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This volume analyzes the experiences of developing countries in Asia, Latin America, and Sub-Saharan Africa, and examines how they might catch up. Based on growth performance across the developing world over the last five decades, it offers a thorough account of the possibilities to engage in such processes in an increasingly globalized world. Together, the chapters highlight the diversity and variation of development pathways and provide valuable lessons and implications for how to approach this difficult question. The book shows the importance of acknowledging that the process of development is dynamic and that the possibilities for catch up are situation dependent. At the same time it makes clear that without structural change, and in particular agricultural transformation, sustained catch up is unlikely to happen. The volume demonstrates how analysis of current growth processes in developing countries can be enriched by paying closer attention to the multifaceted nature of both economic backwardness and successful pathways to escape it.
This volume investigates the mechanisms and structural requirements necessary for developing nations to achieve economic catch-up in a globalized environment. The authors, Martin Andersson and Tobias Axelsson, synthesize five decades of growth performance data across Asia, Latin America, and Sub-Saharan Africa to evaluate diverse development trajectories. Their framework posits that while development is inherently situation-dependent, sustained economic advancement is contingent upon specific structural transformations, particularly within the agricultural sector.
What You Will Find
Scope Limits
Experts recognize this text as a comprehensive synthesis of historical development patterns across diverse global regions. Readers frequently note the academic density of the prose, which serves as a rigorous resource for students and researchers in development economics.
Page Count:
312
Publication Date:
2016-01-01
Publisher:
OUP Oxford
ISBN-10:
0191057177
ISBN-13:
9780191057175
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