This paper highlights the importance of knowledge for long-term economic growth. It presents the concept of the knowledge economy, an economy where knowledge is the main engine of economic growth. The...
While China made impressive achievements in economic growth, and poverty reduction over the last quarter century, it now faces daunting, internal challenges, such as ensuring employment to millions over...
This paper reviews industrialization policies that have been employed in developing economies, especially the Asian NICs (newly industrialized countries). The paper assesses which policies have worked...
During the late 1960s and most of the 1970s, Brazil was one of the fastest growing economies in the world. Yet in the past decade, output growth of Brazilian industry has slowed significantly. Many reasons...
Thailand's growth in the last three years has been impressive. GDP growth rates have been 8.4 percent, 11 percent, and 10.5 percent for years 1987-89 respectively. Export growth rates have been 28.7 percent...
Technological development usually is not associated with the industrialization of developing countries because intervention plays only a minor part. However, industrialization adds to the variety of products...