Economic Growth Book Reviews Samples For Students

Just to begin with, it is important to acknowledge the fact that the economic development when studied along with the history of the economic growth can provide a more analytical and comprehensive understanding of the development process. In his book, the “Wealth and Poverty of the Nations”. Landes peruses the history of the world economies in order to analyze the causes in the disparities in the wealth of the nations. In his book, Landes examines the problem of whether or not there is convergence of income disparities among different economies in the world have been critically and comprehensively examined in ...

(An Application of the Seven Major Sources of Economic Progress)

Authors: William Seyfried & Rollins College

- Article Summary
The article ‘Employment Intensity of Economic Growth’ seeks to examine the relationship between economic growth, as measured by the GDP, and employment levels, with the main focus being on the margin countries of Europe known as PIIGS (Portugal, Ireland, Italy, Greece and Spain). It pertains to research done between 1999 and 2012 to study unemployment growth rates and GDP after the financial crisis proved that the peripheral countries were in a dire financial state.
The financial crunch immensely reduced the availability of financing, and hence ...

The book, The Quest for Prosperity, is written by, Justin Yifu Lin. Mr. Lin is the chief economist and senior vice president of the World Bank. He illustrated in his book, a fascinating overview of development, development of economies, development for the underdeveloped countries and economies particularly after the Second World War. The book written by Justin Yifu Lin has been notable and it has been acknowledged as a knowledgeable and highly sophisticated book for people that have their interest in economic development, economic policies, economic growth, development of economies and development for third world countries that are struggling to improve ...

Overview of the National Banking Sectors in North Africa

Banking regulations on the acceptable standards have become a central point of discussion in most developed nations especially due to the recent financial crisis. A program or scheme that enforces the channeling of resources into more investments would boost the financial stability of the economies of most developing nations. A study of the regulations in the banking industry on the economic growth can reveal a lot concerning the economic growth in some specific South Mediterranean countries (Algeria, Tunisia, Morocco and Egypt). The banking efficiency and its proximity to internationally acceptable standards are measured using convergence methodologies such as β-convergence, Meta Frontier ...

Introduction

In her book entitled The China Price: The True Cost of Chinese Competitive Advantage, Harney discussed about the impact of the rapid industrialization in China. She pointed out how the industrialization and economic progress transformed the country to what people would consider as the world’s factory, yet, the author argued that this progress resulted in adverse consequences. Accordingly, the book talks about important elements that relate to the country’s geography.
a. Migrant Workers Issue
One of the factors that was discussed by Harney in her book is the issue of migrant workers. According to the author, there ...

Nature of Development in China

The mysterious growth of the Chinese economy today have had diverse effects on the social well-being of the country. The economic growth in the country failed to portray equal social development among the citizens. This fantastic but colossal growth of the economy have hence impacted negatively on the social lives of the people in the country. Through globalization, today, cultural crashes and the need to embrace the changes continuously affect the national development in a country (Williams, 2008). In the case of China, a communist country is trying to adapt to the capitalist world to sustain its development. With ...

Abstract

The following paper is a summary of the book “Globalization and its Discontents” by the Noble Laureate Joseph E. Stiglitz. This book talks about how globalization has failed to achieve the economic equality it was meant to produce, enumerating the faults in the working of the International Monetary Fund, the World Bank and the World Trade Organization and what steps they must take to put reformed policies in place such that both developing and developed nations can benefit from their respective economies and free markets
Keywords: International Monetary Fund, finance, economy, free markets, World Bank

Introduction

The world is ...

Assignment Questions

Question one
According to Moyo, there are three categories of aid namely, charity-based aid, emergency or humanitarian aid and systematic aid. The author focuses on the systematic aid, which is the sum, total of grants and concessional loans that is given by the donor country to the recipient country (Moyo, 2009). It is a loan from the government of a developed country to the government of the developing country or from international financial institutions such as World Bank and IMF to the government of the developing countries. This type of aid is the most damaging and it is has detrimental ...

In the book “The end of poverty: Economic Possibilities for Our Time” Jeffrey Sachs explains the yawning gap between the rich world and the poor and what can be done to improve that dreadful situation.
First idea depicts the greatest tragedy of our time – poverty and its dimensions, in which the one-sixth of humanity lives. As the author says, these countries are not even on the development ladder. The comparison of the poverty situation in Malawi, Bangladesh and India makes clear that the world community has so far displayed just too little action. Professor Sachs stresses that globalization ...

Introduction

The Bottom Billion is a short book that addresses contemporary issues in the world today. Collier looks at the main problems causing Poverty in Africa. He contends the traditional definitions of underdeveloped, developing and developed countries. According to the author, poverty is only a fifty eighty countries. To resolve the problems in the third world countries whose inhabitants make up the bottom million, countries should resolve corruption, improve infrastructure and governance practices. He argues against the imposition of radical changes by the developed countries on the third world countries. Collier focuses on the problem facing the African countries and relates them ...

What does the author mean by India’s strange rise?

India’s ‘strange rise’ is a phrase which is the reader encounter on the title of the book, In Spite Of the Gods: the Rise of Modern India. It is hard to explain what the author meant by the phrase without looking into the detailed meaning of the whole title. It is also proper in the outset that the author wrote the book while living in India where he worked for the financial times in the period 2001 to 2006 in New Delhi. The contents of the book, In Spite Of the Gods: the Rise of Modern India, are therefore a ...

In A People's History of the United States, Zinn devotes chapter 13 to socialist movements during the early 1900's. Is this justified or is he overstating the impact of the socialist movement?
Socialist movements gained tract in the turn of the century, and many workers were keen getting a fair share of their efforts from the employers. Also, people demanded more from the government, pushing for the protection of the old, sick and poor through programs that would reach out to the people. The formation of the National Civic Federation by Ralph Easley spelled doom and hard times for ...

Part 4 and Part 5 Final Paper

Actual changes that are eminent in the expounded Chapter three of ‘A History of Usury and Debts’ entails an in-depth insight of the connection between war, capitalism, Protestants as well as their significance in the development of banking and debts around the world, an ordeal which reflects the current status of financial markets. The author well explains Protestants' connection to usury and debt, and how the selection from the Roman Catholic influenced other themes in the chapter, such as war and capitalism (Geisst 107).
Actual changes include the way the three themes related in the previous part is construed ...

Assignment : Essay based on Chapter 5 of “Beggar thy neighbour”.

Assignment number

Assignment –A (1238 words)
Essay-1
Question: The economic consequences of lending at compound interest resulted in loss of productive yield of the society. How finance dominated over economics and politics by using this concept of interest (Geisst 193)?

Introduction

The question given above poses a mandatory evaluation of the harmful impact of the compound interest based lending and consequent ease of loans for the people of America. The author, Charles Geisst, used the viewpoint of John Maynard Keynes to explain that the American society was so possessed by the idea of easily availing the loans using compounded ...

Introduction

Dambisa Moyo is a Zambian innate with a Doctorate from Oxford University as well as a degree from the Harvard University. Moyo Dambisa has demonstrated her diligence working at the Goldman Sachs and the World Bank. Dambisa Moyo wrote her first book, the Dead Aid which is a controversial exploration of aid projects in the African Continent. The book by Moyo has received lots of praises from Kofi Annan. Kofi Quotes that the book is the best description of a fascinating case for a new strategy in Africa. She emphasizes that the time for Africa is here. Moyo further ...

Book Review of “Is China Buying the World”

As China grows to become the world’s largest economy, catching up with even the United States in the coming decade, it is important to understand the strategic growth objectives of the Chinese economy. Several authors have written books and research papers on the Asian Tiger, and the country is setting the pace of its economic growth. From becoming the manufacturing hub of the world at the end of the last millennium, China is now looking to expand its presence beyond its shores (Mitter, 2008). In the last decade, Chinese companies have begun acquiring companies and assets such as ...

In "Confessions of an Economic Hitman," John Perkins tells the story about how he and others like him were able to have a huge impact on the world today in ways that many of the elite in society would rather keep secret. The story involves a lot of deceit, murderers, and traitors who are motivated by greed and power. Perkins gives details on how strong countries have the power to exploit another and even goes so far as to influence their politics. He explains how some countries are willing to go to extremes such as robbing another country of their natural resources, ...

The book “Enough is Enough” is an excellent work done by authors, Rob Dietz and Dan O’Neil. The book very precisely details out how earth’s fitness resources are being utilized without making any improvement to people’s lives. Authors very brilliantly describe the realistic alternatives to continuous quest for economical growth and development: economy for which goal is not enough, any more. The book explicitly presents strategies to preserve natural resources, decrease disparity, stabilize population, generate jobs and fix financial system etc. All strategies emphasizes on capitalizing on long-term economic well-being than sort-term earnings. The book is ...

The Dag Hammarskjöld Foundation supports a “Development Dialogue” series in order to encourage and promote dialogue, communication and debate on subjects between North and South global divisions. In June 2012 the Foundation published a book edited by the Civil Society Reflection Group on Global Development Perspectives titled No Future without Justice. The civil society reflection group was established in the fall of 2010 and is comprised of members of a variety of civil society organizations (CSOs). At first the group came together informally in order to discuss the numerous global crises that are happening simultaneously. By November of 2010 the group ...

Galbraith’s book ‘The Affluent Society’ looks at the socio-economic organization of the United States and the political forces that are necessary for creating a strong economy not only in the short-run but also in the long-run. Galbraith central macro-economic concept is that the US economic is based on the European Economic theory. In his argument, Galbraith argues that there has been an inclination by the US market to take a trajectory that seeks to maximize production rates. Effects such as increased technology and the machine-based industries have been adopted over the years so as to maximize production. However, Galbraith criticizes this ...

The Return of Depression Economics and the Crisis of 2008

The Return of Depression Economics and the Crisis of 2008 is an economics book that was written by Paul Krugman. The book is an analysis of the 2008 financial crisis that followed an economic downturn amid huge economic activity in the financial sector of many economies including that of the United States of America. The book further follows and traces integration of the unfavorable economic conditions into the financial crisis experienced in the year 2008. In addition, Paul Krugman considers the parameters that characterize a relationship in an economic depression context basing the argument on the depression and the economic ...