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Full-Text Articles in Economic Policy
The Impact Of Government Policies On Urban Employment In Small Economies, Gary S. Fields
The Impact Of Government Policies On Urban Employment In Small Economies, Gary S. Fields
Gary S Fields
[Excerpt] Most of the policies intended to affect urban employment are not specifically employment policies nor are they specifically urban. Rather, the amount of urban employment, the composition of that employment, and the returns from it are determined by a whole host of policies. To review them all in a short paper is an impossible undertaking. The criterion by which I decided which policies to consider is policy-relevance, asking which set of policies is apt to have the largest impact on employment.
Africa's Economic Resurgence: Is It Possible?, Alka Jauhari
Africa's Economic Resurgence: Is It Possible?, Alka Jauhari
Political Science & Global Affairs Faculty Publications
Economic theory suggests that inequality between nations is caused by a failure to strike an optimal balance between capital, goods, and labor within a framework of appropriate rules and regulations. This leads to misallocation of a nation's resources - both capital and physical - resulting in distorted use and flow of capital and goods. Politics, regulation and policy-making lie at the heart of such "distortions" which come at a huge cost to societies. Due to these distorted flows, Africa was left behind in the race for economic development, as compared to the other regions of the world. Such distortions have …