Persistent Poverty

Persistent Poverty
Title Persistent Poverty PDF eBook
Author George L. Beckford
Publisher
Pages 346
Release 1999
Genre Business & Economics
ISBN 9789766400743

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This is a revised edition of a seminal work on the nature of underdevelopment. It includes a new foreword and appendixes on the significance of plantations to Third World economies and the contribution that George Beckford made to Caribbean economic thought.

Persistent Underdevelopment

Persistent Underdevelopment
Title Persistent Underdevelopment PDF eBook
Author Jay Mandle
Publisher Routledge
Pages 205
Release 2010-11-26
Genre Business & Economics
ISBN 1136877533

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First published in 1996, this insightful and informative text examines the post-emancipation and recent economic history of the Commonwealth Caribbean. Jay R. Mandle offers an explanation of the region’s continuing underdevelopment. Through the use of an analytical framework derived from the works of Marx and Kuznets, the book focuses attention on technological change as the driving force behind economic modernization. Persistent Underdevelopment begins by exploring how plantation agriculture had a limiting effect on industrial growth. Ultimately, plantation dominance receded; technological stagnation continued, however, and, under British colonial policy the Caribbean failed to modernise. The post-World War II era brought new efforts at modernisation through the economic policies of the left regimes of Manley, Burnham and Bishop. The concluding chapters point the way to policies that would enable the Caribbean to escape its current poverty and become an effective participant in world markets, finally achieving the goal of modern economic development.

Persistent Underdevelopment

Persistent Underdevelopment
Title Persistent Underdevelopment PDF eBook
Author Jay R. Mandle
Publisher
Pages 190
Release 2011
Genre
ISBN 9780415584142

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First published in 1996, this insightful and informative text examines the post-emancipation and recent economic history of the Commonwealth Caribbean. Jay R. Mandle offers an explanation of the region' s continuing underdevelopment. Through the use of an analytical framework derived from the works of Marx and Kuznets, the book focuses attention on technological change as the driving force behind economic modernization. Persistent Underdevelopment begins by exploring how plantation agriculture had a limiting effect on industrial growth.

The Persistence of Underdevelopment

The Persistence of Underdevelopment
Title The Persistence of Underdevelopment PDF eBook
Author Raghuram G. Rajan
Publisher
Pages 64
Release 2008
Genre
ISBN

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Why is underdevelopment so persistent? One explanation is that poor countries do not have institutions that can support growth. Because institutions (both good and bad) are persistent, underdevelopment is persistent. An alternative view is that underdevelopment comes from poor education. Neither explanation is fully satisfactory, the first because it does not explain why poor economic institutions persist even in fairly democratic but poor societies, and the second because it does not explain why poor education is so persistent. This paper tries to reconcile these two views by arguing that the underlying cause of underdevelopment is the initial distribution of factor endowments. Under certain circumstances, this leads to self-interested constituencies that, in equilibrium, perpetuate the status quo. In other words, poor education policy might well be the proximate cause of underdevelopment, but the deeper (and more long lasting cause) are the initial conditions (like the initial distribution of education) that determine political constituencies, their power, and their incentives. Though the initial conditions may well be a legacy of the colonial past, and may well create a perverse political equilibrium of stagnation, persistence does not require the presence of coercive political institutions. We present some suggestive empirical evidence. On the one hand, such an analysis offers hope that the destiny of societies is not preordained by the institutions they inherited through historical accident. On the other hand, it suggests we need to understand better how to alter factor endowments when societies may not have the internal will to do so.

Persistent Poverty; Underdevelopment in Plantation Economics of the Third World [by] George L. Beckford

Persistent Poverty; Underdevelopment in Plantation Economics of the Third World [by] George L. Beckford
Title Persistent Poverty; Underdevelopment in Plantation Economics of the Third World [by] George L. Beckford PDF eBook
Author George L. Beckford
Publisher
Pages 303
Release 1972
Genre Developing countries
ISBN

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The Persistence of Underdevelopment

The Persistence of Underdevelopment
Title The Persistence of Underdevelopment PDF eBook
Author Raghuram Rajan
Publisher
Pages 62
Release 2006
Genre Developing countries
ISBN

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This paper suggests that the persistence of underdevelopment is not necessarily due to the existence of bad political, and consequently economic, institutions but that the deeper reason is the existence of self-perpetuating constituencies. Changing explicit institutions without changing the constituencies backing them is likely to be a futile exercise, for the constituencies against change will find a way around the constraints imposed by the institutions.

A Roadmap to Reducing Child Poverty

A Roadmap to Reducing Child Poverty
Title A Roadmap to Reducing Child Poverty PDF eBook
Author National Academies of Sciences, Engineering, and Medicine
Publisher National Academies Press
Pages 619
Release 2019-09-16
Genre Social Science
ISBN 0309483980

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The strengths and abilities children develop from infancy through adolescence are crucial for their physical, emotional, and cognitive growth, which in turn help them to achieve success in school and to become responsible, economically self-sufficient, and healthy adults. Capable, responsible, and healthy adults are clearly the foundation of a well-functioning and prosperous society, yet America's future is not as secure as it could be because millions of American children live in families with incomes below the poverty line. A wealth of evidence suggests that a lack of adequate economic resources for families with children compromises these children's ability to grow and achieve adult success, hurting them and the broader society. A Roadmap to Reducing Child Poverty reviews the research on linkages between child poverty and child well-being, and analyzes the poverty-reducing effects of major assistance programs directed at children and families. This report also provides policy and program recommendations for reducing the number of children living in poverty in the United States by half within 10 years.