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Alternatives to Neoliberal Globalization - Studies in the Political Economy of Institutions and Late Development (Hardcover)
Loot Price: R2,860
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Alternatives to Neoliberal Globalization - Studies in the Political Economy of Institutions and Late Development (Hardcover)
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Through a compliance with the neoliberal doctrines associated with
the Washington Consensus, and the corresponding emphasis on the
privitization of public assets, the promotion of well-defined
property rights and a focus on price and trade liberalisation,
developing countries have been promised that 'natural economic
institutions' will form. However, despite the promotion of these
doctrines, the 1980s and 1990s have come to be known as the 'lost
decades of development': a period of long economic stagnation in
most parts of the developing world, with little sign of the income
level of the developing world converging with that of developed
countries. In this book, Dic Lo re-examines the mainstream policy
doctrines of globalization, and formulates explanations for the
uneven development of recent years. Through a comparative analysis
of the actual experiences of developing nations and their policy
positions, this book clarifies the positive and negative lessons
that can be learned by developing countries. Dic Lo also undertakes
an examination of the theoretical underpinnings of the competing
doctrines of institutions and development, with a view to creating
a synthesis that transcends neoliberalism, instead emphasising
solidarity and humanistic development.
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