germany's economic development strategies can provide valuable lessons and inspiration for other countries looking to improve their own economic performance.
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What are exogenous and endogenous causes of economic development?
Exogenous causes of economic development refer to external factors that influence a country's economic growth, such as global economic conditions, technological advancements, and international trade agreements. On the other hand, endogenous causes of economic development are internal factors within a country that drive economic growth, such as human capital development, infrastructure investments, and institutional reforms. Both exogenous and endogenous causes play a significant role in shaping a country's economic development trajectory.
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How was the economic development in East Germany (DDR)?
After World War II, East Germany (DDR) experienced rapid industrialization and economic growth under Soviet influence. The government implemented a centrally planned economy, focusing on heavy industry and prioritizing production quotas over consumer goods. However, this led to inefficiencies, shortages, and a lack of innovation. Following the reunification of Germany in 1990, East Germany faced significant challenges in transitioning to a market economy, resulting in high unemployment and economic disparities between the East and West.
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What is an economic high school?
An economic high school is a specialized high school that focuses on teaching students about economics, finance, and business-related topics. These schools often offer courses in subjects such as accounting, marketing, entrepreneurship, and personal finance. Students who attend an economic high school may have the opportunity to participate in internships, business competitions, and other hands-on learning experiences to prepare them for careers in the business world. Overall, an economic high school provides students with a strong foundation in economic principles and practical skills that can be applied in various industries.
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