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Books
Rethinking Development Economics
Edited by: Ha-Joon Chang
Published by: Anthem Press
Rethinking Development Economics
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   This important new collection tackles the failure of neoliberal reform to generate long-term growth and reduce poverty in many developing and transition economies.

As dramatically demonstrated in the collapse of the WTO's Seattle talks, there is increasing dissatisfaction, in both developing and developed countries, with the emerging neoliberal global economic order. The resignations of Joseph Stiglitz and Ravi Kanbur from the World Bank emphasize that this disillusionment with the orthodoxy now exists at the very heart of the establishment.
Yet the increasing demand for an alternative to this orthodoxy is not being met. Over the last few decades, the older generation of development economists have been edged out of most major universities, particularly in the USA. The situation in most developing countries is even worse: although there is more demand for alternatives to orthodox development economics, these countries have even less capability to generate such alternatives.

"Rethinking Development Economics" is intended to fill this gap. It addresses key issues in development economics, ranging from macroeconomics, finance and governance to trade, industry, agriculture and poverty. Bringing together some of the foremost names in the field, this comprehensive and timely collection constitutes a critical staging-post in the future of development economics.

Contents
Introduction
Ha-Joon Chang

PART I. Overviews
1. Changing Perspectives in Development Economics- John Toye
2. The Market, the State and Institutions in Economic Development - Ha-Joon Chang
3. Globalization and Development - Deepak Nayyar
4. Development and the Global Order - Jose Antonio Ocampo

PART II. Development Experiences
5. The East Asian Development Experience - Ha-Joon Chang
6. The Latin American Economies During the Second Half of the Twentieth Century-
from the Age of 'ISI' to the Age of 'The End of History' - Gabriel Palma
7. Rethinking African Development - Howard Stein
8. Transition Economies - Michael Ellman

PART III. Structural and Sectoral Issues
9. New Growth Theory - Ben Fine
10. Structural Change and Development: The Relative Roles of Effective Demand and the Price Mechanism in a 'Dual' Economy - Amit Bhaduri
11. Agriculture and Development: The Dominant Orthodoxy and
an Alternative View - Terry Byres

PART IV. Trade, Industry and Technology
12. Trade and Industrial Policy Issues - Ha-Joon Chang
13. Technology and Industrial Development in an Era of Globalization - Sanjaya Lall
14. Industrial Policy in the Early 21st Century: The Challenge of the Global Business Revolution - Peter Noi.An

PART V. Financial Markets and Corporate Governance
15. International Private Capital Flows and Developing Countries - Ilene Grabel
16. The 'Three Routes' to Financial Crisis: Chile, Mexico and Argentina [1]; Brazil [2]; and Korea, Malaysia and Thailand [3] - Gabriel Palma
17. The New International Financial Architecture, Corporate Governance and Competition in Emerging Markets: Empirical Anomalies and Policy Issues - Ajit Singh

PART VI. Poverty and Inequality
18. Rural Poverty and Gender: Analytical frameworks and Policy Proposals - John Sender
19. Globalization and the Distribution of Income between and within Countries Andrea Cornia
20. Increasing Poverty in a Globalized World: Marshall Plans and Morgenthau Plans as Mechanisms of Polarization of World Incomes - Erik Reinert

PART VII. Institutions and Governance
21. On Understanding Markets as Social and Political Institutions in Developing Economies - Barbara Harriss-White
22. Institutions and Economic Development in Historical Perspective - Ha-Joon Chang
23. Globalization, Global Governance and the Dilemmas of Development - Martin Khor
 
February 11, 2004.
 
 
  © International Development
Economics Associates 2004
 

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