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 21
... interest rate should remain moderate . But if the interest rate soars , the country will have a problem servicing the debt , the default probability will be high , and , accordingly , the high interest rate is perfectly rational ( see ...
... interest rate should remain moderate . But if the interest rate soars , the country will have a problem servicing the debt , the default probability will be high , and , accordingly , the high interest rate is perfectly rational ( see ...
Page 132
... interest to developing countries ( WGC 1999e ) . This idea was supported by a number of developing countries , such as Cuba , the Dominican Republic , Honduras , Indonesia , Nicaragua , and Pakistan ( WGC 1999c ) , the African Group ...
... interest to developing countries ( WGC 1999e ) . This idea was supported by a number of developing countries , such as Cuba , the Dominican Republic , Honduras , Indonesia , Nicaragua , and Pakistan ( WGC 1999c ) , the African Group ...
Page 190
... interest . Similarly , General Motors India ( GMI ) Ltd claims to have helped its parent source components from India , including a major export order from GM Europe that also helped GMI to meet its export obligation . GMI is also ...
... interest . Similarly , General Motors India ( GMI ) Ltd claims to have helped its parent source components from India , including a major export order from GM Europe that also helped GMI to meet its export obligation . GMI is also ...
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 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