The purpose of this paper is to discuss major factors behind failures and successes in structural adjustment. The analysis includes the experience of four major European countries: France, Italy, the United Kingdom and West Germany. These countries are known for diverging performances. Germany...

Chapter1 Literature Review of Technological Improvement and Transformation of Economic Development Model -- Chapter2 Theoretical Research: Endogenous Growth Model Embedded with Innovation Heterogeneity -- Chapter3 Mechanical Analysis: Technological Improvement and the Transformation of Industry...