September 5, 2017Doug Hadden
What do long periods of growth in China, Japan, Singapore, South Korea, Taiwan, and Vietnam tell us? For one thing, these countries experienced long periods of growth through policies counter to development theory. It was not supposed to work this way, but it did. Justin Lin addressed this conundrum earlier today at an Overseas Development Institute seminar: How to Jump Start Developing Economies. Lin described poor outcomes from traditional development theory, and introduced the idea of ‘New Structuralism’.
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