scholarly journals Dependency and Underdevelopment: The Nepalese Context

1970 ◽  
Vol 11 ◽  
pp. 202-220
Author(s):  
Samira Luitel

The World Bank report (1991) mentioned that "Nepal is one of the world's poorest countries. It ranks 115th in per capita GNP out of 120 countries. With respect to life expectancy, it ranks 103rd out of 118 reporting countries. It is one of the constellations of countries characterized by rapid population increase, low or negative per capita GDP growth and a slow transition out of a subsistence agricultural economy. It exhibits many of the characteristics of similar sub-Saharan African economies, including a limited productive land base, a land-locked location, and a very low level of exports."   DOI: 10.3126/opsa.v11i0.3037 Occasional Papers in Sociology and Anthropology Vol.11 2009 202-220

2021 ◽  
Vol 69 (4. ksz.) ◽  
pp. 121-124
Author(s):  
Viktor Németh

The MIT Press Essential Knowledge series provides the reader with accessible, concise, yet interesting and completely up-to-date information. Each part was written by excellent experts on the subject, in a language understood by non-experts, too. In this way, the current research data and results in the field of each topic can be really used. Nowadays, it is not easy to find in the endless set of information obtainable on the World Wide Web those that essentially provide the fundamental knowledge on a particular topic. The MIT series fill a gap in this. The topic of the present volume of the series is the anticorruption, as a world phenomenon, its current development and situation. And the topicality of the current theme is perhaps duly justified by the following World Bank estimate: “Much of the globe is infected with corruption, sapping as much as 3 percent of annual per capita GDP in large swathes of Africa, Asia, and Latin America. Even North America is hardly immune. The World Bank says that $1 trillion or more is lost each year to corruption, globally.” (Rotberg, 2020).


Author(s):  
Leonid Basovskiy ◽  
Elena Basovskaya

To assess the state and the possibility of development of the economy, countries, regions, due to neglect of the basic principles of the methodology of economic science, without empirical justification, various systems of indicators and indicators are introduced. To assess the consistency of the World Bank Group's knowledge economy index system, a correlation analysis of data on the value of knowledge indices, institutions, innovations, education, ICT, GDP per capita and economic growth rates of countries of the world was carried out, and the corresponding econometric models were constructed. A close positive correlation has been established between the values of all five indices for the countries of the world, per capita GDP. The close relationship between the values of all indices and per capita GDP shows that, due to multicollenarity, it is impossible to assess the complex im-pact of indices on per capita GDP. Thus, the system of indices can be considered redun-dant, and the problem of the cause-and-effect relationship remains unresolved. In addition, the values of all five indices are associated with a significant negative correlation with the magnitude of the growth rates. The results obtained indicate that the system of indicators - indicators of the knowledge economy, proposed by the World Bank Group, is untenable and cannot be productively used to reasonably assess the possibility of economic develop-ment of a country or region.


1969 ◽  
Vol 5 (1) ◽  
Author(s):  
Andrew Kerandi

Poor governance is increasingly being cited as one of the most important factors contributing to poor economic performance in most developing countries. The World Bank has repeatedly argued that poor economic performance in most developing countries, particularly in Sub-Saharan Africa (SSA), is attributed to poor governance. The issue of governance was first raised in 1988 in the World Bank report evaluating ten years of structural adjustment lending experience. The report noted that “severe institutional and managerial weaknesses in the public and private sector have proved unexpectedly serious as constraints to better performance” (World Bank, 1988: 3). The issue of “good governance” was further amplified by the 1989 World Bank report on SSA when the crisis in the region was termed as a “crisis of governance” (World Bank, 1989). International financial institutions (IFIs) have since then focused on improving the effectiveness of public sector institutions and the performance of public policies. As observed by Naim (1999), the rediscovery of institution has become the key focus of IFIs in as far as reforms are concerned. Naim explains that “no speech or policy paper could be written about market reform without including a fashionable reference to the need to strengthen institutions” (Naim, 1999:12).


1988 ◽  
Vol 26 (3) ◽  
pp. 473-493 ◽  
Author(s):  
J. B. Knight

South Africa has neither a developed nor a typical underdeveloped economy. Too often it has been wrongly classified, along with, say, Australia and New Zealand, as one of the peripheral developed countries, because only a part of the economy and population have the characteristics we associate with that group. Yet its economy is distinctly different from others in sub-Saharan Africa. South Africa falls squarely into the category which the World Bank classifies as ‘upper middle-income’ developing economies, with G.N.P. per capita in 1982 ranging from $2,000 to $7,000 and averaging $2,500, thereby including South Africa, with $2,700.1 (By contrast, Kenya's G.N.P. per capita was $400 and Britain's $10,000). The World Bank's group includes Algeria, Argentina, Brazil, Chile, Mexico, South Korea, Venezuela, and Yugoslavia. South Africa shares many structural economic characteristics with these semi-industrialised countries.


2018 ◽  
Vol 14 (2) ◽  
pp. 115
Author(s):  
Samuel D. Barrows

The dynamics of the five fastest growing GDP per capita economies in Asia and the EU are studied between 2010 and 2014. This time frame was selected in order to avoid the height of the 2008-2009 financial crisis, but to include the stimulus and recovery periods which occurred afterward. The intent was not to compare the recoveries or the impact of the stimulus programs. The intent was to compare the economic growth rates of the two groups and also the absolute per capita income along with five topic areas on economies including: configuration, utilization, investments, demographics, and outcomes. A total of twenty measurements are used for assessment from the World Bank databank website. The findings are that the Asian economies grew faster while the EU economies had a higher per capita income. The workforces of the Asia economies are also younger and more flexible whereas the workforces of the EU economies are older, but more educated. Discussions include the links between effective governments and economic development and the links between democracy and economic levels.


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