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From Falling Behind To Catching Up
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Book Synopsis From Falling Behind to Catching Up by : Richard Record
Download or read book From Falling Behind to Catching Up written by Richard Record and published by World Bank Publications. This book was released on 2017-11-22 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite decades of development efforts supported by significant amounts of foreign aid, Malawi has experienced weak and volatile economic growth performance over a sustained period of time. Malawi’s growth remains an outlier even compared to its geographically and demographically similar peers. Moreover, growth has been distributed unequally, with little impact on poverty. Per capita income has improved only minimally in the 50 years since independence, and Malawi now has one of the lowest per capita incomes in the world. From Falling Behind to Catching Up aims to improve readers’ understanding of the puzzle of Malawi’s development performance and identify ways for the country to achieve robust growth and stay on a stable growth path that helps the poor. The book places a strong emphasis on assessing Malawi’s growth experience since independence from a comparative international perspective. It seeks to benchmark Malawian outcomes on growth, structural change, and transformation against peers and explores possible reasons for divergence from international trends. The book also puts deeper drivers of economic growth at the center of the discussion, looking in particular at the institutions and policies that may have affected Malawi’s growth outcomes and ones that could help Malawi avoid macroeconomic instability in the future. This book first begins by discussing Malawi’s macroeconomic situation and challenges in fiscal management, reviewing and drawing lessons from the instability, slippages, and shocks Malawi has experienced since independence. Second, given how critical the agricultural sector is to poverty reduction in Malawi, the overview explores the current state of agricultural markets. Third, looking at the factors that may constrain higher growth in the future, challenges in private sector development and job creation are discussed. Finally, building on the analysis of challenges, the book concludes with a summary of policy recommendations aimed at helping Malawi begin catching up with its peers.
Book Synopsis Catching Up and Falling Behind by : David A. Dyker
Download or read book Catching Up and Falling Behind written by David A. Dyker and published by Imperial College Press. This book was released on 2004 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection of essays David A Dyker explores some of the mostdifficult and fascinating aspects of the process of transition fromautocratic real socialism to a capitalism that is sometimesdemocratic, sometimes authoritarian. The stress is on the economicdimension of transformation, but the author sets the economic dramafirmly within a political economy framework and a historicalperspective. Trends in key economic variables are analysed against thebackground of the struggle between different social and politicalgroups for power and command over resources. While the book pays dueattention to topical issues like EU enlargement, the underlyingperspective is a long-term one. Transition is viewed not as a set ofonce-and-for-all institutional changes or a process of short-termstabilisation, but as a historic opportunity to solve the inheritedproblem of poverty and underdevelopment in Central-East Europe and theformer Soviet Union. The book ends with a critical assessment of howeconomics, as a discipline, has coped with the challenge of thathistoric opportunity.
Book Synopsis Catching Up Or Leading the Way by : Yong Zhao
Download or read book Catching Up Or Leading the Way written by Yong Zhao and published by ASCD. This book was released on 2009 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Yong Zhao, a distinguished professor at Michigan State University who was born and raised in China, offers a compelling argument for what schools can--and must--do to meet the challenges and opportunities brought about by globalization and technology.
Book Synopsis Falling Behind Or Catching Up? by : Erich Gundlach
Download or read book Falling Behind Or Catching Up? written by Erich Gundlach and published by . This book was released on 1996 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Dynamics of Economic Growth by : Vu Minh Khuong
Download or read book The Dynamics of Economic Growth written by Vu Minh Khuong and published by Edward Elgar Publishing. This book was released on 2013-11-29 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: The advancement of a nation from poverty to prosperity is not a technical process but a great transformation. At the center of this change are two driving forces _ emotion, which is referred to as aspiration, anxiety, and sense of responsibility; and e
Book Synopsis China's Technological Leapfrogging and Economic Catch-up by : Keun Lee
Download or read book China's Technological Leapfrogging and Economic Catch-up written by Keun Lee and published by Oxford University Press. This book was released on 2021-12-14 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: After the miraculous economic growth known as the Beijing Consensus, China is now facing a slowdown. The attention has moved to the issue of the middle income trap. This book deals with this interesting issue in the context of China. It also discusses China's limitations and future prospects, especially after the rise of a new "cold war" between China and the US, namely the question of whether China would fall into another trap called the "Thucydides trap", or conflict with the existing hegemon as a rising power. In sum, this book plays around three key terms, namely, the Beijing Consensus, the Middle Income Trap, and the Thucydides trap, and applies a Schumpeterian approach to these concepts. It also conducts a comparative analysis that examines China from an "economic catch-up" perspective. An economic catch-up starts from learning and imitating a forerunner, but finishing the race successfully requires taking a different path along the road. This act is also known as leapfrogging, which implies a latecomer doing something different from, and often ahead of, a forerunner. Technological leapfrogging may lead to technological catch-up, which means reducing the technological gap, and then finally to economic catch-up in living standards (per capita income) and economic size (GDP: economic power). This linkage from technological leapfrogging and catch-up to economic catch-up corresponds exactly with a similar linkage from the Beijing Consensus to escaping (or not) the middle income and the Thucydides traps. One conclusion from this book is that China's successful rise as a global industrial power has been due to its strategy of technological leapfrogging, which has enabled China to move beyond the middle income trap and possibly the Thucydides trap, although at a slower speed.
Book Synopsis The Challenges of Technology and Economic Catch-up in Emerging Economies by : Jeong-Dong Lee
Download or read book The Challenges of Technology and Economic Catch-up in Emerging Economies written by Jeong-Dong Lee and published by Oxford University Press. This book was released on 2021-06-24 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Innovation is a pivotal driving force behind economic growth. Technological capability deepens and diversifies industrial activity, which fundamentally enhances growth potential. Consequently, failure to build effective technological capability can lead to slow long-term economic growth. This book synthesizes and interprets existing knowledge on technology upgrading failures in order to better understand the challenges of technology upgrading in emerging economies. The objective is to bring together diverse evidence on three major dimensions of technology upgrading: paths of technology upgrading, structural changes in the nature of technology upgrading, and the issues of technology transfer and technology upgrading. Knowledge on these three dimensions is synthesized at the firm, sector, and macro levels across different countries and world macroregions. Compared to the challenges and uncertainties facing emerging economies, our understanding of technology upgrading is sparse, unsystematic, and scattered. The recent growth slowdown in many emerging economies, often known as the middle-income trap, has reinforced the importance of understanding the technology upgrading challenges they experience. While our understanding of these issues from the 1980s and 1990s is relatively more systematised, the more recent changes that took place during the globalization and proliferation of global value chains, and the effects of the 2008 financial crisis, have not been explored and compared synthetically. The current effects of COVID-19, geopolitical struggles, and the growing concern around environmental sustainability add significant complexity to an already problematic situation. The time is ripe to take stock of our existing knowledge on processes of technology upgrading in emerging economies and make further inroads in research on this crucial issue.
Book Synopsis Intellectual Property Rights, Development, and Catch Up by : Hiroyuki Odagiri
Download or read book Intellectual Property Rights, Development, and Catch Up written by Hiroyuki Odagiri and published by Oxford University Press. This book was released on 2010-04-08 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: For most countries, economic development involves 'catching up' with leading countries. This needs more than physical assets and labour: it requires technological capabilities, educational attainment, entrepreneurship, and development of the necessary institutional infrastructure, including intellectual property rights, particularly patents.
Book Synopsis The Art of Economic Catch-Up by : Keun Lee
Download or read book The Art of Economic Catch-Up written by Keun Lee and published by Cambridge University Press. This book was released on 2019-05-16 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his previous Schumpeter Prize-winning work, Lee analysed the 'middle-income trap', in which a developing country grows strongly only to plateau at a certain point. Yet certain developing countries, most significantly China, have managed to escape this trap. Building on the conception of the ladder from developing to developed countries being kicked way, this book suggests alternative ways, such as 'leapfrogging', in which latecomers can catch up with their forerunners. Providing policy solutions for development challenges in non-technical terms, Lee frames his theories with insightful and inventive allegories. In doing so, Lee also accounts for the catch-up paradox, in which one cannot conclusively catch-up if they are continually trying to follow the path of those ahead. He argues that eventual catch-up and overtaking require pursuing a path that differs from that taken by forerunners. This highly original and accessible book will appeal to students, scholars, practitioners, and anyone interested in economic development and innovation.
Book Synopsis Britain in the World Economy since 1880 by : Bernard W.E. Alford
Download or read book Britain in the World Economy since 1880 written by Bernard W.E. Alford and published by Routledge. This book was released on 2014-06-06 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bernard Alford reviews the changing role, and diminishing influence, of Britain within the international economy across the century that saw the apogee and loss of Britain's empire, and her transformation from globe-straddling superpower to off-shore and indecisive member of the European Community. He explores the relationship between empire and economy; looks at economic performance against economic policy; and compares Britain - through and beyond the Thatcher years - with her European partners, America and Japan. In assessing whether Britain's economic decline has been absolute or merely relative, he also illuminates the broader history of the world economy itself.
Author :Leandro Prados de la Escosura Publisher :Cambridge University Press ISBN 13 :110885687X Total Pages :353 pages Book Rating :4.1/5 (88 download)
Book Synopsis Human Development and the Path to Freedom by : Leandro Prados de la Escosura
Download or read book Human Development and the Path to Freedom written by Leandro Prados de la Escosura and published by Cambridge University Press. This book was released on 2022-07-28 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: How has human development evolved during the last 150 years of globalization and economic growth? How has human development been distributed across countries? How do developing countries compare to developed countries? Do social systems matter for wellbeing? Are there differences in the performance of developing regions over time? Employing a capabilities approach, Human Development and the Path to Freedom addresses these key questions in the context of modern economic growth and globalization from c.1870 to the present. Leandro Prados de la Escosura shows that health, access to knowledge, standards of living, and civil and political freedom can substitute for GDP per head as more accurate measures of our wellbeing.
Book Synopsis Schumpeterian Analysis of Economic Catch-up by : Keun Lee
Download or read book Schumpeterian Analysis of Economic Catch-up written by Keun Lee and published by Cambridge University Press. This book was released on 2013-10-31 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fresh analysis of the secrets of Asian economic success and how other countries can escape the 'middle-income' trap.
Book Synopsis Innovation, Catch-up and Sustainable Development by : Andreas Pyka
Download or read book Innovation, Catch-up and Sustainable Development written by Andreas Pyka and published by Springer Nature. This book was released on 2021-11-16 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents selected contributions from the 2018 conference of the International Schumpeter Society (ISS). The selected chapters in this volume reflect the state-of-the-art of Schumpeterian economics dedicated to the three conference topics innovation, catch-up, and sustainability. Innovation is driving catch-up processes and is the condition for a transformation towards higher degrees of sustainability. Therefore, Schumpeterian economics has to play a key role in these most challenging fields of human societies’ development in the 21st century. The three topics are well suited to capture the great variety of issues, which have the potential to shape the scientific discussion in economics and related disciplines in the years to come. The presented contributions show the broadness and high standard of Schumpeterian analysis. The ideas of dynamics, heterogeneity, novelty, and innovation as well as transformation are the most attractive fields in economics today and offer the most prolific interdisciplinary connections now and for the years to come when humankind, our global society, has to master the transition towards sustainable economic systems by solving the grand challenges and wicked problems with which we are confronted today. Therefore, the book is a must-read for scholars, researchers, and students, interested in a better understanding of innovation, catch-up, and sustainability, and Schumpeterian economics in general. The chapter “Industrial life cycle: relevance of national markets in the development of new industries for energy technologies – the case of wind energy” is available open access under a CC BY 4.0 License via link.springer.com.
Book Synopsis OECD Regional Outlook 2016 Productive Regions for Inclusive Societies by : OECD
Download or read book OECD Regional Outlook 2016 Productive Regions for Inclusive Societies written by OECD and published by OECD Publishing. This book was released on 2016-10-11 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Regional Outlook 2016 examines the widening productivity gap across regions within countries, and the implications of these trends for the well-being of people living in different places.
Book Synopsis Varieties and Alternatives of Catching-up by : Yukihito Sato
Download or read book Varieties and Alternatives of Catching-up written by Yukihito Sato and published by Springer. This book was released on 2016-07-15 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sheds new light on the advancement of various industries in developing Asian countries through an application and re-examination of catch-up industrialization theory. With contributors presenting their own perspectives on the progression of a range of different industries in Asia, this volume provokes readers to reconsider their current understanding of industrialization in latecomer countries. More specifically, the chapters discuss Taiwan's semiconductor industry, Korea's steel industry, and Malaysia's palm oil industry, amongst others. The authors also explore the 'catch-down' innovation strategy in China and India. Varieties and Alternatives of Catching-up provides a thorough analysis of the strategies employed by numerous Asian countries to radically transform their low-income agricultural economies to middle-income industrialized ones. This book is essential reading for researchers and scholars interested in Asian economic development.
Book Synopsis The Economy of South Asia by : Tirthankar Roy
Download or read book The Economy of South Asia written by Tirthankar Roy and published by Springer. This book was released on 2017-08-05 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the historical roots of rapid economic growth in South Asia, with reference to politics, markets, resources, and the world economy. Roy posits that, after an initial slow period of growth between 1950 and the 1980s, the region has been growing rapidly and fast catching up with the world on average levels of living. Why did this turnaround happen? Does it matter? Is it sustainable? The author answers these questions by drawing connections, comparisons, and parallels between the five large countries in the region: India, Pakistan, Bangladesh, Sri Lanka and Nepal. It shows why, despite differences in political experience between these countries, similarities in resources and markets could produce similar trajectories. Home to a fifth of the world’s population, South Asia’s transformation has the power to change the world. Most accounts of the process focus on individual nations, but by breaking out of that mould, Roy takes on the region as a whole, and delivers a radical new interpretation of why the economy of South Asia is changing so fast.
Book Synopsis Science, Technology and Global Governance by : John R. De La Mothe
Download or read book Science, Technology and Global Governance written by John R. De La Mothe and published by Routledge. This book was released on 2014-04-23 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Science, technology and innovation have long been key factors in the competitive advantage of nations. Today, however, the new international political economy is being increasingly driven by science and technology in new ways. Integration, globalization and internationalization have all become watchwords for a series of dynamic processes in which science and technology are deeply implicated. As a result, not only are the policies of national governments being exposed in terms of the limits of their sovereignty, but science and technology are being increasingly implicated in a wide array of public issues - ranging from security, privacy, development and economic growth to employment, environment, foreign policy and geopolitics. Clearly, in today's emerging world, the ways in which governments organize their science and technology policy, their science and technology intelligence, and their research advisory structures and resources matter more today than ever before. In turn, the contract between science and democracy is being rapidly redefined. This book is the first to comprehensively discuss these critical issues.
