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This is a critique of the attempts of the G7 industrialized countries to rewrite the rules of international finance. It includes case studies on capital controls from Chile and Malaysia and is aimed at scholars and students of international political economy and development and reform activists.
The Making of a Post-Keynesian Economist: Cambridge Harvest gathers up the threads of the last decade of the author's twenty eight years in Cambridge, before his return to Australia. The essays include autobiography, theory, review articles, surveys, policy, intellectual biographies and tributes, and general essays.
This book measures the current institutional and political realities surrounding globalization against philosophical ideals. Though the contributors share no particular orthodoxy, they do share the conviction that human responsibility is possible in circumstances that often appear to deny human agency.
When pundits refer to the death of community, they are speaking of a number of social ills, which include, but are not limited to, the general increase in isolation and cynicism of our citizens, widespread concerns about declining political participation and membership in civic organizations, and periodic outbursts of small town violence. Making a Place for Community argues that this death of community is being caused by contemporary policies that, if not changed, will continue to foster the decline of community. Increased capital flow between nations is not at the root of the problem, however, increased capital flow within our nation is. Small towns shouldn't have to hope for a prison to open nearby and downtown centers shouldn't sit empty as suburban sparwl encroaches, but they do and it's a result of widely agreed upon public policies.
The Political Economy of Competitiveness offers an original perspective on the relationship between economic theory and policy. It places the issues within an accessible political economy perspective. Rejecting the narrowness of mainstream economics the authors deploy an interdisciplinary approach to the problem of economic growth, placing it in its historical and political context. Issues covered include: * trade theory and policy * industrial decline and policy * markets, competition and innovation * globalisation, unemployment and government policy. The book provides a valuable guide to the major economic policy issues for both economists and business students.
As Malaysia's government responded to the 1997-98 financial crisis, the global financial community criticised its measures as bail outs for politically-influential corporate interests. This book examines the Asian crisis and government policy responses, with emphasis on capital controls as well as corporate, bank and debt restructuring exercises.
An argument that globalization is an ungoverned integration process in which US firms are agents of structural change. It describes the benefits and costs (for example, generating pressure for protection of US home markets), and reviews the expansion of interdependencies between the US and others.
It is now more than fifty years since the United Nations system and the Bretton Woods institutions were created. The world has changed since then, and so have its governance needs in terms of institutions and rules. It is time to think about the contours of institutions and governance that would meet the needs of the world economy, and also polity, at least for the first quarter of the twenty-first century. This book is the first to examine the subject in depth.
The Asian financial crisis of 1997-98 shook the foundations of the global economy. What began as a localized currency crisis soon engulfed the entire Asian region. What went wrong and how did the Asian economies, long considered "miracles," respond? How did the United States, Japan and other G-7 countries react to the crisis? What role did the IMF play? Why did China remain conspicuously insulated from the turmoil raging in its midst? What lessons can be learnt from the crisis by other emerging economies? This book provides answers to all the above questions and more. It gives a comprehensive account of how the international economic order operates, examines its strengths and weaknesses, and what needs to be done to fix it. The book will be vital to students of economics, international political economy, Asian and development studies.