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Washington Consensus, The: A Critical Evaluation Of The Principles And Implications For Economic Development, Imad A Moosa


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Автор: Imad A Moosa
Название:  Washington Consensus, The: A Critical Evaluation Of The Principles And Implications For Economic Development
ISBN: 9789811236402
Издательство: World Scientific Publishing
Классификация:
ISBN-10: 9811236402
Обложка/Формат: Hardback
Страницы: 372
Вес: 0.67 кг.
Дата издания: 14.07.2021
Серия: Economics/Business/Finance
Язык: English
Размер: 229 x 152 x 18
Читательская аудитория: Tertiary education (us: college)
Ключевые слова: Development economics & emerging economies, BUSINESS & ECONOMICS / Development / Economic Development,POLITICAL SCIENCE / International Relations / General
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Поставляется из: Англии
Описание: The objective of the book is to evaluate critically the ten principles of the Washington Consensus, which govern the conditionality provisions of the IMF and World Bank, and guide the so-called economic reform in developing countries. The book starts with an overview of the Consensus, followed by a chapter on IMF conditionality and how they are related. Since the Consensus is inherently neoliberal, a chapter is devoted to a critique of the free market doctrine and the concept of economic freedom as seen by free marketeers. The ten principles of the Washington Consensus (referred to as the ten commandments) are divided into four groups: fiscal reform, interest and exchange rate policies, liberalization of trade and foreign direct investment, and privatization and deregulation (including property rights).The book is written in the normative tradition of what ought to be, as opposed to the positive tradition of what is. While it may be tempting to describe the work as polemic, the underlying issues contain such a significant moral component that pretending to be neutral would be a betrayal of justice and morality. In essence, the arguments put forward in the book are intended to dismantle, discredit and debunk a set of principles that are effectively used to loot developing countries.

Critique of the new consensus macroeconomics and implications for india

Автор: Nachane, Dilip. M.
Название: Critique of the new consensus macroeconomics and implications for india
ISBN: 8132239180 ISBN-13(EAN): 9788132239185
Издательство: Springer
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Цена: 74530.00 T
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Описание: The thought-provoking book presents alternative viewpoints to mainstream macroeconomic theory, questions conventional policy wisdom and suggests a systematic re-orientation of current macroeconomic and financial regulatory policies in India.The New Consensus Macroeconomics (NCM), which established itself in the 1980s as mainstream macroeconomics, essentially represents an “uneasy truce” between two dominant schools of economic thought viz. New Classical and Neo-Keynesian economics. The NCM sets the tone for much of the macroeconomic (especially monetary) policy followed by the advanced economies in the period of the Great Moderation (1990–2005). The recent global crisis has posed a major challenge to the NCM as empirical models based on the NCM failed to anticipate the occurrence of the crisis and later its extent and severity. The above considerations constitute the underpinnings of this book, which addresses the theoretical controversies within a general context and their policy implications for India. The authors’ analysis leads to a somewhat critical assessment of the financial sector policies followed in India since the initiation of reforms in 1991. This makes the book a valuable resource not only for researchers working in this area, but also for policy makers.

Latin america after the washington consensus

Автор: International Policy, Pacific Council On
Название: Latin america after the washington consensus
ISBN: 0595385850 ISBN-13(EAN): 9780595385850
Издательство: Неизвестно
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Цена: 14270.00 T
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Описание: In spite of the defeat of hyperinflation and improvements in macroeconomic management, the 1990s Washington Consensus-based reforms failed to reverse long-existing declines in productivity in Latin America. They also failed to create adequate local credit markets necessary for higher and more stable growth.

By neglecting key matters of distribution, social welfare and investment in the region's human resources, the reforms have limited the prospects for long-term growth and left millions of Latin Americans feeling as if they have little stake in democratic governance and market economics. Drawing upon insights from top political and economic analysts from Latin America and the United States, Latin America after the Washington Consensus: Re-assessing Policies and Priorities discusses the need to reduce current levels of inequality and unemployment, invest in education to increase productivity and competitiveness, and strengthen the capacity of the state to withstand changes in the global economy.

Reaching higher rates of growth would solve many of the region's problems, but most Latin American countries have yet to generate the institutional and social conditions that would sustain such growth and endow local economies with more resilience. Warning against one-size-fits-all solutions, Latin America after the Washington Consensus insists that each Latin American state must respond to these challenges with pragmatic strategies based on its own strengths and weaknesses.


International Development and the Washington Consensus

Автор: Marangos, John
Название: International Development and the Washington Consensus
ISBN: 0367200058 ISBN-13(EAN): 9780367200053
Издательство: Taylor&Francis
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Цена: 38780.00 T
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Описание: With this book, John Marangos offers an insightful historical and theoretical review of the Washington Consensus and its successors among the mainstream.

International Development and the Washington Consensus

Автор: Marangos, John
Название: International Development and the Washington Consensus
ISBN: 0367200031 ISBN-13(EAN): 9780367200039
Издательство: Taylor&Francis
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Цена: 148010.00 T
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Описание: With this book, John Marangos offers an insightful historical and theoretical review of the Washington Consensus and its successors among the mainstream.

The Beijing Consensus?

Автор: Chen
Название: The Beijing Consensus?
ISBN: 1107138434 ISBN-13(EAN): 9781107138438
Издательство: Cambridge Academ
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Цена: 115110.00 T
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Описание: Is there a distinctive Chinese model for law and economic development? The book answers this question as China rises higher in its global standing. Advancing debates on alternative development programs, with a particular focus on social and political contexts, this book demonstrates that essentially, no model exists.

Beijing Consensus?

Автор: Chen Weitseng
Название: Beijing Consensus?
ISBN: 1316503038 ISBN-13(EAN): 9781316503034
Издательство: Cambridge Academ
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Цена: 40130.00 T
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Описание: Is there a distinctive Chinese model for law and economic development? The book answers this question as China rises higher in its global standing. Advancing debates on alternative development programs, with a particular focus on social and political contexts, this book demonstrates that essentially, no model exists.

Balanced, Sustainable And Competitiveness Enhancement Study For Vietnam: A Critical Evaluation With Development Potentials

Автор: Tan Khee Giap, Luu Nguyen Trieu Duong, Nguyen Duy, Vu Tien Loc
Название: Balanced, Sustainable And Competitiveness Enhancement Study For Vietnam: A Critical Evaluation With Development Potentials
ISBN: 981327302X ISBN-13(EAN): 9789813273023
Издательство: World Scientific Publishing
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Цена: 132000.00 T
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Описание: Drawing on the studies by the Asia Competitiveness Institute (ACI) at the Lee Kuan Yew School of Public Policy (LKYSPP), National University of Singapore (NUS), this book titled Balanced, Sustainable and Competitiveness Enhancement Study for Vietnam: A Critical Evaluation with Development Potentials, which is a joint research collaboration between the National Research Project on Improving Vietnam's Competitiveness and ACI-LKYSPP-NUS, provides a detailed assessment of the Vietnamese economy. We contend that Vietnam is at a critical juncture in its development whereby a new wave of far-reaching reforms is required to address persistent structural weaknesses and unleash the country's economic potentials. In addition, Vietnam's new growth model must tackle widening regional disparities which puts Vietnam at risk of becoming one country with two economies where the southern region of Vietnam pulls too far ahead of its northern and central counterparts. Based on our analysis, we propose a comprehensive policy roadmap for Vietnam to achieve balanced and sustainable development for enhanced competitiveness. The successful completion of this reform agenda will set Vietnam firmly on a dynamic growth path which will allow the country to catch up with the more advanced ASEAN member states by 2040.

Resource Efficiency: Potential and Economic Implications Summary for Policy-Makers

Название: Resource Efficiency: Potential and Economic Implications Summary for Policy-Makers
ISBN: 9211587395 ISBN-13(EAN): 9789211587395
Издательство: Mare Nostrum (Eurospan)
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Цена: 20330.00 T
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Описание: Documents examples of best practices for increasing the resource efficiency of different sectors from countries around the world. Key findings show that policies and initiatives to improve resource efficiency and tackle climate change can reduce global resource extraction by up to 28% globally in 2050, against the baseline.

Achieving Skill Mobility in the ASEAN Economic Community: Challenges, Opportunities, and Policy Implications

Название: Achieving Skill Mobility in the ASEAN Economic Community: Challenges, Opportunities, and Policy Implications
ISBN: 9292571176 ISBN-13(EAN): 9789292571177
Издательство: Mare Nostrum (Eurospan)
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Цена: 16630.00 T
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Описание: This report examines the challenges the Association of Southeast Asian Nations (ASEAN) member states face under the ASEAN Economic Community in achieving the goal of greater mobility for the highly skilled, including hurdles in recognizing professional qualifications, opening up access to certain jobs, and a limited willingness by professionals ...

Global Economic Trends and the Future of Warfare: The Changing Global Environment and Its Implications for the U.S. Air Force

Автор: Shatz Howard J., Chandler Nathan
Название: Global Economic Trends and the Future of Warfare: The Changing Global Environment and Its Implications for the U.S. Air Force
ISBN: 1977402984 ISBN-13(EAN): 9781977402981
Издательство: Неизвестно
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Цена: 31270.00 T
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Описание: This volume of the Future of Warfare series examines some of the most notable economic trends that could affect U.S. national security: increasing pressure on the global trading system, relative declines in U.S. and allied economic might, the rise of China, the search for new resources, the shrinking defense industrial base, and the decreasing power of U.S. sanctions.

Information Technology, productivity, and Economic Growth – International Evidence and Implications for Economic Development

Автор: Matti Pohjola
Название: Information Technology, productivity, and Economic Growth – International Evidence and Implications for Economic Development
ISBN: 0199243980 ISBN-13(EAN): 9780199243983
Издательство: Oxford Academ
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Цена: 150480.00 T
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Описание: The often-advocated view that the information technology revolution will change the world must stem from the basic premiss that invesent in IT has a visible impact on productivity and economic growth. But how can we measure this impact and how large is it? By surveying previous studies and by presenting new micro- and macroeconomic evidence, this collection shows that in recent years the use of IT in the production of goods and services has had a strong influence on productivity and economic growth in industrial and in newly industrialized countries. Yet developing countries seem neither to have invested in IT nor benefited from such investments to the same extent as industrial countries. There is concern that information is becoming a commodity, like income and wealth, by which countries are classified as rich and poor. The contributors to this volume argue that investment in infrastructure, physical capital, and education is the key to economic development. This is an old policy prescription in the economics of development. What is new is the suggestion that the IT content of these investments should be high. The use of IT is so widely spread throughout the world economy that no single country can avoid investing in this technology if it wants to improve the standard of living of its citizens. Besides providing citizens with access to IT and to IT education and training, governments should promote participation in the information society, thus generating a sufficiently strong demand base for information products. By developing advanced applications of IT, and by becoming a model for the private sector, governments can alter worker, firm, and consumer attitudes, and lower their costs of adopting IT. The use of IT, not necessarily its production, is what matters for economic development.

Disruptive Innovation in Chinese and Indian Businesses: The Strategic Implications for Local Entrepreneurs and Global Incumbents

Автор: Ping Li Peter
Название: Disruptive Innovation in Chinese and Indian Businesses: The Strategic Implications for Local Entrepreneurs and Global Incumbents
ISBN: 1138851949 ISBN-13(EAN): 9781138851948
Издательство: Taylor&Francis
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Цена: 46950.00 T
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Описание: With the rapid development of China and India as new economic powers in global competition, an obvious question is whether these emerging economies are great opportunities or threats. Whilst answers are bound to differ depending on one’s perspective, it is increasingly clear that more local firms, especially local entrepreneurs, from these emerging economies will play a more critical role in global competition by becoming challengers to global incumbents. Indeed, the fact that the majority of their populations are at the bottom of the pyramid, and thus cannot afford products designed for the developed markets, has made these emerging economies fertile ground for developing and applying disruptive innovations. A novel mix of key attributes distinctive from those of established technologies or business models, disruptive innovations are typically inferior, yet affordable and "good-enough" products or services, which originate in lower-end market segments, but later move up to compete with those provided by incumbent firms. This book sheds new light on disruptive innovations both from and for the bottom of the pyramid in China and India, from the point of view of local entrepreneurs and international firms seeking to operate their businesses there. It covers both the theoretical and practical implications of disruptive innovation using conceptual frameworks alongside detailed case studies, whilst also providing a comparison of conditions and strategic options in India and China. Further, unlike existing studies, this book focuses on the neglected perspective of local challengers as the primary players, and in doing so reveals the extent to which the future landscape of global competition may be shaped by disruptive innovation, as well as its capacity to make the world "flatter" and more sustainable. This unique book will be valuable to both scholars and practitioners interested in disruptive innovation and those working in the fields of Asian studies, international business, economics and globalization.


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