
Some Small Countries Do It Better
Rapid Growth and Its Causes in Singapore, Finland and Ireland
World Bank Publications (Publisher)
Published on 29. February 2012
Book
Paperback/Softback
152 pages
978-0-8213-8846-4 (ISBN)
Description
Countries worldwide are struggling to imitate the industrial prowess of the East Asian pacesetters, but growth accelerations have proven remarkably transient. Building a portfolio of tradable goods and services and steadily raising the level of investment in these activities, has generally defied the best policy efforts - in particular, bringing investment ratios on par with East Asian averages has presented the greatest challenge. Hence the search is on for growth recipes not so tightly bound to investment, to manufacturing activities, and to the export of manufactured products. In casting around for such recipes validated by demonstrated results, the experience of economies which have relied more on other drivers of growth - human capital and knowledge - is highly attractive. Finland and Ireland are among the tiny band of small nations that grew rapidly for well over a decade by achieving the maximum mileage from an adequate investment in physical assets and by harnessing the potential of human capital and technologies.
More details
Language
English
Place of publication
Washington
United States
Target group
Professional and scholarly
Product notice
Paperback (trade)
Dimensions
Height: 229 mm
Width: 152 mm
Thickness: 10 mm
Weight
258 gr
ISBN-13
978-0-8213-8846-4 (9780821388464)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification