Click here for search results
The political economy of poverty, equity, and growth : five small open economies, Volume 1
Author:Findlay, Ronald; Wellisz, Stanislaw [editors]; Country:Hong Kong SAR, China; Malta; Mauritius; Jamaica; Singapore;
Date Stored:2002/09/12Document Date:1993/06/30
Document Type:PublicationSubTopics:Governance Indicators; Achieving Shared Growth; Environmental Economics & Policies; Economic Theory & Research; Banks & Banking Reform
ISBN:ISBN 0-19-520883-8Language:English
Major Sector:(Historic)Economic PolicyRegion:East Asia and Pacific; Africa; Middle East and North Africa; Latin America & Caribbean
Report Number:12188Sub Sectors:(Historic)Macro/non-trade
Collection Title:A World Bank comparative studyVolume No:1

Summary: In economics, as in biology, small islands can provide illuminating examples of the interactions of internal dynamics and external pressures in a restricted space. This book examines five small open economies - Hong Kong, Singapore, Jamaica, Mauritius, and Malta - and traces how they dealt with the opportunities and challenges of the postcolonial world. Through a comparative study of their social, political, and economic structures and development, the authors attempt to account for differences in the growth performance of these economies over the latter part of the twentieth century. No one path has proved to be a sure road to success. The resource-poor city-states of Hong Kong and Singapore - one with a laissez-faire government, the other more interventionist - have prospered economically while improving their distribution of income. Jamaica, despite its agricultural and mineral resources, has been the least successful, perhaps because competing parties have pushed redistribution at the expense of growth. Mauritius, a multiethnic society, has turned to manufactured exports and tourism as an alternative to reliance on sugar production. Malta overcame the shock of losing a British naval base and has grown rapidly. This volume is the sixth to emerge from the comparative study "The Political Economy of Poverty, Equity, and Growth," sponsored by the World Bank. Each volume provides both a historical narrative and a deeper explanation of how and why a selected pair of group of countries had their particular experiences of growth and income distribution between 1950 and 1985.

Official Documents
Official, scanned versions of documents (may include signatures, etc.)
File TypeDescriptionFile Size (mb)
PDF 360 pagesOfficial version*25.2 (approx.)
TextText version**
How To Order

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.
** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.

Permanent URL for this page: