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Globalization and Catching-up in Emerging Market Economies

Grzegorz W. Kolodko

No DP2002-51, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The study discusses conditions and prospects for fast and durable growth in emerging market economies. In the course of history less than 30 nations have become rich and still more than 80 per cent of the world population lives in the middle and low-income countries, some of them in extreme poverty. It is true not only for the majority of economies traditionally considered as 'developing countries', but also for the new, post-socialist emerging markets.

Keywords: Economic development; Economic policy; Globalization; Institutional economics; Post-communism (search for similar items in EconPapers)
Date: 2002
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