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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 as successful. The author criticizes both old-style developmentalism and the economics of the Washington Consensus. He argues, instead, for a "new developmen...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Cambridge ; New York :
Cambridge University Press,
2010.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | "Globalization and Competition explains why some middle-income countries, principally those in Asia, grow fast, while others are not as 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 over valuate foreign exchange. Instead of neutralizing it, the policy that rich countries promote mistakenly seeks growth through foreign savings, which causes additional appreciation of the national currency and often results in financial crises, rather than genuine investment."--Jacket |
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| Descripción Física: | 1 online resource (v, 256 pages) : illustrations |
| Bibliografía: | Includes bibliographical references and index. |
| ISBN: | 9780511691515 0511691513 9780511691928 0511691920 9780511692635 0511692633 1107205158 9781107205154 0511849389 9780511849381 1282817914 9781282817913 9786612817915 6612817917 0511690037 9780511690037 0511689292 9780511689291 0511690770 9780511690778 |