No Miracle

No Miracle

What Asia Can Teach All Countries About Growth

eBook - 2012
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No Miracle examines the role of institutions in bridging the 'digital divide' between rich and poor nations and what that means for the country's integration into a global economy. Shifting the debate from whether institutions are important to economic development to which institutions are important and how to build them, Mitchell Wigdor expertly addresses fundamental shortcomings in the existing development literature by identifying specific institutions that mediate the relationship between Information and Communications Technology (ICT) and economic growth.

Taylor
& Francis Publishing

No Miracle examines the role of institutions in bridging the 'digital divide' between rich and poor nations and what that means for the country's integration into a global economy. Shifting the debate from whether institutions are important to economic development to which institutions are important and how to build them, Mitchell Wigdor expertly addresses fundamental shortcomings in the existing development literature by identifying specific institutions that mediate the relationship between Information and Communications Technology (ICT) and economic growth. In doing so he challenges those concerned with development to shift their gaze from whether institutions are important to economic development to which institutions might be the focus of government efforts and how to build them. Detailed case studies of the economic development strategies of Singapore and Malaysia from 1960 demonstrate that institution-building and economic development may be as much about process as the specific policies governments pursue. Written in accessible, non-technical, language this book should be read by everyone concerned with economic growth both in less economically developed countries and the more prosperous including those in government, international organizations, NGOs, universities, policy makers and the private sector.

Book News
While he is in agreement with the literature that argues the importance of developing countries incorporating the use of information and communication technology (ICT) into society in order to promote economic growth, as well as the corollary argument that institutions play a key role in promoting such adoption of ICT, Wigdor (law, U. of Toronto, Canada) faults the literature for being unclear on which institutions are important and how countries can foster them. These issues, then, are the focus of his text, which utilizes large scale cross-country regression analysis and case studies to identify government-created institutions specifically related to telecommunications infrastructure and investment in ICT and human capital as the most important to establishing ICT as a mediator for economic growth. The argument is supported through the examination of the case studies of Malaysia and Singapore. Annotation ©2013 Book News, Inc., Portland, OR (booknews.com)

Publisher: Burlington, VT : Ashgate, Ă2012
ISBN: 9781409438120
1409438120
9781283901970
1283901978
9781409438113
1409438112
Characteristics: 1 online resource

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