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ID:
062458
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Jul-Aug 2005.
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| Summary/Abstract |
Increasing aid and market access for poor countries makes sense but will not do that much good. Wealthy nations should also push other measures that could be far more rewarding, such as giving the poor more control over economic policy, financing new development-friendly technologies, and opening labor markets.
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| 2 |
ID:
144023
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| Summary/Abstract |
The two economic developments that have garnered the most attention in recent years are the concentration of massive wealth in the richest one percent [1] of the world’s population and the tremendous, growth-driven decline [2] in extreme poverty in the developing world, especially in China. But just as important has been the emergence of large middle classes in developing countries around the planet. This phenomenon—the result of more than two decades of nearly continuous fast-paced global economic growth—has been good not only for economies but also for governance. After all, history suggests that a large and secure middle class is a solid foundation on which to build and sustain an effective, democratic state. Middle classes not only have the wherewithal to finance vital services such as roads and public education through taxes; they also demand regulations, the fair enforcement of contracts, and the rule of law more generally—public goods that create a level social and economic playing field on which all can prosper
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| 3 |
ID:
101898
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| Publication |
2011.
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| Summary/Abstract |
The American version of capitalism is no longer dominant around the world.In the next decade, developing countries are likely to continue to trade the flexibility and efficiency associated with the free-market model for domestic policies meant to ensure greater resilience in the face of competitive pressures and gobal economic trauma.
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| 4 |
ID:
052336
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| Publication |
Jul-Aug 2004.
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| Summary/Abstract |
Of all the pressing questions facing Iraq today, perhaps the most important in the long run is what to do with the country's oil. Vast wealth from natural resources can often be a curse, not a blessing, corrupting a nation's political and economic institutions and impeding the growth of democracy. There is only one way for Iraq to resist the oil curse: by handing over the proceeds directly to the Iraqi people.
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