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Registros recuperados: 22
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Economics, Area Studies and Human Development AgEcon
Ranis, Gustav.
This paper suggests that area studies and economics have a better chance to be married successfully if we shift our attention from the exclusive emphasis on economic growth towards improvements in human development, especially the much broadened version of that concept. Different areas are shown to differ substantially in terms of the choices they make among the various independent dimensions of well-being and the various indicators within each dimension. The particular characteristics of each area play an important role in determining the choices societies make and the extent to which they are constrained by their initial conditions.
Tipo: Working or Discussion Paper Palavras-chave: Economics; Human Development; Area Studies; Institutional and Behavioral Economics; Political Economy; O1; O2; O5.
Ano: 2009 URL: http://purl.umn.edu/52333
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Paths to Success: The Relationship Between Human Development and Economic Growth AgEcon
Boozer, Michael A.; Ranis, Gustav; Stewart, Frances; Suri, Tavneet.
This paper explores the two-way relationships between Economic Growth (EG) and Human Development (HD), building on an earlier work by Ranis, Stewart, and Ramirez (2000). Here, we show that HD is not only a product of EG but also an important input to it. The paper develops new empirical strategies to estimate the strength of the two-way chains connecting HD and EG. Building on existing growth literature, we explore the empirical determinants of positive growth trajectories running from HD to EG and find that HD plays an essential role in explaining growth trajectories. Our findings point to the empirical relevance of endogenous growth models in general, and threshold effect models in particular. We also develop a measure of the strength of the EG to HD...
Tipo: Working or Discussion Paper Palavras-chave: Human development; Economic growth; Threshold models; Labor and Human Capital; O15; O57; C23.
Ano: 2003 URL: http://purl.umn.edu/28379
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Technology Change: Sources and Impediments AgEcon
Ranis, Gustav; Irons, Mallory; Huang, Yanjing.
There is little doubt that technology change, both in terms of its process and quality dimensions, represents the principal driving force to explain comparative economic performance at both micro and macro levels. This paper examines the sources of technology change and the impediments to the full realization of its opportunities, both abstractly and in the context of a comparison among six typologically diverse developing countries. Among the external sources, we examine the roles of trade, foreign patents and FDI; among the internal sources we examine the roles of investment, domestic R&D, domestic patents, S&T personnel and secondary education alternatives. Among impediments, we analyze certain public and private policy frameworks which tend...
Tipo: Working Paper Palavras-chave: Development; Technological Change; Research and Development/Tech Change/Emerging Technologies; O11; O14; O33.
Ano: 2011 URL: http://purl.umn.edu/118647
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Migration, Trade, Capital and Development: Substitutes, Complements and Policies AgEcon
Ranis, Gustav.
Migration of the unskilled clearly benefits the origin country, mainly due to the flow of remittances but also if the departure of some raises the ability of others to migrate. This depends on whether trade is a complement or a substitute for migration. The impact of such flows on the destination country is more ambiguous, although most research indicates that wages and employment are not likely to be seriously affected.Migration of the skilled is ambiguous with respect to the origin country since the impact of brain drain on local development must be weighed against the signaling effect for additional education plus the contribution of remittances. With respect to the destination country, the inflow of skilled labor is generally considered an...
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade; Labor and Human Capital.
Ano: 2007 URL: http://purl.umn.edu/28421
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Human Development: Beyond the HDI AgEcon
Ranis, Gustav; Stewart, Frances; Samman, Emma.
This paper explores ways of enlarging the measurement and understanding of Human Development (HD) beyond the relatively reductionist Human Development Index. From the extensive literature on well-being, we derived eleven categories of HD. Within each category, we then identified a potential set of indicators which were measurable and reflect performance with respect to that category. In order to reduce the number of indicators representing each category, we included only one for any set highly rank order correlated with each other, as well as including indicators not correlated with any other indicator in that category. Our aim was to retain only indicators which are broadly independent of each other. We subsequently investigated the extent of correlation...
Tipo: Working or Discussion Paper Palavras-chave: Human development; Quality of life; Comparative country performance; Labor and Human Capital; I31; O15; O57.
Ano: 2005 URL: http://purl.umn.edu/28389
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The New Model of Foreign Aid Drawn from the Experiences of Japan and the United States AgEcon
Ranis, Gustav; Kosack, Stephen; Togo, Ken.
This paper compares Japan and the US as they provide different types of capital to the developing world, focusing especially on foreign aid and, to some extent, also on remittances and the role of NGOs. The main focus is on the quality of aid and on past conceptual differences and on an emerging convergence between these two major donors, with Japan having the potential advantage of being able to bring its own historical experience in development to bear.
Tipo: Working Paper Palavras-chave: Foreign Aid; Remittances; NGO; Japan; U.S.; International Development; O11; O15; O16; O23.
Ano: 2011 URL: http://purl.umn.edu/118648
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Toward the Enhanced Effectiveness of Foreign Aid AgEcon
Ranis, Gustav.
At the very time that professional skepticism concerning the effectiveness of foreign aid has reached new heights, donors seem to be ready to substantially increase the volume of aid they are willing to make available. This paper attempts to address this paradox by first examining the record of aid in the past, distinguishing between cross-country regressions and select country experience. It subsequently proceeds to propose the establishment of a new modus operandi for foreign aid, based on a much more passive, bankerlike posture by donors, leaving the initiative for defining what reforms are feasible, plus the establishment of self-conditionality, to third world recipients before they approach the international community of donors.
Tipo: Working or Discussion Paper Palavras-chave: International Development.
Ano: 2006 URL: http://purl.umn.edu/28403
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Arthur Lewis' Contribution to Development Thinking and Policy AgEcon
Ranis, Gustav.
Arthur Lewis’ seminal 1954 paper and its emphasis on dualism appeared at a time when neither the work of Keynes or Harrod-Domar nor the later neoclassical production function of Solow seemed relevant for developing countries. As a consequence, his model, rooted in the classical tradition, plus its many extensions, generated an extensive literature at the center of development theory. The approach also encountered increasingly strong criticism, some of the “red herring” variety, but some, spearheaded by neoclassical microeconomists like Rosenzweig, also raised serious challenges, focused especially on its labor market assumptions. This paper reviews this landscape and asks what theoretical or policy relevance the Lewis model retains for today’s developing...
Tipo: Working or Discussion Paper Palavras-chave: Development theory; Dualism; Labor markets; International Development; O11.
Ano: 2004 URL: http://purl.umn.edu/28410
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Diversity of Communities and Economic Development: An Overview AgEcon
Ranis, Gustav.
This paper reviews the literature on the impact of ethnic diversity on economic development. Ethnically polarized societies are less likely to agree on the provision of public goods and more likely to engage in rent seeking activities providing lower levels of social capital. Initial conditions are important determinants of adverse development outcomes. The role of decentralization, democracy and markets as potential remedies are discussed. The paper then presents a number of preliminary hypotheses on the relationship between diversity and instability in order to stimulate future research.
Tipo: Working or Discussion Paper Palavras-chave: Africa; Diversity; Economic Growth; Instability; Institutional and Behavioral Economics; International Development; Political Economy; O11; O40; O43; O55.
Ano: 2011 URL: http://purl.umn.edu/115713
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Reflections AgEcon
Ranis, Gustav.
This paper examines the causes of Taiwan's exceptional economic performance, focusing on the influence of organizational and policy choices and how Taiwan's example differs from those of more typical less-developed countries. After briefly citing cultural factors as proposed by his late colleague John Fei, Ranis proceeds to explore the issues of organic nationalism, natural resource endowment, access to foreign capital and other political factors that have produced such economic success. The author demonstrates how Taiwan's unique combination of strong organic nationalism, meager natural resources and limited access to foreign capital helped curb the Extended Dutch Disease phenomenon endemic in LDCs. In addition, the government's nonoscillatory, relatively...
Tipo: Working or Discussion Paper Palavras-chave: Economic development; LDC; Political economy; Taiwan; Extended Dutch disease; Democracy; International Development; Political Economy; O10; O11; O50; P16.
Ano: 1997 URL: http://purl.umn.edu/28422
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Labor Surplus Economies AgEcon
Ranis, Gustav.
The labor surplus economy model has as its basic premise the inability of unskilled agricultural labor markets to clear in countries with high man/land ratios. In such situations, the marginal product of labor is likely to fall below a bargaining wage, related to the average rather than the marginal product. The reallocation of such disguisedly unemployed workers by means of “balanced” intersectoral growth ultimately permits the entire economy to operate on neo-classical principles. Finally, the paper introduces open economy dimensions, indicates the existence of other labor surplus sub-sectors and briefly responds to neo-classical critiques on both theoretical and empirical grounds.
Tipo: Working or Discussion Paper Palavras-chave: Development theory; Labor markets; Labor and Human Capital; O10; O12; O17.
Ano: 2004 URL: http://purl.umn.edu/28480
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Successes and Failures of Development Experience Since the 1980s AgEcon
Ranis, Gustav.
This paper reviews the development experience since the 1980's and finds room for guarded optimism about what we can learn from it. Firstly, a global consensus is emerging on the need for macro-economic stability through prudent fiscal, monetary and foreign exchange policies. However, at the micro or structural level, while governments need to decentralize their decision-making authority more fully than they have thus far, in reaction to the recent reappraisal of the East Asian model there is some danger that development policy will swing too far in rejecting liberalization and returning to government intervention. Secondly, the paper points out that, while there exists a well-recognized causal nexus between exports and growth, the reverse causation also...
Tipo: Working or Discussion Paper Palavras-chave: Development; Structural adjustment; Stabilization; Multi-lateral development banks; East Asian miracle; International Development.
Ano: 1996 URL: http://purl.umn.edu/28529
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The Evolution of Development Thinking: Theory and Policy AgEcon
Ranis, Gustav.
This paper makes an effort to trace the course of development thinking and associated development policy over the past six decades. Section I focuses on the early Post-War Consensus, with theory focused on extensions of classical dualism theory and policy concentrating on creating the pre-conditions for development. Section II traces the increasing awareness of the role of prices, a diminishing reliance on the developmentalist state and an increased reliance on structural adjustment lending associated with IFI conditionality. Section III illuminates the search for “silver bullets” which can be identified as key to the achievement of success. Finally, Section IV presents the author’s assessment of where we are now and where we will, or should be, heading in...
Tipo: Working or Discussion Paper Palavras-chave: Development theory; Development policy; International Development; O11; O20.
Ano: 2004 URL: http://purl.umn.edu/28528
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Country Patterns of Behavior on Broader Dimensions of Human Development AgEcon
Ranis, Gustav; Stewart, Frances; Samman, Emma.
This paper adopts a more expansive definition of Human Development than that encompassed by the Human Development Index in order to explore diverse country patterns of behavior in relation to these broadened dimensions. We proceed by first identifying the dimensions to be investigated and subsequently present the methodology adopted for clarifying country behavior with respect to these dimensions. Countries are shown to differ substantially in terms of their choices among the independent dimensions of well-being which may or may not be constrained by history or culture. We then group countries by level of per capita income, experience with internal conflict, region of the world, oil, wealth, distance from the equator, distance from the sea, in the search...
Tipo: Working or Discussion Paper Palavras-chave: Human Development; Quality of Life; Happiness; Capabilities; Country Behavior; Institutional and Behavioral Economics; I31; O15; O57.
Ano: 2007 URL: http://purl.umn.edu/6877
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Group Behavior and Development: A Comparison of Farmers' Organisations in South Korea and Taiwan AgEcon
Burmeister, Larry; Ranis, Gustav; Wang, Michael.
This study presents a comparative analysis of farmers’ organisations in Korea and Taiwan during 1950-80 in order to help us understand the role of group behavior in affecting development outcomes. It highlights the linkages between group behavior, parastatal organisational structures and economic performance. The paper examines the historical and political economy contexts that led to the creation of both countries’ farmers’ organisations and highlights the institutional characteristics that impacted their operational effectiveness. The study discusses elements in internal and external policies that affected group motivation and traces the implications of such differences in group behavior for bottom line performance. Though there existed many similarities...
Tipo: Working or Discussion Paper Palavras-chave: Farmers’ organizations; Korea; Taiwan; Group behavior; Institutional and Behavioral Economics; O17.
Ano: 2001 URL: http://purl.umn.edu/28464
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Growth and Human Development: Comparative Latin American Experience AgEcon
Ranis, Gustav; Stewart, Frances.
This paper seeks to examine the interdependence between economic growth (EG) and human development (HD). It is concerned with changes in per capita income and its two-way relationship with the basic societal objective of human development. Regressions across various Latin American countries are run for 1960-92. Country performance is separated into virtuous/vicious cycles or HD/EG lopsidedness. The study makes an attempt to correct the commonly held view that ensuring increases in economic growth automatically leads to advances in human development. Human development has to occur prior to or simultaneous with improvements in economic growth, if a country is to reach a virtuous cycle. The Latin American experience indicates that a balanced approach to...
Tipo: Working or Discussion Paper Palavras-chave: Human development; Economic growth; Latin America; Labor and Human Capital; O18.
Ano: 2001 URL: http://purl.umn.edu/28376
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Decentralization in Argentina AgEcon
Habibi, Nadir; Huang, Cindy; Miranda, Diego; Murillo, Victoria; Ranis, Gustav; Sarkar, Mainak; Stewart, Frances.
Human development, reflected in the status of people’s levels of health and education, affects future growth and, in turn, is affected by decentralization. Unlike earlier exclusive emphasis on budgetary issues, this study focuses on the impact of fiscal decentralization on the level of human development. It traces the origin and recent development of revenue-sharing arrangements across Argentina’s provinces over time (1970-94). The study regresses two indicators of health and educational status on two decentralization measures. It highlights the link between decentralization and human development outcomes and suggests that devolutionary decentralization has a positive influence on the effectiveness of public policy directed towards an improvement in the...
Tipo: Working or Discussion Paper Palavras-chave: Fiscal decentralization; Human development; Argentina; Political Economy; O18.
Ano: 2001 URL: http://purl.umn.edu/28455
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Diversity of Communities and Economic Development: An Overview AgEcon
Ranis, Gustav.
This paper reviews the literature on the impact of ethnic diversity on economic development. Ethnically polarized societies are less likely to agree on the provision of public goods and more likely to engage in rent seeking activities providing lower levels of social capital. Initial conditions are important determinants of adverse development outcomes. The role of decentralization, democracy and markets as potential remedies are discussed. The paper then presents a number of preliminary hypotheses on the relationship between diversity and instability in order to stimulate future research.
Tipo: Working or Discussion Paper Palavras-chave: Africa; Diversity; Economic Growth; Instability; International Development; O11; O40; O43; O55.
Ano: 2009 URL: http://purl.umn.edu/54531
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Human Development and Economic Growth AgEcon
Ranis, Gustav.
Recent literature has contrasted Human Development, described as the ultimate goal of the development process, with economic growth, described as an imperfect proxy for more general welfare, or as a means toward enhanced human development. This debate has broadened the definitions and goals of development but still needs to define the important interrelations between human development (HD) and economic growth (EG). To the extent that greater freedom and capabilities improve economic performance, human development will have an important effect on growth. Similarly, to the extent that increased incomes will increase the range of choices and capabilities enjoyed by households and governments, economic growth will enhance human development. This paper analyzes...
Tipo: Working or Discussion Paper Palavras-chave: Economic growth; Human development; International Development; Labor and Human Capital; O15; O11.
Ano: 2004 URL: http://purl.umn.edu/28375
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The Micro-Economics of "Surplus Labor" AgEcon
Ranis, Gustav.
This paper examines the apparent conflict between the classical assumption of a bargaining the context of a labor surplus developing economy. It concludes that the relatively inelastic supply of labor hours offered by low income small or landless farmers in the static microeconomic leisure/work context is perfectly consistent with the persistence for some time of an institutional real wage offered to the non-agricultural sector of the dual economy. Empirical evidence is brought to bear in support of that position.
Tipo: Working or Discussion Paper Palavras-chave: Institutional vs competitive real wage; Labor surplus economy; Neoclassical vs classical labor markets; Labor and Human Capital.
Ano: 1997 URL: http://purl.umn.edu/28499
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