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This book presents development strategies and lessons based on a large range of 'success' countries across the developing world. In addition to the country cases, it presents regional and overall syntheses that cover orthodox vs. heterodox policies; the importance of capability, primary exports, diversification and financing; managing diversity; the role of institutions and governance; and human development. The book reveals much diversity in successful development strategies offered by the various select countries: for example, the 'disinterested-government' political economy of China; the democratically supported, high-service-sector development approach of India; the 'Washington-Consensus-based' reforms of Ghana and China; the diversification strategies of the United Arab Emirates (UAE), Bahrain and Oman; the dynamic orthodox-heterodox strategy of Malaysia and Vietnam; the effective natural-resource management of Botswana, Oman, Bahrain and the UAE; the social-sector underpinnings of development in Costa Rica and Tunisia; and the democratic political system of managing diversity in India. This refreshing approach to studying development will interest researchers, teachers, students, development practitioners and policymakers alike.
Table of Contents
1. Achieving Development Success: Synthesis of Strategies and Lessons from the Developing World, Augustin K. Fosu
Part I: East Asia and the Pacific (South Korea, Malaysia, Thailand, and Vietnam)
2. How Can Korea be a Role Model for Catch-up Development? A 'Capability-based View', Keun Lee
3. Lessons from Post-colonial Malaysian Economic Development, K.S. Jomo and Chong Hui Wee
4. Thailand's Development Strategy and Growth Performance, Peter Warr
5. Vietnam as a Role Model for Development, John Thoburn
6. Development Strategies: Lessons from the Experiences of South Korea, Malaysia, Thailand, and Vietnam, Haider A. Khan
Part II: The Emerging Asian Giants (India and China)
7. Democracy, Diversity, and Development: India's Strategy and Outcomes, Nirvikar Singh
8. The Disinterested Government: An Interpretation of China's Economic Success in the Reform Era, Yang Yao
9. Country Role Models of Development Success: Lessons from China and India, Amelia U. Santos-Paulino
Part III: Sub-Saharan Africa (Botswana, Mauritius, South Africa, and Ghana?
10. Botswana as a Role Model for Country Success, James Robinson
11. The Mauritian Success Story and its Lessons, Arvind Subramanian
12. Post-Apartheid South Africa: An Economic Success Story?, Mats Lundahl and Lennart Petersson
13. Country Role Models for Development Success: The Ghana Case, Augustin K. Fosu
14. Development Progress in Sub-Saharan Africa: Lessons from Botswana, Ghana, Mauritius, and South Africa, Wim Naude
Part IV: Latin America and the Caribbean (Brazil, Chile, Costa Rica, and the Dominican Republic)
15. Brazil's Growth Performance: Achievements and Prospects, Luiz de Mello
16. Three Decades of Neoliberal Economics in Chile: Achievements, Failures, and Dilemmas, Andres Solimano
17. Country Role Models for Development Success: The Case of Costa Rica, Alberto Trejos
18. Economic Development Strategies in the Dominican Republic, Susan Pozo, Jose Sanchez-Fung, and Amelia U. Santos-Paulino
19. Between Past and Future of Latin America: Lessons from Brazil, Chile, Costa Rica, and the Dominican Republic, Eliana Cardoso
Part V: Middle-East and North Africa (Oman, Bahrain, Tunisia, and the United Arab Emirates)
20. The Omani and Bahraini Paths to Development: Rare and Contrasting Oil-based Economic Success Stories, Robert E. Looney
21. Tunisia's Development Experience: A Success Story?, Mina Baliamoune-Lutz
22. The United Arab Emirates: Some Lessons in Economic Development, Yaw Nyarko
23. 'Successful' Development Models: Lessons from the MENA Region, Imed Drine