Falling Behind Or Catching Up
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Author |
: Richard Record |
Publisher |
: World Bank Publications |
Total Pages |
: 129 |
Release |
: 2017-11-22 |
ISBN-10 |
: 9781464811951 |
ISBN-13 |
: 1464811954 |
Rating |
: 4/5 (51 Downloads) |
Synopsis From Falling Behind to Catching Up by : Richard Record
Despite decades of development efforts supported by significant amounts of foreign aid, Malawi has experienced weak and volatile economic growth performance over a sustained period of time. Malawi’s growth remains an outlier even compared to its geographically and demographically similar peers. Moreover, growth has been distributed unequally, with little impact on poverty. Per capita income has improved only minimally in the 50 years since independence, and Malawi now has one of the lowest per capita incomes in the world. From Falling Behind to Catching Up aims to improve readers’ understanding of the puzzle of Malawi’s development performance and identify ways for the country to achieve robust growth and stay on a stable growth path that helps the poor. The book places a strong emphasis on assessing Malawi’s growth experience since independence from a comparative international perspective. It seeks to benchmark Malawian outcomes on growth, structural change, and transformation against peers and explores possible reasons for divergence from international trends. The book also puts deeper drivers of economic growth at the center of the discussion, looking in particular at the institutions and policies that may have affected Malawi’s growth outcomes and ones that could help Malawi avoid macroeconomic instability in the future. This book first begins by discussing Malawi’s macroeconomic situation and challenges in fiscal management, reviewing and drawing lessons from the instability, slippages, and shocks Malawi has experienced since independence. Second, given how critical the agricultural sector is to poverty reduction in Malawi, the overview explores the current state of agricultural markets. Third, looking at the factors that may constrain higher growth in the future, challenges in private sector development and job creation are discussed. Finally, building on the analysis of challenges, the book concludes with a summary of policy recommendations aimed at helping Malawi begin catching up with its peers.
Author |
: David A. Dyker |
Publisher |
: Imperial College Press |
Total Pages |
: 388 |
Release |
: 2004 |
ISBN-10 |
: 9781860945991 |
ISBN-13 |
: 1860945996 |
Rating |
: 4/5 (91 Downloads) |
Synopsis Catching Up and Falling Behind by : David A. Dyker
In this collection of essays David A Dyker explores some of the mostdifficult and fascinating aspects of the process of transition fromautocratic real socialism to a capitalism that is sometimesdemocratic, sometimes authoritarian. The stress is on the economicdimension of transformation, but the author sets the economic dramafirmly within a political economy framework and a historicalperspective. Trends in key economic variables are analysed against thebackground of the struggle between different social and politicalgroups for power and command over resources. While the book pays dueattention to topical issues like EU enlargement, the underlyingperspective is a long-term one. Transition is viewed not as a set ofonce-and-for-all institutional changes or a process of short-termstabilisation, but as a historic opportunity to solve the inheritedproblem of poverty and underdevelopment in Central-East Europe and theformer Soviet Union. The book ends with a critical assessment of howeconomics, as a discipline, has coped with the challenge of thathistoric opportunity.
Author |
: Erich Gundlach |
Publisher |
: |
Total Pages |
: 52 |
Release |
: 1996 |
ISBN-10 |
: UCSD:31822021656996 |
ISBN-13 |
: |
Rating |
: 4/5 (96 Downloads) |
Synopsis Falling Behind Or Catching Up? by : Erich Gundlach
Author |
: Shuhe Li |
Publisher |
: |
Total Pages |
: 36 |
Release |
: 1995 |
ISBN-10 |
: UCSD:31822021207279 |
ISBN-13 |
: |
Rating |
: 4/5 (79 Downloads) |
Synopsis Catching Up Or Falling Behind by : Shuhe Li
Author |
: Yong Zhao |
Publisher |
: ASCD |
Total Pages |
: 248 |
Release |
: 2009 |
ISBN-10 |
: 9781416608738 |
ISBN-13 |
: 1416608737 |
Rating |
: 4/5 (38 Downloads) |
Synopsis Catching Up Or Leading the Way by : Yong Zhao
Yong Zhao, a distinguished professor at Michigan State University who was born and raised in China, offers a compelling argument for what schools can--and must--do to meet the challenges and opportunities brought about by globalization and technology.
Author |
: Moses Abramovitz |
Publisher |
: |
Total Pages |
: 22 |
Release |
: 1986 |
ISBN-10 |
: OCLC:851153754 |
ISBN-13 |
: |
Rating |
: 4/5 (54 Downloads) |
Synopsis Catching up, forging ahead and falling behind by : Moses Abramovitz
Author |
: Hartmut Berghoff |
Publisher |
: Cambridge University Press |
Total Pages |
: 261 |
Release |
: 2013-10-07 |
ISBN-10 |
: 9781107030138 |
ISBN-13 |
: 1107030137 |
Rating |
: 4/5 (38 Downloads) |
Synopsis The East German Economy, 1945-2010 by : Hartmut Berghoff
The contributors to this volume consider the economic history of East Germany within its broader political, cultural and social contexts.
Author |
: Nicholas Crafts |
Publisher |
: Cambridge University Press |
Total Pages |
: 163 |
Release |
: 2018-08-09 |
ISBN-10 |
: 9781108424400 |
ISBN-13 |
: 1108424406 |
Rating |
: 4/5 (00 Downloads) |
Synopsis Forging Ahead, Falling Behind and Fighting Back by : Nicholas Crafts
Highlights the interactions between institutions and policy choices, as well as the importance of historical constraints on Britain's relative economic decline.
Author |
: Vu Minh Khuong |
Publisher |
: Edward Elgar Publishing |
Total Pages |
: 277 |
Release |
: 2013-11-29 |
ISBN-10 |
: 9780857939647 |
ISBN-13 |
: 0857939645 |
Rating |
: 4/5 (47 Downloads) |
Synopsis The Dynamics of Economic Growth by : Vu Minh Khuong
The advancement of a nation from poverty to prosperity is not a technical process but a great transformation. At the center of this change are two driving forces _ emotion, which is referred to as aspiration, anxiety, and sense of responsibility; and e
Author |
: Keun Lee |
Publisher |
: Oxford University Press |
Total Pages |
: 292 |
Release |
: 2021-12-14 |
ISBN-10 |
: 9780192663351 |
ISBN-13 |
: 0192663356 |
Rating |
: 4/5 (51 Downloads) |
Synopsis China's Technological Leapfrogging and Economic Catch-up by : Keun Lee
After the miraculous economic growth known as the Beijing Consensus, China is now facing a slowdown. The attention has moved to the issue of the middle income trap. This book deals with this interesting issue in the context of China. It also discusses China's limitations and future prospects, especially after the rise of a new "cold war" between China and the US, namely the question of whether China would fall into another trap called the "Thucydides trap", or conflict with the existing hegemon as a rising power. In sum, this book plays around three key terms, namely, the Beijing Consensus, the Middle Income Trap, and the Thucydides trap, and applies a Schumpeterian approach to these concepts. It also conducts a comparative analysis that examines China from an "economic catch-up" perspective. An economic catch-up starts from learning and imitating a forerunner, but finishing the race successfully requires taking a different path along the road. This act is also known as leapfrogging, which implies a latecomer doing something different from, and often ahead of, a forerunner. Technological leapfrogging may lead to technological catch-up, which means reducing the technological gap, and then finally to economic catch-up in living standards (per capita income) and economic size (GDP: economic power). This linkage from technological leapfrogging and catch-up to economic catch-up corresponds exactly with a similar linkage from the Beijing Consensus to escaping (or not) the middle income and the Thucydides traps. One conclusion from this book is that China's successful rise as a global industrial power has been due to its strategy of technological leapfrogging, which has enabled China to move beyond the middle income trap and possibly the Thucydides trap, although at a slower speed.