Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times bestseller How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offers a groundbreaking solution for true and lasting change. Global poverty is one of the wor…
China's Economy: What Everyone Needs to Know® is a concise introduction to the most astonishing economic growth story of the last three decades. In the 1980s China was an impoverished backwater, struggling to escape the political turmoil and economic mismanagement of the Mao era. Today it is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half …
The world was not doing enough for sustainable development, even before the pandemic. The existing gap in financing for the achievement of the Sustainable Development Goals has been estimated at around $2.5 trillion.1 Growth in developing and emerging economies was, however, steadily reducing the number of people in extreme poverty. The recession caused by COVID-19 has reversed that process, al…
Whether this new project, along with its new and ambitious agenda, will in fact be any dif er ent from its forerunners or whether it will also end up using mass house construction and sedentarization to demonstrate devel-opment will become clear only in years to come. Statistics from 2020 and beyond will likely show that there are no longer any poor people—those with income below th…
This volume addresses the issue of how a country, which was incorporated intothe world economy as a periphery, could create a path of economic developmentand industrialization as the ‘emerging state’ in Asia and Africa. We offer historicaland contemporary case studies of development paths, as well as the internationalbackground under which a transition to the emerging state was successfully…
ccording to the statistics provided by Confederation of Danish Industries, 4 bil-lion people around the globe live on less than US$ 2 per day. The low-income market constitutes the majority of the consumers in the countries from Sub-Sa-haran Africa and Asia, and covers parts of Latin America, Eastern Europe and the Caribbean region. Despite the fact that 2.86 billion or 83 % of the Asian …
dia stands tall as a space power!” tweeted Prime Minister Narendra Modi just weeks before securing a second, spectac-ular landslide win in India’s general election in Spring 2019 by an even bigger margin than many had expected. Minutes earlier, he had announced in a rare televised speech that India had just succeeded in shooting down one of its own sate…
London’s economy is both very specialised - in highly productive, export-oriented service sectors such as finance and insurance and advanced professional services – but also big enough to accommodate large numbers of jobs in most of the key employment sectors. Exports from the specialised sectors are a key driver of London’s trade surplus with the rest of the world. At the same time, Lond…
One key field is economics, broadly defined. Governments, businesses, policy organizations, central banks, financial services firms, and economic consulting firms around the world routinely forecast major economic variables, such as gross domestic product (GDP), unemployment, consumption, investment, the price level, and interest rates. Governments use such forecasts to guide monetary and fisca…
The economy has grown rapidly, with real per capita income doubling in the 12 years to 2013. Human development has improved, marked by a significant decline in poverty and gains across a range of socioeconomic variables. The key sectors of the economy have gone from strength to strength, with Cambodia now the world’s 8th largest rice exporter and Asia’s 10th largest garment producer. The to…