Making poor nations rich : entrepreneurship and the process of economic development
Author(s)
Bibliographic Information
Making poor nations rich : entrepreneurship and the process of economic development
Stanford Economics and Finance an imprint of Stanford University Press, c2008
- : cloth
- : pbk
Available at / 15 libraries
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National Graduate Institute for Policy Studies Library (GRIPS Library)
: cloth335.13||P8701159540
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Library, Institute of Developing Economies, Japan External Trade Organization図
: pbkC||338.93||M116800559
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Note
"Published in association with the Independent Institute"
"Foreword by Deepak Lal"--Cover
Includes bibliographical references and index
Description and Table of Contents
Description
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.
Table of Contents
PART I Institutions and Entrepreneurship 2 Big Bills Left on the Sidewalk: Why Some Nations Are Rich, and Others Poor Mancur Olson Jr. 25 3 Entrepreneurship and Economic Growth Randall G. Holcombe 54 4 Entrepreneurship: Productive, Unproductive, and Destructive William J. Baumol 79 5 Economic Freedom and Property Rights: The Institutional Environment of Productive Entrepreneurship Robert A. Lawson 112 PART II Failures in Entrepreneurial Development 6 The African Development Conundrum George B. N. Ayittey 137 7 The Case of Latin America Alvaro Vargas Llosa 189 8 Entrepreneurship or Entremanureship? Digging Through Romania's Institutional Environment for Transition Lessons Peter J. Boettke, Christopher]. Coyne, and Peter T. Leeson 223 9 Sweden's Slowdown: The Impact of Interventionism on Entrepreneurship Dan Johansson 250 PART III Reform and Success in Entrepreneurial Development 10 China's March Toward the Market James A. Dorn 283 11 India: The Elephant in the Age of Liberation Parth J. Shah and Renuka Sane 309 12 Economic Freedom and Growth: The Case of the Celtic Tiger Benjamin Powell 342 13 Why Have Kiwis Not Become Tigers? Reforms, Entrepreneurship, and Economic Performance in New Zealand Frederic Sautet 364 14 Look, Botswana: No Hands! Why Botswana's Government Should Let the Economy Steer Itself Scott A. Beaulier 396
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