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Some Small Countries Do It Better

Shahid Yusuf, Kaoru Nabeshima




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 | #1993672 in eBooks |  2012-02-16 |  2012-02-16 | File type: PDF

||0 of 0 people found the following review helpful.| Thorough analysis of an alternative development path|By J. I. Uitto|This excellent small book of just 169 pages provides a systematic analysis of evidence pertaining to a particular development path that a group of three small countries—Singapore, Finland and Ireland—followed. I read the book with special curiosity, not only due to a general interest in economic an| |'This book should be read by all the peoples of small and resource-poor countries. The experiences of Singapore, Finland, and Ireland (Sifire) show that it is possible for such countries to overcome their limitations and achieve rapid and sustainable growth. I

Countries worldwide are struggling to imitate the industrial prowess of the East Asian pacesetters, but growth accelerations have proven remarkably transient. Building a portfolio of tradable goods and services and steadily raising the level of investment in these activities, has generally defied the best policy efforts – in particular, bringing investment ratios on par with East Asian averages has presented the greatest challenge. Hence the search is on for growth...

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