Governance, Growth and Global Leadership

Taylor & Francis

This study investigates the question of what allows certain nations to rise to industrial leadership; and why some retain that pre-eminence for so much longer than others. Adopting a Schumpeterian approach to national growth, it focuses on the ability of a country to adopt technological progress and human knowledge to effect its global economic and industrial position. By comparing the experiences of Britain, France, Germany, the US and Japan over a two-hundred year period, the study draws fascinating conclusions about the causes of economic growth and the reasons for its stagnation. > This book focuses on the role of the state in promoting a country's long-term technological progress and industrial leadership. Throughout history, a nation's rise to dominance has invariably been followed by its fall; the dominant powers of today are not the same ones that controlled the world three hundred years ago. In the same manner, economic dominance has usually been fleeting, as leading nati.