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Originally published in 1970, this classic study has been recognized for its groundbreaking role in integrating economics and ethics, and for its influence in opening up new areas of research in social choice, including aggregative assessment. It has also had a large influence on international organizations, including the United Nations, notably in its work on human development. The book showed that the “impossibility theorems” in social choice theory—led by the pioneering work of Kenneth Arrow—do not negate the possibility of reasoned and democratic social choice. Sen’s ideas about social choice, welfare economics, inequality, poverty, and human rights have continued to evolve since the book’s first appearance. This expanded edition preserves the text of the original while presenting eleven new chapters of fresh arguments and results. “Expanding on the early work of Condorcet, Pareto, Arrow, and others, Sen provides rigorous mathematical argumentation on the merits of voting mechanisms...For those with graduate training, it will serve as a frequently consulted reference and a necessity on one’s book shelf.” —J. F. O’Connell, Choice
First published in 1999, this volume is written by seasoned public choice scholars and is intended to make a significant contribution to the debate on peaceful coexistence and sustainable development in developing countries. The book contains a rich mixture of analytical ideas and views on collective choice and macroeconomic performance in developing countries. This book breaks new ground in that it is the first comprehensive application of the theory of public choice to collective decision making in developing societies. It provides both students of Third World studies and policy makers in developing societies an in-depth analysis for institutions for collective choice. For countries undergoing major reform of their political and economic institutions, public choice theory can provide significant and useful insights, and help these societies design and adopt institutional arrangements that enhance peaceful coexistence of groups, the creation of wealth and sustainable development. Specifically, the book successfully shows that: (1) the application of economic theory to the study of public policy in the developing countries can provide important insights into collective decision-making; (2) the application of public choice theory to the study of developing societies can significantly improve the efficiency of bureaucratic and governmental systems, and consequently, promote economic, political and social development; and (3) public choice can help developing societies design and sustain effective laws and institutions for peaceful coexistence of groups and achieve sustainable development.
First published in 1999, this volume is written by seasoned public choice scholars and is intended to make a significant contribution to the debate on peaceful coexistence and sustainable development in developing countries. The book contains a rich mixture of analytical ideas and views on collective choice and macroeconomic performance in developing countries. This book breaks new ground in that it is the first comprehensive application of the theory of public choice to collective decision making in developing societies. It provides both students of Third World studies and policy makers in developing societies an in-depth analysis for institutions for collective choice. For countries undergoing major reform of their political and economic institutions, public choice theory can provide significant and useful insights, and help these societies design and adopt institutional arrangements that enhance peaceful coexistence of groups, the creation of wealth and sustainable development. Specifically, the book successfully shows that: (1) the application of economic theory to the study of public policy in the developing countries can provide important insights into collective decision-making; (2) the application of public choice theory to the study of developing societies can significantly improve the efficiency of bureaucratic and governmental systems, and consequently, promote economic, political and social development; and (3) public choice can help developing societies design and sustain effective laws and institutions for peaceful coexistence of groups and achieve sustainable development. book successfully shows that: (1) the application of economic theory to the study of public policy in the developing countries can provide important insights into collective decision-making; (2) the application of public choice theory to the study of developing societies can significantly improve the efficiency of bureaucratic and governmental systems, and consequently, promote economic, political and social development; and (3) public choice can help developing societies design and sustain effective laws and institutions for peaceful coexistence of groups and achieve sustainable development.
Tackles one of the most enduring and contentious issues of positive political economy: common pool resource management.
A significant contribution to the debate on poverty alleviation in Africa, Professor Mbaku offers practical policies for economic growth. He argues that the most important contributor to poverty and deprivation in Africa is the absense of institutional structures that enhance indigenous entrepreneurship and wealth creation. He explains that these are so vital that living standards will continue to deteriorate unless these building blocks are put in place.
This title was first published in 2001. Written by an outstanding international group of researchers focusing on ethnic conflict, this refreshing analysis provides practical and effective policy options for the people of the Third World.
Using a variety of tools from various disciplines, Sustainable Development in Africa examines factors limiting sustainable development in Africa. Among the recommendations made to remedy the situation is the call for a more holistic approach to the problem, resolving the urban crisis that is central to African economic recovery and to develop a new security system that transcends the narrow military focus security.
A leading political economist advances a new theory to explain the postwar shifts in the relative economic fortunes and positions of various nations and regions.
Development analysts often focus on the role of “the state” in making the right rules by which to govern society, assuming that governance is exclusively or mainly the work of the central government authority. The reality in many developing countries, particularly those with weak central government authorities, is that governance happens through diverse rules and in many centers of decision-making, in ways that are formal and informal, official and unofficial. This real-world polycentricity can be dysfunctional or productive, depending in part on shared understandings between decision-making entities about how to relate to each other. Those shared understandings come from cultural backgrounds, historical interactions, and other sources. Political economist Anas Malik argues that well-functioning polycentricity in developing countries depends in part on the shared understandings between official government entities and unofficial units that provide collective choice in particular arenas. In Muslim-majority contexts, the Islamic tradition – contrary to the image of a top-down, single-voiced religious law- provides ample resources supporting shared understandings that accommodate diverse rules and collective choice units. Pakistan, the largest Muslim-majority country at its founding, provides an important case. After building on the development literature to suggest a typology of collective choice units in developing countries, Malik explores resources in the Islamic tradition that support polycentric governance. The book then examines major deliberations in Pakistan’s history, particularly through documented inquiries into serious political crises such as sectarian religious agitation and civil war, and through a selective survey of types of jurisdictions and collective choice units. Malik argues that there are significant polycentric understandings in Pakistan’s historical lineage, but that these are heavily contested. While there is potential for polycentric development in Pakistan, the viability of polycentric order is constrained by countering forces and contextual factors.
Through a collection of unique case studies and theoretical analyses, this work examines the genesis and impact of decentralization reforms in developing and transition countries. In particular, the volume shows how decentralization affects governance and efficiency in the provision of public goods and under what conditions decentralization seems to deliver its theoretical benefits. Analyses in the book address current concerns about the interaction of decentralization with social and political structure, resource mobilization, public goods provision and corruption. This work will be invaluable to scholars of politics, development studies and regional studies.