Persistent Poverty

Persistent Poverty PDF

Author: George L. Beckford

Publisher:

Published: 1999

Total Pages: 346

ISBN-13: 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 PDF

Author: Jay Mandle

Publisher: Routledge

Published: 2010-11-26

Total Pages: 205

ISBN-13: 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.

How Europe Underdeveloped Africa

How Europe Underdeveloped Africa PDF

Author: Walter Rodney

Publisher: Verso Books

Published: 2018-11-27

Total Pages: 416

ISBN-13: 1788731204

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The classic work of political, economic, and historical analysis, powerfully introduced by Angela Davis In his short life, the Guyanese intellectual Walter Rodney emerged as one of the leading thinkers and activists of the anticolonial revolution, leading movements in North America, South America, the African continent, and the Caribbean. In each locale, Rodney found himself a lightning rod for working class Black Power. His deportation catalyzed 20th century Jamaica's most significant rebellion, the 1968 Rodney riots, and his scholarship trained a generation how to think politics at an international scale. In 1980, shortly after founding of the Working People's Alliance in Guyana, the 38-year-old Rodney would be assassinated. In his magnum opus, How Europe Underdeveloped Africa, Rodney incisively argues that grasping "the great divergence" between the west and the rest can only be explained as the exploitation of the latter by the former. This meticulously researched analysis of the abiding repercussions of European colonialism on the continent of Africa has not only informed decades of scholarship and activism, it remains an indispensable study for grasping global inequality today.

Persistent Underdevelopment

Persistent Underdevelopment PDF

Author: Jay R. Mandle

Publisher:

Published: 2011

Total Pages: 190

ISBN-13: 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 PDF

Author: Raghuram G. Rajan

Publisher:

Published: 2008

Total Pages: 64

ISBN-13:

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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.

The Persistence of Underdevelopment

The Persistence of Underdevelopment PDF

Author: Raghuram Rajan

Publisher:

Published: 2006

Total Pages: 62

ISBN-13:

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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.

Development and Underdevelopment

Development and Underdevelopment PDF

Author: Celso Furtado

Publisher: Univ of California Press

Published: 2022-05-27

Total Pages: 194

ISBN-13: 0520319710

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This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1964.

Persistent Poverty; Underdevelopment in Plantation Economies of the Third World

Persistent Poverty; Underdevelopment in Plantation Economies of the Third World PDF

Author:

Publisher:

Published: 1971

Total Pages: 0

ISBN-13:

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Examination of the ways in which structural characteristics of the plantation system influence the economic development process in developing countries, particularly in Asian and Caribbean countries and in Brazil - covers demographic aspects, traditional agriculture, resource allocation, the labour supply of rural workers, the impact of technological change on plantation enterprises, etc. Bibliography pp. 287 to 296, diagrams, references and statistical tables.