The Political Economy of Poverty, Equity, and Growth
A Comparative Study
Deepak Lal and H. Myint
A Clarendon Press Publication
This wide-ranging book synthesizes the findings of specially-commissioned analytical economic histories of twenty-one developing countries from 1950 to 1985. It represents an ambitious interdisciplinary attempt to identify patterns in the interplay of initial conditions, institutions, interests, and ideas which can help to explain the different growth and poverty alleviation outcomes inteh Third World. The authors establish clear and innovative frameworks for comparative study, and marshall evidence to argue for the continuing relevance of the classical liberal viewpoint on public policies for development, and to show why nationalist ideologies are likely to be adopted and lead to cycles of liberalism.