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Globalization and Competition
- Why Some Emergent Countries Succeed while Others Fall Behind
Engelsk Paperback
Globalization and Competition
- Why Some Emergent Countries Succeed while Others Fall Behind
Engelsk Paperback

335 kr
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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.
Product detaljer
Sprog:
Engelsk
Sider:
264
ISBN-13:
9780521144537
Indbinding:
Paperback
Udgave:
ISBN-10:
0521144531
Kategori:
Udg. Dato:
21 dec 2009
Længde:
17mm
Bredde:
154mm
Højde:
225mm
Forlag:
Cambridge University Press
Oplagsdato:
21 dec 2009
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