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malinvaud edmond; milleron jean-claude; nabli mustapha k.; sen amartya k.; sengupta arjun; stern nicholas; stiglitz joseph e.; suzumura kotaro - development strategy and management of the market economy: volume 1

Development Strategy and Management of the Market Economy: Volume 1 Volume I

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Dettagli

Genere:Libro
Lingua: Inglese
Pubblicazione: 11/2000





Trama

These companion volumes examine the highly topical issue of the adequacy of markets as an instrument of economic and social development. In this era of transition and experimentation in economic management by governments, a group of prominent international economists was brought together to distill their thinking on the changing role of government in the development process. The first volume discusses the broad questions; the second volume breaks down the analysis into more detailed topics.




Note Editore

Recent years have seen greater attention being given to the role of markets as an instrument of economic development. Responding to new thinking and changed economic circumstances, governments' perceptions of their own role in the management of their economies have shifted. This volume distils the thinking and experience of an international group of eight distinguished economists on this changing function of government in the development process. Many governments have withdrawn from direct involvement in certain sectors of the economy and have reduced their intervention and control in others–most dramatically in the former centrally planned economies, but also in developing countries, and in advanced countries where markets are already pre-eminent. In this process, it has been recognized that, left entirely to their own devices, markets may be either inadequate or inappropriate for a country's overall economic and social development. Government has a vital role to play even in facilitating the effective functioning of markets–to ensure the necessary infrastructure is in place, to sustain macroeconomic stability, to provide a framework for effective interaction with the international economy. It also has a responsibility to correct the market's inclinations in certain directions, in particular to provide a fuller perspective on the future, to give direction in critical sectors, and, importantly, to fulfil a number of social objectives. The challenges lie in identifying policies and selecting instruments that enable the government to fulfil these roles complementing the contribution of markets.




Sommario

1 - Introduction: An Overview of the Exercise
2 - What's the Point of a Development Strategy?
3 - The Role of Government in the Economies of Developing Countries
4 - The Future of Planning in Market Economies
5 - Macroeconomic Policy and the Role of the State in a Changing World
6 - Industrial Policy in Developing Market Economies
7 - Global Aspects of a Development Strategy
8 - A Framework for a Development Strategy in a Market Economy




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Altre Informazioni

ISBN:

9780199241347

Condizione: Nuovo
Collana: Development Strategy and Management of the Market Economy
Dimensioni: 216 x 18.0 x 139 mm Ø 390 gr
Formato: Brossura
Illustration Notes:line figures, tables
Pagine Arabe: 315






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