{"title":"Elements In Development Economics","description":"\u003cp\u003eDelve into the core principles of economic development with this insightful series. Ideal for students and practitioners alike, explore key theories and real-world applications shaping global prosperity.\u003c\/p\u003e","products":[{"product_id":"new-structural-financial-economics-book-justin-yifu-lin-9781009501736","title":"New Structural Financial Economics","description":"This Element proposes an alternative framework for rethinking the role of finance in serving the real economy from the perspective of New Structural Financial Economics. It challenges the conventional wisdom that developing countries should take the financial structure of developed countries as the benchmark and financial structure does not matter in spurring long-run economic development. As a sub-discipline of New Structural Economics, New Structural Financial Economics has three tenets. First, examining the appropriate financial structure should take an economy's factor endowment structure as the starting point of analysis, which identifies its latent comparative advantage. Second, the appropriate financial structure is determined by the financing needs of the prevailing production structure. Third, a government should provide development financing to address market failures, and make tailored financial regulations in line with the characteristics of specific financial arrangements. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":50111313576209,"sku":"GOR013859530","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ GARDNERS","offer_id":50698931175697,"sku":"NGR9781009501736","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ NEW \/ INGRAM","offer_id":51012469326097,"sku":"NIN9781009501736","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52618767827217,"sku":"NLS9781009501736","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009501739.jpg?v=1750948850"},{"product_id":"great-gatsby-and-the-global-south-book-diding-sakri-9781009382724","title":"Great Gatsby and the Global South","description":"In the Global South economic mobility across generations or intergenerational economic mobility is in and of itself an important topic for research with consequences for policy. It concerns the 'stickiness' or otherwise of inequality because mobility is concerned with the extent to which children's economic outcomes are dependent on their parents' economic outcomes. Scholars have estimated levels of intergenerational mobility in many developed countries. Fewer estimates are available for developing countries, where mobility matters more due to starker differences in living standards. This Element surveys the area, conceptually and empirically; it presents a new estimate for a developing country, namely Indonesia; it discusses the 'Great Gatsby Curve' and highlights the different positions of developed and developing countries. Finally, it presents a theoretical framework to explain the drivers of mobility and the stickiness or otherwise of inequality across time. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":50698604216593,"sku":"NGR9781009382724","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ NEW \/ INGRAM","offer_id":51145911304465,"sku":"NIN9781009382724","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009382721.jpg?v=1750885780"},{"product_id":"economic-transformation-and-income-distribution-in-china-over-three-decades-book-cai-meng-9781009357630","title":"Economic Transformation and Income Distribution in China over Three Decades","description":"It is arguable that the most important event in the world economy in recent decades has been the rise of China, from being on a par with Sub Sahara Africa at the start of economic reform to being an economic superpower today. That rise remains under-researched. Moreover, the great structural changes which accompanied economic growth require examination. The nationally representative China Household Income Project (CHIP) surveys, conducted for the years 1988, 1995, 2002, 2007, 2013, and 2018, permit a detailed examination of many important aspects of a country's economic development. Much of the analysis of this Element is closely related to, and largely caused by, China's remarkable economic growth and income distribution over the thirty years. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":50698821271825,"sku":"NGR9781009357630","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52151046734097,"sku":"NLS9781009357630","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009357638.jpg?v=1750948804"},{"product_id":"escaping-poverty-traps-and-unlocking-prosperity-in-the-face-of-climate-risk-book-nathaniel-d-jensen-9781009558259","title":"Escaping Poverty Traps and Unlocking Prosperity in the Face of Climate Risk","description":"This Element outlines the origins and evolution of an international award-winning development intervention, index-based livestock insurance (IBLI), which scaled from a small pilot project in Kenya to a design that underpins drought risk management products and policies across Africa. General insights are provided on i) the economics of poverty, risk management, and drylands development; ii) the evolving use of modern remote sensing and data science tools in development; iii) the science of scaling; and iv) the value and challenges of integrating research with operational implementation to tackle development and humanitarian challenges in some of the world's poorest regions. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":50698968858897,"sku":"NGR9781009558259","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51012296737041,"sku":"NIN9781009558259","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52615217348881,"sku":"NLS9781009558259","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009558250.jpg?v=1750820431"},{"product_id":"knowledge-and-global-inequality-since-1800-book-dev-nathan-9781009455145","title":"Knowledge and Global Inequality Since 1800","description":"The Element highlights the monopolization and exclusion from high-value knowledge in analysing divergent and, recently, partially convergent income trends across 200-odd years of the global capitalist economy. A Southern lens interrogates this history, in the process showing how developing command over knowledge creation sheds light on the middle-income trap. Overall, it shows a new way of looking at global capitalist economic history, highlighting the creation of, command over and exclusion from knowledge. This forces us to analyse the role of the subjective or agential element in making history; a subjective element that, however, always works from within and transforms existing structures and processes. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":50886801621265,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ GARDNERS","offer_id":50886802702609,"sku":"NGR9781009455145","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52620489294097,"sku":"NLS9781009455145","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":52741397643537,"sku":"NIN9781009455145","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009455141.jpg?v=1751332480"},{"product_id":"survival-of-the-greenest-book-amir-lebdioui-9781009339384","title":"Survival of the Greenest","description":"The pathways to economic development are changing. Environmental sustainability is no longer a choice but a necessity to maintain a competitive edge in the global economy. Just like in nature, where survival hinges on adaptation, this Element shows how nations adjust to -and take advantage of- the new dynamics of structural transformation induced by climate change. First, by analysing the uneven industrial geography of decarbonisation, the inadequate state of climate financing and rise of green protectionism, it demonstrates that the low-carbon economy stands to increase economic disparities between nations, unless action is taken. Then, by examining green industrial policies and their varied success, it explains how governments can still join the green industrialisation race. Finally, it examines how to adapt green industrial policy to different starting points, market sizes, productive structures, state-business relations dynamics, institutional layouts, and ecological contexts. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":50937141592337,"sku":"NGR9781009339384","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51012271243537,"sku":"NIN9781009339384","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52661761736977,"sku":"NLS9781009339384","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":53509573443857,"sku":"GOR014952371","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009339389.jpg?v=1750917450"},{"product_id":"1918-20-influenza-pandemic-book-prema-chandra-athukorala-9781009336086","title":"The 1918-20 Influenza Pandemic","description":"This study pieces together and analyses the scattered multi-disciplinary literature on the 1918-20 Influenza Pandemic (Spanish Flu) in order to place debates on the evolving course of the current COVID-19 crisis in historical perspective. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"US \/ NEW \/ INGRAM","offer_id":51012243554577,"sku":"NIN9781009336086","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52145037771025,"sku":"NLS9781009336086","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009336088.jpg?v=1750748580"},{"product_id":"parental-investments-and-children-s-human-capital-in-low-to-middle-income-countr-book-jere-r-behrman-9781009336161","title":"Parental Investments and Children's Human Capital in Low-to-Middle-Income Countries","description":"This Element reviews what we know about parental investments and children's human capital in low-to-middle-income countries (LMICs).  First, it presents definitions and a simple analytical framework; then discusses determinants of children's human capital in the form of cognitive skills, socioemotional skills and physical and mental health; then reviews estimates of impacts of these forms of human capital; next considers the implications of such estimates for inequality and poverty; and concludes with a summary suggesting some positive impacts of parental investments on children's human capital in LMICs and a discussion of gaps in the literature pertaining to both data and methodology. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"US \/ NEW \/ INGRAM","offer_id":51012348510481,"sku":"NIN9781009336161","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52434505498897,"sku":"NLS9781009336161","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009336169.jpg?v=1750820359"},{"product_id":"knowledge-and-global-inequality-since-1800-book-dev-nathan-9781009455176","title":"Knowledge and Global Inequality Since 1800","description":"The Element highlights the monopolization and exclusion from high-value knowledge in analysing divergent and, recently, partially convergent income trends across 200-odd years of the global capitalist economy. A Southern lens interrogates this history, in the process showing how developing command over knowledge creation sheds light on the middle-income trap. Overall, it shows a new way of looking at global capitalist economic history, highlighting the creation of, command over and exclusion from knowledge. This forces us to analyse the role of the subjective or agential element in making history; a subjective element that, however, always works from within and transforms existing structures and processes. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51012363092241,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51012365386001,"sku":"NIN9781009455176","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52619729043729,"sku":"NLS9781009455176","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009455176.jpg?v=1750851910"},{"product_id":"chilean-economic-development-under-neoliberalism-book-andrs-solimano-9781009477383","title":"Chilean Economic Development under Neoliberalism","description":"This Element examines the process of economic development of the last 50 years or so under the neoliberal model in terms of impacts on growth, inflation, income and wealth distribution and structural change. The analysis includes a historical perspective from the 19th century to the present and combines economic analysis with a political economy approach. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51012391731473,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51012393861393,"sku":"NIN9781009477383","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52621006176529,"sku":"NLS9781009477383","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009477382.jpg?v=1750748633"},{"product_id":"varieties-of-structural-transformation-book-kunal-sen-9781009449953","title":"Varieties of Structural Transformation","description":"One of the key features of modern economic growth is the process of structural transformation, which is the movement of workers from agriculture to manufacturing and services. In this study, the author identifies different routes to structural transformation that we see in the developing world. They address the theoretical, empirical and policy implications of the 'varieties of structural transformation' in low and middle income countries. Firstly, using a comparable high-quality dataset, they set out the stylized facts of structural transformation across the developing world. Secondly, they assess the classical and neoclassical approaches to structural transformation and review the recent theoretical developments in the literature. Thirdly, they undertake descriptive and econometric analysis of the drivers of structural transformation, and the relationship between structural transformation and inequality. Finally, they assess the policy implications of our study for developing countries. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51598732394769,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ GARDNERS","offer_id":51598732591377,"sku":"NGR9781009449953","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009449958.jpg?v=1751013951"},{"product_id":"poverty-in-latin-america-book-scalese-federico-9781009542043","title":"Poverty in Latin America","description":"This Element derives subjective poverty lines for seven Latin American countries based on a Minimum Income Question included in household expenditure surveys. It compares poverty incidence under the subjective and objective approach, finding subjective poverty is larger than objective for all countries. People identified as poor are generally poor by both measures or only subjective poor, although patterns of overlapping differ between countries. It explores the factors associated to considering oneself as poor - being subjectively poor- when the per capita household income is higher than the objective poverty line. Generally, unemployment and informality are associated with higher probability of subjective poverty. Other factors not directly involving income but reflecting high economic security also tend to reduce the probability of feeling poor. Finally, the welfare stigma effect does not seem to hold, at least in terms of subjective poverty. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51598988509457,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ GARDNERS","offer_id":51598988673297,"sku":"NGR9781009542043","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52660451737873,"sku":"NLS9781009542043","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009542044.jpg?v=1751332507"},{"product_id":"poverty-in-latin-america-book-amarante-9781009542067","title":"Poverty in Latin America","description":"This Element derives subjective poverty lines for seven Latin American countries based on a Minimum Income Question included in household expenditure surveys. It compares poverty incidence under the subjective and objective approach, finding subjective poverty is larger than objective for all countries. People identified as poor are generally poor by both measures or only subjective poor, although patterns of overlapping differ between countries. It explores the factors associated to considering oneself as poor - being subjectively poor- when the per capita household income is higher than the objective poverty line. Generally, unemployment and informality are associated with higher probability of subjective poverty. Other factors not directly involving income but reflecting high economic security also tend to reduce the probability of feeling poor. Finally, the welfare stigma effect does not seem to hold, at least in terms of subjective poverty. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51598988837137,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ GARDNERS","offer_id":51598989000977,"sku":"NGR9781009542067","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52659853459729,"sku":"NLS9781009542067","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":52741426184465,"sku":"NIN9781009542067","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009542060.jpg?v=1750948862"},{"product_id":"financing-for-development-book-ocampo-jose-antonio-9781009613378","title":"Financing for Development","description":"The reform of the international financial and tax systems has been at the center of global debates in recent years -in the United Nations, the World Bank, the International Monetary Fund, the OECD and the G20. The fourth United Nations Conference on Financing for Development that will take place in Spain in 2025 also represents a great opportunity to enhance global cooperation in this area. This Element analyzes six elements of the global financing for development agenda, which are dealt with in individual sections: the role and evolution of development financing; the international monetary system; sovereign debt restructuring; international tax cooperation; international trade; and critical institutional issues. Although focusing on the international agenda, many of these issues have domestic implications for developing countries. The analysis covers both the nature of cooperation and recommendations on how to improve it. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51629248381201,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ GARDNERS","offer_id":51629248610577,"sku":"NGR9781009613378","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52671599575313,"sku":"NLS9781009613378","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":52741758026001,"sku":"NIN9781009613378","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009613375.jpg?v=1750851954"},{"product_id":"financing-for-development-book-jos-antonio-ocampo-9781009613385","title":"Financing for Development","description":"The reform of the international financial and tax systems has been at the center of global debates in recent years -in the United Nations, the World Bank, the International Monetary Fund, the OECD and the G20. The fourth United Nations Conference on Financing for Development that will take place in Spain in 2025 also represents a great opportunity to enhance global cooperation in this area. This Element analyzes six elements of the global financing for development agenda, which are dealt with in individual sections: the role and evolution of development financing; the international monetary system; sovereign debt restructuring; international tax cooperation; international trade; and critical institutional issues. Although focusing on the international agenda, many of these issues have domestic implications for developing countries. The analysis covers both the nature of cooperation and recommendations on how to improve it. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51632323297553,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ GARDNERS","offer_id":51632323592465,"sku":"NGR9781009613385","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52662245163281,"sku":"NLS9781009613385","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009613383.jpg?v=1751046527"},{"product_id":"economic-transformation-and-income-distribution-in-china-over-three-decades-book-cai-meng-9781009467933","title":"Economic Transformation and Income Distribution in China over Three Decades","description":"It is arguable that the most important event in the world economy in recent decades has been the rise of China, from being on a par with Sub Sahara Africa at the start of economic reform to being an economic superpower today. That rise remains under-researched. Moreover, the great structural changes which accompanied economic growth require examination. The nationally representative China Household Income Project (CHIP) surveys, conducted for the years 1988, 1995, 2002, 2007, 2013, and 2018, permit a detailed examination of many important aspects of a country's economic development. Much of the analysis of this Element is closely related to, and largely caused by, China's remarkable economic growth and income distribution over the thirty years. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52151531372817,"sku":"NLS9781009467933","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009467933.jpg?v=1757613667"},{"product_id":"hierarchy-of-needs-and-the-measurement-of-poverty-and-standards-of-living-book-joseph-deutsch-9781009358170","title":"Hierarchy of Needs and the Measurement of Poverty and Standards of Living","description":"The focus of this Element is on the idea that choice is hierarchical so that there exists an order of acquisition of durable goods and assets as real incomes increase. Two main approaches to deriving such an order are presented, the so-called Paroush approach and Item Response Theory. An empirical illustration follows, based on the 2019 Eurobarometer Survey. The Element ends with two sections showing first how measures of inequality, poverty and welfare may be derived from such an order of acquisition, second that there is also an order of curtailment of expenditures when individuals face financial difficulties. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52489175433489,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52489176645905,"sku":"NLS9781009358170","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009358170.jpg?v=1759878287"},{"product_id":"hierarchy-of-needs-and-the-measurement-of-poverty-and-standards-of-living-book-joseph-deutsch-9781009485975","title":"Hierarchy of Needs and the Measurement of Poverty and Standards of Living","description":"The focus of this Element is on the idea that choice is hierarchical so that there exists an order of acquisition of durable goods and assets as real incomes increase. Two main approaches to deriving such an order are presented, the so-called Paroush approach and Item Response Theory. An empirical illustration follows, based on the 2019 Eurobarometer Survey. The Element ends with two sections showing first how measures of inequality, poverty and welfare may be derived from such an order of acquisition, second that there is also an order of curtailment of expenditures when individuals face financial difficulties. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52489241395473,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52489242509585,"sku":"NLS9781009485975","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009485975.jpg?v=1759878390"},{"product_id":"developmental-dilemmas-book-william-d-ferguson-9781009469630","title":"Developmental Dilemmas","description":"Why do well-meaning developmental policies fail? Power intervenes. Consider the recent collapse of the peace agreement between the Colombian government and FARC guerillas. Achieving inclusive development entails resolving collective-action problems of forging cooperation among agents with disparate interests and understandings. Resolution relies on developing functional informal and formal institutions. Powerful agents shape institutional evolution--because they can. This Element outlines a conceptual framework for policy-relevant inquiry. It addresses the concept of power-noting sources, instruments, manifestations, domains of operation, and strategic templates. After discussing leadership, following, and brokerage, it addresses institutional entrepreneurship. Institutional entrepreneurs develop narratives and actions to influence incentives and interpretations of social norms and identities: foundations of strategic interactions that shape institutional evolution. This approach facilitates inquiry into the roots and consequences of context-specific developmental dilemmas: background for developmental policy analysis. This title is also available as open access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":52498426167569,"sku":"NGR9781009469630","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":53175322149137,"sku":"NLS9781009469630","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009469630.jpg?v=1772274278"},{"product_id":"developmental-dilemmas-book-william-d-ferguson-9781009469685","title":"Developmental Dilemmas","description":"Why do well-meaning developmental policies fail? Power intervenes. Consider the recent collapse of the peace agreement between the Colombian government and FARC guerillas. Achieving inclusive development entails resolving collective-action problems of forging cooperation among agents with disparate interests and understandings. Resolution relies on developing functional informal and formal institutions. Powerful agents shape institutional evolution--because they can. This Element outlines a conceptual framework for policy-relevant inquiry. It addresses the concept of power-noting sources, instruments, manifestations, domains of operation, and strategic templates. After discussing leadership, following, and brokerage, it addresses institutional entrepreneurship. Institutional entrepreneurs develop narratives and actions to influence incentives and interpretations of social norms and identities: foundations of strategic interactions that shape institutional evolution. This approach facilitates inquiry into the roots and consequences of context-specific developmental dilemmas: background for developmental policy analysis. This title is also available as open access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":52498431901969,"sku":"NGR9781009469685","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":53175322607889,"sku":"NLS9781009469685","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009469685.jpg?v=1777542697"},{"product_id":"escaping-poverty-traps-and-unlocking-prosperity-in-the-face-of-climate-risk-book-nathaniel-d-jensen-9781009558242","title":"Escaping Poverty Traps and Unlocking Prosperity in the Face of Climate Risk","description":"This Element outlines the origins and evolution of an international award-winning development intervention, index-based livestock insurance (IBLI), which scaled from a small pilot project in Kenya to a design that underpins drought risk management products and policies across Africa. General insights are provided on i) the economics of poverty, risk management, and drylands development; ii) the evolving use of modern remote sensing and data science tools in development; iii) the science of scaling; and iv) the value and challenges of integrating research with operational implementation to tackle development and humanitarian challenges in some of the world's poorest regions. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52615449018641,"sku":"NLS9781009558242","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":52776187855121,"sku":"NIN9781009558242","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009558242.jpg?v=1761524104"},{"product_id":"chilean-economic-development-under-neoliberalism-book-andrs-solimano-9781009477345","title":"Chilean Economic Development under Neoliberalism","description":"This Element examines the process of economic development of the last 50 years or so under the neoliberal model in terms of impacts on growth, inflation, income and wealth distribution and structural change. The analysis includes a historical perspective from the 19th century to the present and combines economic analysis with a political economy approach. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52618580164881,"sku":"NLS9781009477345","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009477345.jpg?v=1761533524"},{"product_id":"new-structural-financial-economics-book-justin-yifu-lin-9781009501712","title":"New Structural Financial Economics","description":"This Element proposes an alternative framework for rethinking the role of finance in serving the real economy from the perspective of New Structural Financial Economics. It challenges the conventional wisdom that developing countries should take the financial structure of developed countries as the benchmark and financial structure does not matter in spurring long-run economic development. As a sub-discipline of New Structural Economics, New Structural Financial Economics has three tenets. First, examining the appropriate financial structure should take an economy's factor endowment structure as the starting point of analysis, which identifies its latent comparative advantage. Second, the appropriate financial structure is determined by the financing needs of the prevailing production structure. Third, a government should provide development financing to address market failures, and make tailored financial regulations in line with the characteristics of specific financial arrangements. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52619685363985,"sku":"NLS9781009501712","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":52776191852817,"sku":"NIN9781009501712","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009501712.jpg?v=1761536561"},{"product_id":"varieties-of-peripheral-growth-models-book-michael-schedelik-9781009546737","title":"Varieties of Peripheral Growth Models","description":"This Element seeks to develop an empirical research agenda that explores the applicability of the growth model perspective in comparative political economy to emerging capitalist economies (ECEs). Such an approach emphasizes the variety of possible growth models and their implications for development, providing an alternative to universalizing economic models as prevalent in mainstream development discourse. Using national accounts data for several large ECEs in the period from 2001 to 2022, the authors first propose a typology of peripheral growth models with varying degrees of economic vulnerability. Most notably, they add an investment-led model to the prevalent juxtaposition of consumption-led and export-led growth models. Subsequently, they employ several case vignettes from Brazil, Indonesia, South Africa, Turkey, Thailand and Vietnam to unpack the effects of volatile international interdependencies, such as commodity cycles, and diverse political underpinnings on peripheral growth models. This title is also available as open access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":52621735362833,"sku":"NGR9781009546737","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":53213557948689,"sku":"NLS9781009546737","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":53397617869073,"sku":"NIN9781009546737","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009546737.jpg?v=1773917484"},{"product_id":"varieties-of-peripheral-growth-models-book-michael-schedelik-9781009546744","title":"Varieties of Peripheral Growth Models","description":"This Element seeks to develop an empirical research agenda that explores the applicability of the growth model perspective in comparative political economy to emerging capitalist economies (ECEs). Such an approach emphasizes the variety of possible growth models and their implications for development, providing an alternative to universalizing economic models as prevalent in mainstream development discourse. Using national accounts data for several large ECEs in the period from 2001 to 2022, the authors first propose a typology of peripheral growth models with varying degrees of economic vulnerability. Most notably, they add an investment-led model to the prevalent juxtaposition of consumption-led and export-led growth models. Subsequently, they employ several case vignettes from Brazil, Indonesia, South Africa, Turkey, Thailand and Vietnam to unpack the effects of volatile international interdependencies, such as commodity cycles, and diverse political underpinnings on peripheral growth models. This title is also available as open access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":52621756825873,"sku":"NGR9781009546744","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":53213557850385,"sku":"NLS9781009546744","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009546744.jpg?v=1773916319"},{"product_id":"survival-of-the-greenest-book-amir-lebdioui-9781009500517","title":"Survival of the Greenest","description":"The pathways to economic development are changing. Environmental sustainability is no longer a choice but a necessity to maintain a competitive edge in the global economy. Just like in nature, where survival hinges on adaptation, this Element shows how nations adjust to -and take advantage of- the new dynamics of structural transformation induced by climate change. First, by analysing the uneven industrial geography of decarbonisation, the inadequate state of climate financing and rise of green protectionism, it demonstrates that the low-carbon economy stands to increase economic disparities between nations, unless action is taken. Then, by examining green industrial policies and their varied success, it explains how governments can still join the green industrialisation race. Finally, it examines how to adapt green industrial policy to different starting points, market sizes, productive structures, state-business relations dynamics, institutional layouts, and ecological contexts. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52670148247825,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52670149263633,"sku":"NLS9781009500517","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009500517.jpg?v=1762289072"},{"product_id":"trade-in-tasks-book-gaaitzen-j-de-vries-9781009512978","title":"Trade in Tasks","description":"This Element synthesizes a decade of research on who is doing what and where in global value chains. Moving beyond the traditional product- or industry-based approach, the authors introduce a task-based framework for analyzing trade and structural transformation. This novel perspective captures the increasingly fragmented and specialized nature of global production. They present new data and methods to measure the income and employment associated with task exports, and analyze evolving patterns of task specialization along countries' development paths. By demonstrating the versatility and policy relevance of this approach, they aim to inspire further research and inform debates on trade, growth, and development. This title is also available as open access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52954662404369,"sku":"NLS9781009512978","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009512978.jpg?v=1767352512"},{"product_id":"trade-in-tasks-book-gaaitzen-j-de-vries-9781009512985","title":"Trade in Tasks","description":"This Element synthesizes a decade of research on who is doing what and where in global value chains. Moving beyond the traditional product- or industry-based approach, the authors introduce a task-based framework for analyzing trade and structural transformation. This novel perspective captures the increasingly fragmented and specialized nature of global production. They present new data and methods to measure the income and employment associated with task exports, and analyze evolving patterns of task specialization along countries' development paths. By demonstrating the versatility and policy relevance of this approach, they aim to inspire further research and inform debates on trade, growth, and development. This title is also available as open access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52954663092497,"sku":"NLS9781009512985","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":53222856130833,"sku":"NIN9781009512985","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009512985.jpg?v=1767351153"},{"product_id":"revisiting-globalization-book-prema-chandra-athukorala-9781009738477","title":"Revisiting Globalization","description":"One of the most significant innovations in international industrial organization over the past half-century has been the vertical disintegration of production, with different stages carried out in different countries-a process widely known as the Global Manufacturing Value Chain (GMVC). Trade based on global production sharing within GMVC has been the primary driver behind the dramatic shift in world manufacturing exports from developed to developing countries. However, there are growing concerns in policy circles about whether the GMVC is beginning to lose momentum. This study examines this issue with reference to Southeast Asian countries, which serve as an ideal laboratory for such an analysis. Engagement in GMVC has played a major role in the economic dynamism of these countries, although their levels of participation vary significantly. This title is also available as open access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":53511322534161,"sku":"NLS9781009738477","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009738477.jpg?v=1778319803"},{"product_id":"revisiting-globalization-book-prema-chandra-athukorala-9781009738453","title":"Revisiting Globalization","description":"One of the most significant innovations in international industrial organization over the past half-century has been the vertical disintegration of production, with different stages carried out in different countries-a process widely known as the Global Manufacturing Value Chain (GMVC). Trade based on global production sharing within GMVC has been the primary driver behind the dramatic shift in world manufacturing exports from developed to developing countries. However, there are growing concerns in policy circles about whether the GMVC is beginning to lose momentum. This study examines this issue with reference to Southeast Asian countries, which serve as an ideal laboratory for such an analysis. Engagement in GMVC has played a major role in the economic dynamism of these countries, although their levels of participation vary significantly. This title is also available as open access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":53511325188369,"sku":"NLS9781009738453","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781009738453.jpg?v=1778319820"},{"product_id":"understanding-the-dynamics-of-inequality-for-growth-and-development-book-sanghamitra-bandyopadhyay-9781009546591","title":"Understanding the Dynamics of Inequality for Growth and Development","description":"Inequality and its evolution over time are increasingly important subjects within the social sciences, particularly in the field of political economy. This Element identifies for the first time which inequality measures are best suited to capture the dynamics of inequality. The author generates a dataset of twelve types of inequality measures for 108 years across 34 countries using mortality distributions. When modelling inequality as a fractionally integrated process and using a Vector Autoregression approach, they find that mean-independent inequality measures are more suited to dynamic studies. In contrast, however, mean-dependent measures are unsuitable for dynamic studies. They suggest that no inequality measure should be used for dynamic purposes without rigorously testing its suitability. Tests of temporal normality and volatility serve as excellent \"marker\" tests of whether a chosen inequality measure is suitable for dynamic contexts. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":53543534231825,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ GARDNERS","offer_id":53543534297361,"sku":"NGR9781009546591","price":0.0,"currency_code":"GBP","in_stock":false}]},{"product_id":"understanding-the-dynamics-of-inequality-for-growth-and-development-book-sanghamitra-bandyopadhyay-9781009546645","title":"Understanding the Dynamics of Inequality for Growth and Development","description":"Inequality and its evolution over time are increasingly important subjects within the social sciences, particularly in the field of political economy. This Element identifies for the first time which inequality measures are best suited to capture the dynamics of inequality. The author generates a dataset of twelve types of inequality measures for 108 years across 34 countries using mortality distributions. When modelling inequality as a fractionally integrated process and using a Vector Autoregression approach, they find that mean-independent inequality measures are more suited to dynamic studies. In contrast, however, mean-dependent measures are unsuitable for dynamic studies. They suggest that no inequality measure should be used for dynamic purposes without rigorously testing its suitability. Tests of temporal normality and volatility serve as excellent \"marker\" tests of whether a chosen inequality measure is suitable for dynamic contexts. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":53543556907281,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ GARDNERS","offer_id":53543557005585,"sku":"NGR9781009546645","price":0.0,"currency_code":"GBP","in_stock":false}]}],"url":"https:\/\/www.worldofbooks.com\/collections\/elements-in-development-economics-book-series.oembed","provider":"World of Books ","version":"1.0","type":"link"}