Law and Development Today: The New Developmentalism

2009 ◽  
Vol 10 (9) ◽  
pp. 1257-1273 ◽  
Author(s):  
F. Charles Sherman

The purpose of this essay is to consider the significance of new developmentalism for the field of law and development. New developmentalism refers to a theory and practice of development economics, which appears to have entered mainstream development thinking. Its core elements also seem to have been a factor in the dynamic economic growth that has occurred in a number of emerging economies. This trend is significant for the field of law and development because: (a) conventional economic development orthodoxies are seen to have shaped previous law and development movements; (b) these models and their corresponding law reform projects were arguably inadequately adapted to existing domestic circumstances; and (c) new developmentalism represents a departure from conventional development orthodoxies, as it necessitates both learning and adapting to local settings. Yet such a system also creates new challenges for law reformers and policymakers within the international development community (not to mention domestic reformers), and it remains unclear (if not doubtful) that new developmental states can be engineered by external actors and institutions.

1981 ◽  
Vol 37 (4) ◽  
pp. 566-582 ◽  
Author(s):  
Seleshi Sisaye

Since the beginnings of development assistance to Third World countries during the post-World War II period, there have been some philosophical changes in the theory and practice of development aid programmes. Western development aid ( i.e., of the United States and West European countries), can be classified into two main conceptual types. These include economic growth as development objective and economic growth with an increased quality of life as development objective. The first two decades of development assistance 1950–1970 focused on economic growth objectives with increased production. The period, 1970–1980 concentrated on redistributive measures to improve the quality of life of the rural poor, the provision of basic needs, creation of employment opportunities, and the implementation of policy measures to reduce relative inequality and absolute poverty. The main purpose of this article is to discuss the changes in the theory and practice of Western aid programmes in Third World countries from 1945–1979. We will look into the underlying international causes that contributed to these changes. We will also review the evolution of aid to Third World countries for the last thirty years by examing the economic, political and social background for the changes in development assistance from urban to rural development programmes and from an emphasis in increasing production to that of redistribution with growth. These problems are discussed in the hight of their relevance for policy-onented rescoorch in Third World Comtnes.


Author(s):  
Timothy M. Shaw

One-quarter of the world’s states are African and can contribute to international relations theory and practice as the North enters a period of ambivalence and begins to retreat from positive global engagement. Each actor based in or concerned about the African continent, state and non-state alike, advances a foreign policy to reflect its interests, often in coalition with others. East-South relations and a non-Western world, as well as Brazil, Russia, China, India, and South Africa, are important in international development and emerging powers in Africa. The diversion away from international order and peace of the United States under President Donald Trump, the United Kingdom under Prime Minister Theresa May, and the European Union, the latter characterized by unanticipated immigration and endless Eurozone crises, can be positive for African agency and development if the continent can seize the unprecedented space to advance its own developmental states and regionalisms. Such possibilities of Africa’s enhanced prospects are situated in terms of a changing global political economy in which new economies, companies, and technologies are emerging along with contrary, nontraditional security threats. In response, novel forms of transnational “network” governance are being conceived and charted to advance sustainable developmental states and regionalisms through innovative foreign policy stances outside established, but increasingly dysfunctional and ossified, interstate institutions.


2019 ◽  
pp. 108-126
Author(s):  
Ivan L. Lyubimov

This paper examines the evolution of academic and applied approaches to analyze the problem of economic growth since the mid-XX century. For quite an extended period of time, these views were corresponding to universalist economic policies taking no adequate account of particularities and limitations that a certain catching-up economy embodied. New approaches analyzing the problems of economic growth, on the contrary, individualize growth diagnostics, structural transformation and the organization of reforms processes for the emerging economies. We argue that individualist approaches might be potentially more effective than the universalist ones for solving the problem of slow economic growth.


2016 ◽  
pp. 5-33 ◽  
Author(s):  
V. Mau

The paper deals with 2015 trends and challenges for social and economic policy in the nearest future. The analysis of global crisis includes: uneven developments in the leading advanced and emerging economies; new models of economic growth which look differently in different countries; prospects of globalization and challenges of ‘regional globalization’; currency configurations of the future; energy prices dynamics and its influence on political and economic prospects of particular states. Current challenges are discussed in the context of previous 30 years. Among the main topics on Russia, there are approaches to a new growth model, structural transformation (including import substitution issues), economic dynamics, budget and monetary outlines, social issues. The priorities of economic policy are also considered.


2020 ◽  
Vol 3 (1) ◽  
pp. 25-41 ◽  
Author(s):  
Quan Hoang Vuong ◽  
Viet Phuong La ◽  
Thu Trang Vuong ◽  
Phuong Hanh Hoang ◽  
Manh Toan Ho ◽  
...  

AbstractThis study explores entrepreneurship research in Vietnam, a lower-middle-income country in Southeast Asia that has witnessed rapid economic growth since the 1990s but has nonetheless been absent in the relevant Western-centric literature. Using an exclusively developed software, the study presents a structured dataset on entrepreneurship research in Vietnam from 2008 to 2018, highlighting: low research output, low creativity level, inattention to entrepreneurship theories, and instead, a focus on practical business matters. The scholarship remains limited due to the detachment between the academic and entrepreneur communities. More important are the findings that Vietnamese research on entrepreneurship, still in its infancy, diverges significantly from those in developed and emerging economies in terms of their content and methods. These studies are contextualized to a large extent to reflect the concerns of a developing economy still burdened by the high financial and nonfinancial costs.


1991 ◽  
Vol 101 (407) ◽  
pp. 999
Author(s):  
Andrew Tylecote ◽  
R. M. Sundrum

Significance He appears to have weathered this early political storm, achieving notable successes in areas such as tax reform. However, the political outlook remains uncertain, with a likely COVID-19 resurgence heralding new challenges in 2022. Impacts Containing the spread of the Omicron variant will be a priority for Lasso in the coming months. A pandemic resurgence would place downward pressure on economic growth and tax collection. Tax reforms will please international investors and support efforts to attract foreign direct investment to stimulate economic activity.


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