Globalization and competition : why some emergent countries succeed while others fall behind
Author(s)
Bibliographic Information
Globalization and competition : why some emergent countries succeed while others fall behind
Cambridge University Press, 2010
- : hbk
- : pbk
Available at 20 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
-
Research Institute for Economics & Business Administration (RIEB) Library , Kobe University図書
: pbk337.0-68081201140016
Note
Includes bibliographical references (p. 233-244) and index
Description and Table of Contents
Description
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 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.
Table of Contents
- Introduction
- Part I. Political Economy: 1. Globalization and catching up
- 2. The key institution
- 3. New developmentalism
- Part II. Development Macroeconomics: 4. The tendency of the exchange rate to overvaluation
- 5. The Dutch disease
- 6. Foreign savings and slow growth
- 7. Foreign savings and financial crises
- Conclusion.
by "Nielsen BookData"