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. |
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Page 6
... economic growth . Institutional innovation coupled with macroeconomic and political stability is key to the growth process ( Wacziarg and Welch 2003 ) . Indeed , there is now fairly widespread agreement among growth economists that ...
... economic growth . Institutional innovation coupled with macroeconomic and political stability is key to the growth process ( Wacziarg and Welch 2003 ) . Indeed , there is now fairly widespread agreement among growth economists that ...
Page 246
... economic growth on the basis of the alleged openness of the two countries to the world economy . Openness is measured here in terms of the rate of growth of exports and imports . It is argued that the fast economic growth in the two ...
... economic growth on the basis of the alleged openness of the two countries to the world economy . Openness is measured here in terms of the rate of growth of exports and imports . It is argued that the fast economic growth in the two ...
Page 248
... economic growth . An important lesson from the experience of the Latin American countries during the dirigiste period and the East Asian countries ( examined earlier ) is that since developing countries have incomplete and missing ...
... economic growth . An important lesson from the experience of the Latin American countries during the dirigiste period and the East Asian countries ( examined earlier ) is that since developing countries have incomplete and missing ...
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 |
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activities Amsden argued Article Asian benefits CALIFORNIA 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 infant industry infrastructure innovation institutions integration intellectual property intellectual property rights interventions investment rules investors IPRs issues Japan Korea LIBRARIES manufacturing ment multilateral NAFTA NDCs negotiations neoliberal patent performance requirements policy space political production promotion protection regime restrictions Rodrik role S&DT SAN DIEGO Singapore South special and differential Stiglitz strategy subsidies sustainable development Taiwan tariff technology transfer Trade in Services TRIPS Agreement UNCTAD United UNIVERSITY Uruguay Round Washington Consensus WGTI World Bank World Trade Organization WTO Agreements