Unlocking economic development : the unlearning process of nations
"Despite the abundant literature about development policies and solutions, many developing countries continue to struggle with basic development issues. The author of this book argues that such a situation is due to the absence of an unlearning process that would aid in adjusting negative minds...
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| Main Author | |
|---|---|
| Format | Electronic eBook |
| Language | English |
| Published |
New York, NY :
Routledge,
2024.
|
| Edition | 1 edition. |
| Series | Routledge studies in development economics
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| Subjects | |
| Online Access | Full text |
| ISBN | 9781003465454 1003465455 9781040088272 1040088279 9781040088265 1040088260 9781032736877 9781032736907 |
| Physical Description | 1 online resource. |
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| Summary: | "Despite the abundant literature about development policies and solutions, many developing countries continue to struggle with basic development issues. The author of this book argues that such a situation is due to the absence of an unlearning process that would aid in adjusting negative mindsets and outdated mental models that hinder economic development. This book addresses development issues from the behavioral perspective, linking negative mindsets and behaviors to growth and development strategies and policies. It identifies six mindsets and actions that impede the economic development of underdeveloped nations. Then, it suggests solutions to upgrade the mindsets according to the plans and policies. Moreover, the book highlights the different concepts and phenomena in a straightforward way with simple figures to facilitate their understanding for people who do not necessarily have a background in business or economics. At the same time, it fully respects scientific standards in addressing the topics and themes under discussion. Each chapter identifies the state of mind needed to 'unlearn' with real examples and experiences and offers suggestions to undertake and accomplish the unlearning process. Based on real and clear-cut examples, the book presents the main beliefs and psychological mechanisms that lead to underperforming behaviors of customers, investors, entrepreneurs and policy makers. Thus, the main audience for the book is scholars, students and researchers in economics and development, as well as policymakers, wishing to attempt new approaches to counteract the boomerang effect"-- |
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| ISBN: | 9781003465454 1003465455 9781040088272 1040088279 9781040088265 1040088260 9781032736877 9781032736907 |
| Physical Description: | 1 online resource. |