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Some small countries do it better : rapid growth and its causes in Singapore, Finland, and Ireland / Shahid Yusuf, Kaoru Nabeshima.

Lippincott Library HC59.3 .Y97 2011
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Format:
Book
Author/Creator:
Yusuf, Shahid, 1949-
Contributor:
Nabeshima, Kaoru.
World Bank.
Language:
English
Subjects (All):
States, Small--Economic conditions.
States, Small.
Economic development--Singapore.
Economic development.
Economic development--Finland.
Economic development--Ireland.
Ireland.
Finland.
Singapore.
Physical Description:
xiii, 169 pages : illustrations ; 23 cm
Place of Publication:
Washington, D.C. : World Bank, [2011]
Summary:
This study of rapid economic growth in small countries examines the recent economic histories of Singapore, Finland, and Ireland (referred to in the text by the acronym sifire) and explores the lessons of their successes and failures as they might be applicable to currently developing nations in Africa and other "late-starting" economies. The text discusses topics related to human capital development, urban networks, and growth driven policies relating to these factors to describe past successes in the subject nations over the past decades and provides analysis relating to more universal applications of the principles responsible for that success in international contexts. The volume includes large amounts of statistical data as well as a collection of detailed appendices on economic growth in the sifire nations. Yusef is a professor of economics at George Washington University and Nabeshima works for the Institute of Developing Economics -Japan External Trade Organization. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com)
Contents:
Chapter 1 Looking for Growth 1
Growth: The Stylized Facts 7
Hunting for Quarks 14
Looking at the "Sifire" Family of Models 21
References 24
Chapter 2 How Sifire Compressed Development 31
Globalization: The Vital Backdrop 32
Old Light 37
Crises and Consequences 39
Investing in Growth 41
Learning and Innovation 43
Creative Cities 47
What Sifire Got Right 48
References 49
Chapter 3 Elements of a Learning Economy 55
Changes in Economic Structure 55
The Rise of High-Tech Exports 59
Education Sector: An Overview 64
Innovation Capabilities 78
Innovation Facilitator 87
Concluding Observations 96
References 97
Chapter 4 Governance and Growth 101
Coordinators 104
Institutions for Growth 109
Power of Urban Networks 111
References 115
Chapter 5 Delivering Quality Education 117
The Power of Quality Education 119
Vocational Training 123
Sustaining Consistent Performance 125
Starting Almost from Scratch: What It Takes 126
References 128
Chapter 6 The Message from Sifire 131
Pragmatic Governance 133
Leveraging Global Markets and General-Purpose Technologies 133
Updating the Sifire Experience 135
Quality of Human Capital 138
Implications for African Countries 140
References 145.
Notes:
Includes bibliographical references and index.
ISBN:
9780821388464
0821388460
9780821389256
0821389254
OCLC:
731913342

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