Strategies Of Economic Development

The core of this book analyzes the six most widely adopted strategies of development, containing a blend of economic theory, statistical evidence, a new introduction and numerous country case studies.

Provides an agenda for future work on activities to improve understanding of innovation strategies in the medium and short term.

China is a powerful engine of the global economy and the country's rise is undoubtedly the outcome of its protracted campaign of designing and implementing national development strategies since the founding of the People's Republic of China in 1949. This book reviews the transformation and innovation of China's economic development strategies, especially Deng Xiaoping's Three-Step strategy and Xi Jinping's internal and external strategies. By introducing the concept of strategic paradigm, it analyzes the theoretical basis of myriads of economic development strategies and predicts China's choice. With the evolutionary process and the outstanding problems in national development planning as the main thread, it discusses the improvement of the national planning system, specifically of the national overall planning system, the regional planning system, the interplay and conflict between regional planning. It also studies the reform of city-county planning system, major function-oriented zones (MFOZs) and planning legislation and institutionalization. It also attempts to put forward proposals to coordinate the interests of planning departments and make different types of planning at different administrative levels compatible.

Comprehensive treatment of local economic development. Covers theory (classic and modern); tools (financing, tax policy, nonfinancial assistance); business attraction and retention; business creation (tools and current issues); the influence of high technology and education; and how to understand and evaluate the development readiness of each local environment. Detailed case studies highlight successful programs and also describe in detail the specific problems, challenges, and local realities that every development professional faces. Presents business-friendly innovations such as infrastructure improvements, site development, and training assistance. What is the role of government? What are the best targets for development? What is the importance of innovation? This book clarifies why each jurisdiction adopted the strategies it did and it presents the consequences of those strategies. Glossary and select bibliography.

The question of alternative strategies for economic development is the subject of great controversy and intense debate amongst practitioners and academics concerned with economic and social progress in the Third World. The core of this book is an analysis of the six most widely adopted strategies of development namely monetarism, the open economy, industrialisation, the green revolution or agriculture-led development, redistributive strategies of development and socialist strategies.

The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.