Economic development : a regional, institutional, and historical approach /

i ntduction ton Economic Development 3
G o th Versus Development 5
I story of Development Theory 12
( hsmges in Rece Deve opment Thinking 27
h4t Lessons [ave We Learned and Where Do We Go
Hon Herer 31
Kcy 'Terms 32
R %.rences 33
Appendix: An Alternativ.- Explanation o the Neoclassical
C rowth Model 35
2. uropean E mergence 39
(f th Diuring the Industrial Reolution 40
Agr icultural Growth 42
Proindus,triSalization and Trade 46
Exploitm l n and S lvery 49
The EvoIltion and Role of Political institutions 54
"Cul-ne and Nationali sm 60
C.loire and ichn ology 64
Wat. r Ie Have Learned 67
KRcv Tenms 69
Re erenc es 69
3. East Asian Experience 73
Early Experiences of Japan and China 75
Catching Up: A Neoclassical View 83
Catching Up: A Role for the State 88
Calching Up: Japanese Success 94
Catching Up: Early Chinese Failure 9q
Taiwan and Korea 103
What We Have Learned 110
Key Terms i 1
ReferenceS 11
Appendi 113
4. Sub-Saharan Africa 117
Precolonial Period 118
The Colonial Era 120
PatTon-Client Political Structure 124
Urban-biased Policy 129
Urban Bias and Migration 130
Risk Management and Lineage Groups 134
Lineage Groups. Fertility and the Demographic Tansiion 139
The Failed State 143
Botswana: A Success Sory 145
What We Hae Learned 149
Key Terms 150
References t50
5. South Asia 153
Preindepen dence India 155
India After Independence 159
A Theoretical Framework 167
Population Growth and Unemployment 174
Poverty 178
"Dependence on Agriculture 179
Religion and Caste 18I
Gender Bias 183
Education 187
What We Have Learned 1 9
Key Terms 19 "
References ?'9
* L rneric a 97
Ah EeCenc of Spain 197
bh Colon o I, Period 200
eieende:cet and Trade . 202
ExpolL Ewansiom aMnd Growth 203
Imapnrt- s iiuition lIndustrial ization 205
C,/NLlizafion and due International NMonetary Fund 208
igalyiLion 214t+
Soi,,1n thn e ConmirHnent Prohlem 217
c n : "e il 220
7 TaIhdde I st a: d North Africa 225
Ei:arI Economy in the Precolonial Era 225
hc Preclonial and Colonia Eras 228
nhe Emwergence o Nation-States 21
Pe trolem Exports and lhe Petroa u m Exporters 232
"Petro um and NonpctrA umr Ex porters in MENA 239
What XW I-ave Le.arned 246
Kev n erm 247
leerenccs 248
c conmn tes 1n Transition- Socialist to Market 251
Ec,onnic Systems 253
Economic Performance of Socialismi f 255
Some Anaiysis on Transition 259
he Russian Experience 264
i fiv, (h,-Ies: Exp eieincL 26
ExwrLltion Tfor Dif ferern R oi.) n Paths 272
,u;inablie Growth 273
"tr LenCe ned 287
Con, lons Wcat Heave eLeare 290
rAoaresen ce 291
Impact of Colonization 291
Role of the State 293
Role of Democracy 296
Tying It Al Together 299
Key Terms .299
References 300