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This paper takes a fresh look at the current theories of structural transformation and the role ofprivate and public fundamentals in the process. It summarizes some representative past andcurrent experiences of various countries vis-a-vis structural transformation with a focus on theroles of...
Persistent link: https://www.econbiz.de/10012909402
This piece synthesizes the development strategies of Korea, Malaysia, Thailand and Vietnam and draws some relevant lessons. Using a complex adaptive systems approach, strategic openness, a set of heterodox macroeconomic policies, creation of institutions for productive investment in both...
Persistent link: https://www.econbiz.de/10008660869
Mongolian economy has evolved rapidly in recent decades. It has a number of particular features which makes it interesting to study from a development perspective. One is the landlocked condition which limits its development potential. Another is its high dependence on a few products and natural...
Persistent link: https://www.econbiz.de/10008511393
This piece synthesizes the development strategies of Korea, Malaysia, Thailand and Vietnam and draws some relevant lessons. Using a complex adaptive systems approach, strategic openness, a set of heterodox macroeconomic policies, creation of institutions for productive investment in both...
Persistent link: https://www.econbiz.de/10010280091
China is undergoing its long-awaited industrial revolution. There is no shortage of commentary and opinion on this … the creation and nurturing of a continually growing market in China is based on this premise: The free market is a public … and the correct sequence of developmental stages; China has been successfully accomplishing its industrialization through …
Persistent link: https://www.econbiz.de/10012902904
given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained …
Persistent link: https://www.econbiz.de/10011444894
This paper examines the causes of Taiwan's exceptional economic performance, focusing on the influence of organizational and policy choices and how Taiwan's example differs from those of more typical less-developed countries. After briefly citing cultural factors as proposed by his late...
Persistent link: https://www.econbiz.de/10011608763
The media narratives with respect to EU external policies and their effects on developing countries generally paint a picture of unequal power dynamics and negative externalities, particularly with respect to international trade and land grabbing. In this paper, I use trade data to argue that...
Persistent link: https://www.econbiz.de/10011847700
Korea has achieved remarkable economic development since the 1960s, rising within a single generation from one of the poorest countries in the world to one with an affluent economy supported by world-class industries and large production capacities. This successful development of Korea has been...
Persistent link: https://www.econbiz.de/10012947711
The present paper presents an analysis of the key elements of Modinomics, defined as “everyone's participation, everyone's progress.” It investigates the reasons why Modinomics was necessary, the key elements of Modinomics, and how this policy was implemented, as well as two deep structural...
Persistent link: https://www.econbiz.de/10012924882