SHORTCUT OR PIECEMEAL
Economic Development Strategies and Structural Change
(1938-2016) was Professor and Chair of International Economics at the University of Information Technology and Management (WSIZ) in Rzeszow, Poland and member of the Polish President's Policy Advisory Council.
Alternative strategies of economic development
have received little attention in the
literature. Academics rarely compare certain
strategic features or assess the performance
of different strategies in terms of outcomes.
This book seeks to address that gap and to
provide a theoretical background to the shift
from industry to human capital-intensive
services as the engine of economic growth.
Pioneering studies reveal interesting trends
and patterns that point to the growing importance
of intangible capital for the level of GDP.
They also indicate a much greater role of
economic freedom in bringing about this
second great structural change than was the
case with industrialization. With this perspective
on structural change and the role of freedom,
Shortcut or Piecemeal also provides an extensive assessment of four key developing
countries: Brazil, Russia, India, and China.
List of Figures;
List of Tables;
I.; DEVELOPMENTAL STRATEGIES PURSUED OVER
THE PAST CENTURY
Chapter 1. Centrally Planned and Administered Economy and Steep
Ascent Strategy: A Complete Failure;
Chapter 2. Development Economics-based Strategy in Less Developed
Countries: An Incomplete Failure;
Chapter 3. A Shift Toward Better Understood (and Appreciated)
Classical Economic Prescriptions: An Incomplete Success;
II. TRANSFORMATIONS OF OUTPUT STRUCTURE
IN THE PROCESS OF ECONOMIC DEVELOPMENT
Chapter 4. Industrialization: The First Major Phase of Structural
Chapter 5. The Shift to Human Capital-intensive Market Services:
The Second Major Phase of Structural Transformation;
III. APPLYING THE CONCLUSIONS: BRIC COUNTRIES’
Chapter 6. Russia and China: Some Historical as well as Performance
Similarities (Up to a Point…);
Chapter 7. India and Brazil: Two Perennial “Great Potentials”;
Postscript: On Choosing Inefficient Institutions;
"In Shortcut or Piecemeal, Jan Winiecki, one of the top liberal economists in Europe,
presents a penetrating, empirically based analysis of the statist systems and strategies.
He unmasks their theoretical and philosophical fallacies and explains why they have
failed economically, while also describing the successes of free-market systems.
The book is both very erudite and clearly written." -- Leszek Balcerowicz, Professor of Economics at the Warsaw School of Economics,
former Deputy Prime Minister of Poland and Minister of Finance, and former President
of the National Bank of Poland
"Jan Winiecki, one of the best known and most accomplished Polish economists in the international arena, offers a comparative analysis of the steep ascent strategy of
Communist planners to the forced industrialization strategies of the Third World.
His overview, as the title suggests, carries a message for economists, political scientists,
IR specialists, and to anyone interested in one of the eldest questions in comparative
analysis: why some nations fail and others strive? A must read for anyone interested in
what is relevant for the real world." -- László Csaba, University Professor of International Political Economy at Central European
University, Budapest, Member of the Hungarian Academy of Sciences and of Academia
214 pages, 2015
$60.00 / €52.00 / £40.00