The Quest for Prosperity

How Developing Economies Can Take Off - Updated Edition

Justin Yifu Lin

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Sozialwissenschaften, Recht, Wirtschaft / Wirtschaft

Beschreibung

Justin Yifu Lin's groundbreaking account of how developing countries can help themselves—now fully updated

How can developing countries grow their economies? Most answers to this question center on what the rich world should or shouldn't do for the poor world. In The Quest for Prosperity, Justin Yifu Lin—the first non-Westerner to be chief economist of the World Bank—focuses on what developing nations can do to help themselves. Lin examines how the countries that have succeeded in developing their own economies have actually done it. Interwoven with insights, observations, and stories from Lin’s travels as chief economist of the World Bank and his reflections on China’s rise, this book provides a road map and hope for those countries engaged in their own quest for prosperity.

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Schlagwörter

Economic policy, Factor endowment, Globalization, Market economy, Heavy industry, Monetary policy, Neoclassical economics, Institution, Convergence (economics), Funding, Central bank, Special economic zone, Infrastructure, Research and development, Industrial policy, Technology, Chief economist, Employment, Economic planning, Investment, Poverty, World War II, Policy, World Bank, Developing country, Comparative advantage, Commodity, Exchange rate, Private sector, Economy, Macroeconomics, Agriculture, Incentive, Interest rate, Externality, Backwardness, Industrialisation, Economist, Competitiveness, Economic development, Entrepreneurship, Washington Consensus, Inflation, Development economics, Poverty reduction, Liberalization, Diversification (finance), Economic inequality, Industry, Human capital, Productivity, Developed country, Unemployment, Consumption (economics), Income, Tax, Economics, Economic interventionism, Natural resource, Budget, Transaction cost, Capital accumulation, Economic growth, Consumer, Market failure, Foreign direct investment, Subsidy, World economy, Profit (economics), Secondary sector of the economy