04847oam 2200529 450 991057869120332120231030225055.09783030975975(electronic bk.)3030975975(electronic bk.)97830309759683030975967(MiAaPQ)EBC7018966(Au-PeEL)EBL7018966(CKB)23899479200041EBL7018966(AU-PeEL)EBL7018966(EXLCZ)992389947920004120221223d2022 uy 0engurcv#---auuuutxtrdacontentcrdamediacrrdacarrierThe time-travelling economist why education, electricity and fertility are key to escaping poverty /Charlie RobertsonCham, Switzerland :Palgrave Macmillan,[2022]©20221 online resource (xxxiv, 274 pages) illustrations (black and white)Description based upon print version of record.Print version: Robertson, Charlie The Time-Travelling Economist Cham : Springer International Publishing AG,c2022 9783030975968 Includes bibliographical references and index.Intro -- Acknowledgements -- Contents -- List of Figures -- List of Tables -- Introduction -- Education: No Take Off Without Adult Literacy -- Changes with Education: Purpose and Speed -- Conclusion from 120 Years of Data -- Post-script -- Electricity: Power to the People -- Best Snippet on Electricity: From Prehistoric Fires to LED Lights10 -- Electricity: The Key Table and Graph -- Where Is the World Today in Terms of kWh Electricity Consumption? -- The Power Challenge in Africa -- Asia's Success: Driven by Power -- Power to the People or Just for Businesses? -- Climate Change and the Plunging Cost of Electricity -- Conclusion -- Sex and Money: How Many Babies Are Too Many? -- 3.1 The (Nairobi) Debate About Demographics and Savings -- 3.2 How Many Babies Are Too Many? More than 3.0 -- 3.3 Bank Deposits and Interest Rates -- 3.4 Real Interest Rates and Bank Deposits -- 3.5 Mobile Money and Micro-finance to the Rescue? -- 3.6 How to Fund Investment When Local Savings Are Low -- 3.7 How to Reduce the Fertility Rate? -- 3.7.1 What Can a Government Do? -- 3.8 But Aren't Large Populations a Good Thing? -- 3.8.1 The Protestant Work Ethic Versus Catholicism and Fertility -- 3.9 Conclusion -- Debt: A Debt Crisis Is Probably Unavoidable in a Bid to Create Jobs -- It's Clear Who Wants to Borrow, but Who Wants to Lend? -- So What Will Governments in Low-Income Countries Do? -- So, It's All Good? Probably Not -- Who Should We Be More Optimistic About? -- Currencies and Debt Default -- How Bad Is Default? -- Conclusions -- Demographics and Growth: Who Booms, When? -- Africa and Low-Income Countries -- Looking Ahead -- Africa by 2070 -- Asia and Latin America in 2070 -- Conclusions -- What the Future Holds: Democracy, Corruption, ESG and Emigration -- When Will Democracy Become More Secure?; Emigration: Why Successful Development Will See More Migration, Not Less -- Conclusion -- Conclusion -- Glossary -- Bibliography -- Essays/Compilation of Essays -- Books -- Index.This insightful and original book explores the key issues that countries in Africa and South Asia need to address in order to escape poverty. Challenging traditional assumptions about the worlds poorest countries, the top priorities to address are identified as adult literacy, electricity for manufacturing, and the consequence of the relationship between fertility and savings. These suggestions are placed within a historical perspective, placing discussions on modern day Africa and South Asia alongside the development of East Asia, Europe, and the Americas in previous generations and centuries. The Time-Travelling Economist aims to move conversations about development beyond the resource curse or private sector failings, with a fresh focus on the policies that governments can embark on independently and affordably that will transform their future. It will be of interest to anyone interested in the future of the worlds low income countriesElectrificationDeveloping countriesFertility, HumanDeveloping countriesFunctional literacyDeveloping countriesDeveloping countriesEconomic conditions21st centuryElectrificationFertility, HumanFunctional literacy843.7Robertson Charlie1243000MiAaPQMiAaPQMiAaPQ9910578691203321The Time-Travelling Economist2883293UNINA