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In Search of Prosperity : Analytic Narratives on Economic Growth - Dani Rodrik

In Search of Prosperity

Analytic Narratives on Economic Growth

By: Dani Rodrik (Editor)

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Published: 14th April 2003
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The 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.

"Any book written or edited by Dani Rodrik is likely to be interesting and thought-provoking, and often iconoclastic. This volume is no exception... [I]t is a good volume of case studies, and may serve the added benefit of making US-based development economists attach more value to country studies of the determinants of growth."--Oliver Morrissey, Journal of International Development

Acknowledgmentsp. vii
List of Contributorsp. ix
Introduction: What Do We Learn from Country Narratives?p. 1
Historical Perspectives on Economic Growth
Australian Growth: A California Perspectivep. 23
One Polity, Many Countries: Economic Growth in India, 1873-2000p. 53
An African Success Story: Botswanap. 80
Transitions Into and Out of Growth
A Toy Collection, a Socialist Star, and a Democratic Dud? Growth Theory, Vietnam, and the Philippinesp. 123
Growing into Trouble: Indonesia after 1966p. 152
India since Independence: An Analytic Growth Narrativep. 184
Who Can Explain the Mauritian Miracle? Meade, Romer, Sachs, or Rodrik?p. 205
Venezuela's Growth Implosion: A Neoclassical Story?p. 244
History, Policy, and Performance in Two Transition Economies: Poland and Romaniap. 271
Institutions in Detail
How Reform Worked in Chinap. 297
Sustained Macroeconomic Reforms, Tepid Growth: A Governance Puzzle in Bolivia?p. 334
Fiscal Federalism, Good Governance, and Economic Growth in Mexicop. 399
Economic Growth without Social Development
The Political Economy of Growth without Development: A Case Study of Pakistanp. 439
Indexp. 473
Table of Contents provided by Rittenhouse. All Rights Reserved.

ISBN: 9780691092690
ISBN-10: 0691092699
Audience: Tertiary; University or College
Format: Paperback
Language: English
Number Of Pages: 496
Published: 14th April 2003
Publisher: Princeton University Press
Country of Publication: US
Dimensions (cm): 15.7 x 23.3  x 3.0
Weight (kg): 0.71