2. Money and Capital in Economic Development

Chapters in this book

1. Frontmatter i
2. THE POLITICAL ECONOMY OF THE AUSTRIAN SCHOOL Series ii
3. Contents v
4. Acknowledgments vii
5. 1. Introduction 1
6. 1. Theory
7. 2. Money and Capital in Economic Development 15
8. 3. The Theory of Economic Development and the "European Miracle'' 37
9. II. Case Studies of Planning
10. 4. The Political Economy of Development in Communist China: China and the Market 61
11. 5. The Failure of Development Planning in India 90
12. 6. The Failure of Development Planning in Africa 146
13. III. The Record on Foreign Aid and Advice
14. 7. The World Bank and the IMF: Misbegotten Sisters 185
15. 8. Does Eastern Europe Need a New (Marshall) Plan? 210
16. IV. The Political Economy of the Asian Miracle
17. IV. The Political Economy of the Asian Miracle 229 9. Industrial Policy as the Engine of Economic Growth in South Korea: Myth and Reality 231
18. 10. The Political Economy of Post-World War II Japanese Development: A Rent-Seeking Perspective 256
19. V. Market Solutions to Economic Development
20. 11. Privatization and Development: The Case of Sri Lanka 289
21. 12. Financial Reform and Economic Development: The Currency Board System for Eastern Europe 310
22. Contributors 327
23. Index 331