This book presents development strategies and lessons based on a large range of 'success' countries across the developing world. In addition to the country cases, it presents regional and overall syntheses that cover orthodox vs. heterodox policies; the importance of capability, primary exports, diversification and financing; managing diversity; the role of institutions and governance; and human development.
The book reveals much diversity in successful development strategies offered by the various select countries: for example, the 'disinterested-government' political economy of China; the democratically supported, high-service-sector development approach of India; the 'Washington-Consensus-based' reforms of Ghana and China; the diversification strategies of the United Arab Emirates (UAE), Bahrain and Oman; the dynamic orthodox-heterodox strategy of Malaysia and Vietnam; the effective natural-resource management of Botswana, Oman, Bahrain and the UAE; the social-sector underpinnings of development in Costa Rica and Tunisia; and the democratic political system of managing diversity in India. This refreshing approach to studying development will interest researchers, teachers, students, development practitioners and policymakers alike.
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Augustin K. Fosu is also Visiting Scholar at the University of Ghana-Legon and honorary Research Associate at Oxford University (CSAE) and the University of Manchester (BWPI). Previous positions include: Director (Economic and Social Policy Division) and Senior Policy Advisor /Chief Economist at the UN Economic Commission for Africa and Director of Research at the African Economic Research Consortium. He holds a PhD in economics from Northwestern University. Professor Fosu is co-editor of the Journal of African Economies (Oxford) and serves on the editorial boards of many other journals, including: African Development Review, Journal of Development Studies, Oxford Development Studies, World Bank Economic Review, and World Development.
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