{"title":"An Economic History of India: Growth, Income and Inequalities from the Mughals to the 21st Century by Bishnupriya Gupta, Cambridge, Cambridge University Press, 2025, xiv + 219 pp.","authors":"Tirthankar Roy","doi":"10.1111/deve.12447","DOIUrl":"https://doi.org/10.1111/deve.12447","url":null,"abstract":"","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":"63 4","pages":"362-363"},"PeriodicalIF":1.4,"publicationDate":"2025-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145487100","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Basel III Capital Requirements and Lending: The Case of the D-SIB Capital Buffer in Thailand","authors":"Attavit Prachakseranee","doi":"10.1111/deve.12444","DOIUrl":"https://doi.org/10.1111/deve.12444","url":null,"abstract":"<p>This study attempts to measure the endogeneity-prone effects of the implementation of the domestic systemically important bank (D-SIB) capital buffer in Thailand by creating a synthetic control for each D-SIB. The main findings suggest that the D-SIBs responded to the D-SIB capital buffer differently, depending on the relative size of the portfolios with higher risk weights. Specifically, the D-SIB with the highest proportion of business loans in its portfolio decreased lending growth more than the other two D-SIBs, whereas the D-SIB with the highest proportion of retail loans did not significantly decrease lending growth. In addition, the state-owned commercial bank behaved differently from other banks such that synthetic controls cannot be created to replicate the unique behavior. While this study finds no significant effects on capital and risk-weighted assets in the short run, it cannot rule out the possibility of the D-SIBs raising more capital in the longer run.</p>","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":"63 3","pages":"225-261"},"PeriodicalIF":1.4,"publicationDate":"2025-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144782818","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Coalitions Presidents Make: Presidential Power and Its Limits in Democratic Indonesia by Marcus Mietzner, Ithaca, NY, Cornell University Press, 2023, xvii + 285 pp.","authors":"Koichi Kawamura","doi":"10.1111/deve.12445","DOIUrl":"https://doi.org/10.1111/deve.12445","url":null,"abstract":"","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":"63 3","pages":"292-295"},"PeriodicalIF":1.4,"publicationDate":"2025-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144782281","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Minimum-Wage Effects, Compliance, and Firm Size in a Developing Economy: Evidence from Colombia","authors":"Gustavo A. García, Christian Posso, Salomé Arango","doi":"10.1111/deve.12443","DOIUrl":"https://doi.org/10.1111/deve.12443","url":null,"abstract":"<p>Minimum-wage legislation is a standard policy in most developing countries. Nonetheless, the consequences of increases in the minimum-wage are not conclusive. This paper examines the heterogeneous effects of minimum-wage, considering the imperfect enforcement of minimum-wage policy and different compliance levels across the firm sizes and types of workers, analyzing the Colombian case. Our identification strategy uses policy circumstances to set the minimum-wage associated with arbitrary decisions not explained by the fundamentals determining the minimum-wage. Using instrumental variable techniques, we show that a 10% increase in the minimum-wage reduces the employment rate by 1.27 percentage points and 0.70 percentage points in the proportion of hours worked. Consistent with a theoretical model of minimum-wage policy with imperfect competition and enforcement, the negative minimum-wage effect is larger in firms with higher levels of compliance—that is, medium- and large-sized firms, and within these, the unskilled workers are the most affected.</p>","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":"63 4","pages":"301-327"},"PeriodicalIF":1.4,"publicationDate":"2025-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145486691","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Transforming Poor Economies: Effective Development Strategies for Agriculture and Industry by Keijiro Otsuka, Cheltenham, Edward Elgar Publishing, 2024, x + 234 pp.","authors":"Yuko Nakano","doi":"10.1111/deve.12446","DOIUrl":"https://doi.org/10.1111/deve.12446","url":null,"abstract":"","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":"63 3","pages":"295-298"},"PeriodicalIF":1.4,"publicationDate":"2025-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144782558","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"ROLE OF MICRO-INNOVATION IN TECHNOLOGY ADOPTION: THE CASE OF SILK FILATURE IN JAPAN AND COLONIAL INDIA","authors":"Anirban Mukherjee, Subhasree Sarkar","doi":"10.1111/deve.12442","DOIUrl":"https://doi.org/10.1111/deve.12442","url":null,"abstract":"<p>In the 18th century, the East India Company introduced Italian filature technology to the silk-reeling industry in the Indian province of Bengal in order to produce silk suitable for the European market. The experiment failed in Bengal despite its superiority over the traditional method and eventually moved to Japan in the late 19th century, where it was successfully adopted. In this paper, drawing on the Japanese case, we examine the reasons behind filature's failure in Bengal. We focus on the role of micro-innovation in technology adoption and argue that in Bengal's case, the East India Company failed to provide incentive for such micro-innovation because of its dual status as the monopoly trader and de facto ruler of Bengal. On the other hand, the Japanese silk industry was characterized by competition, which played a key role in the successful technology adoption.</p>","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":"63 4","pages":"328-361"},"PeriodicalIF":1.4,"publicationDate":"2025-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145487062","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Made in China: When US-China Interests Converged to Transform Global Trade by Elizabeth O'Brien Ingleson, Cambridge, MA, Harvard University Press, 2024, x + 335 pp.","authors":"Wendy Leutert","doi":"10.1111/deve.12440","DOIUrl":"https://doi.org/10.1111/deve.12440","url":null,"abstract":"","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":"63 3","pages":"287-289"},"PeriodicalIF":1.4,"publicationDate":"2025-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144782948","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Birth of the Geopolitical Age: Global Frontiers and the Making of Modern China by Shellen Xiao Wu, Stanford, CA, Stanford University Press, 2023, xvi + 309 pp.","authors":"Graham F. Odell","doi":"10.1111/deve.12437","DOIUrl":"https://doi.org/10.1111/deve.12437","url":null,"abstract":"","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":"63 2","pages":"218-222"},"PeriodicalIF":2.5,"publicationDate":"2025-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143896997","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Seeds of Mobilization: The Authoritarian Roots of South Korea's Democracy by Joan E. Cho, Ann Arbor, MI, University of Michigan Press, 2024, xxi + 253 pp.","authors":"Myunghee Lee","doi":"10.1111/deve.12439","DOIUrl":"https://doi.org/10.1111/deve.12439","url":null,"abstract":"","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":"63 3","pages":"285-287"},"PeriodicalIF":1.4,"publicationDate":"2025-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144782747","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Research Handbook on Academic Labour Markets edited by Glenda Strachan, Cheltenham, Edward Elgar Publishing, 2024, xviii + 380 pp.","authors":"Jandhyala B. G. Tilak","doi":"10.1111/deve.12441","DOIUrl":"https://doi.org/10.1111/deve.12441","url":null,"abstract":"","PeriodicalId":46525,"journal":{"name":"Developing Economies","volume":"63 3","pages":"290-292"},"PeriodicalIF":1.4,"publicationDate":"2025-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144782644","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}