We know a lot about what kinds of policies are needed to support the development of productive sectors, but much less about why governments pursue these policies and why some governments achieve better outcomes than others. The paper reviews the many but disparate arguments on the comparative...

The paper argues that Thailand's economic and social development from the late 19th century to the early 21st century presents a puzzle. For much of the period from 1870 to 1940, the country's economic growth was slow, and the economy remained agricultural, with little diversification into...

Contents: Foreword / Russell S. Sobel -- 1. Introduction / Gregory M. Randolph -- 2. Creating the environment for entrepreneurship through economic freedom / Joshua C. Hall, Robert A. Lawson, and Saurav Roychoudhury -- 3. The role of public policy in entrepreneurship and migration / Pavel A....