Paper $40.95 ISBN: 9781842778814 Published January 2008 For sale in North and South America only
Cloth $144.95 ISBN: 9781842778807 Published January 2008 For sale in North and South America only

Growth Divergences

Explaining Differences in Economic Performance

Edited by José Antonio Ocampo, Jomo K. S., and Rob Vos

Growth Divergences

Edited by José Antonio Ocampo, Jomo K. S., and Rob Vos

Distributed for Zed Books

383 pages | 5.4375 x 8.5
Paper $40.95 ISBN: 9781842778814 Published January 2008 For sale in North and South America only
Cloth $144.95 ISBN: 9781842778807 Published January 2008 For sale in North and South America only
Unlike the 1950s and 1960s, when the rising tide of economic growth lifted most economies, the last three decades have been characterized by a paradox of greater international economic integration as well as divergent economic growth performances. The growing North-South gap of the last two centuries has been moderated recently by the better economic performance of China, India and others in East Asia, implying the expansion of the 'middle income' category.

This volume of analytical studies seeks to explain these major differences in economic performance in recent decades by considering the dynamics of international economic growth, diverging growth rates, economic structures, and sources of demand, successes and collapses in the developing world, and recent episodes of real income stagnation of countries. Several chapters critically review recent misleading claims and the conventional wisdom regarding the relationship of trade liberalization, financial development, development, aid, infrastructure spending, violent conflict, good governance, and industrial policy to economic growth. 
Contents
Preface
1. Understanding Divergences: The Dynamics of International Economic Growth - Richard Kozul-Wright
2. Developing and Transition Economies in the Late 20th Century: Diverging Growth Rates, Economic Structures, and Sources of Demand - Lance Taylor and Codrina Rada
3. The Dual Divergence: Successes and Collapses in the Developing World Since 1980 - J. A. Ocampo and M. A. Parra
4. Growth after Globalisation: A 'Structuralist-Kaldorian' Game of Musical Chairs? - Gabriel Palma
5. Real Income Stagnation of Countries, 1960-2001 - Sanjay Reddy and Camela Minoiu
6. Growth Empirics in a Complex World - Francisco Rodriguez
7. Openness and Growth: What Have We Learned? - Francisco Rodriguez
8. Financial Development and Economic Growth: A Critical View - E. V. K. Fitzgerald
9. Development Aid and Economic Growth: A Positive Long-Run Relation - Sanjay Reddy and Camela Minoiu
10. Have Collapses in Infrastructure Spending Led to Cross-Country Divergence in Per Capita GDP? - Francisco Rodriguez
11. The Conflict-Growth Nexus and the Poverty Of Nations - Mansoob Murshed
12. Governance, Economic Growth and Development since the 1960s - Mushtaq Khan
13. Industrial Policy and Growth - Helen Shapiro
For more information, or to order this book, please visit http://www.press.uchicago.edu
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