In Search of Prosperity
Analytic Narratives on Economic Growth
Edited by Dani Rodrik
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In Search of Prosperity by Dani Rodrik
Book DescriptionThe economics of growth has come a long way since it regained center stage for economists in the mid-1980s. Here for the first time is a series of country studies guided by that research. The thirteen essays, by leading economists, shed light on some of the most important growth puzzles of our time. How did China grow so rapidly despite the absence of full-fledged private property rights? What happened in India after the early 1980s to more than double its growth rate? How did Botswana and Mauritius avoid the problems that other countries in sub--Saharan Africa succumbed to? How did Indonesia manage to grow over three decades despite weak institutions and distorted microeconomic policies and why did it suffer such a collapse after 1997? What emerges from this collective effort is a deeper understanding of the centrality of institutions. Economies that have performed well over the long term owe their success not to geography or trade, but to institutions that have generated market-oriented incentives, protected property rights, and enabled stability. However, these narratives warn against a cookie-cutter approach to institution building. The contributors are Daron Acemoglu, Maite Careaga, Gregory Clark, J. Bradford DeLong, Georges de Menil, William Easterly, Ricardo Hausmann, Simon Johnson, Daniel Kaufmann, Massimo Mastruzzi, Ian W. McLean, Lant Pritchett, Yingyi Qian, James A. Robinson, Devesh Roy, Arvind Subramanian, Alan M. Taylor, Jonathan Temple, Barry R. Weingast, Susan Wolcott, and Diego Zavaleta.
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Book DetailsISBN: 9780691092690
(229mm x 152mm x 30mm)
Imprint: Princeton University Press
Publisher: Princeton University Press
Publish Date: 14-Apr-2003
Country of Publication: United States
Books By Author Dani Rodrik
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Economists are widely reviled and their profession has become a favourite punching bag in the aftermath of the financial crisis. Yet their services have never been in greater demand. To unravel the paradox, we need to understand both the strengths and weaknesses of economics. This book offers both a defence and critique of the field.
After the Fall, Paperback (July 2012)
This report asks: What are likely to be the principal issues facing the international economy over the next decade? What could a realistic analysis hope for in the way of progress in confronting the problems of the future? What are the constraints imposed by the realities of international and domestic politics? What forms of international economi
Globalization Paradox, Paperback (May 2012)
Globalization, Rodrik argues, rests on shaky foundations. Despite the benefits it has brought to much of the world, there are profound conflicts of interest between democracy, national determination, and full economic globalization. He traces the idea's history, pinpoints its weaknesses, and points the way forward to a new 'smart globalization'
One Economics, Many Recipes, Paperback (December 2008)» View all books by Dani Rodrik
While economic globalization can be a boon for countries that are trying to dig out of poverty, success usually requires following policies that are tailored to local economic and political realities. This title shows how successful countries craft their own unique strategies - and what other countries can learn from them.
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Author Biography - Dani Rodrik
Dani Rodrik is Professor of International Political Economy at the John F. Kennedy School of Government, Harvard University. He is the author of "Has Globalization Gone too Far?"
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