Augustin Kwasi Fosu
- Published in print:
- 2012
- Published Online:
- January 2013
- ISBN:
- 9780199660704
- eISBN:
- 9780191748943
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199660704.003.0001
- Subject:
- Economics and Finance, Development, Growth, and Environmental, Economic History
By virtue of their success in growth and development, a number of economies have been transformed to ‘advanced’ countries, and they may offer lessons to today's developing economies. Even though the ...
More
By virtue of their success in growth and development, a number of economies have been transformed to ‘advanced’ countries, and they may offer lessons to today's developing economies. Even though the performance among these countries was rather uneven during the recent 2008–10 global financial crisis for instance, it would be myopic to focus on the concomitant country performance as an indicator of success or lack thereof. Employing historical accounts, the current volume is able to point out useful aspects of each country's development record within a longer-term perspective. Many other studies have focussed on countries in the developing world as ‘role models’ for other developing economies since such successful countries' experiences have been relatively recent. As useful as those case studies are, they nonetheless omit potentially useful lessons from the more advanced countries which exhibit longer development recordsLess
By virtue of their success in growth and development, a number of economies have been transformed to ‘advanced’ countries, and they may offer lessons to today's developing economies. Even though the performance among these countries was rather uneven during the recent 2008–10 global financial crisis for instance, it would be myopic to focus on the concomitant country performance as an indicator of success or lack thereof. Employing historical accounts, the current volume is able to point out useful aspects of each country's development record within a longer-term perspective. Many other studies have focussed on countries in the developing world as ‘role models’ for other developing economies since such successful countries' experiences have been relatively recent. As useful as those case studies are, they nonetheless omit potentially useful lessons from the more advanced countries which exhibit longer development records
Augustin K. Fosu (ed.)
- Published in print:
- 2013
- Published Online:
- May 2013
- ISBN:
- 9780199671557
- eISBN:
- 9780191751059
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199671557.001.0001
- Subject:
- Economics and Finance, Development, Growth, and Environmental
In the development literature, some countries are cited more often than others as examples of development success. These countries are understood to have policies and institutions in place that could ...
More
In the development literature, some countries are cited more often than others as examples of development success. These countries are understood to have policies and institutions in place that could be transferred, at least in part, to less successful countries both within their own regions, and elsewhere in the world. As such, they may constitute ‘role models of development’. This scholarly volume contains historical accounts of a select set of successful countries in the developing world; successful by virtue of their growth and development path—albeit at times in an uneven, non-linear, and patchy manner. Each unique case describes the fundamental ‘causes’ of success: initial conditions and resources; local, regional, and international factors shaping the national state of affairs; and contributions to the development process by internal and external actors and institutions. Each country has a story to tell from which useful lessons can be drawn. While other similar works have presented cases of successful development strategies, they tend to be region-specific or constitute a relatively small number of cases. This book takes a more wide-ranging perspective involving a large number of country studies, spanning world regions and development levels.Less
In the development literature, some countries are cited more often than others as examples of development success. These countries are understood to have policies and institutions in place that could be transferred, at least in part, to less successful countries both within their own regions, and elsewhere in the world. As such, they may constitute ‘role models of development’. This scholarly volume contains historical accounts of a select set of successful countries in the developing world; successful by virtue of their growth and development path—albeit at times in an uneven, non-linear, and patchy manner. Each unique case describes the fundamental ‘causes’ of success: initial conditions and resources; local, regional, and international factors shaping the national state of affairs; and contributions to the development process by internal and external actors and institutions. Each country has a story to tell from which useful lessons can be drawn. While other similar works have presented cases of successful development strategies, they tend to be region-specific or constitute a relatively small number of cases. This book takes a more wide-ranging perspective involving a large number of country studies, spanning world regions and development levels.
Augustin Kwasi Fosu
- Published in print:
- 2013
- Published Online:
- May 2013
- ISBN:
- 9780199671557
- eISBN:
- 9780191751059
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199671557.003.0001
- Subject:
- Economics and Finance, Development, Growth, and Environmental
Certain countries are cited relatively often as examples of development ‘success’, that is, a set of favourable development outcomes. They are believed to exhibit policies and institutions that could ...
More
Certain countries are cited relatively often as examples of development ‘success’, that is, a set of favourable development outcomes. They are believed to exhibit policies and institutions that could be adapted to less successful countries in the developing world. As such, they might constitute ‘role models’ of development. Role models need not have been successful across every dimension (growth, poverty reduction, democratization, etc.), nor are they required to be bereft of periods of failure and crisis; indeed, their ability to overcome adversity and to move successfully forward constitutes a critical element of their success.Less
Certain countries are cited relatively often as examples of development ‘success’, that is, a set of favourable development outcomes. They are believed to exhibit policies and institutions that could be adapted to less successful countries in the developing world. As such, they might constitute ‘role models’ of development. Role models need not have been successful across every dimension (growth, poverty reduction, democratization, etc.), nor are they required to be bereft of periods of failure and crisis; indeed, their ability to overcome adversity and to move successfully forward constitutes a critical element of their success.
