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Catching Up: The Limits of Rapid Economic Development [Paperback]

Vladislav L. Inozemtsev (Author)

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August 19, 2004 0765808412 978-0765808417

Disparities between the economic development of nations have widened throughout the twentieth century, and they show no sign of closing. In the nineteenth century, the economic potential of developed countries was three times that of the rest of the world. Today the gap is twenty times greater, and the trend is increasing. In this provocative reexamination of theories of accelerated development, or "catching up," Vladislav L. Inozemtsev traces the evolution of thinking about how countries lagging behind can most swiftly move forward, and assesses their prospects for success in this effort. Inozemtsev reviews the experience of the Soviet Union, as well as the recent experience of Japan, China, and Southeast Asia. He finds that those countries that have moved forward most rapidly have successfully adapted new technology to old processes. But even then, they face daunting odds, as they grapple with the need to change their population's ideas and behavior. And in the 1990s, their rates of development have noticeably declined. "Catching Up" assesses prospects for successful application of theories of accelerated development in the global economy. Inozemtsev's pessimistic conclusion is that rapid industrial progress is not achievable in the information society of the twenty-first century. Inozemtsev reaches this conclusion after reviewing theories of accelerated development thinking from the diverse viewpoints of the 1940s and 1950s, to the more intensive ideological polarization of the 1960s. Inozemtsev believes it will be impossible for non-Western nations to "catch up" with the West because of their inability to generate or control information and knowledge. "Inozemtsev provides an intriguing look at the prospects for development in the industrializing countries. Some of Inozemtsev's ideas will be controversial, to say the least, but he succeeds in raising interesting questions concerning why development is uneven and, in some cases, apparently unsustainable. Recommended."--Choice "Inozemtsev's pessimistic conclusion is that rapid industrial progress is not achievable in the information society of the twenty-first century. He believes it will be impossible for non-Western nations to "catch up" with the West because of their inability to generate or control information and knowledge. In Catching Up, he provides a rational explanation of why the "catching up" development doctrine which, in various forms, has become on of the outgoing century's most popular social theories no longer makes scientific and practical sense as we are approaching a new landmark in human history and ought, therefore, to be abandoned by Russia and the world at large. It is a provocative and thoughtful reexamination of theories of accelerated development...that traces the evolution of thinking about how countries lagging behind can most swiftly move forward, and assess their prospects for success in this effort." SirReadaLot.org Vladislav L. Inozemtsev is professor of economics at Moscow State University and director of the Moscow-based Centre for Post-Industrial Research. He is author of The Constitution of Post Economic State and One World Divided.


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