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New Structural Economics: A Framework for Rethinking Development and Policy (World Bank Publications) 1st Edition

4.5 out of 5 stars 2 customer reviews
ISBN-13: 978-0821389553
ISBN-10: 0821389556
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Editorial Reviews

Review

'New Structural Economics is a truly important and ambitious book. Justin Lin, with some help from other distinguished scholars, has succeeded in laying out the complex structural microeconomic dynamics of economic growth, diversification and development, and in capturing the crucial complementary roles of government as investor, regulator, coordinator of activity and expectations, and guide. All of this is set in a global economy that is itself in the midst of massive structural change. This book will become an essential reference for scholars and for policy makers not only in developing countries, but also, increasingly, in developed countries.' --Michael Spence, William R. Berkley Professor in Economics and Business, New York University Leonard N. Stern School of Business; 2001 Nobel Prize in Economics

'This splendid collection of essays, by one of the world's outstanding experts on economic development, puts to work a newly emerging view, which he has helped to shape, of why in recent decades some countries have prospered while others have languished. Lin's focus is on countries that were all economically underdeveloped six decades ago, but his analysis offers strong hints about future prospects of the rich world as well. His style is dispassionate and unadorned by drama, which makes the essays all the more moving and illuminating.' --Sir Partha Dasgupta, Frank Ramsey Professor Emeritus of Economics, University of Cambridge
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Product Details

  • Series: World Bank Publications
  • Paperback: 384 pages
  • Publisher: World Bank Publications; 1 edition (January 6, 2012)
  • Language: English
  • ISBN-10: 0821389556
  • ISBN-13: 978-0821389553
  • Product Dimensions: 6 x 0.8 x 9 inches
  • Shipping Weight: 1.2 pounds (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #866,489 in Books (See Top 100 in Books)

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New Structural Economics is an innovative book, it reviews the evolution of development thinking, shows how the New Structural Economics complements previous thinking on development and growth. But what is really useful for policy makers is what the author calls the Growth Identification and Facilitation Framework which lays out a step by step approach for policy makers to facilitate structural change, it uses some examples on the subject. I highly recommend this book for courses and for policy makers.
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It is a very important book in the field of Development Economics. It provides an approach to development different of the ortodox point of view.
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