Globalization and Competition
Why Some Emergent Countries Succeed while Others Fall Behind
Globalization and Competition explains why some middle-income countries, principally those in Asia, grow fast while others are not successful. The author criticizes both old-style developmentalism and the economics of the Washington Consensus. He argues instead for a 'new developmentalism' or third approach that builds on a national development strategy. This approach differs from the neoliberal strategy that rich nations propose to emerging economies principally on macroeconomic grounds. Developing countries face a key obstacle to growth, namely, the tendency to overvaluate foreign exchange. Instead of neutralizing it, the policy that rich c…
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Produktdetails
- ISBN: 978-0-511-84938-1
- EAN: 9780511849381
- Produktnummer: 23974933
- Verlag: Cambridge University Press
- Sprache: Englisch
- Erscheinungsjahr: 2009
- Seitenangabe: 0 S.
- Plattform: EPUB
- Masse: 357 KB
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