The State, Markets and Development: Beyond the Neoclassical Dichotomy / Edition 1

The State, Markets and Development: Beyond the Neoclassical Dichotomy / Edition 1

by Amitava Krishna Dutt
     
 

ISBN-10: 1852789298

ISBN-13: 9781852789299

Pub. Date: 01/28/1994

Publisher: Elgar, Edward Publishing, Inc.

Markets and the state are usually seen in opposition to each other as instruments of economic development. This important new book attempts to go beyond the state-market debate, which it sees largely as the intellectual legacy of neoclassical economics and the related pendulum swings of opinion favouring one against the other. Arguing that development can be hindered…  See more details below

Overview

Markets and the state are usually seen in opposition to each other as instruments of economic development. This important new book attempts to go beyond the state-market debate, which it sees largely as the intellectual legacy of neoclassical economics and the related pendulum swings of opinion favouring one against the other. Arguing that development can be hindered and fostered by both the state and markets, the contributing authors suggest that the real challenge is not to choose between them but to find ways in which their virtues can be utilized jointly to further the goals of development. The first part provides some general perspectives which critically analyse mainstream neoclassical views on states and markets while also providing some alternative approaches. The contributors to the second part examine state-market interaction in Latin America, South Korea and India. The State, Markets and Development combines theoretical interpretations with actual empirical development experience to stress the complementary role of the state and markets rather than their rivalry. Professional and academic development economists interested in going beyond the confines of neoclassical economics will find much here to interest and stimulate them.

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Product Details

ISBN-13:
9781852789299
Publisher:
Elgar, Edward Publishing, Inc.
Publication date:
01/28/1994
Edition description:
New Edition
Pages:
221
Product dimensions:
6.30(w) x 9.06(h) x (d)

Table of Contents

List of figures
List of tables
Contributors
Preface
1The state, markets and development3
2International competitiveness: the state and the market22
3State intervention and the 'market-friendly' approach to development: a critical analysis of the World Bank theses38
4Public enterprises, private enterprises and the state: prospects under post socialism62
5Sisyphus among the neoliberals: on privatization and rolling back the Latin American state85
6Market reform and the changing role of the state in Mexico: a historical perspective107
7The public-private interface: Brazil's business-government relations in historical perspective, 1950-1990144
8Market miracle and state stagnation? The development experience of South Korea and India compared169
Index217

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