Amazon.com description: Product Description: This study presents a new analytical framework for explaining the different growth performances of developing countries. Drawing on the growth experience of the newly industrializing economics of East Asia, the author begins his analysis by identifying the sources of output growth and the factors behind them. Recognizing that no one explanation of economic growth is entirely satisfactory, this analysis enables the strengths of existing explanations to be highlighed and used in the construction of more convincing hypothesis of economic growth. An operational framework for identifying the policies needed to produce greater economic growth is also developed. The book presents the large and often unstructured development literature within a systematic framework allowing for a series of policy-orientated conclusions.