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Author Balcerowicz, Leszek
Title Puzzles of Economic Growth
Imprint Herndon : World Bank Publications, 2014
©2014
book jacket
Descript 1 online resource (406 pages)
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
Series Directions in Development - Public Sector Governance
Directions in Development - Public Sector Governance
Note Front Cover -- Title Page -- Copyright -- Contents -- Preface -- Abbreviations -- Chapter 1 The Significance of Economic Growth -- Long-Term Growth -- Shocks and Periods of Relatively Stable Growth -- A Brief History of Economic Research -- Research Methods Applied in This Volume -- Conceptual and Analytical Framework -- Notes -- Bibliography -- Chapter 2 Institutional Systems and Economic Growth -- Innovation-Based Growth and Special Growth Mechanisms -- Determinants of Individual Choice -- Institutional Systems and Individual Decisions -- Information Barriers to Innovation-Based Economic Growth -- Institutional Barriers -- Cases of Accelerated Economic Growth -- Successful Reform Packages -- Summary -- Notes -- Bibliography -- Chapter 3 How Did Australia Get Ahead of New Zealand? -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Chapter 4 How Did Austria (Nearly) Catch Up with Switzerland? -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Websites -- Chapter 5 Why Did the Economic Growth Paths of Estonia and Slovenia Diverge? -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Websites -- Chapter 6 Why Is Mexico Poorer Than Spain? -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Chapter 7 Why Has República Bolivariana de Venezuela's Economy Stagnated and Chile's Flourished? -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Chapter 8 Why Is Costa Rica Lagging Behind Puerto Rico? -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography
Chapter 9 Why Is Haiti Poorer Than the Dominican Republic? -- The Pace of Economic Growth -- Differences in Economic Performance: Factors and Causes -- Political Stability, Internal Security, and Property Rights -- Openness -- Inflow of Foreign Funds -- Summary and Conclusions -- Notes -- Bibliography -- Chapter 10 How Has China Outpaced India? -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Chapter 11 Why Has Pakistan Developed More Slowly Than Indonesia? -- Differences in Economic Performance: Factors and Causes -- Summary and Conclusions -- Notes -- Bibliography -- Chapter 12 Conclusions -- Notes -- Boxes -- Figures -- Tables -- Back Cover
Looking at the economic growth of seemingly similar countries one can find striking differences. Why has Australia gotten so much ahead of New Zealand, in spite of the latter being held up as a paragon of free market reform? How is it possible that Austria, with its persistently oversized state enterprise sector, has managed to (nearly) catch up with Switzerland? How can we account for the differences in economic growth between Estonia and Slovenia, and which of these two countries has been more successful at systemic transformation? Why is Mexico so much poorer than Spain, despite having been wealthier all the way into the 1960s? Why has Venezuela, which in 1950 had a per capita income higher than that of Norway and remains a major exporter of oil, slipped behind Chile? Why is Costa Rica lagging behind Puerto Rico, even though in the 1970s the U.S. territory's fast development slowed to a crawl and is now far below other comparable island economies? Why has 'communist' China outstripped 'capitalist' India? Why has Pakistan's growth lagged behind that of Indonesia, even though the latter suffered one of the deepest crises in world economic history in the years 1997-98? Why, even before the 2010 earthquake, the Dominican Republic has been visited by several dozen times more tourists than Haiti, despite being situated on the same island? This book strives to answer these (and many other) questions. They are all part of a broader question that we wish to address: how do differences in economic growth arise?
Description based on publisher supplied metadata and other sources
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2020. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries
Link Print version: Balcerowicz, Leszek Puzzles of Economic Growth Herndon : World Bank Publications,c2014 9781464803253
Subject Economic development -- History -- Case studies
Electronic books
Alt Author Rzonca, Andrzej
Rzonca, Andrzej
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