"The authors . . . illustrate the 'art of bossing'—techniques and methods used by such figures to climb to power and maintain their sovereignty." —A. Y. Lee, Choice"Mafia" has become an indigenous South Asian term. Like Italian mobsters, the South Asian "gangster politicians" are known for inflicting brutal violence while simultaneously upholding vigilante justice—inspiring fear and fantasy. But the term also refers to the diffuse spheres of crime, busines...

Microcredit programmes, long considered efficient development tools, now face unprecedented crises in a number of countries. Is this the end of microcredit or rather an essential step in its expansion? Should we stop microcredit altogether or rethink the way it is implemented?Drawing on extensive empirical research conducted in various parts of the world - from Morocco to Senegal to India - this important volume examines the whole chain of microcredit to provide the answers to thes...

"Mafia" has become an indigenous South Asian term. Like Italian mobsters, the South Asian "gangster politicians" are known for inflicting brutal violence while simultaneously upholding vigilante justice—inspiring fear and fantasy. But the term also refers to the diffuse spheres of crime, business, and politics operating within a shadow world that is popularly referred to as the rule of the mafia, or "Mafia Raj."Through intimate stories of the lives of powerful and aspiring bosses i...

Imperial Canada Inc. sets out to ask a simple question: why is Canada home to more than 70% of the world’s mining companies?Created by the British North America Act of 1867, Canada, rather than turning away from its colonial past, actively embraced, appropriated, and perpetuated the imperial ambitions of its mother country. Two years later, it took possession of Rupert’s Land—all of the land draining into Hudson Bay—and the North West Territories from the Hudson’s Bay Comp...

Since its emergence in the 1970s, microfinance has risen to become one of the most high-profile policies to address poverty in developing and transition countries. It is beloved of rock stars, movie stars, royalty, high-profile politicians and 'troubleshooting' economists.In this provocative and controversial analysis, Milford Bateman reveals that microfinance doesn't actually work. In fact, the case for it has been largely built on hype, on egregious half-truths and – latterly – o...

Confronted with the major crisis that struck the world economy at the end of the first decade of the twenty-first century, analysts, researchers, and political leaders studied past experiences to avoid repeating errors of diagnosis, recommendation, or action. The disastrous experience of the Great Depression of the 1930’s, which caused social misery, massive unemployment, protectionism, forms of nationalism, and led to a world war whose devastating effects were pushed to an extreme, remain...

The wave of liberalization that swept world markets in the 1980s and 90s altered the ways that governments manage their economies. Reinventing State Capitalism analyzes the rise of new species of state capitalism in which governments interact with private investors either as majority or minority shareholders in publicly-traded corporations or as financial backers of purely private firms (the so-called “national champions”). Focusing on a detailed quantitative assessment of Brazil’...

Since the early 1990s, most developing economies have become more integrated with the world's economy. Trade and foreign investment barriers have been progressively lifted and international trade agreements signed. These reforms have led to important changes in the structures of these economies. The labor markets have adjusted to these major changes, and workers were required to adapt to them in one way or another.In 2006, the Social Protection Unit of the World Bank launched an important res...

In an environment in which growth and employment prospects in many countries remain subdued and a number of high-profile corruption cases have fueled moral outrage, and amid a growing consensus that corruption can seriously undermine a country’s ability to deliver inclusive economic growth in a number of different areas, addressing corruption globally—in both developed and developing countries—has become increasingly urgent. When corruption impairs government functions, it can adversely affec...

This volume brings together many of the leading international figures in development studies, such as Jose Antonio Ocampo, Paul Krugman, Dani Rodrik, Joseph Stiglitz, Daniel Cohen, Olivier Blanchard, Deepak Nayyar and John Williamson to reconsider and propose alternative development policies to the Washington Consensus. Covering a wide range of issues from macro-stabilization to trade and the future of global governance, this important volume makes a real contribution to this important and...

The formal launch of the Sustainable Development Goals (SDGs) sets the global development agenda through 2030, placing significant emphasis on promoting social and environmental sustainability alongside economic growth and poverty reduction. Meeting the SDGs will require actions across a wide range of areas by both national governments and the international community. This paper examines the types of policies that developing countries will need to implement to foster economic transformation, ...