Poverty Reduction in Developing Countries
No consensus but plenty of solutions
Michael Chibba
Volume 9, Number 1, 2008, pages 197 - 200
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Growth Strategies and Dynamics
Insights from country experiences
Mohamed A. El-Erian & A. Michael Spence
Volume 9, Number 1, 2008, pages 57 - 96
The paper examines the challenges that developing countries face in accelerating and sustaining growth. The cases of China and India are examined to illustrate a more general phenomenon which might be called model uncertainty. As a developing economy grows, its market and regulatory institutions cha ... Read more
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Asian Drama
The pursuit of modernisation in India and Indonesia
Tim Lankester
Volume 5, Number 3, 2004, pages 75 - 93
The now largely forgotten book Asian Drama: An Inquiry into the Poverty of Nations
by Swedish social scientist Gunnar Myrdal was published in 1968. Myrdal called
his book “Asian Drama” because of the tensions he saw being played out in Asia
between modern ideals and the traditional. But th ... Read more
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The Quest for Development
What role does history play?
Areendam Chanda & Louis Putterman
Volume 5, Number 2, 2004, pages 1 - 31
It may be no coincidence that those countries that grew most rapidly in the late
twentieth century—including South Korea, China, and, of late, India—were
relatively developed civilizations when Western Europe began its overseas
expansion five centuries ago. In this article the authors explore the ... Read more
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Exchange Rate Regimes
Is there a third way?
Vijay Joshi
Volume 4, Number 4, 2003, pages 15 - 36
This paper argues that (a) for many developing countries, the optimal external
payments regime would be a combination of an intermediate exchange rate with
capital controls and (b) the policy stance and advice of the IMF should reflect
this judgement. The paper uses India as a case study to illus ... Read more
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A Decade of Trade Reforms in India
How it compares with East Asia
Ramkishen S. Rajan & Rahul Sen
Volume 3, Number 4, 2002, pages 87 - 100
This paper summarises recent trade reforms in India and documents the extent
to which the country has integrated with the global trading system. The paper
argues that India has made important strides since the initiation of reforms in
1991. Although it lags significantly behind most of East Asia ... Read more
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