|
Showing 1 - 3 of
3 matches in All Departments
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?
Compared to other regions of the world, the Middle East was once
unique in its combination of authoritarianism and stultifying
stability: No longer. Beginning in Tunisia, a wave of political
upheaval has rolled across the region, reaching Egypt, Bahrain,
Libya, and other countries caught between rising expectations and
their antediluvian political systems, abetted by pan-Arab news
channels and social networking media. This book examines the
economics of the Middle East, with the aim of identifying changes
to economic policy that could address at least the economic
component of the challenges facing this part of the globe. The
authors analyze the interaction of trade, productivity growth, and
the political difficulties that may ensue as these countries move
towards greater openness. Relevant comparisons are drawn from the
experience of the transition economies and India on potentially
successful policies and those likely to exacerbate existing
problems.This new second edition contains a new introduction from
Mohamed A. El-Erian and a new postscript.
The tragic events of September 11 and the subsequent war in Iraq
have focused international attention on a nexus of problems
involving economic underperformance, problematic internal politics,
and the externalization of domestic dissent in the Muslim world.
This book examines the economics of the Middle East, with the aim
of identifying changes to economic policy that could address at
least the economic component of the challenges facing this part of
the globe. The authors analyze the interaction of trade,
productivity growth, and the political difficulties that may ensue
as these countries move towards greater openness. Relevant
comparisons are drawn from the experience of the transition
economies and India on potentially successful policies and those
likely to exacerbate existing problems.
|
You may like...
Loot
Nadine Gordimer
Paperback
(2)
R398
R330
Discovery Miles 3 300
Barbie
Margot Robbie, Ryan Gosling, …
DVD
R194
Discovery Miles 1 940
|