Beschreibung:
Once among the fastest developing economies, growth has slowed or stalled in Brazil, Russia, India, China, and South Africa. What policies can governments enact to jump-start the rise of these middle-income countries? Hartmut Elsenhans and Salvatore Babones argue that economic catch-up requires investment in the productivity of ordinary citizens.
Introduction
1. The BRICS Trajectories: Economic, Political, and Social
2. The Role of the State in Economic Development
3. Mass Demand as the Basis of Growth
4. Selective Links to the World Market
Conclusion