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James A. Yunker Global Marshall Plan (Hardback) (UK IMPORT)
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Item specifics
- Condition
- Book Title
- Global Marshall Plan
- Publication Name
- Global Marshall Plan : Theory and Evidence
- Title
- Global Marshall Plan
- Subtitle
- Theory and Evidence
- Format
- Hardcover
- ISBN-10
- 0739192302
- EAN
- 9780739192306
- ISBN
- 9780739192306
- Publisher
- Lexington Books/Fortress Academic
- Genre
- Business & Finance
- Release Date
- 14/08/2014
- Release Year
- 2014
- Language
- English
- Country/Region of Manufacture
- US
- Item Height
- 229mm
- Item Length
- 9in
- Publication Year
- 2014
- Type
- Textbook
- Item Width
- 6in
- Number of Pages
- 198 Pages
About this product
Product Information
Today's foreign aid programs are small-scale because of the widespread belief that they are ineffective. This could be an example of a self-fulfilling prophecy: small scale virtually guarantees ineffectiveness. However, the pervasive contemporary pessimism regarding global economic inequality is most likely unfounded. The research described in this book suggests that a properly designed and sufficiently massive economic development assistance project--a Global Marshall Plan--could tremendously reduce the economic gap between the richest and poorest nations within a 50-year planning period. Enrichment of the poor nations would not entail impoverishment of the rich nations. The actual cost of the GMP program to the populations of the rich nations would be a very slight and virtually unnoticeable reduction in the rate of growth of their living standards. The model incorporates features suggested by the skeptical literature on foreign aid, and it is shown that if certain key parameter values are sufficiently adverse, the GMP would indeed be ineffective. However, extensive sensitivity analysis demonstrates that the optimistic benchmark results are robust against wide variations in the numerical values of most model parameters. The fundamental policy implication of this research is that only an actual real-world experiment with a Global Marshall Plan could reliably determine whether or not it would be successful.
Product Identifiers
Publisher
Lexington Books/Fortress Academic
ISBN-10
0739192302
ISBN-13
9780739192306
eBay Product ID (ePID)
201736398
Product Key Features
Publication Name
Global Marshall Plan : Theory and Evidence
Format
Hardcover
Language
English
Publication Year
2014
Type
Textbook
Number of Pages
198 Pages
Dimensions
Item Length
9in
Item Width
6in
Additional Product Features
Lc Classification Number
Hc60.Y86 2014
Reviews
The scale of world inequality--within, across, and between nations, genders, and other social groups--is staggering. Unchecked, its onward march harbors the kind of social and political instability few have yet to comprehend. Yet, in much the same way we have done when it comes to tackling the other great ills of our time--war, environmental catastrophe, human insecurity, health pandemics, among others--we have eschewed serious, imaginative, and innovative thinking about how to improve, in more than a marginal way, the lived experiences of much of the world's population. That we can no longer sit on our hands while Rome proverbially burns has been made clear by many. James Yunker is one of the very few brave enough to take world changing ideas seriously, explore their potential, examine their application, and show their capacity to make a dramatic difference to the world in which we live. Brave, passionate, compelling, Yunker's Global Marshall Plan: Theory and Evidence is essential reading for all., James Yunker's Global Marshall Plan: Theory and Evidence is an important book because the world urgently needs new ideas. The original Marshall Plan worked wonders in Europe after World War II. Although the global situation is different in many respects from the situation back then, a Global Marshall Plan is perhaps our best option for coping with global economic inequality, a problem which the world community has thus far failed to address effectively. Based on a rigorous theoretical and empirical analysis, Yunker makes a convincing case for trying out that option., The scale of world inequality--within, across, and between nations, genders, and other social groups--is staggering. Unchecked, its onward march harbors the kind of social and political instability few have yet to comprehend. Yet, in much the same way we have done when it comes to tackling the other great ills of our time--war, environmental catastrophe, human insecurity, health pandemics, among others--we have eschewed serious, imaginative, and innovative thinking about how to improve, in more than a marginal way, the lived experiences of much of the world's population. That we can no longer sit on our hands while Rome proverbially burns has been made clear by many. James Yunker is one of the very few brave enough to take world changing ideas seriously, explore their potential, examine their application, and show their capacity to make a dramatic difference to the world in which we live. Brave, passionate, compelling, Yunker's Global Marshall Plan: Theory and Evidence is essential reading for all.
Table of Content
Contents 1. Global Economic Inequality 1 Is It a Problem? 5 Outline of the Study 20 2. Foreign Aid: History and Evaluation 34 Six Decades of Foreign Aid 38 Research on Foreign Aid 51 Viewpoints on Foreign Aid 59 GMP Aspirations 66 3. A Global Marshall Plan Model 77 Theoretical Specification 80 Numerical Implementation 87 Validation of the Model 97 Appendix: Nations in the World Bank Dataset 105 4. Application of the GMP Model 110 Benchmark Policy Simulation 113 Burden of the GMP 125 Sensitivity Analysis 130 5. Summary and Conclusion 140 Evaluating the Research 145 The Implementation Issue 160 Why a GMP? 163 Notes 171 Index 186
Copyright Date
2014
Target Audience
Scholarly & Professional
Topic
Sociology / General, Globalization, Economics / Macroeconomics, Economics / General, Public Policy / Economic Policy, Economics / Theory
Lccn
2014-020489
Dewey Decimal
338.91
Dewey Edition
23
Illustrated
Yes
Genre
Business & Economics, Social Science, Political Science
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