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Kicking Away the Ladder
Ha-Joon Chang
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Title Page
Copyright Page
Acknolodgement
Contenst
Chapter 1
1.1. Introduction
1.2. Some Methodological Issues: Drawing Lessons from History
1.3. The Chapters
1.4. A ‘Health Warning’
Chapter 2
2.1. Introduction
2.2. The Catch-up Strategies
2.2.1. Britain
2.2.2. USA
2.2.3. Germany
2.2.4. France
2.2.5. Sweden
2.2.6. Other Small European Economies
A. Belgium
B. The Netherlands
C. Switzerland
2.2.7. Japan and the East Asian NICs
2.3. The Pulling-Ahead Strategy by the Leader and the Responses of the Catching-up Countries - Britain and its Followers
2.3.1. The Colonies
2.3.2. Semi-Independent Countries
2.3.3. Competitor Nations
2.4. Policies for Industrial Development: Some Historical Myths and Lessons
2.4.1. Some historical myths and facts about policies in earlier times
A. Almost every successful country used infant industry protection and other activist ITT policies when they were ‘catching-up’ economies
B. The myth of Britain as a free-trade, laissez-faire economy
C. The USA as ‘the mother country and bastion of modern protectionism’
D. The myth of France as the dirigiste counterpoint to laissez-faire Britain
E. The limited use of trade protection in Germany
F. Sweden was not always the ‘small open economy’ that it later came to represent
G. State activism in early modern Japan was limited due to external constraints
H. ‘Poachers turned gamekeepers‘: policies shift with development
2.4.2. ‘Not by tariff alone‘: diverse models of infant industry promotion
2.4.3. Comparison with today’s developing countries
Chapter 3
3.1. Introduction
3.2. The history of institutional development in the developed countries
3.2.1. Democracy
3.2.2. The bureaucracy and the Judiciary
A. The bureaucracy
B. The Judiciary
3.2.3. Property rights regimes
A. Some misconceptions about property rights and economic development
B. Intellectual property rights
3.2.4. Corporate governance
A. Limited liability
B. Bankruptcy Law
C. Audit, Financial Reporting and Information Disclosure
D. Competition law
3.2.5. Financial institutions
A. Banking and Banking Regulation
B. Central banking
C. Securities regulation
D. Public finance institutions
3.2.6. Social welfare and labour institutions
A. Social welfare institutions
B. Institutions regulating child labour
C. Institutions regulating adult working hours and conditions
3.3. Institutional development in developing countries then and now
3.3.1. A bird’s-eye view of historical institutional development in NDCs
A. 1820 - Early industrialization
B. 1875 - Industrialization in full swing
C. 1913 - The beginning of industrial maturity
3.3.2. The long and winding road to institutional development
3.3.3. Comparisons with currently developing countries
Chapter 4
4.1. Introduction
4.2 Rethinking Economic Policies for Development
4.3 Rethinking Institutional Development
4.4. Possible Objections
Reference
Notes
Index
Ha-Joon Chang
Kicking Away the Ladder