"Korea's experience of rapid economic growth represents both hope and challenge to many developing countries. The conventional wisdom inside and outside Korea has been that the government's policies such as export promotion, industrial targeting, etc. were the driving forces. This book...

Intro -- Half Title -- Series Information -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- Figures -- Tables -- Preface -- 1 The economy and policies in the 1950s -- 1.1 The Korean economy -- 1.2 The exchange rate policy in the 1950s -- 1.3 Foreign exchange control and...

This study is motivated by the fact that even though many African countries have witnessed rapid growth, they have also experienced high volatility in the form of severe financial crises, especially in the last two decades. These developments naturally lead to the issue of whether, in a more...

For at least the last 10 years, the Russian authorities have been declaring the need to move to an innovative path of economic development. The government actively initiates and applies various instruments and measures to promote innovation. However, the effectiveness of the Russian innovation...

The earliest arguments as the leaders of the newly independent developing countries began to plan for accelerated growth and resulting reduction of poverty – what I have called the progressive and activist ‘pull up’ strategy for reducing poverty, in contrast to the conservative...