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Some Small Countries Do It Better : Rapid Growth and Its Causes in Singapore, Finland, and Ireland

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Author Info

  • Shahid Yusuf
  • Kaoru Nabeshima

Abstract

This book is an outcome of a series of study visits to Singapore for African policy makers initiated by Jee-Peng Tan in 2005 with support from Tommy Koh in Singapore and Birger Fredriksen, Yaw Ansu, and Dzingai Mutumbuka at the World Bank. Starting in the 1960s-earlier if Japan is included-a number of East Asian economies began achieving growth rates well above the average and were able to maintain that pace until nearly the end of the 1990s. Countries, large and small, have struggled to imitate the industrial prowess of the East Asian pacesetters and to exploit the opportunities presented by globalization to expand exports. But approximating the East Asian benchmarks has proven difficult, and growth accelerations have tended to be remarkably transient.

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File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/2243/668140PUB0EPI0067848B09780821388464.pdf?sequence=1
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Bibliographic Info

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This book is provided by The World Bank in its series World Bank Publications with number 2243 and published in 2012.

ISBN: 978-0-8213-8846-4
Handle: RePEc:wbk:wbpubs:2243

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Web page: https://openknowledge.worldbank.org
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Related research

Keywords: Information and Communication Technologies - ICT Policy and Strategies Private Sector Development - E-Business Technology Industry Macroeconomics and Economic Growth - Economic Theory & Research Environment - Environmental Economics & Policies Industry;

References

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  1. Breznitz, Shiri M. & Tahvanainen, Antti-Jussi, 2010. "Cluster Sustainability in Peripheral Regions: A case study on Israel's and Finland's biotechnology industries," Discussion Papers, The Research Institute of the Finnish Economy 1212, The Research Institute of the Finnish Economy.
  2. Raphael Anton Auer, 2010. "Are Imports from Rich Nations Deskilling Emerging Economies? - Human Capital and the Dynamic Effects of Trade," Working Papers, Swiss National Bank 2010-18, Swiss National Bank.
  3. Patrick Honohan & Brendan Walsh, 2002. "Catching Up with the Leaders: The Irish Hare," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, Economic Studies Program, The Brookings Institution, vol. 33(1), pages 1-78.
  4. Aghion, Philippe & Dewatripont, Mathias & Hoxby, Caroline & Mas-Colell, Andreu & Sapir, Andreu, 2010. "The governance and performance of universities: evidence from Europe and the US," Scholarly Articles, Harvard University Department of Economics 12502061, Harvard University Department of Economics.
  5. Phillip Toner, 2011. "Workforce Skills and Innovation: An Overview of Major Themes in the Literature," OECD Education Working Papers, OECD Publishing 55, OECD Publishing.
  6. Thomas Kemeny, 2011. "Are international technology gaps growing or shrinking in the age of globalization?," Journal of Economic Geography, Oxford University Press, Oxford University Press, vol. 11(1), pages 1-35, January.
  7. Phillip Toner, 2011. "Workforce Skills and Innovation: An Overview of Major Themes in the Literature," OECD Science, Technology and Industry Working Papers, OECD Publishing 2011/1, OECD Publishing.
  8. Francesco Daveri & Olmo Silva, 2004. "Not only Nokia: what Finland tells us about "new economy" growth," Economic Policy, CEPR;CES;MSH, CEPR;CES;MSH, vol. 19(38), pages 117-163, 04.
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Citations

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Cited by:
  1. Smita Kuriakose, 2013. "Fostering Entrepreneurship in Armenia," World Bank Publications, The World Bank, The World Bank, number 15783, February.
  2. World Bank, 2011. "Fostering Technology Absorption in Southern African Enterprises," World Bank Publications, The World Bank, The World Bank, number 2356, August.
  3. Hosono, Akio, 2013. "Industrial Strategy And Economic Transformation:," Working Papers, JICA Research Institute 1002, JICA Research Institute.

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