Beating the Odds

Justin Yifu Lin, Célestin Monga

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Author
Justin Yifu Lin, Célestin Monga
Publish Date
2019-08-27
Subtitle
Jump-Starting Developing Countries
Book Type
Paperback
Number of Pages
384
Publisher Name
Princeton University Press
ISBN-10
0691192332
ISBN-13
9780691192338
citemno
227661
Subject
Economics
SKU
9780691192338

Description

How poor countries can ignite economic growth without waiting for global action or the creation of ideal local conditions

Countries that ignite a process of rapid economic growth almost always do so while lacking what experts say are the essential preconditions for development, such as good infrastructure and institutions. In Beating the Odds, two of the world's leading development economists begin with this paradox to explain what is wrong with mainstream development thinking—and to offer a practical blueprint for moving poor countries out of the low-income trap regardless of their circumstances.