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Elites and Economic Development

Released on 1977-09-01 by John Walton
Elites and Economic Development

Author: John Walton

Publisher: University of Texas Press

ISBN: 9780292720183

Category: Political Science

Page: 270

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This book is a detailed comparative analysis of development politics in four urban regions of Latin America, two in Mexico and two in Colombia. John Walton has based his studies on the assumption that the problems of economic growth are essentially political, that is, are problems of choice, decision-making, and the exercise of power. His fundamental purpose has been to discover how elites of different kinds are more and less successful in the promotion of economic development, which he defines as a process in the organization of a society leading not only to higher levels of efficient output but also to a more equitable distribution of benefits. At the time, the four cities compared were the second- and third-largest metropolitan areas in each country, Guadalajara and Monterrey in Mexico, Medellín and Cali in Colombia. This selection allows the author to pair, across countries, cases of early and large-scale industrialization (Monterrey and Medellín) with cases of more recent industrial growth in agricultural-commercial centers (Guadalajara and Cali). Walton presents historical introductions to each of the regions and integrates these with original fieldwork and interviews with more than three hundred members of the political and economic elites. The findings are extensive, but in general they demonstrate that where political and economic power is more broadly distributed, where elites are more open and accessible, and where organizational life is more active and coordinated, regions tend to develop qualitatively as well as quantitatively, showing increases both in productivity and in such benefits as public services, housing, education, and a more balanced distribution of income. If these characteristics are absent, regions may be industrialized but do not provide a broad sharing of the benefits. Walton places a good deal of emphasis on the role of foreign investments, demonstrating that the more penetrated regions are also the less developed. Finally, the results of these studies are used to evaluate and advance theories of underdevelopment and particularly of economic dependency.

Elites and Economic Development
Language: en
Pages: 270

Elites and Economic Development

Authors: John Walton
Categories: Political Science
Type: BOOK - Published: 2014-09-10 - Publisher: University of Texas Press

This book is a detailed comparative analysis of development politics in four urban regions of Latin America, two in Mexico and two in Colombia. John Walton has based his studies on the assumption that the problems of economic growth are essentially political, that is, are problems of choice, decision-making, and
The Role of Elites in Economic Development
Language: en
Pages:

The Role of Elites in Economic Development

Authors: the late Alice H. Amsden, Alisa DiCaprio, James A. Robinson
Categories: Business & Economics
Type: BOOK - Published: 2012-09-27 - Publisher: Oxford University Press

Elites have a disproportionate impact on development outcomes. While a country's endowments constitute the deep determinates of growth, the trajectory they follow is shaped by the actions of elites. But what factors affect whether elites use their influence for individual gain or national welfare? To what extent do they see
Financial Elites and European Banking
Language: en
Pages: 272

Financial Elites and European Banking

Authors: Youssef Cassis, Giuseppe Telesca
Categories: Business & Economics
Type: BOOK - Published: 2018-07-19 - Publisher: Oxford University Press

What role have the financial elites in European societies and markets played over time? What was their contribution to the recent financial collapse, and how does this compare to previous crises? How have financial elites adjusted to, or influenced, the evolution of the financial system's regulatory framework over time? Financial
Environmental Politics in Latin America
Language: en
Pages: 263

Environmental Politics in Latin America

Authors: Benedicte Bull, Mariel Cristina Aguilar-Stoen
Categories: Business & Economics
Type: BOOK - Published: 2014-11-13 - Publisher: Routledge

Since colonial times the position of the social, political and economic elites in Latin America has been intimately connected to their control over natural resources. Consequently, struggles to protect the environment from over-exploitation and contamination have been related to marginalized groups’ struggles against local, national and transnational elites. The recent
Business Elites and Urban Development
Language: en
Pages: 412

Business Elites and Urban Development

Authors: Scott Cummings
Categories: Social Science
Type: BOOK - Published: 1988-04-07 - Publisher: SUNY Press

Written in a non-technical, narrative style, this book is an invaluable resource for anyone concerned with current trends in urban development. During the Reagan era, responsibility for urban planning and development was transferred from government to private business. This private sector hegemony over urban development differs markedly from the liberal

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