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The art of economic catch-up : barriers, detours and leapfrogging in innovation systems

Author: Keun Lee
Publisher: Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2019.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
In his previous Schumpeter Prize-winning work, Lee analysed the 'middle-income trap', in which a developing country grows strongly only to plateau at a certain point. Yet certain developing countries, most significantly China, have managed to escape this trap. Building on the conception of the ladder from developing to developed countries being kicked way, this book suggests alternative ways, such as 'leapfrogging',  Read more...
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Document Type: Book
All Authors / Contributors: Keun Lee
ISBN: 9781108472876 1108472877 9781108460705 1108460704
OCLC Number: 1083698851
Description: xxiii, 279 pages : illustrations ; 23 cm
Contents: Different mechanisms of growth in poor and rich nations and the narrow pathway in between --
The three detours and capability building --
The detour of promoting big businesses and SMEs during transition --
Flying on a balloon out of the windows of opportunity: why and how to leapfrog --
Recapitulation of the art --
Practicing icing the art in late latecomers.
Responsibility: Keun Lee, Seoul National University.

Abstract:

Lee provides policy solutions for development challenges in non-technical terms, instead framing them with insightful and inventive allegories. The Art of Economic Catch-Up will appeal to anyone  Read more...

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'Economists and policy makers all over the world are eager to understand better the remarkable technological and economic development of Korea, Taiwan, and more recently China from poor backward Read more...

 
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