Pathways to Economic Development Author:Richard Grabowski This innovative book integrates ideas from sociology, economics and political science to analyze economic development. In doing so, it sheds new light on the process of successful development in East and Southeast Asia and, at the same time, indicates the underlying problems which led to the financial crisis in the region during the late 1... more »990s. Richard Grabowski examines economic development from an historical perspective, discussing the Industrial Revolution in England and the economic development of Japan as well as the experiences of East and Southeast Asia. He looks at the conditions underlying and supporting market exchange and discusses how these conditions evolve through time. The author analyses three main paths of economic development: government directed learning as in South Korea, the experience with development groups in Southeast Asia, and the path based on broad rural development driven by rapid agricultural growth. He concludes that the third way is the most successful development path because it allows integrated markets to develop and creates an economy conducive to technical innovation via learning-by-doing. Pathways to Economic Development will be welcomed by development economists and political scientists as well as those interested in Asian studies.« less