The authors of this book challenge prevailing ideas about free markets and globalization. They question whether globalization is a technological reality that cannot be stopped and ask if the US economy really outperformed its competitors in the 1990s. They show how in each key areatrade and industrial policy, privatization, intellectual property rights, investment and financial policies, exchange rate and currency policy, labour and social welfare there are alternatives to neoliberal policies that the historical experience of particular countries prove really works.
|Series:||Global Issues Series|
|Edition description:||New Edition|
|Product dimensions:||6.00(w) x 1.25(h) x 9.00(d)|
Table of Contents
Foreword by Robert H. Wade
Preface to the critique influence change edition
Part I Myths and Realities about Development
1 Myth 1 'Today's wealthy countries achieved success through a steadfast commitment to the free market'
2 Myth 2 'Neoliberalism works'
3 Myth 3 'Neoliberal globalization cannot and should not be stopped'
4 Myth 4 'The neoliberal American model of capitalism represents the ideal that all developing countries should seek to replicate'
5 Myth 5 'The East Asian model is idiosyncratic; the Anglo-American model is universal'
6 Myth 6 'Developing countries need the discipline provided by international institutions and by politically independent domestic policymaking institutions'
Part II Economic Policy Alternatives
7 Policy Alternatives 1 Trade and Industry
8 Policy Alternatives 2 Privatization and Intellectual Property Rights
9 Policy Alternatives 3 International Private Capital Flows
10 Policy Alternatives 4 Domestic Financial Regulation
11 Policy Alternatives 5 Macroeconomic Policies and Institutions
Obstacles and Opportunities for Reclaiming Development