Development economics : theory and practice / Alain de Janvry and Elisabeth Sadoulet.

Format:

Book

Author/Creator:

De Janvry, Alain, author.

Sadoulet, Elisabeth, 1945- author.

Language:

English

Subjects (All):

Development economics.

Economic development.

Social policy.

Developing countries--Economic policy.

Developing countries.

Economic policy.

Developing countries--Social policy.

Physical Description:

xxiv, 548 pages : maps, charts ; 25 cm

Edition:

Second edition.

Place of Publication:

New York ; London : Routledge, 2021.

Contents:

Machine generated contents note: Economic Development

Development Economics

Why Should We Be Interested in Development Economics?

References

1. What Is Development? Indicators and Issues

Seven Dimensions of Development

Income and Income Growth

Poverty and Hunger

Inequality and Inequity

Vulnerability to Poverty

Basic Needs: Human Development

Sustainability in the Use of Natural Resources

Quality of Life

Development Goes beyond Income, but Can Income Growth Deliver Development?

Conclusion: Development Is Multidimensional, so Can We Agree on What It Is?

Concepts in this Chapter

Review Questions: What Is Development? Indicators and Issues

2. The State of Development

Income Growth and the Convergence Club

Inequality

Basic Human Needs

Sustainability in Resource Use

Conclusion

Review Questions: The State of Development

3. History of Thought in Development Economics

Introduction: Why History Matters

Basic Principles in Analyzing the History of Thought in Development Economics

Selected Schools of Thought in Development

Review Questions: History of Thought in Development Economics

4. Impact Evaluation of Development Policies and Programs

How Do We Know What Works for Development?

Objectives and Overview of Impact Evaluation

Methods of Impact Evaluation

Experimental Design

RCT

Matching Method to Construct Control Groups: Propensity Score Matching

Difference-In-Differences Method

Generalization of the Diff-In-Diffs Approach: Rollouts with Panel Data

Regression Discontinuity Designs

Event Analysis and Event-Severity Analysis

Instrumental Variables Estimation

Making Impact Evaluation More Useful for Policy Purposes

Qualitative Methods

Review Questions: Impact Evaluation of Development Policies and Programs

Appendix 4 Econometrics of Impact Analysis

Randomization

Propensity Score Matching

Difference-In-Differences

Staggered Entry with Panel Data: Rollout of a Program

Regression Discontinuity

Event Analysis

5. Poverty and Vulnerability Analysis

Characterize Welfare: Choice of an Indicator of Wellbeing

Separating the Poor from the Non-Poor: Choosing a Poverty Line (z)

Poverty Profile and Aggregate Indicators

Vulnerability

Other Aspects of Poverty

Correlates of Poverty: Who Are the Poor? Where Do They Live? What Do They Do? How Do They Live?

The Geography of Poverty: Poverty Maps

Are There Behavioral Poverty Traps?

Review Questions: Poverty and Vulnerability Analysis

6. Inequality and Inequity

Describing and Measuring Inequality

Decomposing Inequality

Relationship Between Level of Income (GDPpc) and Inequality: Empirical Evidence on the Kuznets Inverted-U Curve

The Long-Term Evolution of Inequality

Pro-Poor Growth and the Growth Incidence Curve

The Growth-Inequality-Poverty Development Triangle

What Roles for Ethnic Fractionalization and Genetic Diversity?

What Role for Equity in Development?

Inclusive Growth

Review Questions: Inequality and Inequity

7. International Trade and Industrialization Strategies

Trade Openness

Gains from Trade: Why Countries Trade, but Not Everyone Gains

Absolute, Comparative, and Competitive Advantage

Trade Policy and Indicators of Protection

Using Trade Policy for Development: Tariffs and Subsidies

Dynamic Gains from Trade: Import-Substitution Industrialization as a Policy Gamble

Trade and Industrialization Strategies: How to Choose

Is Trade Good for Growth?

Is Trade Good for Poverty Reduction?

Trade and the Environment

Trade and Food Security

Decline of the WTO and Threats to Multilateralism

Review Questions: International Trade and Industrialization Strategies

8. Explaining Economic Growth: The Macro Level

The Growth Puzzle

Generic Modeling of Income Growth

Capital Accumulation for Growth: The Harrod-Domar Model

Productivity Growth and Factor Deepening: The Solow Model

Economic Growth and Structural Transformation

The Role of Agriculture in Growth: Dual-Economy Models

The Role of Agriculture in Growth: Other Models

Endogenous Economic Growth

Review Questions: Explaining Economic Growth

the Macro Level

9. Exchange Rate Policies and Development

Trade, Financial Flows, and Exchange Rate

Exchange Rate Regimes

The Real Exchange Rate and Its Effect on Real Balances

Two Examples of Exchange Rate Shocks

Review Questions: Exchange Rate Policies and Development

10. The Economics of Farm Households

Importance of Farm Households

Definitions of Farm Households

Farm Household Behavior Models

Responses to Market Signals: Separability

Net Buyers, Net Sellers, and Food Security

Can the Family Farm Be Competitive and Survive?

Risk and Self-Insurance in Household Behavior

Intra-Household Allocation of Resources and Gender Roles

Review Questions: The Economics of Farm Households

11. Population and Development

Definitions: Demographic Concepts

Some Data for World Population

History of World Population and Demographic Transition

Causes of Population Growth

Population Policy

Other Issues in Population and Development

Review Questions: Population and Development

12. Labor and Migration

Labor and Employment

Rural-Urban Migration

Extensions of the Model and Empirical Results

Impacts of Migration

Review Questions: Labor and Migration

13. Financial Services for the Poor

The Generic Lender Problem

Commercial Banks

Local Moneylenders, or "Usurers"

Local Sources of Credit Based on Interlinkages in Value Chains

Informal Institutions: ROSCAs

Village Banks and Self-Help Groups

The Microfinance Revolution: Group Lending

MFIs with Individual Loans: Proximity Lending

Other Issues in Microfinance Lending

Impact Evaluations on Microfinance Lending

Increasing Savings: Offering Saving Opportunities and Incentives

Can the Poor Be Insured? The Promise of Index-Based Weather Insurance

Mobile Money and Digital Credit

Conclusions on MFIs: How Useful are they for Poverty Reduction?

Review Questions: Financial Services for the Poor

14. Social Programs and Targeting

Determinants of Income and Paths out of Poverty

A Typology of Social Programs

The Targeting of Social Programs: Benefits and Costs

Errors in Targeting: Exclusion (Type I) and Inclusion (Type II) Errors

Targeting Methods

Quality of Targeting

Other Issues in Implementation of Transfers

Using Social Safety Net Programs for Efficiency Gains and Growth

Impact Evaluation of Social Programs: Some Examples

The Debate over Cash Transfers vs. Development Programs for Poverty Reduction

Review Questions: Social Programs and Targeting

15. Sustainable Development and the Environment

Links between Development, Resource Conservation, and Environmental Sustainability

Negative Externalities

Incomplete Property Rights

Public Goods

Discounting: Private vs. Social, and Exponential vs. Hyperbolic

The Sustainability Objective

Dilemmas in the Environment-Development Relation

Introducing New Markets: Payments for Environmental Services

Review Questions: Sustainable Development and the Environment

16. Common Property Resources and Determinants of Cooperation

Why Are There Common Property Resources?

Economics of CPR Use

Grounds for Pessimism about Cooperative Behavior

Cooperative Outcomes in Non-Cooperative Games

Determinants of Cooperation and Collective Action

Why Secure Property Rights Over Land Matter for Economic Development

Review Questions: Common Property Resources and Determinants of Cooperation

17. Human Capital: Education and Health

Why Are Education and Health Important for Development?

Indicators and Status of Education

Education and Growth

What Determines the Levels of Schooling?

Estimating the Return to Education

Policy Issue: Conditional Cash Transfers

Indicators and Status of Health

What Determines Health Achievements?

Impact of Health on Development Outcomes

Issues in Health Policies: The Debate Around Subsidies

Review Questions: Human Capital

Education and Health

18. Agriculture for Development

Agriculture for Development

The State of World Agriculture

Determinants of Agricultural Growth

Food Security in Developing Countries

The Political Economy of Agriculture for Development

Review Questions: Agriculture for Development

19. Development Aid and Its Effectiveness

Overview

Aid in a Historical Perspective

Contents note continued: The Evolution of Foreign Aid

Fungibility of Foreign Aid

Aid Effectiveness from a Macro Perspective

Evaluating the Impact of Foreign Aid from a Micro Perspective

The Practice of Foreign Aid

Aid Strategies for Greater Effectiveness: What Can Be Done?

The Debate on Foreign Aid

Conclusion: Toward a New Aid Architecture

Review Questions: Development Aid and Its Effectiveness

20. Institutional Innovations and Development

Institutions and Development

Assumptions Underlying New Institutional Economics

Market Failures Induced by Transaction Costs

Institutional Responses to Market Failures

Mechanisms of Institutional Change

Examples of Institutional Innovations that Help Reduce Transaction Costs and/or Compensate for Market Failures

Review Questions: Institutional Innovations and Development

21. Political Economy and the Role of the State

Introduction

Theories of the State

The Functionalist State

The Pluralist State: Public Choice

Economics of Public Authority: Rent-Seeking, Political Influence, and Corruption

Strategies to Limit Rent-Seeking

Review Questions: Political Economy and the Role of the State.

Notes:

Previous edition: 2016.

Includes bibliographical references and index.

Other Format:

ebook version :

ISBN:

9780367456481

0367456486

9780367456474

0367456478

OCLC:

1242736996