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Economics of Development
A dynamic revision of the most modern development economics textbook.
Agricultural Development in China, 1368-1968
Agricultural Development in China explains how China's farm economy historically responded to the demands of a rising population. Dwight H. Perkins begins in the year A.D. 1368, the founding date of the Ming dynasty. More importantly, it marked the end of nearly two centuries of violent destruction and loss of life primarily connected with the rise and fall of the Mongols. The period beginning with the fourteenth century was also one in which there were no obvious or dramatic changes in farming techniques or in rural institutions. The rise in population and hence in the number of farmers made possible the rise in farm output through increased double cropping, extending irrigation systems, an...
From Miracle to Maturity
"The economic growth of South Korea has been a remarkable success story. After the Korean War, the country was one of the poorest economies on the planet; by the twenty-first century, it had become a middle-income country, a member of the Organization of Economic Cooperation and Development (the club of advanced economies), and home to some of the world’s leading industrial corporations. And yet, many Koreans are less than satisfied with their country’s economic performance, given the continuing financial volatility and sluggish growth since the Korean economic crisis of 1997–1998. From Miracle to Maturity offers a comprehensive qualitative and quantitative analysis of the growth of the Korean economy, starting with the aggregate sources of growth (growth of the labor force, the stock of capital, and productivity) and then delving deeper into the roles played by structural change, exports, foreign investment, and financial development. The authors provide a detailed examination of the question of whether the Korean economy is now underperforming and ask, if so, what can be done to solve the problem."
East Asian Development
In the early 1960s, fewer than five percent of Japanese owned automobiles, China's per capita income was among the lowest in Asia, and living standards in South Korea's rural areas were on par with some of the world's poorest countries. Today, these are three of the most powerful economies on earth. Dwight Perkins grapples with both the contemporary and historical causes and consequences of the turnaround, drawing on firsthand experience in the region to explain how Asian countries sustained such rapid economic growth in the second half of the twentieth century. East Asian Development offers a comprehensive view of the region, from Japan and the "Asian Tigers" (Hong Kong, Singapore, Taiwan, ...
Market Control and Planning in Communist China
Author is an alumnus of Evanston Township High School, class of 1952.
The Challenges of China's Growth
"China's economic performance over the past three decades--its rapid growth, economic opening, and strides in poverty alleviation--marks an historic turn that may qualify as one of the great "success stories" of modern economic development. China seems poised for further rapid growth today -- but questions and uncertainties cloud the longer-term horizon. Can China make the institutional changes and policy reforms that will be required to reach significantly higher general levels of productivity and income? Will continuing economic growth unleash unpredictable social or political forces within China? And what will "an economically rising China" -- potentially, a China with the world's largest GDP -- mean for the security of China's neighbors and the international community? Dwight Perkins analyzes these questions and what their resolution will mean for the United States in The Challenges of Chinese Growth, which he delivered as the 2006 Henry Wendt Distinguished Lecture at the American Enterprise Institute." -- p. [4] of cover.
Social Capability and Long-Term Economic Growth
What accounts for the varying long term growth patterns across developing countries? Why were some economies able to achieve sustained and rapid growth in the past three decades, while others failed? In Social Capability and Long-Term Economic Growth, an impressive panel of economists come together to develop a theory of long-term growth, focusing on the dynamic relationship between the social capability to manage scarce resources and long-term growth. Various theoretical issues concerning social capability are explored, and in-depth case-studies of the development experiences of Asian, Latin American, and socialist economies are presented with significant empirical findings. The authors argue that a nation's social capability to efficiently manage human resources is a crucial ingredient for sustaining growth. This study is a serious response to the important question of how a poor developing country can transform itself into a developed one, and its findings offer valuable insight to the development of a long-term growth theory and to economic development policies.
The Cambridge Economic History of China
A comprehensive survey of Chinese economic history from 1800 to the present from an international team of leading experts.
The Korean Economy
"South Korea has been held out as an economic miracle—as a country that successfully completed the transition from underdeveloped to developed country status—and as an example of how a middle-income country can continue to move up the technology ladder into the production and export of more sophisticated goods and services. But with these successes have come challenges, among them poverty, inequality, long work hours, financial instability, and complaints about the economic and political power of the country’s large corporate conglomerates, or chaebol. The Korean Economy provides an overview of Korean economic experience since the 1950s, with a focus on the period since democratization...
Building for Oil
"Building for Oil is a historical account of the development of the oil town of Daqing in northeastern China during the formative years of the People’s Republic, describing Daqing’s rise and fall as a national model city. Daqing oil field was the most profitable state-owned enterprise and the single largest source of state revenue for almost three decades, from the 1950s through the early 1980s. The book traces the roots and maturation of the Chinese socialist state and its early industrialization and modernization policies during a time of unprecedented economic growth. The metamorphosis of Daqing’s physical landscape in many ways exemplified the major challenges and changes taking pl...
