{"product_id":"turbulence-and-order-in-economic-hazel-gray-9780198714644","title":"Turbulence and Order in Economic Development: Economic Transformation in Tanzania and Vietnam","description":"The terms of debate on the role of institutions in economic development are changing. Stable market institutions, in particular, secure private property rights and democratically accountable governments that uphold the rule of law, are widely seen to be a pre-requisite for economic transformation in low income countries, yet over the last thirty years, economic growth and structural transformation has surged forward in a range of countries where market and state institutions have differed these ideals, as well as from each other. \u003cem\u003eTurbulence and Order in Economic Development\u003c\/em\u003e studies the role of the state in two such countries, examining the interplay between market liberalization, institutions, and the distribution of power in Tanzania and Vietnam. \u003cp\u003e\u003c\/p\u003eTanzania and Vietnam were two of the poorest countries in the world in the early 1980s but over the last thirty years, both have experienced significant changes in the pace and character of economic development. While both countries experienced faster rates of GDP growth, their paths of economic transformation were very different as Vietnam experienced rapid poverty reduction associated with the expansion of manufacturing while Tanzania's path of industrialization was characterized by the rise of mining and a much slower pace of poverty reduction. Employing a political settlements approach, this book considers the comparative role of the state in driving economic transformation. In both countries, the experiences of socialism continued to shape the role of the state in the economy even after extensive market liberalization, however, the distribution of political and economic power was very different. This had important consequences for the overlapping role of the state in generating political order and in driving economic transformation. \u003cem\u003eTurbulence and Order in Economic Development\u003c\/em\u003e studies the formal and informal ways that the state influenced economic transformation through its role in public financial management, land and industrial policy.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Hazel Gray\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0198714645\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780198714644\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Oxford University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/15\/2018\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 264\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.20lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.30h x 6.30w x 1.00d","brand":"Hazel Gray","offers":[{"title":"Hardcover","offer_id":47202104803583,"sku":"9780198714644","price":115.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_430851cd-3f3a-49b6-a454-9e65e0f7469d.jpg?v=1756819656","url":"https:\/\/www.whiterainbookhouse.com\/products\/turbulence-and-order-in-economic-hazel-gray-9780198714644","provider":"WR Book House","version":"1.0","type":"link"}