Getting Development Right: Structural Transformation, Inclusion, and Sustainability in the Post-Crisis Era

The celebratory tone about the emergence of the BRICs and the improved growth in Sub Saharan Africa and Latin America during the 2000s obscures the reality that, for large parts of the developing world, the challenges of development are more acute than ever before. After three decades of Washington Consensus policies, deepening globalization, and China's and India's increasing competitiveness in ever more goods and services, many developing countries are now facing three critical challenges: how to engender a transformation of the production structure that creates many more productive jobs, how to make growth more inclusive, and how to stimulate a growth process compatible with environmental sustainability. Getting Development Right brings together some of the most renowned development scholars and practitioners from multiple academic disciplines and policy perspectives to analyze important facets of this triple challenge and suggest strategies for overcoming the challenges in the current age of globalization. Unlike other books on development, Getting Development Right looks at the current global crisis and short-term growth opportunities from a long-term perspective, emphasizing that the three main challenges are interlinked, and that strategies and policies must recognize these interconnections to address different aspects of the challenges concomitantly.

Table of Contents:
1. Getting Development Right; Eva Paus PART I: TRANSFORMING THE STRUCTURE OF PRODUCTION 2. Structural Change, Economic Convergence And Industrialization; Dani Rodrik 3. Still Blowin' In The Wind: Industrial Policy, Distorted Prices And Implicit Reciprocity; Mario Cimoli, Gabriel Porcile, Elisa Calza 4. Social Policy And The Challenges Of The Post-Adjustment Era; Thandika Mkandawire PART II: DEMOCRATIZING DEVELOPMENT 5. Inequality Of Opportunity, Income Inequality And Economic Mobility: Some International Comparisons; Francisco H. G. Ferreira, Paolo Brunori, Vito Peragine 6. Does Globalization Help To Overcome The 'Challenge Of Development?' Political Actors And Economic Rents In Central America And The Dominican Republic; Diego Sanchez-Ancochea 7. From Authoritarianism to People Power in the Middle East and North Africa: Implications for Economic Inclusion and Equity; Eva Bellin PART III: MAKING THE ENVIRONMENT COUNT 8. The Macro And Mesoeconomics Of The Green Economy; Jose Antonio Ocampo 9. Environmental Sustainability And Poverty Eradication In Developing Countries; Edward Barbier 10. Environment As An Element Of Development. The Growing Role Of Energy Efficiency And Environmental Protection In Chinese Economic Policy; Deborah Seligsohn

About the Author :
Eva Paus is Professor of Economics and the Carol Hoffmann Collins Director of the Dorothy R. and Norman E. McCulloch Center for Global Initiatives at Mount Holyoke College, USA.