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Category: Misc  BRICS or Bust?: Escaping the Middle-Income Trap free ebook download

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Author(s): Hartmut Elsenhans Date: 2024 Format: pdf Language: English ISBN/ASIN: 080479989X   Pages: 128 OCR: Quality: ISBN13:   Uploader: maveriks Upload Date: 10/9/2023 4:02:37 AM       To download click on link in the Links Table below                                                                        Description: Click to see full description Once among the fastest developing economies, growth has slowed or stalled in Brazil, Russia, India, China, and South Africa. What policies can governments enact to jump-start the rise of these middle-income countries? Hartmut Elsenhans and Salvatore Babones argue that economic catch-up requires investment in the productivity of ordinary citizens. Diverging from the popular narrative of increased liberalization, this book argues specifically for direct government investment in human infrastructure policies that increase wages and the bargaining power of labor and the strategic use of exchange rates to encourage export-led growth. These measures raise up the majority and finance future productivity by driving broader consumption and fostering investment within national borders. Though strategies like full employment, mass education, and progressive taxation are not especially controversial, none of the BRICS have truly embraced them. Examining barriers to implementation, Elsenhans and Babones find that the main obstacle to such reforms is an absence of political will, stemming from closely guarded elite privilege under the current laws. Read more Links Table     Title Link Password Size (MB) Thank to Inform Admin 3205689 Book https://rapidgator.net/file/1b04b14905ab...   0.00 maveriks Tags: BRICS Bust Escaping Middle-Income Trap Title Link Password Size Reason Dead link New format   Those who downloaded this book also downloaded the following books: Comments New comment:

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