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The Three Regularities in Development (eBook)

Growth, Jobs and Macro Policy in Developing Countries

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2018 | 1st ed. 2018
XLI, 316 Seiten
Springer International Publishing (Verlag)
978-3-319-76959-2 (ISBN)

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The Three Regularities in Development - Moazam Mahmood
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The financial crisis in advanced economies and its impact on developing countries has put the longer term agenda of development - structural transformation of countries, of their growth, jobs, poverty and distribution - on the analytic and policy backburner. Day to day management of macro fundamentals in the global economy and the labour market have consumed decision makers with faltering GDP growth, soaring unemployment, and a resurgent threat of deflation. Without understanding and addressing the structural constraints and imbalances underpinning such global problems, the world economy is doomed to experience an increasing number of crises and emerging dualisms between countries.

The aim of this book is to bring back a balance to the development debate by re-focusing on the structural development challenges faced by developing countries. The book develops a coherent analytical framework supported by a large body of new empirical evidence linking three core dimensions - the structure of growth, employment, and their macro drivers. Then, for each of these dimensions and relationships a variety of effective policies are also identified and elucidated with the added granularity of country cases. 



Moazam Mahmood is Former Director for the Research Department at the International Labour Organization (ILO). He is now a Visiting Professor at the Capital University of Economics and Business, Beijing, China, and a Professor in Economics at the Lahore School of Economics in Pakistan, and also acts as a Member of the Commission on Africa, Chaired by Professor Joseph Stiglitz at Columbia University, USA.

Moazam Mahmood is Former Director for the Research Department at the International Labour Organization (ILO). He is now a Visiting Professor at the Capital University of Economics and Business, Beijing, China, and a Professor in Economics at the Lahore School of Economics in Pakistan, and also acts as a Member of the Commission on Africa, Chaired by Professor Joseph Stiglitz at Columbia University, USA.

1.Introduction.Part I: Three Empirical Regularities in Development: In Growth, Jobs and Macro Drivers.2. A Regularity in Growth Patterns in Developing Countries: The Quantum and Composition.3. A Regularity in Employment Patterns in Developing Countries: Jobs and Good Jobs.4. A Regularity in the Macro Drivers of Growth and Jobs: Accumulation of Physical and Human Capital.Part II: Three Policy Drivers of Development.5. Putting Caveats on Growth: Policy for Inclusion and Productive Transformation.6. Policy for Jobs: Reducing Informality.7. Macro Policy for Drivers of Growth and Jobs.8. Regularities Redux: Success Stories and Traps—What Has Worked for Developing Countries?.

Erscheint lt. Verlag 6.6.2018
Zusatzinfo XLI, 316 p. 140 illus.
Verlagsort Cham
Sprache englisch
Themenwelt Wirtschaft Volkswirtschaftslehre
Schlagworte Development • Employment Patterns • Job growth in developing economies • Labour Market • Macro drivers for growth and employment • Poverty • Structural transformation of countries • Sustainable Development Goals
ISBN-10 3-319-76959-6 / 3319769596
ISBN-13 978-3-319-76959-2 / 9783319769592
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