Japan, South Korea, and Taiwan are regarded as primary examples of countries that have derived great benefits from increasing integration with the international economy, without surrendering national autonomy in the economic or cultural spheres, by pursuing decidedly nonneutral policies with...

The application of industrial policies (IP) to direct resources to industries considered preponderant in achieving growth has been the chosen road by many emerging economies to tackle underdevelopment. Subsidized loans, variable taxes and differentiated tariffs are frequently used. Because of...

"Compared to other regions of the world, the Middle East was once unique in its combination of authoritarianism and stultifying stability: No longer. Beginning in Tunisia, a wave of political upheaval has rolled across the region, reaching Egypt, Bahrain, Libya, and other countries caught...

Cover -- Contents -- Preface -- Acknowledgments -- Chapter 1: Introduction -- Addressing the Challenge -- Conclusion -- Appendix 1A -- Chapter 2: Growth, Productivity, and Income -- Identifying the Comparators -- Relative International Performance -- Domestic Growth over Time -- Investment and...