| Description |
1 online resource (xix, 331 pages) : color illustrations |
| Series |
Directions in development. Public sector governance |
|
Directions in development (Washington, D.C.). Public sector governance.
|
| Contents |
Preface -- Abbreviations -- Chapter 1. The Significance of Economic Growth / Leszek Balcerowicz and Andrzej Rzońca -- Long-Term Growth -- Shocks and Periods of Relatively Stable Growth -- A Brief History of Economic Research -- Research Methods Applied in This Volume -- Conceptual and Analytical Framework -- Notes -- Bibliography -- Chapter 2 Institutional Systems and Economic Growth / Leszek Balcerowicz and Andrzej Rzońca -- Innovation-Based Growth and Special Growth Mechanisms -- Determinants of Individual Choice -- Institutional Systems and Individual Decisions -- Information Barriers to Innovation-Based Economic Growth -- Institutional Barriers -- Cases of Accelerated Economic Growth -- Successful Reform Packages -- Summary -- Notes -- Bibliography -- Chapter 3. How Did Australia Get Ahead of New Zealand? / Jakub Szeliga -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Chapter 4. How Did Austria (Nearly) Catch Up with Switzerland? / Marcin Hołda -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Websites -- Chapter 5. Why Did the Economic Growth Paths of Estonia and Slovenia Diverge? / Paweł Cwalina -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Websites -- Chapter 6. Why Is Mexico Poorer Than Spain? / Anna Kurowska -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Chapter 7. Why Has República Bolivariana de Venezuela's Economy Stagnated and Chile's Flourished? / Agnieszka Łyniewska -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Chapter 8. Why Is Costa Rica Lagging Behind Puerto Rico? / Kamil Czop -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Chapter 9. Why Is Haiti Poorer Than the Dominican Republic? / Aleksander Łaszek -- The Pace of Economic Growth -- Differences in Economic Performance: Factors and Causes -- Political Stability, Internal Security, and Property Rights -- Openness -- Inflow of Foreign Funds -- Summary and Conclusions -- Notes -- Bibliography -- Chapter 10. How Has China Outpaced India? / Paweł Kozub -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Chapter 11. Why Has Pakistan Developed More Slowly Than Indonesia? / Filip Berkowski -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Chapter 12. Conclusions / Leszek Balcerowicz and Andrzej Rzońca -- Notes |
| Summary |
"Puzzles of economic growth takes case studies from around the globe to investigate countries that over the past few decades, share many geographic characteristics, but differ significantly in terms of financial stability. Digging deep into seemingly similar countries can unveil striking differences on the topic of economic growth: Why is Mexico today much poorer than Spain after having been wealthier up to the 1960s? Why is New Zealand, a paragon of free market, dwarfed economically by Australia? How did Austria manage, with its persistently oversized state enterprise sector, to nearly surpass Switzerland? And what has happened to Costa Rica, now lagging behind Puerto Rico, even though the U.S. territory's development had for years slowed down to a crawl? Why has communist China surpassed capitalist India? Why has Pakistan's growth trailed behind Indonesia, in spite of the latter suffering one of the worst crises in world economic history? Why, even before the 2010 earthquake, has the Dominican Republic been visited by more tourists than Haiti, despite being situated on the same island? These paradoxes are all part of a broader question that this volume wishes to address: How do differences in economic growth arise? By examining comparable countries, we try to answer this puzzling question which is crucial for any nation's stable, long-term economic growth"--Page 4 of cover |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from PDF title page (EBSCO, viewed December 29, 2014) |
| Subject |
Economic development -- History -- Case studies
|
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BUSINESS & ECONOMICS -- Industries -- General.
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Economic development
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| Genre/Form |
Case studies
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History
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| Form |
Electronic book
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| Author |
Balcerowicz, Leszek.
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Rzońca, Andrzej.
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World Bank Group.
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| LC no. |
2015413002 |
| ISBN |
9781464803260 |
|
1464803269 |
|
