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Growth Divergences: Explaining Differences In Economic Performance.

Growth Divergences: Explaining Differences In Economic Performance.

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  • ISBN:9781842778814
  • Editorial: Zed Books Ltd
  • Fecha de la edición:
  • Encuadernación:Rústica
  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:369
  • Idiomas:Ingles,Inglés

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The last three decades have been characterized by a paradox of greater international economic integration but divergent economic performance. In contrast to the 1950s and 1960s, most developing countries have lagged far behind developed economies, but this growing North-South gap has been masked by the better economic performance of China, India and East Asian Tigers, implying the expansion of the 'middle income' category. This volume of analytical studies seeks to explain these major differences in economic performance in recent decades by considering the dynamics of international economic growth, diverging growth rates, economic structures, and sources of demand, successes and collapses in the developing world, and recent episodes of real income stagnation of countries. Several chapters critically review recent misleading claims and the conventional wisdom regarding the relationship of trade liberalization, financial development, development, aid, infrastructure spending, violent conflict, good governance, and industrial policy to economic growth.

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