Includes bibliographical references (pages 201-207) and index.
Contents:
Centrally planned and administered economy and steep ascent strategy a complete failure -- Development economics-based strategy in less developed countries an incomplete failure -- A shift toward better understood (and appreciated) classical economic prescriptions an incomplete success -- Industrialization : the first major phase of structural transformation -- The shift to human capital-intensive market services : the second major phase of structural transformation -- Russia and China : some historical as well as performance similarities (up to a point...) -- India and Brazil : two perennial "great potentials".
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