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Reclaiming Development - Ha-Joon Chang, Ilene Grabel

Reclaiming Development

An Alternative Economic Policy Manual
Buch | Softcover
256 Seiten
2004
Zed Books Ltd (Verlag)
978-1-84277-201-0 (ISBN)
CHF 33,15 inkl. MwSt
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After half a century of disappointed hopes, where do developing countries go from here? In this volume, two economists refute some of the main myths of free market globalization in trenchant fashion. introducing the alternative economic policies that can be and have been successfully pursued.
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.

Dr Ha-Joon Chang is Assistant Director of Development Studies in the Faculty of Economics and Politics, University of Cambridge. Born in the Republic of Korea, and educated at the Seoul National University and subsequently at Cambridge. His books include Kicking Away the Ladder - Development Strategy in Historical Perspective (Anthem, 2002), and Globalisation, Economic Development, and the Role of the State (Zed, 2003). Since 1992 he has also servesd on the editorial board of the Cambridge Journal of Economics. He was a member of the Advisory Panel for the Human Development Report, 1999 and has acted a research project coordinator and consultant to numerous UN agencies and international agencies including the World Bank, the Asian Development Bank, the British Government's DfID, and the IDRC in Canada, and the South African Government's DTI. Ilene Grabel is Associate Professor and Co-Director of the graduate program in Global Finance, Trade and Economic Integration at the Graduate School of International Studies of the University of Denver. She also lectures at the Cambridge University Advanced Programme on Rethinking Development Economics. Grabel has published widely in academic journals on financial policy and crises, international capital flows, and central banks and currency boards. She has worked as a consultant to the UN/UNCTAD Group of Twenty-Four and the UN University's World Institute for Development Economics Research and works with the international NGO coalition,

PART I. INTRODUCTION 1. Introduction PART II. MYTHS AND REALITIES ABOUT DEVELOPMENT 2. Myth I: History shows that free markets are best. 3. Myth II: Neo-liberalism works. 4. Myth III: Globalisation cannot and should not be stopped. 5. Myth IV: The (neo-liberal) American model of capitalism represents the ideal that all developing countries should seek to replicate. 6. Myth V: The East Asian model is idiosyncratic; the Anglo-American model is universal. 7. Myth VI: Developing countries need discipline. Discipline is provided by international institutions like the IMF and the WTO, and by independent domestic institutions, such as currency boards. PART III. POLICY ALTERNATIVES 8. Policy alternatives I: Trade and industry 9. Policy alternatives II: Privatisation and Property Rights 10. Policy alternatives III: International private capital flows 11. Policy alternatives IV: Domestic financial regulation 12. Policy alternatives V: Macroeconomic policies and institutions PART IV. CONCLUSION 13. Conclusion Endnotes References Suggestions for further reading

Erscheint lt. Verlag 1.5.2004
Reihe/Serie Critique Influence Change
Sprache englisch
Maße 129 x 198 mm
Themenwelt Sozialwissenschaften Soziologie Spezielle Soziologien
Wirtschaft Volkswirtschaftslehre Makroökonomie
ISBN-10 1-84277-201-5 / 1842772015
ISBN-13 978-1-84277-201-0 / 9781842772010
Zustand Neuware
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