This book is the first work to systematically study the development of large-size economies. From a completely new perspective, it defines and selects a set of representative large-size economies. It first analyzes the basic characteristics of large-size economies and the mechanisms behind economic growth, and then explores how a country’s scale shapes industrialization, urbanization, institutional change, and governance structures, describing a path for a major economy to an economic powerhouse. The book is selected for China’s National Achievements Library of Philosophy and Social Sciences and has made notable contributions to the development of China’s economic discourse system.

Yao Ouyang is a Qiushi Distinguished Professor at Zhejiang University and the Director of the Center for Large-Size Country Economy Research (CLCER). He also serves as an Honorary Professor at Shanghai University and a Senior Research Fellow at the Oxford University Centre for Technology and Management Development. Professor Ouyang has made pioneering and systematic contributions to the field of large-size economic development research. His representative works include: The Development of BRIC and the Large Country Advantage , Handbook for the Development of Large-Size Economies, Large Countries’ Development Path: Experience and Theory , and Development Economics of Large Countries.