ISBN : 9780198803706
This volume analyzes the experiences of developing countries in Asia, Latin America, and Sub-Saharan Africa, and examines how they might catch up. Based on growth performance across the developing world over the last five decades, it offers a thorough account of the possibilities to engage in such processes in an increasingly globalized world. Together, the chapters highlight the diversity and variation of development pathways and provide valuable lessons and implications for how to approach this difficult question. The book shows the importance of acknowledging that the process of development is dynamic and that the possibilities for catch up are situation dependent. At the same time it makes clear that without structural change, and in particular agricultural transformation, sustained catch up is unlikely to happen. The volume demonstrates how analysis of current growth processes in developing countries can be enriched by paying closer attention to the multifaceted nature of both economic backwardness and successful pathways to escape it.
Part 1: Structural Transformation and Catching Up
1 Martin Andersson and Tobias Axelsson: Diversity of Development Paths and Structural Transformation in Historical Perspective: An Introduction
2 Lennart Schon: Structural Change and Catching Up: The Relative Small Country Advantage
3 Justin Yifu Lin: The Latecomer Advantages and Disadvantages: A New Structural Economics Perspective
4 C. Peter Timmer: The Role of Agriculture in Catching Up: A Gerschenkronian Perspective
Part 2: Diversity in Development
5 Christer Gunnarsson: Misinterpreting the East Asian Miracles: A Gerschenkronian perspective on substitution and advantages of backwardness in the industrialization of Eastern Asia
6 Anne Booth: Southeast Asia: The Half-Way Miracles?
7 Luis Bertola: Catching Up: Now and Then: Has Latin America Changed Tracks?
8 Lee Alston and Bernardo Mueller: Economic Backwardness and Catching Up: Brazilian Agriculture, 1964-2014
9 Gareth Austin: Is Africa too Late for 'Late Development'? Gerschenkron South of the Sahara
10 Erik Thorbecke and Yusi Ouyang: Is Sub-Saharan Africa Finally Catching Up?
11 Martin Andersson and Tobias Axelsson: Relative Economic Backwardness and Catching up: Lessons from History, Implications for Development Thinking