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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...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Noland, Marcus, 1959-
Otros Autores: Pack, Howard
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : Institute for International Economics, 2003.
Colección:Policy analyses in international economics.
Temas:
Acceso en línea:Texto completo
Descripción
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?"
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