Industrial Policy in an Era of Globalization: Lessons from AsiaInstitute for International Economics, 2003 - 121 sayfa Globalization reigns supreme as a description of recent economic transformation--and it carries many meanings. In the policy realm, the orthodox terms of engagement have been enshrined in the "Washington consensus." But disappointing results in Latin America and transitional economies--plus the Asian financial crisis--have shaken the faith in Washington and elsewhere. One response has been to hark back to the more statist policies that the consensus marginalized. In this regard, Japan, Korea, and Taiwan are promoted as the poster nations that have derived great benefits from increasing integration with the international economy, without surrendering national autonomy in the economic or cultural spheres, effectively beating the West at its own game. The fundamental questions addressed in this monograph are whether industrial policy was indeed a major source of growth in these three economies, and if so, can it be replicated under current institutional arrangements, and if so, is it worth replicating, or, would developing countries today be better off embracing the suitably refined orthodoxy? |
İçindekiler
Industrial Policies in Japan Korea and Taiwan | 37 |
References | 38 |
Index | 54 |
Telif Hakkı | |
6 diğer bölüm gösterilmiyor
Diğer baskılar - Tümünü görüntüle
Industrial Policy in an Era of Globalization: Lessons from Asia Marcus Noland,Howard Pack Sınırlı önizleme - 2003 |
Industrial Policy in an Era of Globalization: Lessons from Asia Marcus Noland,Howard Pack Sınırlı önizleme - 2003 |
Industrial Policy in an Era of Globalization: Lessons from Asia Marcus Noland,Howard Pack Metin Parçacığı görünümü - 2003 |
Sık kullanılan terimler ve kelime öbekleri
Argentina argue Asia Asian countries Balassa benefits calculated capita income chaebol competitive corruption costs developing countries domestic dustrial effects estimates evidence example export externalities figure firms foreign Fred Bergsten Global growth accounting heavy and chemical Hong Kong human capital implementation important incentives increase indus industrial policy initial input-output inputs International Economics investment ISBN Japanese Jeffrey John Williamson Korea and Taiwan Kuomintang labor loans machinery macroeconomic Malaysia manufacturing Marcus Noland measure neglected sectors OECD output Pack and Westphal percent period physical capital policymakers political potential production function productivity growth promoted sectors quantitative real exchange rate reforms relatively Rodrik role SaKong Schott selective intervention share Singapore Source strategy subsidies success targeted tariff TFP growth rates Thailand tion total factor productivity Trade Policy trade protection trial policy University Press value added Washington consensus World Bank