The Paradox of Catching Up (häftad)
Format
Häftad (Paperback / softback)
Språk
Engelska
Antal sidor
188
Utgivningsdatum
2005-08-01
Upplaga
1st ed. 2005
Förlag
Palgrave Macmillan
Illustrationer
XI, 188 p.
Antal komponenter
1
Komponenter
1 Paperback / softback
ISBN
9781349525799
The Paradox of Catching Up (häftad)

The Paradox of Catching Up

Rethinking State-Led Economic Development

av L Tan
Häftad Engelska, 2005-08-01
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The phenomenon of state-led development has been persistent throughout modern history and remains significant today. Latecomers in the world's development, from Russia in the 19th century to contemporary China, persistently resorted to the state as a developmental instrument in economic catch-up. Why did relatively 'backward' economies tend to take the state-led approach rather than following the free market model? Why did those latecomers that used the state as the main coordinator and had the bureaucratic capacity to do so modernize faster than other 'backward' economies? Finally, do the successful state-led developers have the potentials to take the lead in world's developments? Or under what conditions could they do so? These are the questions the book intends to answer. This book looks into the state-led development in the post-war period, offering a new perspective for interpreting the choice of the state-led approach by latecomers and the consequences of such choices.
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  • Paradox of Catching Up

    L Tan

    The phenomenon of state-led development has been persistent throughout modern history and remains significant today. Latecomers in the world's development, from Russia in the 19th century to contemporary China, persistently resorted to the state a...

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Övrig information

LI TAN is a senior research analyst at a financial firm in New York, USA and holds a Ph.D. in Economics. She has worked at various institutions in the United States and China, and published articles in both academic and business fields. Her research areas include economic developments and international economics.

Innehållsförteckning

Introduction Markets and Costs of Using Markets A Revisit to the Soviet System The East Asian Miracle China's Transition to a Market Economy The Paradox of Catching up