"Shortlisted for the 2018 Africa-Asia ICAS Book Prize, International Convention of Asia Scholars and Association for Asian Studies in Africa"
How poor countries can ignite economic growth without waiting for global action or the creation of ideal local conditionsCountries that ignite a process of rapid economic growth almost always do so while lacking what experts say are the essential preconditions for development, such as good infrastructure and institutions. In Beating the Odds, two of the world's leading development economists begin with this paradox to explain what is wrong with mainstream development thinking—and to offer a practical blueprint for moving poor countries out of the low-income trap regardless of their circumstances.
Les mer
This powerful book shows how poor countries can ignite growth without waitingfor global action or the creation of ideal local conditions.
"After the failure of Washington Consensus economic policies, Justin Yifu Lin and Célestin Monga draw on examples of successful economic development from all over the world to show us the way forward. Rather than focus on austerity and painful 'reform' programs, Lin and Monga demonstrate that there is a role for government, industrial policy, and other measures that help business grow and create jobs. They forcefully show that another world is possible."—Joseph E. Stiglitz, Columbia University, Nobel Laureate in Economics"Justin Yifu Lin and Célestin Monga draw on long experience and insightful analysis to show how successful economic development depends, first and foremost, on a pragmatic assessment of each nation's comparative advantages and a realistic understanding of how they can change over time."—Roger Myerson, University of Chicago, Nobel Laureate in Economics"An instructive look at how countries have to start growing before the right institutional framework is in place, and how they can get around that. . . . One of the better books on developing economies in the last few years."—Tyler Cowen, Marginal Revolution
Les mer
Produktdetaljer
ISBN
9780691192338
Publisert
2019-08-27
Utgiver
Vendor
Princeton University Press
Høyde
235 mm
Bredde
156 mm
Aldersnivå
U, P, 05, 06
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
384