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Over the past dozen years, policymakers have largely abandoned long-standing popular approaches for addressing risk in agriculture without fully resolving the question of how best to manage the negative consequences of volatile agricultural markets. The article reviews the transition from past...
Persistent link: https://www.econbiz.de/10015361095
This article discusses housing policy in developing economies. It examines recent research findings in light of earlier arguments as to the benefits of more market-oriented approaches. It also looks at whether the recommendations of earlier work have been refuted or developed in subsequent...
Persistent link: https://www.econbiz.de/10015361102
The literature on the economics of happiness in developed economies finds discrepancies between reported measures of …
Persistent link: https://www.econbiz.de/10015361105
Recent surveys of the empirical literature have concluded that the evidence is mixed on the magnitude, direction, and even existence of knowledge spillovers from foreign direct investment (FDI). This article reviews the recent theoretical and empirical literature that responds to these...
Persistent link: https://www.econbiz.de/10015361131
This paper summarizes the policy-relevant insights of a generation of research on scale economies. Scale economies in production are of three types: internal economies associated with large plants, localization economies that come from sharing of inputs and infrastructure and from greater...
Persistent link: https://www.econbiz.de/10015361154
A large body of literature has arisen in economics and political science analyzing the apparent “resource curse …
Persistent link: https://www.econbiz.de/10015361167
Today, 370 million people live in cities in earthquake prone areas and 310 million in cities with a high probability of tropical cyclones. By 2050 these numbers are likely to more than double, leading to a greater concentration of hazard risk in many of the world's cities. The authors discuss...
Persistent link: https://www.econbiz.de/10015361170
issues. The new structural economics outlined in this paper suggests a framework to complement previous approaches in the …
Persistent link: https://www.econbiz.de/10015361171
Justin Lin wants to make structuralist economics respectable again, and I applaud him for that. He wants to marry … the obstacles that block structural transformation can be overcome.The central insight of neoclassical economics is that … development economics, one that does not dismiss the tools of contemporary economic analysis and yet is sensitive to the specific …
Persistent link: https://www.econbiz.de/10015361172
Ever since development economics became a field, there has been a search for “the” key to development. Physical capital … government.If I understand Justin Lin correctly, he is saying that the “new structural economics” (NSE) accepts that earlier …
Persistent link: https://www.econbiz.de/10015361174