Browsing by Subject "Development strategy"
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Item Open Access Capital maintenance as a key development tool(Wiley-Blackwell Publishing Ltd., 2010) Boucekkine, R.; Martinez, B.; Saglam, C.We construct optimal growth models where labor resources can be allocated either to production, technology adoption or capital maintenance. We first characterize the balanced growth paths of a benchmark model without maintenance. Then we introduce maintenance activity via the depreciation rate of capital. We characterize the optimal allocation of labor across the three activities. Although maintenance deepens the technological gap by diverting labor resources from adoption, we show that it generally increases the long run output level. Moreover, we find that equilibrium maintenance and adoption efforts respond in opposite directions to policy or technology shocks. Finally, we find that the long-term output response to policy shocks is slightly higher in the presence of maintenance. © 2010 The Authors. Scottish Journal of Political Economy © 2010 Scottish Economic Society.Item Open Access Is this the end of economic development?(Elsevier BV, 2000) Adelman, I.; Yeldan, E.The paper reviews the policies and institutions used by governments that have successfully promoted economic development. It examines which policy instruments countries can still wield in the current global trading and financial regimes. It concludes that the openness and nature of short-term financial markets eliminate state use of interest and exchange rate policies while GATT/WHO eliminate trade and commercial policy. As a result, developing countries are severely limited in the means they can employ to promote development. We conclude by suggesting four reforms to increase state autonomy and lessen the frequency and severity of financial crises. (C) 2000 Elsevier Science B.V. All rights reserved.Item Open Access Rethinking social inclusivity: Design strategies for cities(ICE Publishing, 2011) Afacan, Yasemin; Afacan, S. O.Cities have become more fragmented due to the increasing urbanisation of many parts of the world. There is more inequality and a growing complexity of social life in cities that leads to social exclusion and increasing social differentiation. This study approaches social inclusivity within the context of universal urban design and defines it as a vehicle for promoting human wellbeing, environmental wholeness and principles of participatory democracy. Mat urbanism - an urban form concept that is more organic and fluid than other urban forms and models - is proposed, alongside a universal design approach, to achieve the goals of sustainable communities and enhance quality of life. The relationship of mat urbanism to the features of high-quality environments and sustainable developments is questioned and illustrated with simple diagrams. The paper concludes with the importance of universally designed sets of regulatory practices regarding sustainable architecture and urban development - from individual buildings to the district and city-scale level. The contribution of this study is not only to explore the potentials of Smithson's configurations theoretically but also to open new means through which towns and cities can be planned in the future in order to promote social inclusivity, environmental responsiveness, sustainability and universal urban design.