web site hit counter Capital and Collusion: The Political Logic of Global Economic Development - Ebooks PDF Online
Hot Best Seller

Capital and Collusion: The Political Logic of Global Economic Development

Availability: Ready to download

Why does capital formation often fail to occur in developing countries? Capital and Collusion explores the political incentives that either foster growth or steal nations' growth prospects. Hilton Root examines the frontier between risk and uncertainty, analyzing the forces driving development in both developed and undeveloped regions. In the former, he argues, institutions Why does capital formation often fail to occur in developing countries? Capital and Collusion explores the political incentives that either foster growth or steal nations' growth prospects. Hilton Root examines the frontier between risk and uncertainty, analyzing the forces driving development in both developed and undeveloped regions. In the former, he argues, institutions reduce everyday economic risks to levels low enough to make people receptive to opportunities for profit, stimulating developments in technology and science. Not so in developing countries. There, institutions that specialize in sharing risk are scarce. Money hides under mattresses and in teapots, creating a gap between a poor nation's savings and its investment. As a consequence, the developing world faces a growing disconnect between the value of its resources and the availability of finance. What are the remedies for eliminating this disparity? Root shows us how to close the growing wealth gap among nations by building institutions that convert uncertainty into risk. Comparing China to India, Latin America to East Asia, and contemporary to historical cases, he offers lessons that can help the World Bank and the International Monetary Fund to tackle the political incentives that are the source of poor governance in developing nations.


Compare

Why does capital formation often fail to occur in developing countries? Capital and Collusion explores the political incentives that either foster growth or steal nations' growth prospects. Hilton Root examines the frontier between risk and uncertainty, analyzing the forces driving development in both developed and undeveloped regions. In the former, he argues, institutions Why does capital formation often fail to occur in developing countries? Capital and Collusion explores the political incentives that either foster growth or steal nations' growth prospects. Hilton Root examines the frontier between risk and uncertainty, analyzing the forces driving development in both developed and undeveloped regions. In the former, he argues, institutions reduce everyday economic risks to levels low enough to make people receptive to opportunities for profit, stimulating developments in technology and science. Not so in developing countries. There, institutions that specialize in sharing risk are scarce. Money hides under mattresses and in teapots, creating a gap between a poor nation's savings and its investment. As a consequence, the developing world faces a growing disconnect between the value of its resources and the availability of finance. What are the remedies for eliminating this disparity? Root shows us how to close the growing wealth gap among nations by building institutions that convert uncertainty into risk. Comparing China to India, Latin America to East Asia, and contemporary to historical cases, he offers lessons that can help the World Bank and the International Monetary Fund to tackle the political incentives that are the source of poor governance in developing nations.

26 review for Capital and Collusion: The Political Logic of Global Economic Development

  1. 4 out of 5

    Kasey

  2. 5 out of 5

    Ryan

  3. 4 out of 5

    Lilian

  4. 4 out of 5

    Mike

  5. 4 out of 5

    Andrew

  6. 5 out of 5

    Lateef

  7. 5 out of 5

    Patrin

  8. 4 out of 5

    Holly

  9. 4 out of 5

    Kevin

  10. 4 out of 5

    Tony

  11. 4 out of 5

    Lori Michaelson

  12. 4 out of 5

    Namaa

  13. 5 out of 5

    YuHan Zhang

  14. 4 out of 5

    BookDB

  15. 4 out of 5

    Sami

  16. 5 out of 5

    A_zhong01

  17. 4 out of 5

    a nutcase

  18. 5 out of 5

    Shen Yu

  19. 4 out of 5

    Liusmiler323

  20. 4 out of 5

    Lingyan Wu

  21. 4 out of 5

    Marko Mehner

  22. 4 out of 5

    Otto Lehto

  23. 4 out of 5

    R. Gabriel Esteves

  24. 5 out of 5

    Alex Clayton

  25. 4 out of 5

    The Uprightman

  26. 4 out of 5

    farid Chedid

Add a review

Your email address will not be published. Required fields are marked *

Loading...
We use cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy.