Table of Contents

Preface 1. Understanding Divergences: The Dynamics of International Economic Growth - Richard Kozul-Wright 2. Developing and Transition Economies in the Late 20th Century: Diverging Growth Rates, Economic Structures, and Sources of Demand - Lance Taylor and Codrina Rada 3. The Dual Divergence: Successes and Collapses in the Developing World Since 1980 - J. A. Ocampo and M. A. Parra 4. Growth after Globalisation: A 'Structuralist-Kaldorian' Game of Musical Chairs? - Gabriel Palma 5. Real Income Stagnation of Countries, 1960-2001 - Sanjay Reddy and Camela Minoiu 6. Growth Empirics in a Complex World - Francisco Rodriguez 7. Openness and Growth: What Have We Learned? - Francisco Rodriguez 8. Financial Development and Economic Growth: A Critical View - E. V. K. Fitzgerald 9. Development Aid and Economic Growth: A Positive Long-Run Relation - Sanjay Reddy and Camela Minoiu 10. Have Collapses in Infrastructure Spending Led to Cross-Country Divergence in Per Capita GDP? - Francisco Rodriguez 11. The Conflict-Growth Nexus and the Poverty Of Nations - Mansoob Murshed 12. Governance, Economic Growth and Development since the 1960s - Mushtaq Khan 13. Industrial Policy and Growth - Helen Shapiro

Promotional Information

Features analytical studies that seek to explain the major differences in economic performance by considering the dynamics of international economic growth, diverging growth rates, economic structures, and sources of demand, successes and collapses in the developing world, and the episodes of real income stagnation of various countries.

About the Author

The editors are all colleagues at the United Nations Secretariat's Department of Economic and Social Affairs: JOSE ANTONIO OCAMPO is the Under-Secretary General for Economic and Social Affairs, JOMO K. S. is Director of Economic Development and ROB VOS is Director of the Development Policy and Analysis Division.