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Globalization and Competition(ISBN=9780521144537)书籍详细信息
- ISBN:9780521144537
- 作者:暂无作者
- 出版社:暂无出版社
- 出版时间:2012-01
- 页数:256
- 价格:174.80
- 纸张:胶版纸
- 装帧:平装
- 开本:16开
- 语言:未知
- 丛书:暂无丛书
- TAG:暂无
- 豆瓣评分:暂无豆瓣评分
内容简介:
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.
书籍目录:
Introduction
Part I. Political Economy:
1. Globalization and catching up
2. The key institution
3. New developmentalism
Part II. Development Macroeconomics: 4. The tendency of the
exchange rate to overvaluation
5. The Dutch disease
6. Foreign savings and slow growth
7. Foreign savings and financial crises
Conclusion.
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书籍介绍
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.
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