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Competitiveness, Technology and Skills
Competitiveness becomes a growing concern for developing countries as they liberalise their economies and open up to global trade, investment and technology flows. They fear that liberalisation by itself may not, in the presence of market and institutional deficiencies, lead to the optimal allocation of resources. In particular, it may lead to the realisation of static rather than dynamic comparative advantages - a threat to sustained growth in a world of rapid technical change. This book draws together recent contributions by Sanjaya Lall - a leading authority on international investment, technology and industrial policy - on competitiveness and its major determinants. It draws upon his wide experience of competitiveness analysis in Asian and African countries and his recent work on technology and skills. It contains his most important published material as well as previously unpublished articles, and will be of interest to students, researchers and policy analysts interested in industrial development, technology and human resources.
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What Reviewers Are Saying
'This book is an important contribution to the literature on development. It fills a gap in the competitiveness debate concerning developing countries and provides convincing explanations for the success or failure of countries to catch up... The book should not only find a place in the reading lists for courses on development economics and international economics, but also it is hoped that it constitutes an impetus for those inter and supra-national institutions whose policy recommendations are actual structural policies are almost exclusively rooted in the neoclassical framework.' -- Christian Bellak, The Economic Journal