Reclaiming Development: An Alternative Economic Policy ManualZed Books, 2004 - 224 páginas There is no alternative - to neo-liberal economics, Americanisation and globalisation - remains the driving assumption within the international development policy establishment. Ha-Joon Chang and Ilene Grabel explain the main assertions of this dominant school. They combine data, a devastating economic logic, and an analysis of the historical experiences of leading Western and East Asian economies, to question the validity of the neo-liberal development model. They then set out practical alternatives in the key areas: trade and industrial policy; privatisation; intellectual property rights; external borrowing; investment; financial regulation; exchange rates, monetary policy, government revenue and expenditure. The most useful proposals that have emerged around the world are combined with some innovative measures of their own, in an empowering and accessible book. |
Conteúdo
Part Myths and Realities about Development | 5 |
Myth 2 Neoliberalism works | 14 |
Myth 3 Neoliberal globalization cannot | 25 |
Myth 5 The East Asian model is idiosyncratic | 38 |
Myth 6 Developing countries need the discipline | 46 |
Economic Policy Alternatives | 53 |
Policy Alternatives 2 Privatization | 82 |
Capital Flows | 106 |
Policy Alternatives 4 Domestic Financial | 150 |
Policy Alternatives 5 Macroeconomic Policies | 164 |
Conclusion Obstacles and Opportunities | 202 |
Recommended Further Reading | 213 |
Outras edições - Ver todos
Reclaiming Development: An Alternative Economic Policy Manual Ha-Joon Chang,Ilene Grabel Prévia não disponível - 2004 |
Reclaiming Development: An Alternative Economic Policy Manual Ha-Joon Chang,Ilene J. Grabel Prévia não disponível - 2004 |
Termos e frases comuns
allocation and/or Asian financial crisis assets associated benefits budget deficits capital controls capital flight capital markets cent central banks Chapter China comparative advantage costs country's crises currency boards currency convertibility currency substitution developing countries developing world domestic currency East Asian model economic development economic growth economic policy economists efficiency example export financial crisis financial system firms fiscal floating exchange rates foreign bank borrowing foreign currency foreign investors foreign loans free trade global Grabel Ha-Joon Chang important incentives income increase inflation inflows institutions international private capital investment IPRs Japan Korea maintain ment monetary policy Myth neoliberal policy neoliberal view patents Policy alternatives policymakers political private capital flows problems production programmes promote reduce reform restrictions revenue selective industrial policy social SOE sectors SOEs speculative strategy Taiwan targets tariffs tion TNCs trade liberalization types Washington Consensus World Bank
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