Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income...

Centrally planned and administered economy and steep ascent strategy a complete failure -- Development economics-based strategy in less developed countries an incomplete failure -- A shift toward better understood (and appreciated) classical economic prescriptions an incomplete success --...