Journal of Development Studies articles from June 1996

Journal of Development Studies archives from June 1996

The political foundations of economic development policies.
June 1, 1996... I. INTRODUCTION This article explores the value of political clientelism as an explanation of the origin of the failed inward-looking development strategies pursued by many Third World countries since the end of the Second World War. While the...

How dependent are the rural poor on the Employment Guarantee Scheme in India?
June 1, 1996... I. INTRODUCTION The Employment Guarantee Scheme (hereafter EGS) in the Indian state of Maharashtra is widely regarded as a most successful anti-poverty intervention. Available empirical evidence suggests that it is well targeted on the rural...

Political instability and savings in less developed countries: evidence from Sub-Saharan Africa.
June 1, 1996... I. INTRODUCTION This article uses time-series cross-national data and a simultaneous equation model to investigate the effects of political instability (PI) on aggregate savings rate in Sub-Saharan Africa. Economists emphasise the importance...

South African manufacturing industries - catching up or falling behind?
June 1, 1996... I. INTRODUCTION With sanctions lifted, as a signatory to the new GATT agreement and a member of SADC, South Africa is about to be reintegrated into the world economy. In the wake of these events, there is an ongoing debate on how to avoid a...

Demographic pressure, technological innovation and welfare: the case of the agriculture of Bangladesh.
June 1, 1996... I. INTRODUCTION When the high yield varieties (henceforth HYV) of cereal crops were first introduced into the agriculture of Bangladesh during the mid-1960s, they were hailed as a technological breakthrough that would bring revolutionary...

Financial market efficiency in an agrarian economy: microeconometric analysis of the Pakistani Punjab.
June 1, 1996... 1. INTRODUCTION The shadow price of working (or ex-ante) capital in production is a useful indicator of the efficacy of a rural financial system. A shadow price far in excess of the social opportunity cost of capital points toward weak...