Understanding Development How Do Countries Develop
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Understanding Development: How Do Countries Develop ?
What is development? Do the less developed countries of the world have any chance to become modern and developed? What is the best path for a country to take towards development? How do traditional societies evolve into more advanced societies of the type found in modern and developed countries? The book attempts to answer all of these thought-provoking questions. I have been working in the sphere of international development for more than 15 years, and have consulted different governments in Europe, Asia and Africa on the development issues. Each developing country in which I have worked is different and unique, yet they share a significant number of common features peculiar to developing counties. I want to emphasize one of them: pessimism towards the prospects of country's development. I came across this in my experiences (in the low and middle income group countries) whereby civil servants or the general population of those countries were very pessimistic of their respective country's development prospects. One of the biggest drivers for this pessimism was limited knowledge with regards to two particular questions: what is development and how do countries develop generally? This issue is complicated by the fact that one needs some basic level knowledge of several interconnected disciplines to adequately answer these development field questions (such as economics, political science, sociology, geography, demographics, etc.). As a matter of fact, the majority of books in the development field concentrate only on one or a few disciplines to provide viewpoints in development. There are, also, many schools of thought and conventions regarding which are the exact features constituting the "development" of a country and thus what should be the development priorities. This book tries to be innovative and daring to target all of these. It observes development from different viewpoints of various disciplines and discusses all major theories of development. It tries to attract the interest of readers from as many different academic backgrounds as possible. For this reason, simple language is used to the extent possible and complex social sciences terminologies are largely avoided. For the terminology that is used, explanations are provided either in the text or in footnotes. The book contains some real stories from development practice with some selected cases from different development consultancy assignments. The book discusses case studies of remarkable examples in the development history (such as those of Singapore and Ireland), contemporary, actual topics (such as globalization and development), modern global changes and their influence on development. The case study of Singapore can be used for generating ideas how to implement policies and build institutions in the developing countries context. The most important factor in Singapore's success, as acknowledged by many scientists, was skillfully designed public policies. All major successful public policies are analyzed in the book, along with institutions progress in the country. Ireland's success (1995-2007 Celtic Tiger period) has been universally acknowledged. The book discusses the most important messages from the successful development case of Ireland to the developing World. Finally, different levels of development of nations, differences of value systems, different cultures and beliefs are suggested to create a diversity, the thrilling diversity of the World.
Understanding Development Economics
Important parts of development practice, especially in key institutions such as the World Bank, are dominated by economists. In contrast, Development Studies is largely based upon multidisciplinary work in which anthropologists, human geographers, sociologists, and others play important roles. Hence, a tension has arisen between the claims made by Development Economics to be a scientific, measurable discipline prone to wide usage of mathematical modelling, and the more discursive, practice based approach favoured by Development Studies. The aim of this book is to show how the two disciplines have interacted, as well as how they differ. This is crucial in forming an understanding of development work, and to thinking about why policy recommendations can often lead to severe and continuing problems in developing countries. This book introduces Development Economics to those coming from two different but linked perspectives; economists and students of development who are not economists. In both explaining and critiquing Development Economics, the book is able to suggest the implications of these findings for Development Studies, and more broadly, for development policy and its outcomes.
Financial Inclusion, Remittance Inflows, And Poverty Reduction In Developing Countries: Evidence From Empirical Analyses
Many empirical analyses have demonstrated that financial inclusion and remittance inflows both indicate the potential of finance to resolve issues of growth and poverty in developing countries. Based on a wide-ranging review of prior research and empirical analyses from a new perspective, this book aims to systematically clarify the relations between financial inclusion, remittance inflows, economic growth, and poverty reduction in developing countries, revealing a new role for development finance.