Because their economies were regulated, their financial systems ‘repressed’ and their states interventionist, for many years the countries of East Asia challenged the Washington consensus, offering an alternative development paradigm. However, in the 1990’s, Asian capitalism was disrupted following Japan’s stagnation and the financial crisis of 1997-98.
Treading the unexplored theoretical terrain created by the simultaneous decline of the Washington Consensus and Asian developmentalism, this revealing book analyzes the comparative political economy of East Asia and Latin America. Divided into four key sections, it covers:
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.
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Costas Lapavitsas is Senior Lecturer in Economics at the School of Oriental and African Studies.
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Book Description Buch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - 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. Seller Inventory # 9780415359603
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