Schumpeterian Analysis of Economic Catch-up (BOK)

Keun Lee

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One of the puzzles about why some countries have stronger economic growth than others revolves around the so-called 'middle-income trap', the situation in which a country that has grown strongly gets stuck at a certain level. In this book, Keun Lee explores the reasons why examples of successful catching-up are limited and in particular, why the Asian economies, including China, have managed to move, or are moving, beyond middle-income status but economic growth has stalled in some Latin American countries. This is one of the first studies to demonstrate using patent analysis that the secret lies in innovative systems at the firm, sector and country levels which promote investment in what the author calls 'short-cycle' technologies and thereby create a new path different from that of forerunning countries. With its comprehensive policy framework for development as well as useful quantitative methods, this is essential reading for academic researchers and practitioners.


Språk Engelsk Engelsk Innbinding Innbundet
Utgitt 2013 Forfatter Keun Lee
ISBN 9781107042681
Antall sider 294 Dimensjoner 15,8cm x 23,8cm x 3cm
Vekt 570 gram Leverandør Bertram Trading Ltd
Emner og form Economics