Capital and Collusion : The Political Logic of Global Economic Development

Why does capital formation often fail to occur in developing countries? Capital and Collusion explores the political incentives that either foster growth or steal nations' growth prospects. Hilton Root examines the frontier between risk and uncertainty, analyzing the forces driving development...

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Chi tiết về thư mục
Tác giả chính: Root, Hilton L.
Định dạng: Livre numérique
Ngôn ngữ:Anglais
Được phát hành: Princeton, N.J. : Princeton University Press [2016].
Những chủ đề:
Truy cập trực tuyến:Accès Université Orléans et IFPM
Chú thích: In English
Description based on online resource; title from PDF title page (publisher's Web site, viewed Oct. 27, 2016)
La pagination de l'édition imprimée correspondante est de 346 p.
Cyberlibris (ScholarVox) corpus sciences économiques et gestion
Autres localisations: Voir dans le Sudoc
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245 1 0 |a Capital and Collusion :  |b The Political Logic of Global Economic Development   |c Hilton L. Root. 
256 |a Données textuelles 
260 |a Princeton, N.J. :  |b Princeton University Press,  |c [2016]. 
500 |a In English 
500 |a Description based on online resource; title from PDF title page (publisher's Web site, viewed Oct. 27, 2016) 
500 |a La pagination de l'édition imprimée correspondante est de 346 p. 
500 |a Cyberlibris (ScholarVox) corpus sciences économiques et gestion 
506 |a L'accès en ligne est réservé aux établissements ou bibliothèques ayant souscrit l'abonnement. Cyberlibris 
520 |a Why does capital formation often fail to occur in developing countries? Capital and Collusion explores the political incentives that either foster growth or steal nations' growth prospects. Hilton Root examines the frontier between risk and uncertainty, analyzing the forces driving development in both developed and undeveloped regions. In the former, he argues, institutions reduce everyday economic risks to levels low enough to make people receptive to opportunities for profit, stimulating developments in technology and science. Not so in developing countries. There, institutions that specialize in sharing risk are scarce. Money hides under mattresses and in teapots, creating a gap between a poor nation's savings and its investment. As a consequence, the developing world faces a growing disconnect between the value of its resources and the availability of finance. What are the remedies for eliminating this disparity? Root shows us how to close the growing wealth gap among nations by building institutions that convert uncertainty into risk. Comparing China to India, Latin America to East Asia, and contemporary to historical cases, he offers lessons that can help the World Bank and the International Monetary Fund to tackle the political incentives that are the source of poor governance in developing nations 
538 |a Nécessite un navigateur et un lecteur de fichier PDF 
650 |a Politique économique 
650 |a Politique économique  |z Pays en voie de développement 
650 |a Développement économique  |x Société 
650 |a Développement économique  |x Aspect politique 
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