Description
Book SynopsisThe 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.
Table of ContentsPreface 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
