Globalization, Economic Development and the Role of the State

Ha-Joon Chang

ISBN 10: 1842771434 / ISBN 13: 9781842771433

Published by Zed Books Ltd, 2002

About this Item

2002. Paperback. The role of the state continues to be a key debate in economics and development studies. In this collection of essays, Dr Ha-Joon Chang reviews theories and practices of state intervention as they have developed over two centuries of modern capitalism. Num Pages: 334 pages, notes, bibliography, index. BIC Classification: GTF; KCM. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 139 x 215 x 21. Weight in Grams: 474. . . . . .

Seller Inventory # V9781842771433

Bibliographic Details

• Title: Globalization, Economic Development and the Role of the State
• Publisher: Zed Books Ltd
• Publication Date: 2002
• Language: English
• ISBN 10: 1842771434
• ISBN 13: 9781842771433
• Binding: Soft cover
• Condition: New

About this title

Synopsis

The role of the state in the economy has always been a controversial issue in public debate, but it has become more so in the last quarter of a century with the rise of neoliberal thinking that preaches the virtues of unregulated markets and recommends de-regulation, opening-up, and privatisation.

This push for a minimal, pro-business state, especially in developing countries, has been further intensified with both the rise of globalisation and the many radical neoliberal 'reforms' implemented, often under pressure from multilateral agencies (such as the IMF, the World Bank, and the WTO). In this book, the author highlights the failure of neoliberalism, especially in developing countries, or what he terms 'the intellectual bankruptcy of neoliberalism', which, he believes, 'stems ultimately from its failure to base its discourse on a balanced and sophisticated theory of the inter-relationship between the market, the state, and other institutions'. He also tries to construct a credible alternative theoretical framework to neoliberalism, informed by a balanced understanding of empirical evidence.

The issues covered concern a rather wide range of domestic and international policy issues - including trade policy, privatisation, transnational corporations, and intellectual property rights.

About the Author

Ha-Joon Chang, a Korean native, has taught at the Faculty of Economics, University of Cambridge, since 1990. He has worked as a consultant for numerous international organizations, including various UN agencies, the World Bank, and the Asian Development Bank. He has published 11 books, including Kicking Away the Ladder, winner of the 2003 Myrdal Prize. In 2005, Ha-Joon Chang was awarded the 2005 Leontief Prize for Advancing the Frontiers of Economic Thought.

Ha-Joon Chang teaches economics at Cambridge University. His books include Reclaiming Development (Zed 2004) and 23 Things They Don't Tell You about Capitalism (2010).