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Industrial policy in an era of globalization : lessons from Asia /

"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...

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Bibliographic Details
Main Author: Noland, Marcus, 1959- (Author)
Other Authors: Pack, Howard
Format: Book
Language:English
Published: Washington, D.C. : Institute for International Economics, 2003.
Series:Policy analyses in international economics.
Subjects:
Industrial policy > Asia.
Asia > Economic policy.
Economic stabilization > Asia.
Politique industrielle > Asie.
Stabilisation économique > Asie.
Asie > Politique économique.
Politique industrielle.
Mondialisation.
Asie.
Economic policy
Economic stabilization
Industrial policy
Asia
Globalisierung
Industriepolitik
Asien
Industriepolitiek.
Economische stabiliteit.
Economic stabilization > Asia
Industrial policy > Asia
Asia > Economic policy
Online Access:full text available in pdf format at same site;
Table of contents
Table of contents
Description
Summary:"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?"
Item Description:"March 2003."
Physical Description:xi, 121 pages : illustrations ; 23 cm.
Also available online.
Also issued online.
Bibliography:Includes bibliographical references (pages 103-110) and index.
ISBN:0881323500
9780881323504