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The aim of the paper is to determine the effect of extreme wealth on economic development (human development index and sub-indices) in 64 countries during 2005-2018, with special emphasis on Mexico and China. A dynamic estimation (sys-GMM) is followed. Estimations show that extreme national wealth acts as a constraint on human development for the entire sample of countries, including Mexico and China. Income is found to be most sensitive to this type of wealth, followed by the education index. The analysis confirms that democracy, economic freedom, investment and social spending are underlying factors of HDI. [ABSTRACT FROM AUTHOR]

Will underdeveloped economies be able to achieve development in the twenty-first century? To advance towards a potential response to this question, this paper analyzes some aspects of the development processes of South Korea and China, pointing to the exceptional geopolitical and strategic conditions behind why their models are unsuitable to emulate. It also highlights the state authoritarianism, strict planning and discipline of both the ruling and ruled classes to guide investment and the growth of specific economic sectors. From this perspective, the paper then discusses some proposals formulated for the region by neo-developmentalism. [ABSTRACT FROM AUTHOR]

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This paper proposes a statistical method for building capital, after the manner of the French economist Thomas Piketty, for China during a long period (1952-2012), by increasing stock of limited productive, physical capital, with the aim of gradually including inventories and elements not directly concerned with production. This capital is called «stock of global capital» a la Piketty, with an open economic approach being taken. Elasticity of this capital is estimated econometrically by using such parameters as human capital, research and development, and institutional change as a variable, within the framework of modern macrodynamic, neoclassical models. An implicit rate of return on this capital is calculated with the aim of verifying (or not) what Piketty describes as an «inherent inequality». His «economic law» connecting capital coefficient with savings rate-to-growth rate ratio is assessed. Finally, the subject of inequalities in today's China is dealt with. [ABSTRACT FROM AUTHOR]

This article analyses Kazakhstan's vision of long-term development and its ambitious goals. After revising the history of the infrastructure projects in the country during the tsarist period and the Soviet era, it sets out the plans of the Kazakh president, Nursultan Nazarbayev, to turn the country into a logistical hub between East and West by 2050. Later, the paper puts Nazarbayev's vision in the context of the political and economic reality of Kazakhstan, focussing, specifically, on how the government's multivector foreign policy fluctuates between Russia's regional integration projects and the Chinese push westwards to develop Xinjiang province along the new Silk Road. As a conclusion, it identifies the multiple goals that may put the future of this plan in doubt. [ABSTRACT FROM AUTHOR]

Copyright of Revista Enfoques: Ciencia Política y Administración Pública is the property of Universidad Central de Chile and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)