Asset Details
Do you wish to reserve the book?
New structural economics : a framework for rethinking development and policy
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
New structural economics : a framework for rethinking development and policy
Do you wish to request the book?
New structural economics : a framework for rethinking development and policy
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
eBook
New structural economics : a framework for rethinking development and policy
2012
Overview
The new structural economics argues that the best way to upgrade a country's endowment structure is to develop its industries at any specific time according to the comparative advantages determined by its given endowment structure at that time. The economy will be most competitive, the economic surplus will be the largest, and the capital accumulation and the upgrading of factor endowment structure will be the fastest possible. The 'New Structural Economics' presented in this book is an attempt to set out this third wave of development thinking. Taking into account the lessons learned from the growth successes and failures of the last decades, it advances a neoclassical approach to study the determinants and dynamics of economic structure. It postulates that the economic structure of an economy is endogenous to its factor endowment structure and that sustained economic development is driven by changes in factor endowments and continuous technological innovation. The paper also discusses binding constraints to growth in each of these industries' value chains as well as mechanisms through which governance-related issues in the implementation of industrial policy could be addressed.
Publisher
World Bank,World Bank Publications,The World Bank,Washington, DC: World Bank
Subject
ISBN
0821389556, 9780821389553, 9780821389577, 0821389572
