Globalization and Competition: Why Some Emergent Countries Succeed While Others Fall Behind

By:

Pereira L C B

Material type: Text

TextPublication details: Delhi Cambridge University Press 2011Edition: 1st edDescription: 256ISBN:

9781107623996

Subject(s):

DDC classification:

337.091724 P4141 G 101932

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Holdings
Item type	Current library	Call number	Status	Barcode
Books	Ubhayabharati General Stacks	337.091724 P4141 G 101932 (Browse shelf(Opens below))	Available	101932

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.

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