Economic Progress and Policy in Developing Countries

Angus Maddison

• Publisher: Routledge
• Year: 2013
• Print ISBN: 9780415379892
• eBook ISBN: 9781134545186
• Topic: Business
• Subtopic: Business General
• Index: Business

First published in 2005. The central issue of our times is the unequal income of nations. Its importance outweighs most of the domestic problems in rich countries, and the division of the world into rich and poor has become more significant than the ideological cleavage between communism and capitalism. There are twenty-five rich countries, but more than 100 countries who are in the where income range. Two-thirds of the world's population live in the latter group. This study focuses on those countries and looks at economic policy and progress.

Index

References to tables and appendices are italicized

‘absorptive capacity’, 83 n, 242, 249–51, 274

Afro-Asian Conference (Bandung), 212

agriculture, land tenure and reform, 20, 23, 88, 149–59, 219, 220; modernization, 20, 21, 68, 122, 136–44, 155, 157, 159, 160, 256; growth, 26, 27, 33, 36, 64, 91, 97, 120–4, 211, 214, 271; labour, 35, 41–3, 51; natural resources, 50; fiscal policy, 73, 146–9, 155, 157, 159, 160; costs, 82, 187; incentives, 85; inflation, 100, 101; harvest fluctuations, 103, 106, 111, 202; irrigation, 122, 139, 144–6, 155, 160; world food problem, see food; diversification, 139; subsidies, 143, 146, 148, 159, 211; extension services, 143–4, 155, 157; industry and, 161, 163, 182, 184, 187, 191, 196; protection, 211; foreign investment, 219, 220

AID (United States), 179, 231, 242, 243, 245 n, 261

Alliance for Progress (Latin America), 88, 152 n, 244

Argentina, income distribution, 16–17, 70; serfdom, 21; tariffs, 24, 170; economic performance, 28, 29, 38, 54, 60, 61, 89; agriculture, 41, 120, 122, 123, 136, 139, 143, 144, 147, 152 n, 271; education, 45–8; natural resources, 50; trade unions, 70; fiscal policy, 96–8, 100, 102, 269, 270; recession, 103, 106; banking, 109 n; IMF, 114–16, 117, 118; exports, 131, 133, 134, 199, 200, 204, 206, 207; industry, 143, 164, 176, 184, 186, 190, 196; price manipulation, 147; state enterprise, 166, 174, 175; imports, 199; external finance, 219, 220, 223, 224, 228, 235, 248

Australia, 131, 132, 134, 209, 211, 224

automobile industry, 185–7, 194, 209, 227

balance of paym...

Table of contents

• Cover
• Title Page
• Copyright Page
• Contents Page
• ACKNOWLEDGMENTS
• I. Post-war Growth in Historical Perspective
• II. Reasons for Accelerated Growth and Variations in Performance
• III. The Overall Strategy of Development
• IV. The Reasons for Instability
• V. Has Agriculture Been Neglected?
• VI. Has Industrialization Been Too Costly?
• VII. Foreign Markets for Goods and Services
• VIII. External Finance
• IX. Population Control and Economic Growth
• X. Conclusions
• APPENDIX
• B. Growth of Total Output
• C. Population and Employment
• D. Investment and External Finance
• E. Foreign Trade
• INDEX