| List of Tables and Figure | p. x |
| Preface | p. xii |
| Introduction | p. 1 |
| Strategic Visions | |
| Culture, Human Development and Economic Growth | p. 15 |
| The sources of economic growth | p. 16 |
| Does growth promote human development? | p. 18 |
| Does human development promote growth? | p. 20 |
| Inequality and growth revisited | p. 22 |
| Culture and the state | p. 24 |
| Globalization and cultural interchange | p. 27 |
| The intrinsic and instrumental values of culture | p. 30 |
| Globalization and the Shape of Things to Come | p. 33 |
| Is globalization a new phenomenon? | p. 34 |
| Asymmetrical liberalization | p. 36 |
| Globalization and economic space | p. 39 |
| The squeeze on the state | p. 42 |
| Global governance | p. 46 |
| Globalization, culture and development: the long view | p. 51 |
| Human Development: Origins, Evolution and Impact | p. 53 |
| Origins | p. 53 |
| Evolution | p. 55 |
| Measurement | p. 56 |
| Institutionalization | p. 61 |
| Impact | p. 63 |
| The Distribution of Wealth and the Pace of Development (with Amy Ickowitz) | p. 66 |
| Empirical evidence | p. 67 |
| Theoretical explanations | p. 75 |
| Evidence from country studies | p. 84 |
| Policy implications | p. 88 |
| Systemic Transformation and Macroeconomic Reform | |
| Economic Policy during the Transition to a Market-Oriented Economy | p. 95 |
| Economic performance during the transition | p. 97 |
| Alternative reform strategies | p. 116 |
| The role of the state | p. 127 |
| Macroeconomic Reform and Employment: an Investment-Led Strategy of Structural Adjustment in Sub-Saharan Africa | p. 139 |
| Stabilization | p. 144 |
| Structural adjustment | p. 151 |
| Structural adjustment in the external sector | p. 159 |
| Investment: the neglected path to adjustment | p. 161 |
| Labour and adjustment through contraction | p. 163 |
| The structure of incentives | p. 167 |
| Investment and the role of the state | p. 170 |
| Domestic Resource Mobilization and Enterprise Development in Sub-Saharan Africa | p. 179 |
| Stabilization, structural adjustment and an investment-led strategy | p. 180 |
| Financing investment-led adjustment: external sources | p. 183 |
| Domestic financing for investment-led adjustment: the private sector | p. 192 |
| Domestic financing for investment-led adjustment: the public sector | p. 195 |
| The informal sector | p. 200 |
| Investment-led structural adjustment: programmatic elements | p. 208 |
| Conclusions | p. 230 |
| Case Studies | |
| Structural Adjustment and Macroeconomic Reform in Vietnam | p. 237 |
| Structural change | p. 240 |
| The accumulation of capital | p. 241 |
| Are the data credible? | p. 244 |
| The nature and sequence of policy reforms | p. 246 |
| Employment, Poverty and Social Protection in Kazakhstan | p. 251 |
| Objectives of development | p. 251 |
| Systemic reform in Kazakhstan | p. 255 |
| The outcome of the reform process | p. 259 |
| Elements of a revised strategy | p. 263 |
| A note on poverty concepts and poverty lines in Kazakhstan | p. 277 |
| Poverty Reduction in China | p. 281 |
| The nature and causes of China's poverty problem | p. 281 |
| China's poverty reduction strategy | p. 286 |
| Restructuring China's poverty reduction strategy | p. 288 |
| Conclusion | p. 295 |
| Notes | p. 297 |
| Index | p. 321 |
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