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A provocative view of economic growth in the Third World argues that the countries that have achieved steady economic growth--including future economic superpowers India and China--have done so because they have resisted the American ideology of free markets.

Elites play a crucial role in the development process. The impact they have on growth and development exceeds their representation within a country. This volume uses case studies from South Africa to China to seek an understanding of the relationship between elites and economic development.

In Escape from Empire, Alice Amsden argues that the more freedom a developing country has to determine its own policies, the faster its economy will grow. America's recent inflexibility - as it has single-mindedly imposed the same rules, laws, and institutions on all developing economies under its influence - has been the backdrop to the rise of two new giants, China and India, who have built economic power in their own way.

National firms fulfill functions that foreign affiliates are less likely to undertake. For this reason, there is a growth/efficiency justification for government programs designed to support and promote national companies (public and private) as opposed to, and in competition with, opening the doors to MNEs.

National firms fulfill functions that foreign affiliates are less likely to undertake. For this reason, there is a growth/efficiency justification for government programs designed to support and promote national companies (public and private) as opposed to, and in competition with, opening the doors to MNEs.