The Flexible Economy: Causes and Consequences of the Adaptability of National Economies

by Tony Killick

Overview

The accelerating pace of global change demands that economies must be adaptable. Economies which are flexible flourish, as in Eastern Asia. Inflexible economies stagnate, as in Eastern Europe and Africa. However even though adaptability governs the long-term progress of economies, economists have had little to say about the nature and determinants of economic flexibility. This book redresses that situation. A prestigious team of contributors address the key theoretical and empirical issues, using a wide range of country studies.

Product Details

ISBN-13:	9780415117760
Publisher:	Taylor & Francis
Publication date:	12/08/1994
Pages:	424
Product dimensions:	6.12(w) x 9.19(h) x (d)

About the Author

Tony Killick is Senior Research Fellow and former Director of the Overseas Development Institute, London, and Visiting Professor of the University of Surrey.

Table of Contents

Preface 1 RELEVANCE, MEANING AND DETERMINANTS OF FLEXIBILITY 2 FLEXIBILITY AND LONG-TERM ECONOMIC DEVELOPMENT 3 FLEXIBILITY IN ECONOMIC THEORY 4 ECONOMIC ADAPTABILITY IN THE LONG TERM 5 ADAPTING THE ECONOMIES OF EASTERN EUROPE: BEHAVIOURAL AND INSTITUTIONAL ASPECTS OF FLEXIBILITY 6 ECONOMIC INFLEXIBILITY IN AFRICA: EVIDENCE AND CAUSES 7 EXPLAINING ‘FLEXIBLE RIGIDITIES’ IN EAST ASIA 8 A COMPARATIVE STUDY OF FLEXIBILITY IN THE RESPONSE OF NATIONAL ECONOMIES TO THE OIL[1]PRICE SHOCKS 9 INDUSTRIAL ADAPTATION AND TECHNOLOGICAL CAPABILITIES IN DEVELOPING COUNTRIES 10 FLEXIBILITY IN FINANCE