In Explaining Economic Growth David Lim presents a new analytical
framework for explaining the different growth performances of
developing countries.Drawing on the growth experience of the newly
industrializing economies of East Asia, the author begins his
analysis by identifying the sources of output growth and the
factors behind them. Recognizing that no one explanation of
economic growth is entirely satisfactory, Professor Lim's analysis
enables the strengths of existing explanations to be highlighted
and used in the construction of more convincing hypothesis of
economic growth. An operational framework for identifying the
policies needed to produce greater economic growth is also
developed. Explaining Economic Growth presents the large and often
unstructured development literature within a systematic framework
allowing for a series of policy-oriented conclusions. Accessible
and yet rigorous, this major new book will be widely used by
students, researchers and policy makers concerned with economic
growth and development.
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