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Ian Goldin - The Pursuit of Development: Economic Growth, Social Change and Ideas

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Ian Goldin The Pursuit of Development: Economic Growth, Social Change and Ideas
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What do we mean by development? How can citizens, governments and the international community foster development?The process by which nations escape poverty and achieve economic and social progress has been the subject of extensive examination for hundreds of years. The notion of development itself has evolved from an original preoccupation with incomes and economic growth to a much broader understanding of development.In his new book, Ian Goldin considers the contributions that education, health, gender, equity and other dimensions of human well-being make to development, and discusses why it is also necessary to take into account the role of institutions and the rule of law as well as sustainability and environmental concerns.

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The Pursuit of Development Previous Books by Ian Goldin Age of Discovery - photo 1
The Pursuit of Development

Previous Books by Ian Goldin

Age of Discovery: Navigating the Risks and Rewards of Our New Renaissance

The Butterfly Defect: How Globalization Creates Systemic Risks, and What to Do about It

Is the Planet Full?

Divided Nations: Why Global Governance Is Failing, and What We Can Do about It

Exceptional People: How Migration Shaped our World and Will Define our Future

Globalization for Development: Meeting New Challenges

The Case for Aid

The Economics of Sustainable Development

Economic Reform, Trade and Agricultural Development

Modelling Economy-wide Reforms

Trade Liberalization: Global Economic Implications

Open Economies

The Future of Agriculture

Economic Crisis: Lessons from Brazil

Making Race: The Economics and Politics of Identity

Praise for The Pursuit of Development

Ian Goldin has been in the engine room of policy and action in South Africa, a leading figure in the World Bank and at the head of one of the worlds most important research institutions in Oxford. This important book reflects the richness of his experience and scholarship. It shows how development can be fostered as well as the vulnerabilities, complexities and risks. It is succinct, wise, well-informed, broad ranging and deep. It is also very accessible and admirable in its brevity. A splendid achievement.

Lord Nicholas Stern, President of the British Academy, and IG Patel Professor of Economics and Government, London School of Economics.

I strongly recommend Ian Goldins excellent booka must read for anyone interested in development. He shows why some people and some countries stay poor while others get rich. This highly accessible book identifies what development means, why it matters and what we can all do to improve our world.

Sir Suma Chakrabarti, President of the European Bank for Reconstruction and Development and former Permanent Secretary of the United Kingdom Department of International Development and of the Ministry of Justice.

The Pursuit of Development by Ian Goldin could not have come at a better time. The adoption of Sustainable Development Goals puts a high premium on our understanding of how development happens at a time when the global economic landscape is undergoing seismic changes. The rigour of analysis and the broad approach to the evolution of thinking beyond the narrow economic approach over time is one which will greatly benefit the younger generation students of development. I highly recommend this primer.

Donald Kaberuka, President of the African Development Bank (2005 to 2015) and formerly Minister of Finance, Rwanda.

Every citizen should be a champion of, and contributor to, sustainable development. Ian Goldins book is a great starting point for understanding our current sustainable development challenges and future possibilities, including the end of poverty in our time. The book offers a succinct, highly readable, and reasoned introduction to the debates and the data, from the vantage point of a world-leading development thinker and practitioner.

Jeffrey D. Sachs, Special Advisor to the UN Secretary-General on the Sustainable Development Goals and author of The Age of Sustainable Development.

Anyone interested in development should read The Pursuit of Development. Development remains the greatest challenge for humanity. Drawing on his remarkable experience, Ian Goldin looks both back and forward to address the remaining old and the many emerging challenges, including rising inequality and climate change. I strongly recommend this immensely readable, timely and vitally important book.

Kumi Naidoo, International Executive Director, Greenpeace and former Secretary General, Civicus.

Ian Goldin looks at the complexities of development in our interconnected world, and does what so few do. Joining up the dots, he looks beyond the narrowly economic, and beyond Governments to people. He considers the important role played by social movements and by those in a broad range of organisations. He tells us that we all have a part to play if only we continue learning. A must read.

Baroness Valerie Amos, Former UN Under-Secretary-General for Humanitarian and Emergency Relief, Director of SOAS, University of London.

The Pursuit of Development Economic Growth Social Change and Ideas - image 2

Great Clarendon Street, Oxford, OX2 6DP, United Kingdom

Oxford University Press is a department of the University of Oxford. It furthers the University's objective of excellence in research, scholarship, and education by publishing worldwide. Oxford is a registered trade mark of Oxford University Press in the UK and in certain other countries

Ian Goldin 2016

The moral rights of the author have been asserted

First Edition published in 2016

Impression: 1

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, without the prior permission in writing of Oxford University Press, or as expressly permitted by law, by licence or under terms agreed with the appropriate reprographics rights organization. Enquiries concerning reproduction outside the scope of the above should be sent to the Rights Department, Oxford University Press, at the address above

You must not circulate this work in any other form and you must impose this same condition on any acquirer

Published in the United States of America by Oxford University Press 198 Madison Avenue, New York, NY 10016, United States of America

British Library Cataloguing in Publication Data

Data available

Library of Congress Control Number: 2015956178

ISBN 9780198778035

ebook ISBN 9780191083860

Printed in Great Britain by Clays Ltd, St Ives plc

Links to third party websites are provided by Oxford in good faith and for information only. Oxford disclaims any responsibility for the materials contained in any third party website referenced in this work.

To the memory of my mother

Who taught me to look and learn

Contents

How individuals and societies develop over time is a key question for global citizens. Development motivates and intrigues me. I have worked in and with developing countries for my entire career and it has been a privilege to be asked by Oxford University Press to distil my experience into this short volume.

I have trained and worked as an economist and so my perspective is largely informed by the economic literature and my engagement in economic policy. As a Vice President and the Director of Development Policy for the World Bank Group, Head of Programmes at the Organisation for Economic Co-operation and Development (OECD) Development Centre, and principal economist at the European Bank of Reconstruction and Development (EBRD), as well as in my role as Chief Executive of the Development Bank of Southern Africa (DBSA) and advisor to President Mandela, and more recently as the Senior Independent Director of the United Kingdom Governments aid agency CDC, I have drawn on the wisdom of numerous scholars, policymakers, and members of the development community. Principal among them has been Nick Stern, who has informed my understanding of the role of ideas. Having represented both developing country and global institutions at different stages of my career I have learnt that the position one sits in necessarily informs ones views. In practice however, every circumstance is different and there is no theory or lesson that may be replicated everywhere.

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