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What lessons can be learnt from 'developed' countries that might be useful for developing and emerging economies? With an emphasis on long-term growth and development, this book provides historical accounts of the development strategies of a select set of advanced countries. Each case study typically presents the country's 'successes' and the root causes of those successes. Organized into three parts, it covers The Nordics (Finland, Norway, Sweden, and Denmark), Other Industrially Advanced Countries (Japan, Ireland, and Switzerland), and Transition Economies (Czech, Hungary, and Poland). Although the book stresses that development strategies are, by and large, country and context-specific, the historical accounts are full of recurrent themes, which should provide useful lessons for developing countries and emerging economies.
Table of Contents
Foreword Introduction 1. Development Success: Historical Accounts from the More Advanced Countries, Augustin Kwasi Fosu Part I: The Nordics: Finland, Norway, Sweden, Denmark 2. The Finnish Developmental State and its Growth Regime, Markus Jantti and Juhana Vartiainen 3. Can Norway Be a Role Model for Natural Resource Abundant Countries?, Adne Cappelen and Lars Mjoset 4. The Swedish Model, Ari Kokko 5. The Danish Model and the Globalizing Learning Economy: Lessons for Developing Countries, Bengt-Ake Lundvall 6. The Nordic Development Models: The Riddle is Still There, But We May Be a Little Wiser, Juhana Vartiainen Part II: Other Advanced Industrialized Countries: Japan, Ireland, Switzerland 7. Japan's Model of Economic Development: Relevant and Non-relevant Elements for Developing Economies, Fukunari Kimura 8. Committing to Economic Openness in Ireland: The Importance of Domestic Institutional Capabilities, Paul Teague and Denise Currie 9. Switzerland's Rise to a Wealthy Nation: Competition and Contestability as Key Success Factors, Beatrice Weder and Rolf Weder 10. Country Role Models: Japan, Ireland, and Switzerland, Ronald Findlay Part III: Transition Economies: Czech Republic, Hungary, Poland 11. The Czech Transition: The Importance of Microeconomic Fundamentals, Jan Svejnar and Milica Uvalic 12. Hungary: The Janus-faced Success Story of Transition, Laszlo Csaba 13. A Two-Thirds Rate of Success: Polish Transformation and Economic Development, 1989- 2008, Grzegorz Kolodko 14. Lessons from Transition Economies: Putting the Success Stories of the Post-communist World into a Broader Perspective, Vladimir Popov