Download and Read books BRICS or Bust? online PDF, TXT, ePub, PDB, RTF, FB2 & Audio Books files for your device. So, you can read the books in any times.

BRICS or Bust?

BRICS or Bust?
Title:BRICS or Bust?
Format Type:eBook PDF / e-Pub
Author:
Date release:
Size:1.29 MiB
Category:Economics, Books, Business & Personal Finance, Politics & Current Events, Public Administration, Foreign Policy & International Relations
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. BRICS or Bust? is a short, incisive read that underscores the need for demand-driven growth and why it has yet to be achieved.
Comments
  • A Court of Silver Flames
  • The Four Agreements
  • Summer Crossing
  • Love with a Perfect Cowboy
  • Angel with Two Faces
  • The Invitation
  • The Escape Room
  • Start with Why
  • Walk in My Combat Boots
  • The Lost Vintage
  • To Sir Phillip, With Love
  • How to Avoid a Climate Disaster
  • First Comes Like
  • His Dirty Promises
  • The Blood King
  • It Ends with Us
  • Wrapped in Love
  • It's In His Kiss
  • Atonement
  • The Risk
  • Dirty, Reckless Love
  • The Crown of Gilded Bones
  • The Billionaire Secret
  • Dawn