This article argues that one source of Taiwan's exceptionally rapid growth rate in value added per worker in manufacturing was its ability to tap the accumulated technology of more advanced industrial nations. The impact of technology embodied in new equipment is quantified. The role of...

This article argues that the rapid growth in a number of Asian economies that occurred between 1960 and 1996 was accompanied by a major change in the structure of their economies including shifts in the size of firms and the sectors of specialization. These changes were a fundamental component...

This paper examines whether the recent theoretical insights stemming from endogenous growth theory have provided a better guide to explaining actual growth experience than the neoclassical model. The paper considers the available empirical evidence on a number of related subjects, including the...

Cover -- Contents -- Preface -- Acknowledgments -- Chapter 1: Introduction -- Addressing the Challenge -- Conclusion -- Appendix 1A -- Chapter 2: Growth, Productivity, and Income -- Identifying the Comparators -- Relative International Performance -- Domestic Growth over Time -- Investment and...

"Compared to other regions of the world, the Middle East was once unique in its combination of authoritarianism and stultifying stability: No longer. Beginning in Tunisia, a wave of political upheaval has rolled across the region, reaching Egypt, Bahrain, Libya, and other countries caught...