Politics of Technological Progress
Subtitle: Parties, Time Horizons and Long-Term Economic Development
Publisher: Cambridge University Press
Published: 2016
Language: eng
Number of pages: 240
ISBN-13: 9781107145771
Subjects: Technology and state; Technological innovations, economic aspects; Economic development; Political parties; Political stability
Description: "Why are some countries richer than others and why do some economies grow more rapidly? The Politics of Technological Progress answers these vital questions by highlighting the importance of technological progress for sustained economic development. The author also explains why some countries exhibit faster technological progress than others. Armed with a wealth of cross-national empirical evidence, Professor Simmons stresses the importance of properly constructed political parties for establishing an environment conducive to technological progress. 'Well-institutionalized' ruling parties are essential for technological progress, he argues, because only in such parties are time horizons long enough for governments to accept the deferred returns that are an inherent feature of government efforts to encourage innovation and technology adoption in the economy"--Page i.