Globalisation Economic Development The Role Of The State

Author : Ha-Joon Chang
Publisher : Zed Books
ISBN 13 : 9781842771433
Total Pages : 348 pages
Book Rating : 4.34/5 ( download)

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Download or read book Globalisation, Economic Development & the Role of the State written by Ha-Joon Chang and published by Zed Books. This book was released on 2003-07 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ha-Joon Chang evaluates the role of the state in economics and development. In this collection of essays, he reviews theories and practices of state intervention as they have developed over two centuries of modern capitalism. He develops an institutionalist approach to the role of the state in economic change, and examines the issues involved in particular settings including industrial policy, trade policy, intellectual property rights, regulation, and strategies towards transnational corporations. He mounts a sophisticated theoretical and historical case for the continuing essential and constructive roles which the state can and must play in economic development.

Author : Ha-Joon Chang
Publisher :
ISBN 13 :
Total Pages : 348 pages
Book Rating : 4.27/5 ( download)

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Download or read book Globalisation, Economic Development, and the Role of the State written by Ha-Joon Chang and published by . This book was released on 2003 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Ha-Joon Chang
Publisher : Zed Books
ISBN 13 : 9781842771433
Total Pages : 224 pages
Book Rating : 4.34/5 ( download)

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Download or read book Globalization, Economic Development and the Role of the State written by Ha-Joon Chang and published by Zed Books. This book was released on 2004-03-04 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ha-Joon Chang evaluates the role of the state in economics and development. In this collection of essays, he reviews theories and practices of state intervention as they have developed over two centuries of modern capitalism. He develops an institutionalist approach to the role of the state in economic change, and examines the issues involved in particular settings including industrial policy, trade policy, intellectual property rights, regulation, and strategies towards transnational corporations. He mounts a sophisticated theoretical and historical case for the continuing essential and constructive roles which the state can and must play in economic development.

Author : Rumki Basu
Publisher : Sterling Publishers Pvt. Ltd
ISBN 13 : 9781932705799
Total Pages : 320 pages
Book Rating : 4.91/5 ( download)

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Download or read book Globalization and the Changing Role of the State written by Rumki Basu and published by Sterling Publishers Pvt. Ltd. This book was released on 2008 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributed seminar papers presented at national seminar, held on 4th-6th Dec., 2007, Dept. of Political Science, Jamia Millia Islamia.

Author : Farhang Morady, Hakan Kapucu, Ömer Yalçınkaya
Publisher : IJOPEC Publication
ISBN 13 : 1999703502
Total Pages : 318 pages
Book Rating : 4.09/5 ( download)

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Download or read book Development & Growth: Economic Impacts of Globalization written by Farhang Morady, Hakan Kapucu, Ömer Yalçınkaya and published by IJOPEC Publication. This book was released on 2017-04-14 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growth paradigm or the economic growth generally been presented as a positive, limitless and good for social problems. The term was hardly touched in pre-capitalism by any academic research. With the rise of capitalism and industrial revolution it became an important tool to measure production quantitatively and qualitatively. Industrialisation also encouraged the expansion of trade and gradual breakdown of the pre-capitalist order in 18th century in Britain. The spread of market had facilitated the specialisation, encouraging division of labour. Whilst for The Classical Political Economists; Adam Smith, David Ricardo and Thomas Malthus; economic growth is self-reinforcing. Marx pointed out importance of forces and relations of production and significance of social classes within it (Marx, 1863). Smith, Ricardo and Malthus were writing at a time when capitalist development was expanding fast and growth was a central in the process. The gradual impact of the West on the rest of world became part of a wider process of change in the World Economy. European capital increased its domination of the world trade through expansionist commercial policies (Wallerstein, 1979). The economic growth encouraged commerce. The necessity to export, and other technological changes formed part of the reason for the decline of feudalism. This transition from feudalism to capitalism began in the West and soon made an impact on the rest of the World. T Farhang Morady, Hakan Kapucu, Ömer Yalçınkaya (Development & Growth: Economic Impacts of Globalization) 12 In 1932 Simon Kuznets, the US economist identified Gross Domestic Product (GDP) to measure the national output of a country within a period. It has continued to be an important indicator to measure economic growth, but it has also been under considerable criticisms. For example; GDP treats resources as income without excluding depletion or depression of the resources. Moreover, GDP has been criticised for disregarding income distribution. Despite all the criticism, GDP has been the most significant indicator of growth and development. With the Post War-II reconstruction of devastated countries and in order to kick-start the World Economy, the state in both developed and developing counties became the important agency to facilitate economic growth. The establishment of the Bretton Woods institutions, the Keynesian model of government intervention and the US implementation of “New Deal” facilitated growth. This was deliberate strategy to reconstruct and create networks of international cooperation. This was pointed out by President Truman in 1949: A program of development based on the concepts of democratic fair-dealing. All countries, including our own, will greatly benefit from a constructive program for the better use of the World's human and natural resources (Truman, 1949). This meant the reinforcement and need to distribute the 'Benefits' of capitalist form of development, more widely, against the planned economy sustained by the Soviet Union. The economist such as Joseph Schumpeter pointed to the possibility that capitalist growth, if it is sustained, could abolish poverty (Schumpeter, 1954, pp66-68). Whilst development meant rapid industrialisation, GDP became a key policy objective for the policy makers and governments around the world, not just in the Soviet Union but the Western Capitalist World, to set targets for their Growth Rate. The end of the Cold War in the 1980s, for some, meant triumph of Neoliberal Capitalism. The others talked of trade liberalization; free movement of capital and the development of information technology, facilitating the relocation of businesses across the world. (Ohmae, 1995). Friedman suggested that globalization is the Inevitable; Integration of markets, nation-states and technologies ... enabling individuals, corporations and nation-states, to reach around the world farther, faster, deeper and cheaper than ever before (Friedman, 1999). Development & Growth: Economic Impact of Globalization (Edited by: Farhang Morady, Hakan Kapucu, Ömer Yalçınkaya) 13 Francis Fukuyama (1992) suggested the new era as ‘The End of History’ through which the ‘Liberal Idea’ triumphed, leading to a new global hegemony. For Fukuyama the only route to modernity, growth and development is the Neo-liberal Democratic path under Global Capitalism. This optimism was not shared by all academics, as Globalization produced poor growth and polarization of wealth: what Collier terms the ‘Bottom one Billion’ (2008). As a result, there has been major criticism of the World Bank and the International Monetary Funds in the second half of the 1990s, especially with the Asian financial and economic crises. The response from these institutions has been vigorous. They continued to believe that liberalization, deregulation, and privatization represent the best way forward for growth and development. With 2008 world recession the World Economy has faced a new challenge. The emergence of powerful economies such as; China, India and Brazil; helped the world economy to grow, at least for now. However, the unevenness of the world economy continues to cause difficulties especially the US as they feeling the threat of their competitors such as China, Germany and even India. The victory of Donald Trump as the S President has represented an ideological shift from free trade advocator of global capitalism to a mixture of right-wing populism. Before and after the presidential election, he called for the revival of the American economy, which has been under considerable pressure since 2008 World Recession. In order to prove growth rate Trump has a huge challenge ahead, not least to deal with the competition from South East Asian economies, especially China. It remains to be seen whether the new US administration will continue with their populist rhetoric In this book, “Economic Impacts of Globalization: Growth & Development”, several academicians provide different analysis of economic growth and economic development. The scientific ethics and responsibility of the works in the book belong to the authors / writers. The book compromises of 15 chapters focusing on economic growth and economic development in the era of globalisation. By taking different angles, they demonstrate different problems and solutions.

Author : Nikolaos Karagiannis
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781008409
Total Pages : 368 pages
Book Rating : 4.0X/5 ( download)

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Download or read book Modern State Intervention in the Era of Globalisation written by Nikolaos Karagiannis and published by Edward Elgar Publishing. This book was released on 2007-06-26 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Modern State Intervention in the Era of Globalisation is a thoughtful and well-researched assessment of the evolving role of the state in the contemporary world economy. This work is provocative because it goes against the predominant arguments in favor of a minimal state, as commonly asserted by neoclassical economics. Instead, Karagiannis and Madjd-Sadjadi think "outside of the box" and produce both theoretical arguments and evidence from important cases such as the EU, Singapore and Hong Kong to support the idea of a viable and continuing role for the "Developmental State". The scholarship underlying this very readable book, which includes contemporary material as well as ancient economic thought, is truly impressive. Readers will be left with much to reconsider about the benefits of globalisation.' - Patrick James, University of Southern California, US

Author : Cal Clark
Publisher : Nova Biomedical Books
ISBN 13 :
Total Pages : 192 pages
Book Rating : 4.95/5 ( download)

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Download or read book Globalization's Impact on State-local Economic Development Policy written by Cal Clark and published by Nova Biomedical Books. This book was released on 2001 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization's Impact on State-Local Economic Development Policy

Author : Joseph E. Stiglitz
Publisher : W. W. Norton & Company
ISBN 13 : 0393071073
Total Pages : 304 pages
Book Rating : 4.78/5 ( download)

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Download or read book Globalization and Its Discontents written by Joseph E. Stiglitz and published by W. W. Norton & Company. This book was released on 2003-04-17 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.

Author : Barbara Hogenboom
Publisher : Routledge
ISBN 13 : 1134125763
Total Pages : 449 pages
Book Rating : 4.60/5 ( download)

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Download or read book Big Business and Economic Development written by Barbara Hogenboom and published by Routledge. This book was released on 2006-12-21 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bringing together an international and multidisciplinary group of experts, this is the first comprehensive volume to analyze conglomerates and economic groups in developing countries and transition economies. Using sixteen in-depth case studies it provides a comparative framework for the study of contemporary process of privatization, economic and financial liberalization and neoliberal globalization. Exploring the various causes and economic, social and political effects of the rise of ‘big business’ in Asia, Latin America, Africa and Eastern Europe, the main issues that are examined include: the nature of contemporary economic concentration the relations between ‘local’ and ‘external’ investors the impact on development, and on economic and political control over its direction the new role of the state towards conglomerates and economics groups the effects of economic and political changes on the legitimacy of the state and large companies. This volume is perfect as either a textbook or supplementary reading for students at all levels, as well as researchers and governmental and non-governmental professionals working and studying in the fields of international business and economic development.

Author : John W. DeWitt
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313010714
Total Pages : 200 pages
Book Rating : 4.12/5 ( download)

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Download or read book Early Globalization and the Economic Development of the United States and Brazil written by John W. DeWitt and published by Bloomsbury Publishing USA. This book was released on 2002-01-30 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Placing the controversial globalization process in historical context, DeWitt brings this increasingly important topic to life through the experiences of the two most populous states of the Western Hemisphere—Brazil and the United States. Comparing their development processes from the Colonial Era to 1900, he highlights the dramatically different consequences that are incorporated into the world economy for these two states. Sharing similar experiences during the Colonial Era, the countries' internal differences and differing relationships with Great Britain, the economic superpower of the 19th century, led to very different development paths. By 1900, the United States had become a member of the economic core, while Brazil remained mired in the semi-periphery. Pointing out the similarities and differences in the economic development of the United States and Brazil, DeWitt emphasizes that the manner of incorporation into the world economy greatly affected one becoming a superpower and the other remaining a developing nation. This book offers unique insights into globalization, economic development, and the histories of the United States and Brazil.