The most intriguing question about Indonesia’s economic development during the twentieth century is why the country’s growth performance has been so erratic and displayed such a high degree of discontinuity. This is connected with the fundamental question about the nature of long-run economic development in Indonesia.
So far the economic historiography of Indonesia has been less systematic than what the available source material would permit. Indonesia is exceptionally well endowed with rich statistical sources, which carry the potential of supporting a rigorous and systematic quantitative approach to vital questions concerning the economic growth performance in the long run.
This book takes such an approach and presents new estimates for the long-run growth of the Indonesian service sector, and analyses the role of the various service sectors in economic development. Linking empirical and theoretical analysis in a creative fashion, Daan Marks provides a rich and original contribution to our understanding of the economic history of Indonesia. He shows that the service sector has played a crucial role in Indonesia’s economic development. Or in other words, to fully understand Indonesia’s economic development path sevices need to be accounted for.
Are Thomas Piketty’s analyses of inequality on target? Where should researchers go from here in exploring the ideas he pushed to the forefront of global conversation? In After Piketty, a cast of economists and other social scientists tackle these questions in dialogue with Piketty, in what is sure to be a much-debated book in its own right.
Why, despite decades of high levels of foreign aid, has development been so disappointing in most of Sub-Saharan Africa, leading to rising numbers of poor and fueling political instabilities? While not ignoring the culpability of Africans in these problems, Carol Lancaster finds that much of the responsibility is in the hands of the governments and international aid agencies that provide assistance to the region. The first examination of its kind, Aid to Africa investigates the impact of bureaucratic politics, special interest groups, and public opinion in aid-giving countries and agencies. She finds that aid agencies in Africa often misdiagnosed problems, had difficulty designing appropriate programs that addressed the local political environment, and failed to coordinate their efforts effectively.
This balanced but tough-minded analysis does not reject the potential usefulness of foreign aid but does offer recommendations for fundamental changes in how governments and multilateral aid agencies can operate more effectively.