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 46
... infant industry protection . 18 In building initial capacity in new industrial activities , for instance , free markets may not give correct signals for investment in new technologies when there are high , unpredictable learning costs ...
... infant industry protection . 18 In building initial capacity in new industrial activities , for instance , free markets may not give correct signals for investment in new technologies when there are high , unpredictable learning costs ...
Page 108
... infant industry promotion strategy , its most ardent user was the United States - Paul Bairoch once called it " the mother country and bastion of modern protectionism " ( 1993 : 30 ) . Indeed , the first systematic arguments for infant ...
... infant industry promotion strategy , its most ardent user was the United States - Paul Bairoch once called it " the mother country and bastion of modern protectionism " ( 1993 : 30 ) . Indeed , the first systematic arguments for infant ...
Page 109
... infant industry promotion strategy when they were in catching - up positions . The exceptions to this historical pattern are Switzerland and the Netherlands . These , however , were countries that stood very close to ( or even at ) the ...
... infant industry promotion strategy when they were in catching - up positions . The exceptions to this historical pattern are Switzerland and the Netherlands . These , however , were countries that stood very close to ( or even at ) the ...
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