The Paradox of Catching Up
eBook - PDF

The Paradox of Catching Up

Rethinking State-Led Economic Development

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

The Paradox of Catching Up

Rethinking State-Led Economic Development

About this book

The phenomenon of state-led development has been persistent throughout modern history and remains significant today. Latecomers in the world's development, from Russia in the 19th century to contemporary China, persistently resorted to the state as a developmental instrument in economic catch-up. Why did relatively 'backward' economies tend to take the state-led approach rather than following the free market model? Why did those latecomers that used the state as the main coordinator and had the bureaucratic capacity to do so modernize faster than other 'backward' economies? Finally, do the successful state-led developers have the potentials to take the lead in world's developments? Or under what conditions could they do so? These are the questions the book intends to answer. This book looks into the state-led development in the post-war period, offering a new perspective for interpreting the choice of the state-led approach by latecomers and the consequences of such choices.

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Yes, you can access The Paradox of Catching Up by L. Tan in PDF and/or ePUB format, as well as other popular books in Economics & Development Economics. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Palgrave Macmillan
Year
2005
Print ISBN
9781403949547
eBook ISBN
9780230598072
Topic
Economics
Subtopic
Development Economics
Index
Economics

Table of contents

  1. Cover
  2. Contents
  3. Preface
  4. 1 Introduction
  5. 2 Markets and Costs of Using Markets
  6. 3 A Revisit to the Soviet System
  7. 4 The East Asian Miracle
  8. 5 China’s Transition to a Market Economy
  9. 6 The Paradox of Catching Up
  10. Notes
  11. Bibliography
  12. Index