Economic Development and Transition

Justin Yifu Lin

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Language: English

Published by Cambridge University Press, 2009

0521735513 / 9780521735513

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Druck auf Anfrage Neuware - Printed after ordering - In Economic Development and Transition, renowned development economist Justin Yifu Lin argues that economic performance in developing countries depends largely on government strategy. If the government plays a facilitating role, enabling firms to exploit the economy's comparative advantages, its economy will develop successfully. However, governments in most developing countries attempt to promote industries that go against their comparative advantages by creating various kinds of distortion to protect nonviable firms in priority industries. Failing to recognize the original intention of many distortions, most governments in transition economies attempt to eliminate those distortions without addressing firms' viability problems, causing economic performance to deteriorate in their transition process. Governments in successful transition economies adopt a pragmatic dual-track approach that encourages firms to enter sectors that were suppressed previously and gives necessary support to firms in priority industries before their viability issue is addressed.

Seller Inventory # 9780521735513

Title
Economic Development and Transition
Author
Justin Yifu Lin
Publisher
Cambridge University Press
Publication year
2009
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
0521735513
ISBN 13
9780521735513
Item weight
276 grams
Dimensions
229x152x10 mm

AHA-BUCH GmbH

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