Development Economics as Taught in Developing Countries

McKenzie, David; Paffhausen, Anna Luisa

doi:10.1596/1813-9450-7521

Cited by 4 publications

(3 citation statements)

References 8 publications

(10 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This could be because higher education institutions in Vietnam are highly dependent on imported textbooks. McKenzie and Paffhausen (2015) point out that economic degrees in developing countries are heavily reliant on US-produced textbooks. This is also the case for accounting education, whereby American accounting textbooks are widely used in many countries such as Indonesia, Libya and New Zealand (Maatoug, 2014; Wells, 2018; Irsyadillah, 2019).…”

Section: Literature Reviewmentioning

confidence: 99%

An institutional perspective on the selection and use of accounting textbooks: the case of universities in Indonesia

Irsyadillah

Bayou

2021

MEDAR

View full text Add to dashboard Cite

Purpose This study aims to investigate the selection and use of introductory financial accounting (IFA) textbooks in the context of achieving the objectives of accounting education to provide both discipline-specific skills and liberal education. Design/methodology/approach This paper adopts a qualitative research design to collect data through semi-structured interviews with 33 accounting educators across Indonesia. This study uses the institutional theory approach to explain how accounting textbooks are selected and used to meet the objectives of accounting education at universities. Findings The study provides evidence of the adoption of a systematic procedure for the selection of recommended IFA textbooks. The selection was driven by the technical-regulatory objective of providing technical training. This objective also guides the use of the recommended textbooks. In a sense, accounting educators were more concerned about responding to institutional pressures of preparing accountants for work in the accounting industry rather than providing students with a liberal education that promotes critical thinking and problem-solving skills. Research limitations/implications This study focuses on the selection and use of IFA textbooks. Further research should examine the contents of various accounting textbooks and obtain feedback from the people involved in the publication of the textbooks. Originality/value The findings of this study have important implications for accounting educators. They can use these findings to improve their selection and use of accounting textbooks.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

An institutional perspective on the selection and use of accounting textbooks: the case of universities in Indonesia

Irsyadillah

Bayou

2021

MEDAR

View full text Add to dashboard Cite

show abstract

“…Worse, there has been little attention devoted to addressing 'glass ceilings' 1 that exist beyond the boardrooms and management hierarchies of Western corporations. Nowhere are such barriers more egregious than in developing economies where over half of all workers are self-employed as owner-entrepreneurs of small firms 2 -most of which fail to survive, let alone thrive (e.g., Anderson, Chandy, and Zia 2018;McKenzie and Paffhausen 2017). And for the female professionals in these economies, a persistent gender gap means business success and advancement are even more fleeting (e.g., Campos et al 2019).…”

Section: Introductionmentioning

confidence: 99%

Frontiers: Breaking the Glass Ceiling: Empowering Female Entrepreneurs Through Female Mentors

Germann,

Anderson,

Chintagunta

et al. 2024

Marketing Science

View full text Add to dashboard Cite

show abstract

“…The important role of exit has recently been raised by one of the World Bank's own senior economists, David McKenzie, who admitted that it is a common example of "distortion by omission" in the field of microfinance impact evaluations, even with regard to the so-called "gold standard" of impact evaluations, the Randomized Control Trial (RCT) methodology [63]. 18 Given that the German economy since 1945 has benefitted greatly from the huge build-up of its private foreign assets, which includes some investments in the microfinance sector in Cambodia, it is very likely that this development was not something that KfW would want highlighted in the report as a negative development.…”

mentioning

confidence: 99%

Land Titling and Microcredit in Cambodia: Examining the Reality of Hernando de Soto’s ‘Three Steps to Heaven’

Bateman

2024

Land

View full text Add to dashboard Cite

Starting with the work of Hernando de Soto in the 1980s, the role of land tenure soon attracted the attention of the international development community as a neoliberal-oriented theory of change rooted in the possession and use of private individual land titles by the poor. One of the central mechanisms proposed by de Soto was a three-step process that involves the poor (1) “securing” their tenure with land titles, (2) using their newly acquired land titles as collateral to leverage large amounts of microcredit to be used to establish a functioning microenterprise, and then (3) escaping from their poverty due to the jobs and income associated with founding and running a microenterprise. This paper explores what I call de Soto’s “three steps to heaven” theory of change, a concept that was taken on board with gusto by leading Western governments and virtually all of the main international development institutions, particularly the World Bank. I argue that Cambodia provides the ideal setting for evaluating de Soto’s concept because, since around 2020, it has possessed the largest microcredit sector in the world (on a per capita basis), thanks largely to the obligatory use of land titles as the collateral required to obtain microcredit. While the first two of de Soto’s “three steps to heaven” have been realized, the evidence shows that the assumptions related to step three have proved to be extremely problematic: the ubiquity of microcredit that was achieved since the early 2010s via steps one and two has not, in general, improved the lives and communities of Cambodia’s poor through accelerated microenterprise development. It appears, instead, to have contributed to deeper poverty, insecurity, vulnerability and inequality. I conclude that de Soto’s “three steps to heaven” theory reflects a fundamental misunderstanding of the real institutional drivers of sustainable local economic development and poverty reduction.

show abstract

Development Economics as Taught in Developing Countries

Cited by 4 publications

References 8 publications

An institutional perspective on the selection and use of accounting textbooks: the case of universities in Indonesia

An institutional perspective on the selection and use of accounting textbooks: the case of universities in Indonesia

Frontiers: Breaking the Glass Ceiling: Empowering Female Entrepreneurs Through Female Mentors

Land Titling and Microcredit in Cambodia: Examining the Reality of Hernando de Soto’s ‘Three Steps to Heaven’

Contact Info

Product

Resources

About