Putting Development First: The Importance of Policy Space in the WTO and International Financial Institutions
Kevin P. Gallagher, Alice Hoffenberg Amsden
Bloomsbury Academic, 2005 - Business & Economics - 301 pages
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.
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activities advantage Agreement allow areas argued Asia Bank benefits CALIFORNIA capital cent century China commitments competition costs create developing countries domestic East economic effects electricity energy enterprises example experience export firms foreign GATS global growth important income increase India industrial policy innovation institutions integration intellectual interest investment issues Italy less liberalization LIBRARIES limited manufacturing means measures Members ment negotiations neoliberal obligations Organization patent performance period political possible production promotion proposed protection recent regime regional requirements restrictions result role Round rules S&DT SAN DIEGO sector selective social South South Korea space standards strategy studies subsidies success suggest sustainable tariff trade transfer TRIPS Agreement United UNIVERSITY