The Quest for Prosperity

In The Quest for Prosperity, Justin Yifu Lin explores how developing countries can achieve sustainable growth by focusing on their own strengths, such as harnessing comparative advantages and fostering technological innovation. Drawing on history, analysis, and personal insights from his experience as World Bank chief economist, Lin advocates for a "new structural economics" approach that emphasizes the vital role of markets and strategic industrial development. This book offers a hopeful and practical roadmap for nations aiming to reduce poverty and transform their economies over one or two generations.