TY  - BOOK
AU  - Pereira L C B
TI  - Globalization and Competition: Why Some Emergent Countries Succeed While Others Fall Behind
SN  - 9781107623996
U1  - 337.091724 P4141 G 
PY  - 2011///
CY  - Delhi
PB  - Cambridge University Press
KW  - Developing countries
KW  - Competition
KW  - Economic development
KW  - Finance
KW  - Economic policy
N1  - 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 over valuate foreign exchange
ER  -