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BRICS or Bust? : Escaping the Middle-Income Trap /
Once among the fastest developing economies, growth has slowed or stalled in Brazil, Russia, India, China, and South Africa. What policies can governments enact to jump-start the rise of these middle-income countries? Hartmut Elsenhans and Salvatore Babones argue that economic catch-up requires inve...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Stanford, CA :
Stanford University Press,
[2020]
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| Temas: | |
| Acceso en línea: | Texto completo Texto completo |
MARC
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| 024 | 7 | |a 10.1515/9781503604919 |2 doi | |
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| 100 | 1 | |a Elsenhans, Hartmut, |e author. |4 aut |4 http://id.loc.gov/vocabulary/relators/aut | |
| 245 | 1 | 0 | |a BRICS or Bust? : |b Escaping the Middle-Income Trap / |c Hartmut Elsenhans, Salvatore Babones. |
| 264 | 1 | |a Stanford, CA : |b Stanford University Press, |c [2020] | |
| 264 | 4 | |c ©2017 | |
| 300 | |a 1 online resource (128 p.) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 347 | |a text file |b PDF |2 rda | ||
| 505 | 0 | 0 | |t Frontmatter -- |t CONTENTS -- |t Preface and Acknowledgments -- |t Introduction -- |t 1. The BRICS Trajectories: Economic, Political, and Social -- |t 2. The Role of the State in Economic Development -- |t 3. Mass Demand as the Basis of Growth -- |t 4. Selective Links to the World Market -- |t Conclusion -- |t Suggested Readings |
| 506 | 0 | |a restricted access |u http://purl.org/coar/access_right/c_16ec |f online access with authorization |2 star | |
| 520 | |a Once among the fastest developing economies, growth has slowed or stalled in Brazil, Russia, India, China, and South Africa. What policies can governments enact to jump-start the rise of these middle-income countries? Hartmut Elsenhans and Salvatore Babones argue that economic catch-up requires investment in the productivity of ordinary citizens. Diverging from the popular narrative of increased liberalization, this book argues specifically for direct government investment in human infrastructure; policies that increase wages and the bargaining power of labor; and the strategic use of exchange rates to encourage export-led growth. These measures raise up the majority and finance future productivity by driving broader consumption and fostering investment within national borders. Though strategies like full employment, mass education, and progressive taxation are not especially controversial, none of the BRICS have truly embraced them. Examining barriers to implementation, Elsenhans and Babones find that the main obstacle to such reforms is an absence of political will, stemming from closely guarded elite privilege under the current laws. BRICS or Bust? is a short, incisive read that underscores the need for demand-driven growth and why it has yet to be achieved. | ||
| 538 | |a Mode of access: Internet via World Wide Web. | ||
| 546 | |a In English. | ||
| 588 | 0 | |a Description based on online resource; title from PDF title page (publisher's Web site, viewed 23. Jul 2020) | |
| 650 | 4 | |a BRICS. | |
| 650 | 4 | |a Brazil. | |
| 650 | 4 | |a China. | |
| 650 | 4 | |a India. | |
| 650 | 4 | |a Russia. | |
| 650 | 4 | |a South Africa. | |
| 650 | 4 | |a exchange rates. | |
| 650 | 4 | |a full employment. | |
| 650 | 4 | |a mass incomes. | |
| 650 | 4 | |a middle-income trap. | |
| 650 | 7 | |a BUSINESS & ECONOMICS / Development / Economic Development. |2 bisacsh | |
| 700 | 1 | |a Babones, Salvatore, |e author. |4 aut |4 http://id.loc.gov/vocabulary/relators/aut | |
| 773 | 0 | 8 | |i Title is part of eBook package: |d De Gruyter |t SUP Complete eBook-Package 2017 |z 9783110703696 |
| 856 | 4 | 0 | |u https://doi.uam.elogim.com/10.1515/9781503604919 |z Texto completo |
| 856 | 4 | 0 | |u https://degruyter.uam.elogim.com/isbn/9781503604919 |z Texto completo |
| 912 | |a 978-3-11-070369-6 SUP Complete eBook-Package 2017 |b 2017 | ||
| 912 | |a GBV-deGruyter-alles | ||