The Order Of Economic Liberalization

Author : Ronald I. Mckinnon
Publisher : JHU Press
ISBN 13 : 9780801847431
Total Pages : 260 pages
Book Rating : 4.35/5 ( download)

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Download or read book The Order of Economic Liberalization written by Ronald I. Mckinnon and published by JHU Press. This book was released on 1993-10 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can knowledge of financial policies in developing countries over four decades help the socialist economies of Asia and Eastern Europe become open market economies in the 1990s? In all these countries the loss of fiscal and monetary control has often resulted in high inflation that undermines the liberalization process itself. In the second edition of The Order of Economic Liberalization, Ronald McKinnon builds on his influential work on the liberalization of financial markets in less developed countries and outlines the progression necessary to move from a "repressed" to an open economy. New to this edition are chapters that contrast the gradual Chinese approach to liberalizing domestic and foreign trade with the "big bang" approach followed by some Eastern European countries and republics of the former Soviet Union. Financial control and macroeconomic stability, McKinnon argues, are more critical to a successful transition than is any crash program to privatize state-owned industrial assets and the banking system.

Author : Andrew Rosser
Publisher : Routledge
ISBN 13 : 1136855793
Total Pages : 256 pages
Book Rating : 4.95/5 ( download)

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Download or read book The Politics of Economic Liberalization in Indonesia written by Andrew Rosser and published by Routledge. This book was released on 2013-07-04 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the dynamics shaping the economic process of economic liberalisation in Indonesia since the mid-1980's. Much writing on the process of economic liberalisation in developing countries views economic liberalisation as the victory of economic rationality over political and social interests. In contrast, this book argues that economic liberalisation should not be understood in these terms, but rather in the way that political social interests shape processes of economic reform in both a positive and negative sense. Specifically, Rosser argues that economic liberalisation needs to be understood in terms of the extent to which economic crises shift the balance of power and influence within society away from coalitions opposed to reform and towards those in favour of reform. In the Indonesian context, the main coalitions that need to be examined in this respect are the politico-bureaucrats and the conglomerates who have generally opposed reform and mobile capitalists who have generally supported reform. Based on extensive original research, and providing much new material, the book considers the politics of economic policy-making in Indonesia in a range of sectors including the capital market, intellectual property law, the banking industry, and the trade and investment sectors. Analysing why the nature of economic policy in Indonesia has varied over time, this study argues that there is nothing inevitable about a transition to a fully-fledged liberal market order in Indonesia, and outlines possible future scenarios for the country's political economy.

Author : Stephen J. King
Publisher : Indiana University Press
ISBN 13 : 9780253215833
Total Pages : 182 pages
Book Rating : 4.38/5 ( download)

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Download or read book Liberalization Against Democracy written by Stephen J. King and published by Indiana University Press. This book was released on 2003-06-18 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation Local-level study of a rural Tunisian town that illustrates why market-oriented economic reforms have not necessarily led to politicl liberalization. Indiana Series in Middle East Studies Mark Tessler, general editor.

Author : Paul W. Drake
Publisher : Princeton University Press
ISBN 13 : 0691227896
Total Pages : 218 pages
Book Rating : 4.94/5 ( download)

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Download or read book The Origins of Liberty written by Paul W. Drake and published by Princeton University Press. This book was released on 2021-03-09 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why would sovereigns ever grant political or economic liberty to their subjects? Under what conditions would rational rulers who possess ultimate authority and who seek to maximize power and wealth ever give up any of that authority? This book draws on a wide array of empirical and theoretical approaches to answer these questions, investigating both why sovereign powers might liberalize and when. The contributors to this volume argue that liberalization or democratization will only occur when those in power calculate that the expected benefits to them will exceed the costs. More specifically, rulers take five main concerns into account in their cost-benefit analysis as they decide to reinforce or relax controls: personal welfare, personal power, internal order, external order, and control over policy--particularly economic policy. The book shows that repression is a tempting first option for rulers seeking to maximize their benefits, but that liberalization becomes more attractive as a means of minimizing losses when it becomes increasingly certain that the alternatives are chaos, deposition, or even death. Chapters cover topics as diverse as the politics of seventeenth-century England and of twentieth-century Chile; why so many countries have liberalized in recent decades; and why even democratic governments see a need to reduce state power. The book makes use of formal modeling, statistical analysis, and traditional historical analysis. The contributors are Paul Drake, Stephen Haggard, William Heller, Robert Kaufman, Phil Keefer, Brian Loveman, Mathew McCubbins, Douglass North, Ronald Rogowski, and Barry Weingast.

Author : Yung Chul Park
Publisher : Harvard University Press
ISBN 13 : 9780674251281
Total Pages : 375 pages
Book Rating : 4.88/5 ( download)

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Download or read book Financial Liberalization and Economic Development in Korea, 1980-2020 written by Yung Chul Park and published by Harvard University Press. This book was released on 2021-03-30 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: Korea's financial development has been a tale of liberalization and opening but the new system has failed to steer the country away from financial crises. This study analyzes the changes in the financial system and finds that financial liberalization has contributed little to grow and stabilize the Korean economy.

Author : Gerardo Angeles-Castro
Publisher : Routledge
ISBN 13 : 1000260933
Total Pages : 140 pages
Book Rating : 4.39/5 ( download)

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Download or read book Economic Liberalisation in Latin America written by Gerardo Angeles-Castro and published by Routledge. This book was released on 2020-11-26 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the process of economic liberalisation in Latin America and revises the transition from the import substitution industrialisation model to market-oriented reforms. It explains the theoretical foundations of the neoliberal paradigm and the implications of the policies that were labelled as the Washington Consensus. The book also incorporates an assessment on the socio-political norms added to the orthodox prescription, the so-called Post-Washington Consensus. The study comprises a general analysis on the subcontinent and on different economic liberalisation paths, and looks at four country case studies: Mexico, Brazil, Chile, and Uruguay, from the 1980s to recent years. From this approach, the reader can analyse weaknesses and strengths, the socioeconomic performance, and the difficulties that Latin America has presented through the turbulent process of economic liberalisation, both at an early stage and over the long run, by means of country case studies encompassing the most diverse and representative styles of economic openness in the subcontinent. This allows them to identify the challenges the country faces and the appropriate policies they can follow to cope with sustained economic growth, poverty reduction, and income distribution within an economically open environment. The study is carried out by analysing and contrasting theoretical and empirical perspectives, allowing a broader understanding of the topics. The book is complementary reading for textbooks, due to the objectivity with which it addresses important and quotidian issues in the region, associating empirical and theoretical topics, and facilitating the understanding of the international political economy of Latin America. It is also suitable for practitioners and researchers, because of the depth in which it covers specific topics and the useful analysis it conducts to incorporate policy implications and suggestions for achieving equitable growth in a context of liberal markets.

Author : Gerd Nonneman
Publisher : Lynne Rienner Publishers
ISBN 13 : 9781555876395
Total Pages : 346 pages
Book Rating : 4.90/5 ( download)

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Download or read book Political and Economic Liberalization written by Gerd Nonneman and published by Lynne Rienner Publishers. This book was released on 1996 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume assesses the surges in the processes of democratisation and economic liberalisation, and the forms they have taken. Diverse country studies are used to advance the reader's understanding of the complexities of these processes.

Author : Sebastian Edwards
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.37/5 ( download)

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Download or read book The Order of Liberalization of the External Sector in Developing Countries written by Sebastian Edwards and published by . This book was released on 1984 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Francisco Gutiérrez Sanín
Publisher : IDRC
ISBN 13 : 0745330630
Total Pages : 365 pages
Book Rating : 4.31/5 ( download)

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Download or read book Economic Liberalization and Political Violence written by Francisco Gutiérrez Sanín and published by IDRC. This book was released on 2010-09-15 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of workers struggles against management regimes in Britain's car industry from the Second World War to the late 1980s.

Author : Branko Milanović
Publisher : M.E. Sharpe
ISBN 13 : 9780873325684
Total Pages : 212 pages
Book Rating : 4.80/5 ( download)

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Download or read book Liberalization and Entrepreneurship written by Branko Milanović and published by M.E. Sharpe. This book was released on 1989 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book starts from the premise that economic liberalization - reduced state interference in economic life - is the common element in the current trend towards privatization and deregulation in the West and economic reform and restructuring in the East. In popular parlance, "privatization" and "perestroika" are its watchwords, Margaret Thatcher and Mikhail Gorbachev its heralds. But the specific character of the liberalization will be determined by the social characteristics of different societies. In order to study the reform process in the two systems, it is necessary to dispose of a general conceptual framework capable of embracing both a (predominantly) market economy and a (predominantly) centrally planned economy. The key objective of this work is to provide such a unified framework, and on that basis to analyze the policy conflicts that dominated both systems in the 1980s and the prospects for further change in the years ahead.