Industrial policy in an era of globalization : lessons from Asia /
"Globalization reigns supreme as a description of recent economic transformation and it carries many meanings. In the policy realm, the orthodox terms of engagement have been enshrined in the "Washington consensus." But disappointing results in Latin America and transitional economies...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Otros Autores: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington, D.C. :
Institute for International Economics,
2003.
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Colección: | Policy analyses in international economics.
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Temas: | |
Acceso en línea: | Texto completo |
Sumario: | "Globalization reigns supreme as a description of recent economic transformation and it carries many meanings. In the policy realm, the orthodox terms of engagement have been enshrined in the "Washington consensus." But disappointing results in Latin America and transitional economies plus the Asian financial crisis have shaken the faith in Washington and elsewhere. One response has been to hark back to the more statist policies that the consensus marginalized. In this regard, Japan, Korea, and Taiwan are promoted as the poster nations that have derived great benefits from increasing integration with the international economy, without surrendering national autonomy in the economic or cultural spheres, effectively beating the West at its own game. The fundamental questions addressed in this monograph are whether industrial policy was indeed a major source of growth in these three economies, and if so, can it be replicated under current institutional arrangements, and if so, is it worth replicating, or, would developing countries today be better off embracing the suitably refined orthodoxy?" |
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Descripción Física: | 1 online resource (xi, 121 pages) : illustrations |
Bibliografía: | Includes bibliographical references (pages 103-110) and index. |
ISBN: | 9781435682771 1435682777 9780881324549 088132454X 1281790923 9781281790927 9786611790929 6611790926 0881323500 9780881323504 |