Development in the Third World: From Policy Failure to Policy Reform
This book is a study of Third World economic development and the factors which have made development so elusive. It discusses the policy reform necessary to spur development as well as the relationship between development theory and policy. The author argues that the key to successful development policy is through reduced state intervention, and that to the extent state intervention is necessary, it should be through rather than against the market mechanism.
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Development Theory and Third World Development Policy
Tax Policy and Savings Mobilization
Foreign Aid and Foreign Debt
Urbanization and the Urban Bias
The Growth and Impact of the Subterranean Sector
Bureaucratic Corruption and the Administrative Reform Imperative
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activities administrative reform agricultural Asia basic borrowing bureaucratic corruption capital flight coun debt-service devel Developing Countries development policy development process development theory domestic savings economic development economic growth effect efficiency example export factors fertility Finance and Development fiscal foreign aid formal sector Guyana Ibid IMF Staff Papers implementation important improve income increase industrial institutions Inter-American Development Bank interest rates investment Jamaica Kempe Ronald Hope Latin America liberalization loans major ment migration nomic opment percent policy framework political poor poverty private sector production programs promote public enterprises public sector public service result revenues role rural areas rural development savings mobilization social strategies sub-Saharan Africa subterranean sector tax effort tax ratio taxation Third World countries Third World governments Third World nations tion United Nations urban areas urban growth urban population Washington World Bank World Development Report World governments York