Author(s):  
John Myles

Three challenges are highlighted in this chapter to the realization of the social investment strategy in our twenty-first-century world. The first such challenge—intertemporal politics—lies in the term ‘investment’, a willingness to forego some measure of current consumption in order to realize often uncertain gains in the future that would not occur otherwise, such as better schooling, employment, and wage outcomes for the next generation. Second, the conditions that enabled our post-war predecessors to invest heavily in future-oriented public goods—a sustained period of economic growth and historically exceptional tolerance for high levels of taxation—no longer obtain. Third, the millennial cohorts who will bear the costs of a new, post-industrial, investment strategy are more economically divided than earlier cohorts and face multiple demands raised by issues such as population aging and global warming, among others.


2011 ◽  
Vol 6 (1) ◽  
pp. 53-74 ◽  
Author(s):  
Michele Alacevich

AbstractAccording to most reconstructions of development debates, poverty and social issues were not part of the development agenda until the late 1960s. In contrast, this article shows that development practitioners and institutions were already addressing poverty and social issues in the late 1940s and early 1950s. However, economic multilateral organizations soon marginalized those inclusive views and focused exclusively on economic growth. This article discusses those early policy options and why they were marginalized. It argues that this happened for ideological reasons, specifically because of the ideological anti-New Deal post-war backlash and the adhesion of Western countries and multilateral organizations to what Charles Maier defined as the politics of productivity. This ideological backlash explains the rise and early demise of Keynesian ideas in international organizations, and, conversely, their stronger influence in developing countries, where the direct influence of the US and Bretton Woods organizations was somewhat mitigated.


Author(s):  
Jon Schubert

This chapter looks at the desires produced by Angola’s oil wealth and analyses the material and symbolic effects of the post-war economic boom on the lives of Luandans. It does so by exploring the often-cited emic notion of a ‘culture of immediatism’ to show how the dynamics of economic growth and the commodification of politics are perceived and utilized by the population. Contrary to popular interpretation the idea that regime critics are simply ‘co-opted’ falls short; instead, the chapter demonstrates how these processes are much more ambiguous, fluid and reciprocal, and represent avenues for agency and strategies for upward mobility, thereby complicating ideas of ‘corruption’ and balancing the standard ‘clientelist’ account of contemporary Angola


2019 ◽  
pp. 231-262
Author(s):  
Alan Bollard

1946 brought the Armistice and a new economic task: the focus of the economists had to move from the problems of wartime rationing and finance to a new world of economic reconstruction, post-war stabilization, economic growth, and debt reduction. In addition the Cold War brought a new tactic: strategic deterrence. In this year Japan commemorated the anniversary of the death of Takashi Korekiyo, H. H. Kung gathered his wealth and prepared to flee the Chinese Communist forces, Maynard Keynes helped establish the International Monetary Fund, only to die exhausted, and Hjalmar Schacht defended himself from accusations of Nazism and regained his freedom.


2020 ◽  
pp. 85-100
Author(s):  
Akizumi Tsutsumi

Since the end of World War II, the Japanese economy has experienced two types of ‘dual structure’ issues among occupational groups. The period before the war until 1950 consisted of large-scale companies stemming from zaibatsu (financial cliques) and indigenous domestic industries. The health disparities across occupational groups, often observed in the West, increased between the pre-war period and the 1950s but declined in the subsequent high economic growth period. The decline in health disparities was aided by economic democratization policies, active labour union functions, and post-war economic growth. Near-total employment was achieved, at least among male workers, in the late 1960s to early 1970s. Later, recession in the wake of the bursting bubble economy after 1991, and the subsequent economy-first policy, brought another dual structure: regular employees versus lower-paid ‘precarious’ employees. The latter group includes many women. Stressful working conditions including long working hours among specific occupational groups may cause unique patterns of health disparity among Japanese workers.


Author(s):  
Lyn Ragsdale ◽  
Jerrold G. Rusk

Abstract: The chapter considers nonvoting after World War II, a unique electoral period in American history with the lowest nonvoting rates of any period from 1920–2012. The post-war period also boasts the highest economic growth rate of any of the four periods, coupled with the early days of television which transformed politics in the 1950s. In general, economic growth and the introduction of television move nonvoting rates downward. The chapter also considers in detail the struggles leading to the Voting Rights Act of 1965 and the law’s impact on nonvoting rates among African Americans. It also uncovers that in the 1960s the Vietnam War increased nonvoting. The chapter begins an analysis of nonvoting at the individual level. The less individuals know about the campaign context and the less they form comparisons between the candidates, the more likely they will say home on Election Day.


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