Overview
- Driven by empirical data for 145 developing countries over the past third of an century, from 1980 to 2017
- Comprehensive overview of the main indicators behind the growth process
- Examines high income, middle income and low income developing countries as regards their performance in the accumulation of physical and human capital
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About this book
The financial crisis in advanced economies and its impact on developing countries has put the longer term agenda of development – structural transformation of countries, of their growth, jobs, poverty and distribution – on the analytic and policy backburner. Day to day management of macro fundamentals in the global economy and the labour market have consumed decision makers with faltering GDP growth, soaring unemployment, and a resurgent threat of deflation. Without understanding and addressing the structural constraints and imbalances underpinning such global problems, the world economy is doomed to experience an increasing number of crises and emerging dualisms between countries.
The aim of this book is to bring back a balance to the development debate by re-focusing on the structural development challenges faced by developing countries. The book develops a coherent analytical framework supported by a large body of new empirical evidence linking three core dimensions – thestructure of growth, employment, and their macro drivers. Then, for each of these dimensions and relationships a variety of effective policies are also identified and elucidated with the added granularity of country cases.
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Keywords
Table of contents (8 chapters)
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Three Empirical Regularities in Development: In Growth, Jobs, and Macro Drivers
Authors and Affiliations
About the author
Moazam Mahmood is Former Director for the Research Department at the International Labour Organization (ILO). He is now a Visiting Professor at the Capital University of Economics and Business, Beijing, China, and a Professor in Economics at the Lahore School of Economics in Pakistan, and also acts as a Member of the Commission on Africa, Chaired by Professor Joseph Stiglitz at Columbia University, USA.
Bibliographic Information
Book Title: The Three Regularities in Development
Book Subtitle: Growth, Jobs and Macro Policy in Developing Countries
Authors: Moazam Mahmood
DOI: https://doi.org/10.1007/978-3-319-76959-2
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2018
Hardcover ISBN: 978-3-319-76958-5Published: 19 June 2018
Softcover ISBN: 978-3-030-08334-2Published: 08 January 2019
eBook ISBN: 978-3-319-76959-2Published: 06 June 2018
Edition Number: 1
Number of Pages: XLI, 316
Number of Illustrations: 140 b/w illustrations
Topics: Labor Economics, Development Economics, Macroeconomics/Monetary Economics//Financial Economics