The Art Of Economic Catch Up

Author : Keun Lee
Publisher : Cambridge University Press
ISBN 13 : 1108472877
Total Pages : 305 pages
Book Rating : 4.76/5 ( download)

DOWNLOAD NOW!

Download or read book The Art of Economic Catch-Up written by Keun Lee and published by Cambridge University Press. This book was released on 2019-05-16 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: A highly original book that provides policy solutions for development challenges, framing them with insightful and inventive allegories.

Author : Keun Lee
Publisher : Cambridge University Press
ISBN 13 : 1108674119
Total Pages : 305 pages
Book Rating : 4.19/5 ( download)

DOWNLOAD NOW!

Download or read book The Art of Economic Catch-Up written by Keun Lee and published by Cambridge University Press. This book was released on 2019-05-16 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his previous Schumpeter Prize-winning work, Lee analysed the 'middle-income trap', in which a developing country grows strongly only to plateau at a certain point. Yet certain developing countries, most significantly China, have managed to escape this trap. Building on the conception of the ladder from developing to developed countries being kicked way, this book suggests alternative ways, such as 'leapfrogging', in which latecomers can catch up with their forerunners. Providing policy solutions for development challenges in non-technical terms, Lee frames his theories with insightful and inventive allegories. In doing so, Lee also accounts for the catch-up paradox, in which one cannot conclusively catch-up if they are continually trying to follow the path of those ahead. He argues that eventual catch-up and overtaking require pursuing a path that differs from that taken by forerunners. This highly original and accessible book will appeal to students, scholars, practitioners, and anyone interested in economic development and innovation.

Author : Jeong-Dong Lee
Publisher : Oxford University Press
ISBN 13 : 019264937X
Total Pages : 517 pages
Book Rating : 4.79/5 ( download)

DOWNLOAD NOW!

Download or read book The Challenges of Technology and Economic Catch-up in Emerging Economies written by Jeong-Dong Lee and published by Oxford University Press. This book was released on 2021-06-24 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Innovation is a pivotal driving force behind economic growth. Technological capability deepens and diversifies industrial activity, which fundamentally enhances growth potential. Consequently, failure to build effective technological capability can lead to slow long-term economic growth. This book synthesizes and interprets existing knowledge on technology upgrading failures in order to better understand the challenges of technology upgrading in emerging economies. The objective is to bring together diverse evidence on three major dimensions of technology upgrading: paths of technology upgrading, structural changes in the nature of technology upgrading, and the issues of technology transfer and technology upgrading. Knowledge on these three dimensions is synthesized at the firm, sector, and macro levels across different countries and world macroregions. Compared to the challenges and uncertainties facing emerging economies, our understanding of technology upgrading is sparse, unsystematic, and scattered. The recent growth slowdown in many emerging economies, often known as the middle-income trap, has reinforced the importance of understanding the technology upgrading challenges they experience. While our understanding of these issues from the 1980s and 1990s is relatively more systematised, the more recent changes that took place during the globalization and proliferation of global value chains, and the effects of the 2008 financial crisis, have not been explored and compared synthetically. The current effects of COVID-19, geopolitical struggles, and the growing concern around environmental sustainability add significant complexity to an already problematic situation. The time is ripe to take stock of our existing knowledge on processes of technology upgrading in emerging economies and make further inroads in research on this crucial issue.

Author : Keun Lee
Publisher : Oxford University Press
ISBN 13 : 0192847562
Total Pages : 292 pages
Book Rating : 4.60/5 ( download)

DOWNLOAD NOW!

Download or read book China's Technological Leapfrogging and Economic Catch-up written by Keun Lee and published by Oxford University Press. This book was released on 2022-01-27 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Akira Suehiro
Publisher : NUS Press
ISBN 13 : 9789971693831
Total Pages : 420 pages
Book Rating : 4.36/5 ( download)

DOWNLOAD NOW!

Download or read book Catch-up Industrialization written by Akira Suehiro and published by NUS Press. This book was released on 2008 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Catch-Up Industrialization is an innovative examination of how the political ideology of 'developmentalism' has driven East Asian economic growth. The author considers innovative production and management techniques, the patterns of industrial relations, and the way education shapes the workforce, using this information to assess late 20th century East Asian economic development based on economic liberalization and the rapid diffusion of information technology.The term 'catch-up' links developing and developed countries, and defines the socioeconomic mindset common to high-growth societies of Asia. The author's argument differs from neoclassical approaches emphasizing the workings of the market, statist ones emphasizing policy rather than private initiatives, business studies lacking macroeconomic and global perspectives, work by development economists based on agriculture, and World BankIMF studies that lack socio-cultural and historical understanding.

Author : Richard R. Nelson
Publisher : Cambridge University Press
ISBN 13 : 1108660789
Total Pages : 285 pages
Book Rating : 4.85/5 ( download)

DOWNLOAD NOW!

Download or read book Modern Evolutionary Economics written by Richard R. Nelson and published by Cambridge University Press. This book was released on 2018-05-03 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evolutionary economics sees the economy as always in motion with change being driven largely by continuing innovation. This approach to economics, heavily influenced by the work of Joseph Schumpeter, saw a revival as an alternative way of thinking about economic advancement as a result of Richard Nelson and Sidney Winter's seminal book, An Evolutionary Theory of Economic Change, first published in 1982. In this long-awaited follow-up, Nelson is joined by leading figures in the field of evolutionary economics, reviewing in detail how this perspective has been manifest in various areas of economic inquiry where evolutionary economists have been active. Providing the perfect overview for interested economists and social scientists, readers will learn how in each of the diverse fields featured, evolutionary economics has enabled an improved understanding of how and why economic progress occurs.

Author : Robert C. Allen
Publisher : Oxford University Press
ISBN 13 : 0199596654
Total Pages : 193 pages
Book Rating : 4.52/5 ( download)

DOWNLOAD NOW!

Download or read book Global Economic History: A Very Short Introduction written by Robert C. Allen and published by Oxford University Press. This book was released on 2011-09-15 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Together these countries pioneered new technologies that have made them ever richer.

Author : Mehmet Huseyin Bilgin
Publisher : Springer
ISBN 13 : 3319463195
Total Pages : 916 pages
Book Rating : 4.93/5 ( download)

DOWNLOAD NOW!

Download or read book Country Experiences in Economic Development, Management and Entrepreneurship written by Mehmet Huseyin Bilgin and published by Springer. This book was released on 2016-11-09 with total page 916 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together selected papers from the 17th EBES Conference, organized in Venice in winter 2015. The theoretical and empirical papers present the latest research in diverse areas of business, economics, and finance from many different regions. They chiefly focus on the interactions between economic development, entrepreneurship and financial institutions, especially putting the spotlight on cross-country evidence. Topics range from women’s entrepreneurship and economic regulation, to sustainability and climate change. This book provides researchers, professionals, and students a great opportunity to catch up on the latest studies in different fields and empirical findings on many countries and regions.

Author : Greg Ip
Publisher : John Wiley & Sons
ISBN 13 : 1118391578
Total Pages : 297 pages
Book Rating : 4.70/5 ( download)

DOWNLOAD NOW!

Download or read book The Little Book of Economics written by Greg Ip and published by John Wiley & Sons. This book was released on 2013-01-14 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible, thoroughly engaging look at how the economy really works and its role in your everyday life Not surprisingly, regular people suddenly are paying a lot closer attention to the economy than ever before. But economics, with its weird technical jargon and knotty concepts and formulas can be a very difficult subject to get to grips with on your own. Enter Greg Ip and his Little Book of Economics. Like a patient, good-natured tutor, Greg, one of today's most respected economics journalists, walks you through everything you need to know about how the economy works. Short on technical jargon and long on clear, concise, plain-English explanations of important terms, concepts, events, historical figures and major players, this revised and updated edition of Greg's bestselling guide clues you in on what's really going on, what it means to you and what we should be demanding our policymakers do about the economy going forward. From inflation to the Federal Reserve, taxes to the budget deficit, you get indispensible insights into everything that really matters about economics and its impact on everyday life Special sections featuring additional resources of every subject discussed and where to find additional information to help you learn more about an issue and keep track of ongoing developments Offers priceless insights into the roots of America's economic crisis and its aftermath, especially the role played by excessive greed and risk-taking, and what can be done to avoid another economic cataclysm Digs into globalization, the roots of the Euro crisis, the sources of China's spectacular growth, and why the gap between the economy's winners and losers keeps widening

Author : Keun Lee
Publisher : Cambridge University Press
ISBN 13 : 1107042682
Total Pages : 299 pages
Book Rating : 4.81/5 ( download)

DOWNLOAD NOW!

Download or read book Schumpeterian Analysis of Economic Catch-up written by Keun Lee and published by Cambridge University Press. This book was released on 2013-10-31 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fresh analysis of the secrets of Asian economic success and how other countries can escape the 'middle-income' trap.