Beyond Market-Driven Development

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ASEAN
asian
Brazilian Miracle
capital
Capitalist Financial System
Category=GTP
Category=KCM
Category=KCP
Convertibility Regime
Convertibility Restrictions
crisis
current
deficit
developmental
Developmental State
East Asian Regional Cooperation
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eq_business-finance-law
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eq_isMigrated=2
eq_nobargain
eq_non-fiction
Exchange Rates
Flight Risk
Foreign Exchange Rates
Fragility Risk
IMF Bailout
IMF Conditionality
IMF Programme
IMF's Article
IMF's Stabilization Programme
IMF’s Article
IMF’s Stabilization Programme
Income Distribution Indicators
Ipr Regime
loanable
Loanable Money Capital
Marxist Monetary Theory
Mexican Innovation System
money
Neo-liberal Financial
Neo-liberal Washington Consensus
Nis
post-Washington Consensus
state

Product details

  • ISBN 9780415646062
  • Weight: 430g
  • Dimensions: 156 x 234mm
  • Publication Date: 19 Sep 2012
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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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.

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