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Industrialization occupies a central place in the rich tapestry of development theory and practice. Although that place has varied over time, many have agreed with Nicholas Kaldor that the kind of economic growth that leads to high real income per capita can only occur through industrialization....
Persistent link: https://www.econbiz.de/10010273465
Oman and Bahrain are Middle Eastern success stories. There are some key similarities. Both have followed pragmatic development strategies built on a stable foundation of strengthened governance structures and enhanced economic liberalization. These improvements occurred in somewhat different...
Persistent link: https://www.econbiz.de/10010273466
In this paper, a new approach to disclose the impact of politics on economic growth is presented: we use data derived from content analysis of party manifestos as measures of party preferences. In a panel of 23 OECD countries, we detect a positive impact of party support for various...
Persistent link: https://www.econbiz.de/10010303002
Botswana, Ghana, Mauritius and South Africa are sub-Saharan African countries that stand out for their development …
Persistent link: https://www.econbiz.de/10010280215
This paper examines India's development strategy, and to what extent it may be considered a success. It provides a brief history of why and how the strategy was adopted, as well as of its implementation, including the role of initial conditions, such as human capital, geographical location, and...
Persistent link: https://www.econbiz.de/10010273482
This paper makes use of a 1997 computable general equilibrium (CGE) model to analyse three potential strategies that Mozambique can pursue unilaterally with a view to initiating a sustainable development process. They include (i) an agriculture-first strategy, (ii) an agricultural-development...
Persistent link: https://www.econbiz.de/10010279313
This piece synthesizes the development strategies of Korea, Malaysia, Thailand and Vietnam and draws some relevant lessons. Using a complex adaptive systems approach, strategic openness, a set of heterodox macroeconomic policies, creation of institutions for productive investment in both...
Persistent link: https://www.econbiz.de/10010280091
Social democracy, it is often said, is nice but pricey. Whatever its merits in the rich countries of Western Europe, social democracy is frequently dismissed as an infeasible model for developing countries. Based on generosity towards the poor and protection against market competition, the...
Persistent link: https://www.econbiz.de/10010284425
This paper explores the politically determined development objectives and the intrinsic logic of government intervention policies in east developed countries. It is argued that the distorted institutional structure in China and in many least developed countries, after the Second World War, can...
Persistent link: https://www.econbiz.de/10010284840
case studies the two African countries, Botswana and Nigeria.Using distributed-lag analysis, the paper finds that the … supportive of the 'resource curse' hypothesis for Nigeria, but not for Botswana.I further argue that the superior institutional … quality in Botswana, relative to Nigeria, is likely responsible for the contrasting results. However, Nigeria appears to be …
Persistent link: https://www.econbiz.de/10010280151