| Growth and Policy in Developing Countries: A Structuralist Approach Contributor(s): Ocampo, José Antonio (Author), Rada, Codrina (Author), Taylor, Lance (Author) |
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ISBN: 0231150148 ISBN-13: 9780231150149 Publisher: Columbia University Press OUR PRICE: $39.60 Product Type: Hardcover - Other Formats Published: October 2009 |
| Additional Information |
| BISAC Categories: - Business & Economics | Development - Economic Development - Political Science | International Relations - General - Business & Economics | Development - Sustainable Development |
| Dewey: 338.900 |
| LCCN: 2009025303 |
| Series: Initiative for Policy Dialogue at Columbia |
| Physical Information: 0.9" H x 6.1" W x 9" (0.90 lbs) 200 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Economic structuralists use a broad, systemwide approach to understanding development, and this textbook assumes a structuralist perspective in its investigation of why a host of developing countries have failed to grow at 2 percent or more since 1960. Sensitive to the wide range of factors that affect an economy's strength and stability, the authors identify the problems that have long frustrated growth in many parts of the developing world while suggesting new strategies and policies to help improve standards of living. After a survey of structuralist methods and post-World War II trends of global economic growth, the authors discuss the role that patterns in productivity, production structures, and capital accumulation play in the growth dynamics of developing countries. Next, it outlines the evolution of trade patterns and the effect of the terms of trade on economic performance, especially for countries that depend on commodity exports. The authors acknowledge the structural limits of macroeconomic policy, highlighting the negative effects of financial volatility and certain financial structures while recommending policies to better manage external shocks. These policies are then further developed through a discussion of growth and structural improvements, and are evaluated according to which policy options-macro, industrial, or commercial--best fit within different kinds of developing economies. |
Contributor Bio(s): Ocampo, Jose Antonio: - José Antonio Ocampo is codirector of Banco de la Republica (Colombia's central bank), professor in the School of International and Public Affairs (on leave for public service), and copresident of the Initiative for Policy Dialogue at Columbia University. His books with Columbia University Press are Growth and Policy in Developing Countries: A Structuralist Approach (2009, coauthor), Development Cooperation in Times of Crisis (2012, coedited with José Antonio Alonso), and Too Little, Too Late: The Quest to Resolve Sovereign Debt Crises (2016, also coedited with Joseph E. Stiglitz), and The Welfare State Revisited (2018). |
