BiblioVault - Books about Structural Adjustment

Capitalism Reconnected

Toward a Sustainable, Inclusive and Innovative Market Economy in Europe

Jan Peter Balkenende

Amsterdam University Press, 2024

Capitalism has gone astray. Today we face ecological exhaustion, persistent inequality, financialization, stress on communities, short-termism, and new power concentrations. An avalanche of new economic thinking and a reorientation of European values show the way toward a different economy. A new perspective is necessary if we want to implement the Sustainable Development Goals and if we consider our planet as ‘Our Common Home,’ for present and future generations. This book argues that European economies should be the initiators of a global transition toward a sustainable and inclusive world economy. Together, amid severe geopolitical and geoeconomic challenges, they need to develop their own perspective on what a good economy really is, in distinction to Chinese state capitalism and American big business capitalism. Crucially, this requires the rediscovery of key European values, a coherent view on responsible capitalism, and a new self-awareness as a global player for the Common Good in today’s and tomorrow’s world.

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Changing Uganda

Dilemmas of Structural Adjustment

Hölger Bernt Hansen

Ohio University Press, 1992

Yoweri Museveni battled to power in 1986. His government has impressed many observers as Uganda’s most innovative since it gained independence from Britain in 1962. The Economist recommended it as a model for other African states struggling to develop their resources in the best interests of their peoples.

But where was change to start? At the bottom in building resistance committees, or at the top in tough negotiations with the IMF? How was it to continue? Was it in the restructuring of the national army, in increasing respect for human rights, in the reform of education, in tackling AIDS, or in getting Ugandans to speak a common language? Was it in building more viable survival strategies for the poorest Ugandans or in restructuring the national constitution? The last five years have shown a radical approach to Uganda’s dilemmas.

Holger Bernt Hansen and Michael Twaddle previously edited Uganda Now. It was brought together at a significant moment just as President Museveni was gaining power in 1985-6. It was so much in demand that it even entered the magendo market on the streets of Kampala. The book, which is still in print, was described by The Canadian Journal of African Studies as ‘virtually a mini-encyclopedia of Uganda’ and by The African Studies Review as ‘the best overview of Uganda’s trauma in the last two decades.’

The editors have assembled another team of Ugandan and international scholars to review the dilemmas of introducing revolutionary changes in an African country deeply affected by structural adjustment plans which have been imposed from outside.

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The Economics of Adjustment and Growth

Second Edition

Pierre-Richard Agénor

Harvard University Press, 2004

This book provides a systematic and coherent framework for understanding the interactions between the micro and macro dimensions of economic adjustment policies; that is, it explores short-run macroeconomic management and structural adjustment policies aimed at promoting economic growth. It emphasizes the importance of structural microeconomic characteristics in the transmission of policy shocks and the response of the economy to adjustment policies. It has particular relevance to the economics of developing countries.

The book is directed to economists interested in an overview of the economics of reform; economists in international organizations, such as the UN, the IMF, and the World Bank, dealing with development; and economists in developing countries. It is also a text for advanced undergraduate students pursuing a degree in economic policy and management and students in political science and public policy.

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Mergers and Productivity

Edited by Steven N. Kaplan

University of Chicago Press, 2000

Mergers and Productivity offers probing analyses of high-profile mergers in a variety of industries. Focusing on specific acquisitions, it illustrates the remarkable range of contingencies involved in any merger attempt. The authors clearly establish each merger's presumed objectives and the potential costs and benefits of the acquisition, and place it within the context of the broader industry. Striking conclusions that emerge from these case studies are that merger and acquisition activities were associated with technological or regulatory shocks, and that a merger's success or failure was dependent upon the acquirer's thorough understanding of the target, its corporate culture, and its workforce and wage structures prior to acquisition.

Sifting through a wealth of carefully gathered evidence, these papers capture the richness, the complexity, and the economic intangibles inherent in contemporary merger activity in a way that large-scale studies of mergers cannot.

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