Some Origins of Development Economics
نویسندگان
چکیده
منابع مشابه
Institutional Economics of Development: Some General Reflections By
Institutional Economics is now a thriving subject in development, as it should be, since the major difference between the economics of rich and poor countries is arguably in the different institutional framework we implicitly or explicitly use in understanding or analyzing them. Other substantial differences, say in geography or culture or history also work sometimes through institutional diffe...
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Supplementary section for Understanding Networked Applications: A First Course, Morgan Kaufmann, 1999. Copyright notice: Permission is granted to copy and distribute this material for educational purposes only, provided that this copyright notice remains attached. A tried-and-true technique in economics is to build a simple (or often sophisticated) mathematical model, and use it to gain insight...
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Imagine that once upon a time the policymakers of the emerging British Empire believed that a nations wealth came from the magnitude of its trade with distant nations. In pursuit of this belief, they set up the Imperial Trade Commission, which in turn decided that the way to optimize trade with India was to create the East India Company and give it a monopoly over trade with India. Along came ...
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We argue five main propositions. First, the choice between royalties and profit-based taxation involves an efficiency tradeoff, between diminished incentives to produce output on one hand, and diminished incentives to minimise costs on the other (as in Laffont and Tirole, 1993). So the Brown tax is indeed a tax, and one that reduces the incentive to mine. Next, the ex post Resource Super Profit...
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What we know as the developing world is approximately the group of countries classified by the World Bank as having “low” and “middle” income. An exact description is unnecessary and not too revealing; suffice it to observe that these countries make up over 5 billion of world population, leaving out the approximately one billion who are part of the “high” income developed world. Together, the l...
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ژورنال
عنوان ژورنال: The IDS Bulletin
سال: 2009
ISSN: 0308-5872
DOI: 10.1111/j.1759-5436.1979.mp10004007.x