Globalization and competition : why some emergent countries succeed while others fall behind / Luiz Carlos Bresser Pereira.
Material type:
TextPublication details: Cambridge ; New York : Cambridge University Press, 2010.Description: 1 online resource (v, 256 pages) : illustrationsContent type: - text
- computer
- online resource
- 9780511691515
- 0511691513
- 9780511691928
- 0511691920
- 9780511692635
- 0511692633
- 1107205158
- 9781107205154
- 0511849389
- 9780511849381
- 1282817914
- 9781282817913
- 9786612817915
- 6612817917
- 0511690037
- 9780511690037
- 0511689292
- 9780511689291
- 0511690770
- 9780511690778
- Economic development -- Developing countries
- Developing countries -- Economic policy
- Finance -- Developing countries
- Competition -- Developing countries
- BUSINESS & ECONOMICS -- International -- General
- BUSINESS & ECONOMICS -- International -- Economics
- Competition
- Economic development
- Economic policy
- Finance
- Developing countries
- 337.09172/4 22
- HC59.7 .P447 2010eb
| Item type | Current library | Collection | Call number | Status | Date due | Barcode | Item holds | |
|---|---|---|---|---|---|---|---|---|
eBook
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e-Library | EBSCO Business | Available |
Includes bibliographical references and index.
Globalization and catching up -- The key institution -- New developmentalism -- The tendency of the exchange rate toward overvaluation -- The Dutch disease -- Foreign savings and slow growth -- Foreign savings and financial crises.
"Globalization and Competition explains why some middle-income countries, principally those in Asia, grow fast, while others are not as successful. The author criticizes both old-style developmentalism and the economics of the Washington Consensus. He argues, instead, for a "new developmentalism" or third approach that builds on a national development strategy. This approach differs from the neoliberal strategy that rich nations propose to emerging economies principally on macroeconomic grounds." "Developing countries face a key obstacle to growth, namely, the tendency to over valuate foreign exchange. Instead of neutralizing it, the policy that rich countries promote mistakenly seeks growth through foreign savings, which causes additional appreciation of the national currency and often results in financial crises, rather than genuine investment."--Jacket
Print version record.
English.
Added to collection customer.56279.3