Making Poor Nations Rich: Entrepreneurship and the Process of Economic Development
Language: English
Published by Stanford University Press, 2007
- Softcover
- New
Seller: Kennys Bookstore, Olney, MD, U.S.A.Kennys Bookstore
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Condition: New
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Add to basketItem description from seller
Making Poor Nations Rich illustrates the importance of institutions that support economic freedom and private property rights for promoting the form of productive entrepreneurship that leads to sustained increases in countries' standard of living. Editor(s): Powell, Benjamin. Num Pages: 480 pages, 35 tables, 24 figures, 1 map. BIC Classification: 1QFG; KCM. Category: (G) General (US: Trade). Dimension: 228 x 154 x 26. Weight in Grams: 662. . 2007. Paperback. . . . . Books ship from the US and Ireland.
Seller Inventory # V9780804757324
- Title
- Making Poor Nations Rich: Entrepreneurship and the Process of Economic Development
- Author
- Benjamin Powell (Ed.)
- Publisher
- Stanford University Press
- Publication year
- 2007
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 0804757321
- ISBN 13
- 9780804757324
Why do some nations become rich while others remain poor? Traditional mainstream economic growth theory has done little to answer this question―during most of the twentieth century the theory focused on models that assumed growth was a simple function of labor, capital, and technology. Through a collection of case studies from Asia and Africa to Latin America and Europe, Making Poor Nations Rich argues for examining the critical role entrepreneurs and the institutional environment of private property rights and economic freedom play in economic development.
Making Poor Nations Rich begins by explaining how entrepreneurs create economic growth and why some institutional environments encourage more productive entrepreneurship than others. The volume then addresses countries and regions that have failed to develop because of barriers to entrepreneurship. Finally, the authors turn to countries that have developed by reforming their institutional environment to protect private property rights and grant greater levels of economic freedom.
The overall lesson from this volume is clear: pro-market reforms are essential to promoting the productive entrepreneurship that leads to economic growth. In countries where this institutional environment is lacking, sustained economic development will remain illusive.
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Kennys Bookstore
Olney, MD, U.S.A.
AbeBooks seller since October 9, 2009
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