Quest for prosperity: how developing economics can take off (Record no. 178767)

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000 -LEADER
fixed length control field 02392nam a2200193Ia 4500
005 - DATE AND TIME OF LATEST TRANSACTION
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020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9780691155890
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 338.90091724 LIN
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Lin, Justin Yifu
245 #0 - TITLE STATEMENT
Title Quest for prosperity: how developing economics can take off
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Princeton
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Princeton University Press
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2012
300 ## - PHYSICAL DESCRIPTION
Extent 322 p.
520 ## - SUMMARY, ETC.
Summary, etc. How can developing countries grow their economies? Most answers to this question center on what the rich world should or shouldn't do for the poor world. In The Quest for Prosperity, Justin Yifu Lin―the first non-Westerner to be chief economist of the World Bank―focuses on what developing nations can do to help themselves.<br/><br/>Since the end of the Second World War, prescriptions for economic growth have come and gone. Often motivated more by ideology than practicality, these blueprints have had mixed success on the ground. Drawing lessons from history, economic analysis, and practice, Lin examines how the countries that have succeeded in developing their own economies have actually done it. He shows that economic development is a process of continuous technological innovation, industrial upgrading, and structural change driven by how countries harness their land, labor, capital, and infrastructure. Countries need to identify and facilitate the development of those industries where they have a comparative advantage―where they can produce products most effectively―and use them as a basis for development. At the same time, states need to recognize the power of markets, limiting the role of government to allow firms to flourish and lead the process of technological innovation and industrial upgrading. By following this "new structural economics" framework, Lin shows how even the poorest nations can grow at eight percent or more continuously for several decades, significantly reduce poverty, and become middle- or even high-income countries in the span of one or two generations.<br/><br/>Interwoven with insights, observations, and stories from Lin's travels as chief economist of the World Bank and his reflections on China's rise, this book provides a road map and hope for those countries engaged in their own quest for prosperity.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Economic history, Economic policy, Developing Countries
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Books
Source of classification or shelving scheme Dewey Decimal Classification
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Total checkouts Full call number Barcode Date last seen Date last checked out Price effective from Koha item type
  Not Missing Dewey Decimal Classification Not Damaged   Gandhi Smriti Library Gandhi Smriti Library 2020-02-08 1 338.90091724 LIN 159569 2024-06-09 2022-12-07 2020-02-08 Books

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