Comparative analysis of the rapid development and its alternatives

Abstract

This article deals with a new criterion “relation to the leader” to classification of development types. According to this feature the development is divided into catching-up, rapid and development at the leader’s level. Authors determine three blocks of characteristics that enhance to understand the nature of these types: economic characteristics, innovation activity and governance. A comparative analysis of these development types is conducted.

Keywords

• economic development
• rapid development
• catching-up development
• development at leader’s level
• acceleration