Leading Dragon Phenomenon : New Opportunities for Catch-up in Low-Income Countries
Modern economic development is accompanied by the structural transformation from an agrarian to an industrial economy. Since the 18th century, all countries that industrialized successfully have followed their comparative advantages and leveraged the latecomer advantage, including emerging market ec...
Main Authors: | , , |
---|---|
Format: | Journal Article |
Language: | en_US |
Published: |
Asian Development Bank and Asian Development Bank Institute
2014
|
Subjects: | |
Online Access: | http://hdl.handle.net/10986/16585 |