Polterovich, Victor and Popov, Vladimir (2006): Эволюционная теория экономической политики: Часть I: Опыт быстрого развития. Published in: Voprosy ekonomiki No. 7 (2006): pp. 4-23.
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Abstract
This article presents the first part of the work on how instruments and methods of the growth promotion should change as a country approaches the level of advanced economies in terms of welfare and the quality of institutions. We describe the evolution of economic policies in Western countries and also in countries that became known as "economic miracles" during their catch up development. Our analysis allows to trace the major directions of such evolution: from import substitution to export orientation, from regulation of import tariffs to non-selective policy of the real exchange rate undervaluation, from import of technology to domestically based research and development, from creation of large companies to support of small and medium-size firms.
Item Type: | MPRA Paper |
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Original Title: | Эволюционная теория экономической политики: Часть I: Опыт быстрого развития |
English Title: | An Evolutionary Theory of Economic Policy: Part I: The Experience of Fast Development |
Language: | Russian |
Keywords: | economic growth; institutions; "economic miracles" |
Subjects: | O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O10 - General |
Item ID: | 22168 |
Depositing User: | Victor Polterovich |
Date Deposited: | 18 Apr 2010 06:45 |
Last Modified: | 27 Sep 2019 09:57 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/22168 |