Economia
Para o leitor desavisado deste blog, o título deste post não se refere ao título de um filme pornô, mas à avaliação do encontro anual de central bankers e economistas em Jackson Hole, Wyoming, feita por Justin Yifu Lin. Como um expert em desenvolvimento econômico, vale a pena ressaltar esta passagem:
"Esther Duflo, meanwhile, posited that a long term strategy to balance growth with equity should entail policies that maximize the chance for the poor to fully participate in markets. Her paper describes market failures in finance, insurance, land, and education in developing countries, and discusses what is known, and not known, about how best to tackle them.
My view is that fixing all those market failures that are biased against poorer people might not be sufficient. Poor people’s income comes mostly from their labor earnings, while the rich people derive a large portion of their income from capital. If a developing country can follow its comparative advantage and starts its structural transformation by developing labor-intensive industries, the poor will have better employment opportunities, the economy will be competitive and dynamic, labor will turn from relatively abundant to relatively scarce, and the increase in wage rates will be much faster than the return to capital. In this way, the country may achieve growth with equity as Japan, Korea, Taiwan-China, and Singapore achieved during their catching up process."
- Ha-joon Chang. 23 Things They Don’t Tell You About Capitalism
Sumário do novo livro de HA-JOON CHANG. 23 Things They Don’t Tell You about Capitalism. Ver entrevista do autor na Globonews no link abaixo http://globotv.globo.com/globonews/milenio/t/programas/v/economista-sul-coreano-avalia-os-desafios-do-atual-sistema-capitalista/2132771/...
- Fim Da Convergência
How poor countries seemed to be catching up with rich ones—and why they are now falling behind again Sep 14th 2014, 23:50 by R.A. Close Save this article Click this to add articles to your Timekeeper reading list. Learn more » IF THE 20th...
- Como Suecia Econtrou O Caminho Da Prosperidade
How Laissez-Faire Made Sweden Rich by Johan Norberg Sweden often gets held up as an example of how socialism can work better than markets. But, as Norberg shows, Sweden's history in fact points to the opposite conclusion. Once upon a time...
- Crescimento Econômico E Educação
Economic Growth Should Precede Education Few people dispute that pouring public education is good for economic growth. Well, you just met one. It has always been my contention that case-and-effect are reversed, sic.: poor countries must grow richer...
-
Hernando de Soto Excelente discurso. Advancing Liberty Trecho: As Professor Friedman said in his remarks, the sorts of solutions that poor countries need are the kinds of things that developed countries did in the 19th Century, not the 21st Century....
Economia
Balanço de Jackson Hole
Para o leitor desavisado deste blog, o título deste post não se refere ao título de um filme pornô, mas à avaliação do encontro anual de central bankers e economistas em Jackson Hole, Wyoming, feita por Justin Yifu Lin. Como um expert em desenvolvimento econômico, vale a pena ressaltar esta passagem:
"Esther Duflo, meanwhile, posited that a long term strategy to balance growth with equity should entail policies that maximize the chance for the poor to fully participate in markets. Her paper describes market failures in finance, insurance, land, and education in developing countries, and discusses what is known, and not known, about how best to tackle them.
My view is that fixing all those market failures that are biased against poorer people might not be sufficient. Poor people’s income comes mostly from their labor earnings, while the rich people derive a large portion of their income from capital. If a developing country can follow its comparative advantage and starts its structural transformation by developing labor-intensive industries, the poor will have better employment opportunities, the economy will be competitive and dynamic, labor will turn from relatively abundant to relatively scarce, and the increase in wage rates will be much faster than the return to capital. In this way, the country may achieve growth with equity as Japan, Korea, Taiwan-China, and Singapore achieved during their catching up process."
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- Ha-joon Chang. 23 Things They Don’t Tell You About Capitalism
Sumário do novo livro de HA-JOON CHANG. 23 Things They Don’t Tell You about Capitalism. Ver entrevista do autor na Globonews no link abaixo http://globotv.globo.com/globonews/milenio/t/programas/v/economista-sul-coreano-avalia-os-desafios-do-atual-sistema-capitalista/2132771/...
- Fim Da Convergência
How poor countries seemed to be catching up with rich ones—and why they are now falling behind again Sep 14th 2014, 23:50 by R.A. Close Save this article Click this to add articles to your Timekeeper reading list. Learn more » IF THE 20th...
- Como Suecia Econtrou O Caminho Da Prosperidade
How Laissez-Faire Made Sweden Rich by Johan Norberg Sweden often gets held up as an example of how socialism can work better than markets. But, as Norberg shows, Sweden's history in fact points to the opposite conclusion. Once upon a time...
- Crescimento Econômico E Educação
Economic Growth Should Precede Education Few people dispute that pouring public education is good for economic growth. Well, you just met one. It has always been my contention that case-and-effect are reversed, sic.: poor countries must grow richer...
-
Hernando de Soto Excelente discurso. Advancing Liberty Trecho: As Professor Friedman said in his remarks, the sorts of solutions that poor countries need are the kinds of things that developed countries did in the 19th Century, not the 21st Century....