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Human Capital, Trade and Public Policy in Rapidly Growing Economies - From Theory to Empirics (Hardcover)
Loot Price: R3,490
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Human Capital, Trade and Public Policy in Rapidly Growing Economies - From Theory to Empirics (Hardcover)
Series: Academia Studies in Asian Economies series
Expected to ship within 12 - 17 working days
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Human Capital, Trade and Public Policy in Rapidly Growing Economies
argues that only two centuries ago, no society had ever enjoyed
sustained growth in living standards. The contributors to this book
aim to discover why the world today exhibits a predilection for
perpetual self-improvement.In particular, the book focuses on the
forces underlying long-lasting growth in East Asia's Newly
Industrialized Countries (NICs). Drawing from the experiences of
Hong Kong, South Korea, Singapore and Taiwan, it questions whether
public policy can contribute to removing barriers towards
accumulation of wealth, and if so, what development policy should
be put in place to remedy the existing distortions or market
failure problems. Theoretical and empirical analyses are also used
to broach other important issues, such as: Why do some economies
experience growth while others decline? What are the major
determinants of long-term growth and development? Is human capital
the main driving force? Does international trade play a crucial
role? This book will appeal to those with an interest in
development and public policy.
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