Putting Development First: The Importance of Policy Space in the WTO and International Financial InstitutionsKevin P. Gallagher Some of the world's most prominent development thinkers address the following question in this volume: to what extent are the rules and economic forces that govern the global economy shrinking the 'policy space' that developing countries can draw from in order to construct policies to raise the standards of living of their people? They then analyse the possibly considerable room for manoeuvre that developing countries still have at their disposal despite global macro-economic realities, IMF/World Bank policies, and the trade rules regime of the World Trade Organization. Finally, the authors suggest actual policies that could be put in place in order to preserve existing spaces for development and to expand the tools developing countries can deploy. |
From inside the book
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Page 4
... factors of production were developed in the " Heckscher - Ohlin " model . This model assumes that in all countries there is perfect competition , technology is constant and readily available , there is the same mix of goods and services ...
... factors of production were developed in the " Heckscher - Ohlin " model . This model assumes that in all countries there is perfect competition , technology is constant and readily available , there is the same mix of goods and services ...
Page 47
... factor markets respond to these needs , protection cannot allow firms to reach competitive levels . Factor market interventions also have to be selective as well as functional , for three reasons . First , several factor needs are ...
... factor markets respond to these needs , protection cannot allow firms to reach competitive levels . Factor market interventions also have to be selective as well as functional , for three reasons . First , several factor needs are ...
Page 68
... factors and suppliers and to induce TNCs to transfer these activities and functions . This may not involve protection if the local workforce is sufficiently skilled the Singapore story . However , Singapore had to use a battery of ...
... factors and suppliers and to induce TNCs to transfer these activities and functions . This may not involve protection if the local workforce is sufficiently skilled the Singapore story . However , Singapore had to use a battery of ...
Contents
Development Policies in a World of Globalization | 15 |
The Role of the State in | 33 |
Toward the Optimum Degree of Openness | 69 |
Copyright | |
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Putting Development First: The Importance of Policy Space in the WTO and ... Kevin P. Gallagher No preview available - 2005 |
Common terms and phrases
activities American Amsden Argentina argued Article Asian benefits capabilities capital cent China competition costs developing countries developing world developmental disciplines Doha Doha Declaration Doha Round domestic East Asia economic development economic growth effects electricity sector enterprises environmental European Union export firms foreign investment free trade GATS global important income increase India industrial policy infrastructure innovation institutions integration intellectual property intellectual property rights interventions investment rules investors issues Japan Korea manufacturing ment multilateral NAFTA NDCs negotiations neoliberal patent performance requirements policy space political production promotion protection reform regime restrictions Rodrik role S&DT Singapore Singh South special and differential Stiglitz strategy subsidies sustainable development Taiwan tariff tion Trade in Services TRIPS Agreement UNCTAD United University Uruguay Round Washington Consensus WGTI World Bank World Trade Organization WTO Agreements