Putting Development First: The Importance of Policy Space in the WTO and International Financial InstitutionsKevin 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 77
... implying that productivity and employment growth should be complementary , not competitive , strategies . In particular , public investments either in the social sector or in infra- structure , energy , and communications are essential ...
... implying that productivity and employment growth should be complementary , not competitive , strategies . In particular , public investments either in the social sector or in infra- structure , energy , and communications are essential ...
Page 95
... imply protection . Strategic economics prescribes free trade , protection , subsidies , or some combination , depending on a country's circumstances and level of industrialization . In some sectors and at some times , a country should ...
... imply protection . Strategic economics prescribes free trade , protection , subsidies , or some combination , depending on a country's circumstances and level of industrialization . In some sectors and at some times , a country should ...
Page 209
... implies that neoliberalism , in its efforts to enthrone markets and privilege capital , may have facilitated " behind its own back " an economic transformation that undercuts the basis of capital's political privilege . In the North ...
... implies that neoliberalism , in its efforts to enthrone markets and privilege capital , may have facilitated " behind its own back " an economic transformation that undercuts the basis of capital's political privilege . In the North ...
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 Amsden argued Article Asian benefits capabilities capital cent China competition costs crisis 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 investors free trade GATS global important income increase India industrial policy infant industry infrastructure innovation institutions integration intellectual property intellectual property rights interventions investment rules IPRs issues Japan Korea LIBRARIES manufacturing ment multilateral NAFTA NDCs negotiations neoliberal patent performance requirements policy space political production promotion protection reforms regime restrictions Rodrik role S&DT 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