"The macroeconomic experience of emerging and developing economies has tended to be quite different from that of industrial countries. Compared to industrial countries, emerging and developing economies have tended to be much more unstable, with more severe boom/bust cycles, episodes of high...

Title Page; Copyright Page; Contents; Preface to the Third Edition; Part I Historical Background and General Survey; Chapter 1 Economic Lessons from History; 1.1 Introduction; 1.2 Significant Events in Major Historical Dynasties; 1.3 The Republic of China, 1911-; 1.4 Summary of Historical Lessons;...