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Development Questions for 25 Years

Author

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  • Lance Taylor

Abstract

Recent growth experience in developing countries is reviewed, with an emphasis on structural change and sources of effective demand. How policy influences such outcomes is analyzed in light of historical experience. Options are discussed for macro and industrial/commercial policy, and how they may influence the growth process. The recent 'institutional turn' in development theory may obfuscate serious policy analysis.

Suggested Citation

  • Lance Taylor, 2006. "Development Questions for 25 Years," WIDER Working Paper Series RP2006-14, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:rp2006-14
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    File URL: https://www.wider.unu.edu/sites/default/files/rp2006-14.pdf
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