Beyond market-driven development : drawing on the experience of Asia and Latin America / edited by Costas Lapavitsas and Makoto Noguchi.

Format:

Book

Contributor:

Noguchi, Makoto, 1948-2003.

Lapavitsas, Costas, 1961-

Series:

Routledge studies in development economics ; 43.

Routledge studies in development economics ; 43

Language:

English

Subjects (All):

Asia--Economic conditions.

Asia.

Economic conditions.

Asia--Economic policy.

Economic policy.

Latin America--Economic conditions.

Latin America.

Latin America--Economic policy.

Physical Description:

xi, 217 pages : illustrations ; 24 cm.

Place of Publication:

London ; New York : Routledge, 2005.

Summary:

For many years the countries of East Asia challenged the Washington consensus and offered an alternative development paradigm because their economies were regulated, their financial systems "repressed" and their states interventionist. However, Asian capitalism was disrupted in the 1990s following Japan's stagnation and the financial crisis of 1997-98. "Beyond Market-Driven Development" treads the unexplored theoretical terrain created by the simultaneous decline of the Washington consensus and Asian developmentalism and analyzes the comparative political economy of East Asia and Latin America. 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.

Contents:

Introduction: Globalism and developmentalism / Makoto Noguchi 1

Part I Theoretical framework 15

1 Beyond the developmental state: Towards a political economy of development / Ben Fine 17

2 Can Asia find its own way of development? Corporate governance, system conflict and financial crisis / Makoto Noguchi 34

Part II Results of globalization 49

3 Argentina: A decade of the convertibility regime / Roberto Frenkel 51

4 State and development in Korea after the Asian crisis / Dae-Hwan Kim 63

5 Intellectual property rights and national innovation systems: Lessons from Mexico and Korea / Jaime Aboites, Mario Cimoli 88

Part III Converging and diverging paths of economic development 115

6 What remains of the East Asian model? / K. Sundaram Jomo 117

7 Evolutionary privatisation in China / Tomo Marukawa 136

8 Is East Asia becoming 'Latin Asia'? Lessons from the 'Brazilian miracle' / Makoto Sano 150

Part IV Finance and regionalism 165

9 Neo-liberal financial integration and financial crisis in emerging economies / Ilene Grabel 167

10 Bank-based versus market-based financial systems: Insights from the history of economic thought / Costas Lapavitsas 181

11 East Asia and the development of regionalism / Hitoshi Hirakawa 200.

Notes:

Includes bibliographical references and index.

ISBN:

0415359600

OCLC:

56567524