Economic Growth in Developing Countries Structural Transformation, M
Economic growth across countries during the last 30 years or so has displayed 'dual' divergence between developed and developing countries, and among developing countries. The structural transformation has been either slow or of an anomalous nature. The s
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Economic Growth in Developing Countries Structural Transformation, Manufacturing and Transport Infrastructure Mohan L. Lakhera
© Mohan L. Lakhera 2016 Softcover reprint of the hardcover 1st edition 2016 978-1-137-53806-2 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No portion of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, Saffron House, 6–10 Kirby Street, London EC1N 8TS. Any person who does any unauthorized act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The author has asserted his right to be identified as the author of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2016 by PALGRAVE MACMILLAN Palgrave Macmillan in the UK is an imprint of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan in the US is a division of St Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries.
ISBN 978-1-349-55922-0 DOI 10.1057/9781137538079
ISBN 978-1-137-53807-9 (eBook)
This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. Logging, pulping and manufacturing processes are expected to conform to the environmental regulations of the country of origin. A catalogue record for this book is available from the British Library. Library of Congress Cataloging-in-Publication Data Lakhera, Mohan L., 1936– Economic growth in developing countries : structural transformation, manufacturing and transport infrastructure pages cm Includes bibliographical references. 1. Developing countries—Economic policy. 2. Economic development—Developing countries. 3. Transportation— Developing countries. I. Title. HC59.7.L3172 2015 2015013155 338.9009172 4—dc23
Contents
List of Figures
viii
List of Tables
xi
List of Boxes
xiii
Preface
xiv
Acknowledgements
xvi
List of Abbreviations
xvii
1 Introduction: Towards an Explanation of the Uneven Growth Experiences 1.1 Context and motivation 1.2 Uneven growth – broad empirical results 1.3 Major goals 1.4 Chapter planning – contents 1.5 Design and methodology
1 1 4 16 18 22
2 Determinants of Economic Growth in Developing Economies 2.1 Introduction 2.2 Theoretical discussion: a brief survey 2.3 The ‘miracle’ economies’ approaches 2.4 Identification of potential economic determinants 2.5 The econometric model 2.6 Concluding remarks
24 24 24 31 39 41 52
3 Growth and Struc
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