Synopses & Reviews
This book draws on the experiences of different countries in Asia and Africa, discussing a number of mechanisms to achieve efficient interactions between state, market, and community.
Synopsis
'How to combine the community, the market, and the state in the total economic system is probably the most important agenda for economists geared towards the reduction of poverty in developing economies'. - Professor Yujiro Hayami This volume brings together leading scholars from all around the world to examine and extend Professor Hayami's development model of 'community, market and state', and to pay tribute to his invaluable contribution to economics. The authors provide new empirical analysis with a clear focus on the role of the community in economic development, and its relations with agricultural markets, industrialization and the government, using primary data from major countries in Asia and Africa. This book is indispensable reading for all interested in development economics, government and market studies and international development studies.
Synopsis
This collection of conference papers presents a contemporary insight into key trends impacting on the global financial sector post crisis and highlights new policy and research areas affecting banks and other financial institutions. The four main themes are: financial crises, credit activity, capital markets and risk management.
About the Author
KEIJIRO OTSUKA is Director of GRIPS/FASID Joint Graduate Program at the Foundation for Advanced Studies on International Development in Tokyo, Japan. He is the current president of the IAAE, and the senior adviser to DG of IRRI from 2008. He has published eleven co-authored and co-edited books and more than 85 articles in leading economics journals.
KALIAPPA KALIRAJAN is Professor of Economics in the Crawford School of Economics and Government at the Australian National University, Australia. He is advisor and visiting professor to the GRIPS-FASID Joint Graduate Program from 2009, and he has published twelve authored, co-authored and co-edited books and more than 125 articles in refereed economics journals.
Table of Contents
Preface
PART I: AN OVERVIEW
Community, Market, and State in Development: An Introduction; K.Otsuka& K.Kalirajan
Crossing Borders: A Tribute to Yujiro Hayami; G.Ranis
Pushing Frontiers of Development Thought; C.David
PART II: ROLE OF STATE
The Role of the Government in Facilitating TFP Growth during Japan's Rapid Growth Era; S.Aoki, J.Esteban-Pretel, T.Okazaki & Y.Sawada
Development Performance across Indian States and the Role of the Governments; K.Kalirajan, S.Bhide& K.Singh
The Role of Traditional Chinese State and the Origin of Modern East Asia; D.Ma
Government Distortions to Agricultural Prices: Lessons from Rich and Emerging Economies; K.Anderson
The Human Capital Basis of the Japanese Miracle: A Historical Perspective; Y.Godo
PART III: STATE TO COMMUNITY
Community Governance and Public Goods Investments in China's Villages; R.Luo, L.Zhang, J.Huang&S.Rozelle
Poverty, Politics, and Projects under Community Participation in Zambia; A.de Janvry, H.Nakagawa&E.Sadoulet
Political Competition and the Impact of Local Governance on Pro-Poor Programs; P.Bardhan & D.Mookherjee
Promises and Realities of Community-Based Agricultural Extension; G.Feder, J.R.Anderson, R.Birner&K.Deininger
PART IV: COMMUNITY AND MARKET
The Community Mechanism of Contract Enforcement: What are the Differences between Rural Communities and Industrial Clusters?; K.Otsuka&T.Sonobe
The Transformation of Hayami's Village; J.Estudilo, Y.Sawada, K.Kajisa, N.Fuwa & M.Kikuchi
Recent Developments of Agricultural Markets in East Africa; T.Yamano, Y.Kijima, T.Matsumoto& M.Muto
Private Sector Industrialization in China: Evidence from Wenzhou; J.Strauss, E.Y.Qian, M.Shen, D.Liu, M.Majbouri, Q.Sun,Q.Ying, & Y.Zhu
The Role of Markets for Managing Agricultural Risks in Developing Countries; P.Hazell