The economics of growth has come a long way since it regained
center stage for economists in the mid-1980s. Here for the first
time is a series of country studies guided by that research. The
thirteen essays, by leading economists, shed light on some of the
most important growth puzzles of our time. How did China grow so
rapidly despite the absence of full-fledged private property
rights? What happened in India after the early 1980s to more than
double its growth rate? How did Botswana and Mauritius avoid the
problems that other countries in sub--Saharan Africa succumbed to?
How did Indonesia manage to grow over three decades despite weak
institutions and distorted microeconomic policies and why did it
suffer such a collapse after 1997?
What emerges from this collective effort is a deeper
understanding of the centrality of institutions. Economies that
have performed well over the long term owe their success not to
geography or trade, but to institutions that have generated
market-oriented incentives, protected property rights, and enabled
stability. However, these narratives warn against a cookie-cutter
approach to institution building.
The contributors are Daron Acemoglu, Maite Careaga, Gregory
Clark, J. Bradford DeLong, Georges de Menil, William Easterly,
Ricardo Hausmann, Simon Johnson, Daniel Kaufmann, Massimo
Mastruzzi, Ian W. McLean, Lant Pritchett, Yingyi Qian, James A.
Robinson, Devesh Roy, Arvind Subramanian, Alan M. Taylor, Jonathan
Temple, Barry R. Weingast, Susan Wolcott, and Diego Zavaleta.
General
Imprint: |
Princeton University Press
|
Country of origin: |
United States |
Release date: |
May 2003 |
First published: |
May 2003 |
Editors: |
Dani Rodrik
|
Dimensions: |
232 x 153 x 30mm (L x W x T) |
Format: |
Paperback
|
Pages: |
481 |
Edition: |
New Ed |
ISBN-13: |
978-0-691-09269-0 |
Categories: |
Books >
Business & Economics >
Economics >
General
|
LSN: |
0-691-09269-9 |
Barcode: |
9780691092690 |
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