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Full Description
This book evaluates development progress using the lens of structural transformation in four groups of developing countries: Africa's least developed countries (LDCs), Asia's LDCs, landlocked Central Asian countries, and Pacific small island states. The analysis presented is contextualized in the diverse economic characteristics and geopolitical landscape of the four categories of countries.
It emphasises critical binding factors unique for each category. Therefore, the chapter on Africa's LDCs emphasises their path dependence determined by colonial exploitation and maintained through neo-colonial arrangements. The chapter on Asia's LDCs highlights their democratic deficits and influences of geopolitical rivalries among global and regional powers. The chapter on landlocked Central Asian countries focuses more on the unique transition experience of those countries coming out from USSR hinterlands to independent states in the wake of the third wave of democratisation in the 1990s. Lastly the evaluation of Pacific small island states is very much influenced by the fate of geography for being small in size and remotely located.
The diverse coverage offers readers rich political economy explanations of varied, but largely poor, structural transformation experiences. The book is nontechnical, with descriptive, narrative, and analytical approaches on comparative development, making it suitable and accessible for non-specialist audiences.
Contents
1 Introduction.- 2 Africa's Least Developed Countries: Missed opportunities.- 3 Asia's Least Developed Countries: Policy Lessons.- 4 Central Asia: Three decades after the economic transition.- 5 The Pacific: Development challenges of small island states.- 6 Path dependence and policy as destiny.
