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Schumpeterian Analysis of Economic Catch-up


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 | #1787321 in eBooks |  2013-10-31 |  2013-10-23 | File type: PDF

|| |'Based on convincing theoretical and empirical analyses, Professor Lee argues that Korea and Taiwan's success hinges on their shift, after reaching middle-income status in the 1980s, to specialize on shorter cycle technology-based sectors, which rely less on e

One of the puzzles about why some countries have stronger economic growth than others revolves around the so-called 'middle-income trap', the situation in which a country that has grown strongly gets stuck at a certain level. In this book, Keun Lee explores the reasons why examples of successful catching-up are limited and in particular, why the Asian economies, including China, have managed to move, or are moving, beyond middle-income status but economic growth has stal...

You easily download any file type for your device.Schumpeterian Analysis of Economic Catch-up   |  Keun Lee.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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