Beyond Market-Driven Development (Routledge Studies in Development Economics) - Softcover

Softcover

ISBN 10: 0415646065 ISBN 13: 9780415646062

Publisher: Routledge, 2012

Synopsis

Because their economies were regulated, their financial systems ‘repressed’ and their states interventionist, for many years the countries of East Asia challenged the Washington consensus, offering an alternative development paradigm. However, in the 1990’s, Asian capitalism was disrupted following Japan’s stagnation and the financial crisis of 1997-98.

Treading the unexplored theoretical terrain created by the simultaneous decline of the Washington Consensus and Asian developmentalism, this revealing book analyzes the comparative political economy of East Asia and Latin America. Divided into four key sections, it covers:

• Theoretical Framework
• Results of Globalization
• Converging and Diverging of Paths of Economic Development
• Finance and Regionalism.

Through the juxtaposition of countries in East Asia and Latin America, leading academics analyze the impact of government intervention, institutional malfunction, social transformation and financial change as well as conflict and power on economic development. This book will prove to be invaluable to students and academics of development economics.

About this title

About the Author

Costas Lapavitsas is Senior Lecturer in Economics at the School of Oriental and African Studies.

Edition details

• Publisher: Routledge
• Publication date: 2012
• Language: English
• ISBN 10: 0415646065
• ISBN 13: 9780415646062
• Binding: Paperback
• Edition number: 1
• Number of pages: 232
• Editor: Lapavitsas Costas