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Book Cover
Author Lin, Justin Yifu, 1952-

Title The quest for prosperity : how developing economies can take off / Justin Yifu Lin
Published Princeton : Princeton University Press, ©2012


Description 1 online resource (xvii, 322 pages) : illustrations
Contents Cover; Title; Copyright; Contents; Prologue; An Intriguing Offer; Strange Childhood Memories from Africa; 1 New Challenges and New Solutions; The Bane of Excess Capacity; The Apparent Mystery of Economic Success; Taking Einstein's Joke Seriously: A New Structural Economics; 2 A Battle of Narratives and Changing Paradigms; Giving Meaning to One's Life; The Evolution of Growth; Deciphering the Mystery of Poverty and Wealth; Robert Lucas and the Drycleaner's Daughter; Explaining Convergence and Divergence; Development Thinking: A Tale of Progress, Waves, Fads, and Fashion
The Frustrating Search for New AnswersThe Need for New Strategic Thinking; 3 Economic Development: Lessons from Failures; Viability as the Hidden Ingredient to Economic Success; The Political Economy of Dreams and Ignorance; ""Do Not Look Where You Fell but Where You Slipped""; Not Throwing the Baby Out with the Bathwater; 4 Lessons from Successful Catch-up Countries; Squaring the Circle: The Contribution of The Growth Report; Recognizing That Some Countries May Have Found the Holy Grail; Modern Economic Growth: The Secret of Advanced Countries
5 A Framework for Rethinking Development: A New Structural EconomicsWhy Burundi Is Not Switzerland; Understanding Economic Development: A Conceptual Framework; The Optimal Speed and Sequencing of Prosperity; Putting New Wine in New Bottles; 6 What Would Be Done Differently under the New Structural Economics?; Fiscal Policy: Free Airplanes, Railroads, and Bridges?; Money to Impoverish-or Money to Enrich; Surviving Wealth: Public Revenue Management in Resource-Rich Countries; Financial Development: Those Bankers We Love to Hate
The Need for Poor Countries to Choose Their Type of Foreign CapitalSorting Out the Paradoxes of Trade Policy; Deciphering the Mysteries of Human Development; 7 Putting the New Structural Economics into Practice: Two Tracks and Six Steps; To Identify or Not to Identify: That Is the Question; How to Identify Industries with Latent Comparative Advantages: A Few Principles; A Practical Guide for Sequencing Structural Transformation; 8 The Peculiar Identities and Trajectories of Transition Economies; Imaginary Confessions in Heaven: The Politics of Reforms
Back to Earth: The Economics of Multiple DistortionsOptions for Economic Reform: Big Bang or Gradualism?; Thriving Transitions: Lessons from China, Slovenia, and a Few Other Countries; 9 Fostering Structural Change at Higher Levels of Development; Fighting Off the Middle-Income Curse; Keeping Pace with the Times; GIF Principles and Continued Structural Transformation; Understanding the Economics of Wealth and Greatness; 10 A Recipe for Economic Prosperity; Understanding the True Nature and Causes of Economic Development; Industrial Policy in Action
Summary How can developing countries grow their economies? Most answers to this question center on what the rich world should or shouldn't do for the poor world. In The Quest for Prosperity, Justin Yifu Lin--the first non-Westerner to be chief economist of the World Bank--focuses on what developing nations can do to help themselves. Since the end of the Second World War, prescriptions for economic growth have come and gone. Often motivated more by ideology than practicality, these blueprints have had mixed success on the ground. Drawing lessons from history, economic analysis, and pra
Bibliography Includes bibliographical references and index
Notes Print version record
Subject BUSINESS & ECONOMICS -- Development -- Business Development.
BUSINESS & ECONOMICS -- Development -- Economic Development.
BUSINESS & ECONOMICS -- Development -- General.
BUSINESS & ECONOMICS -- Government & Business.
BUSINESS & ECONOMICS -- Structural Adjustment.
POLITICAL SCIENCE -- Public Policy -- Economic Policy.
BUSINESS & ECONOMICS -- Economics -- General.
Economic history
Economic policy
History & Archaeology.
Business & Economics.
Regions & Countries - Africa.
Economic History.
SUBJECT Developing countries -- Economic conditions.
Developing countries -- Economic policy
Subject Developing countries
Form Electronic book
LC no. 2012016049
ISBN 1400844584