The Next Convergence : The Future of Economic Growth in a Multispeed World By Spence, Michael Publisher : Picador USA Published Date : 2012/08 Binding : Paperback ISBN : 9781250007704 BookWeb Price : MYR 59.90 Kinokuniya Privilege Card member price : MYR 53.91 Availability Status : Our fulfillment centre has the item in stock. Usually dispatches within 3 working days. Language : English

 
Preface                                            xi
Introduction                                       3  (8)
  PART ONE THE GLOBAL ECONOMY AND DEVELOPING
  COUNTRIES
    1 1950: The Start of a Remarkable Century      11 (4)
    2 Static Views of a Changing World             15 (3)
    3 Postwar Changes in the Global Economy        18 (8)
    4 The Origins of the Global Economy            26 (5)
    5 Economic Growth                              31 (11)
    6 Common Questions About the Developing        42 (11)
    World and the Global Economy
  PART TWO SUSTAINED HIGH GROWTH IN THE
  DEVELOPING WORLD
    7 The High-Growth Developing Countries in      53 (3)
    the Postwar Period
    8 The Opening of the Global Economy            56 (2)
    9 Knowledge Transfer and Catch-up Growth in    58 (6)
    Developing Countries
    10 Global Demand and Catch-up Growth           64 (5)
    11 The Internal Dynamics of Sustained High     69 (2)
    Growth
    12 Key Internal Ingredients of Sustained       71 (18)
    High-Growth Recipes
    13 Opening Up: An Issue of Speed and           89 (3)
    Sequencing
    14 The Washington Consensus and the Role of    92 (5)
    Government
    15 Managing One's Currency in the Course of    97 (3)
    Growth
    16 The Middle-Income Transition                100(4)
    17 The Political, Leadership, and              104(8)
    Governance Underpinnings of Growth
    18 Low-Growth Economies in the Developing      112(4)
    World
    19 Natural Resource Wealth and Growth          116(4)
    20 The Challenge for Small States              120(2)
    21 The Adding-Up Problem                       122(9)
  PART THREE THE CRISIS AND ITS AFTERMATH
    22 Emerging Markets During and After the       131(9)
    Global Crisis
    23 Instability in the Global Economy and       140(8)
    Lessons from the Crisis
    24 Stimulus in the Crisis and the Need for     148(2)
    Cooperative Behavior
    25 Rebalancing the Global Economy and Its      150(11)
    Consequences for Growth
    26 The Excess-Savings Challenge in China       161(5)
    27 The Openness of the Global System and       166(3)
    the WTO
    28 Legacies of the Crisis: Slow Growth and     169(5)
    Sovereign-Debt Issues in Advanced Countries
    29 Periodic Systemic Risk and Investment       174(13)
    Behavior
  PART FOUR THE FUTURE OF GROWTH
    30 Can the Emerging Economies Sustain High     187(4)
    Growth?
    31 China and India                             191(3)
    32 China's Structural Challenges               194(5)
    33 India's Growth, Diversification, and        199(4)
    Urbanization
    34 Brazil's Growth Reset                       203(3)
    35 Energy and Growth                           206(3)
    36 The Challenge of Climate Change and         209(13)
    Developing-Country Growth
    37 Information Technology and the              222(22)
    Integration of the Global Economy
    38 European Integration and Transnational      244(3)
    Governance
    39 Global Governance in a Multispeed World     247(13)
    40 The G20, the Advanced Countries, and        260(10)
    Global Growth
    41 Sustaining Growth: The Second Half          270(5)
    Century of Convergence
Notes                                              275(8)
Index                                              283