Book contents
- Out of Poverty
- Cambridge Studies in Economics, Choice, and Society
- Out of Poverty
- Copyright page
- Contents
- Figures
- Tables
- Acknowledgments
- Preface
- 1 Introduction
- 2 The Anti-Sweatshop Movement
- 3 The Economics of Sweatshop Wage Determination
- 4 Don’t Cry for Me Kathie Lee
- 5 Health, Safety, and Working Conditions Laws
- 6 The Rana Plaza Disaster and Its Aftermath
- 7 Save the Children?
- 8 Is It Ethical to Buy Sweatshop Products?
- 9 A History of Sweatshops, 1780–2019
- 10 The Process of Economic Development
- 11 What Good Can Activists Do?
- 12 Conclusion
- Bibliography
- Index
10 - The Process of Economic Development
Published online by Cambridge University Press: 02 January 2025
Book contents
- Out of Poverty
- Cambridge Studies in Economics, Choice, and Society
- Out of Poverty
- Copyright page
- Contents
- Figures
- Tables
- Acknowledgments
- Preface
- 1 Introduction
- 2 The Anti-Sweatshop Movement
- 3 The Economics of Sweatshop Wage Determination
- 4 Don’t Cry for Me Kathie Lee
- 5 Health, Safety, and Working Conditions Laws
- 6 The Rana Plaza Disaster and Its Aftermath
- 7 Save the Children?
- 8 Is It Ethical to Buy Sweatshop Products?
- 9 A History of Sweatshops, 1780–2019
- 10 The Process of Economic Development
- 11 What Good Can Activists Do?
- 12 Conclusion
- Bibliography
- Index
Summary
This chapter explains how the market process creates the right capital and technology to promote the process of development. It explains how an institutional environment of economic freedom best promotes the process of development and provides empirical evidence to support this view. It then reviews how economic freedom has evolved in countries that had sweatshops identified in the first edition of this book.
- Type
- Chapter
- Information
- Out of PovertySweatshops in the Global Economy, pp. 156 - 170Publisher: Cambridge University PressPrint publication year: 2025