Awarded the David A. Wells Prize 1963-64.

Awarded the David A. Wells Prize 1963-64.

IFC Lessons of Experience Paper No. 3. Describes the International Finance Corporation's (IFC's) 20 years of leasing experience in developing countries and assesses the developmental impact of leasing. The IFC has invested in leasing companies in more than half of the developing countries that have a leasing industry today.

The book, first published in 1977, contrasts new and older approaches to the history of transport and outlines a critical exposition of the methods used to quantify the contribution of railways to economic growth by means of counterfactual speculation and the measurement of social savings. The author also outlines and appraises an alternative measure of the impact of railways, namely the social rate of return on capital invested in railways. The final chapters are concerned with the effects on growth generated by the construction and diffusion of railways through expenditure on labour, capital goods and industrial inputs and through their effects on the integration of markets, and patterns of location.

This book is a student reader of the key topics in American economic history.

From the Revolution until the Panic of 1837 Americans accepted state intervention in the economy as a legitimate, even an essential, function of government. The Decline of Authority examines the transformation of New York State government between 1800 and 1860, a critical period during which governmental authority diminished as most state governments withdrew from interventionist economic policies and relinquished their role in the allocation of resources to the private sector. Exploring the relationship between socioeconomic change, public economic policy, and political development, L. Ray Gunn offers an innovative explanation for the new configuration of politics and governance in New York State that emerged during this era.

How has the United States government grown? What political and economic factors have given rise to its regulation of the economy? These eight case studies explore the late-nineteenth- and early twentieth-century origins of government intervention in the United States economy, focusing on the political influence of special interest groups in the development of economic regulation. The Regulated Economy examines how constituent groups emerged and demanded government action to solve perceived economic problems, such as exorbitant railroad and utility rates, bank failure, falling agricultural prices, the immigration of low-skilled workers, workplace injury, and the financing of government. The contributors look at how preexisting policies, institutions, and market structures shaped regulatory activity; the origins of regulatory movements at the state and local levels; the effects of consensus-building on the timing and content of legislation; and how well government policies reflect constituency interests. A wide-ranging historical view of the way interest group demands and political bargaining have influenced the growth of economic regulation in the United States, this book is important reading for economists, political scientists, and public policy experts.

Vigorous historical exploration has increased across the social sciences in the past two decades. Originally published as a series of articles in the journal Social Science History, the essays in this volume provide a guide to historical social science by surveying the use of historical data and methodologies in anthropology, sociology, political science, economics, and geography. Each essay in Engaging the Past pays close attention to the unique problems and methods associated with its particular social scientific discipline. By exploring questions raised by both contemporary and more established works within each field, the authors show that some of the best and most innovative research in each of the social sciences includes a strong historical component. Thus, as Eric H. Monkkonen's introduction shows, these essays taken together make it clear that historical research provides a significant key to many of the major issues in the social sciences. Intended for the growing community of both social scientists and historians interested in reading or researching historically informed social science, Engaging the Past suggests future directions that might be taken by this work. Above all, by providing a set of user's guides written by respected social scientists, it encourages future boundary crossings between history and each of the social sciences. Contributors. Andrew Abbott, Richard Dennis, Susan Kellog, Eric H. Monkkonen, David Brian Robertson, Hugh Rockoff

Why has Africa remained persistently poor over its recorded history? Has Africa always been poor? What has been the nature of Africa's poverty and how do we explain its origins? This volume takes a necessary interdisciplinary approach to these questions by bringing together perspectives from archaeology, linguistics, history, anthropology, political science, and economics. Several contributors note that Africa's development was at par with many areas of Europe in the first millennium of the Common Era. Why Africa fell behind is a key theme in this volume, with insights that should inform Africa's developmental strategies.

Revitalizing railways as a major sustainable transport mode in modern societies faces many issues and challenges. This in-depth overview places the importance of railways in the wider context of comprehensive sustainability, which encompasses sustainable development, social and economic equity and community livability. Some scholars have described the 21st century as a period of renaissance for railways and suggest this transport mode can fulfil people's desire for high mobility with low negative environmental, social, economic and financial impacts. In light of these new expectations for railways, in both passenger and freight transport worldwide, this book offers the latest research insights on the renewed interest about railway expansions and their wide-ranging environmental, socio-economic and even political implications.