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There is no alternative to neoliberal economics. In 2004
americanisation and globalisation were and to a large degree still
are the driving assumptions within the international development
policy establishment. Reclaiming Development confronts the validity
of this neoliberal development model head-on by combining
devastating economic logic with an in-depth analysis of the
historical experiences of leading Western and East Asian economies.
A lot has changed since 2004, though - the global financial crisis
and the success of some developing countries in weathering the
crisis have transformed the latent cleavages in the neoliberal
model, resulting in an increasingly open environment of policy
innovation and experimentation in the Global South. If anything,
these changes mean that Reclaiming Development is even more
relevant today than when it was first published, with real hope
that the policies articulated then might finally be realized in
practice.An essential landmark work that continues to grow in
influence.
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