Developing countries are becoming important players in the world
economy. Although they were slow to liberalize trade, they are now
joining the more economically advanced nations in implementing
trade reforms and in taking steps to deepen global integration. The
lowering of trade barriers and the growth of foreign investment
have benefited the developing countries but have also created
vulnerabilities, including risks of dependence and political
interference. Is deeper integration in the best interest of
developing countries? In this book, part of the Integrating
National Economies series, Stephen Haggard examines the position of
the developing countries in the international trade regime.
Focusing on the nations of East and Southeast Asia and Latin
American, Haggard explores the cause of economic liberalization
policies in the developing nations. He argues that various
international constraints, such as economic shocks and political
pressures from the economically advanced nations, pushed developing
countries to open up to internatioal competition and to pursue
economic relations with advanced industrial states. Haggard
addresses such central questions as: Will developing countries
benefit from the deep integration agenda? Will they instead join
closed regional blocs that fragment the international economy? Will
the developing nations orient themselves toward the multilateral
institutions, particularly the World Trade Organization, or will
they gravitate toward regional arrangements. Haggard argues that
the advanced developing countries have become strong supporters of
the multilateral system and that the extent of regionalism has been
over stated. He contends that a more serious threatis the lure of
biliteralism and the effort of the advanced industrial states to
impose standards on developing countries that are inappropriate or
politically counterproductive. A volume of Brookings' Integrating
National Economies Series
General
| Imprint: |
Brookings Institution Press
|
| Country of origin: |
United States |
| Release date: |
April 1995 |
| First published: |
April 1995 |
| Authors: |
Stephan Haggard
|
| Dimensions: |
229 x 152 x 15mm (L x W x T) |
| Format: |
Paperback
|
| Pages: |
210 |
| ISBN-13: |
978-0-8157-3389-8 |
| Categories: |
Books
Promotions
|
| LSN: |
0-8157-3389-5 |
| Barcode: |
9780815733898 |
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