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
... leads to a contraction of lending , further contributing to the economic downturn . ) Even countries with moderate debt - to - GDP ratios may not be able to service that debt , if the international capital markets suddenly decide that ...
... leads to a contraction of lending , further contributing to the economic downturn . ) Even countries with moderate debt - to - GDP ratios may not be able to service that debt , if the international capital markets suddenly decide that ...
Page 45
... lead to the development of deeper capabilities , an understanding of the principles of the technology ( know - why ) : this requires a discrete strategy to invest in deepening . The deeper the levels of technological capabilities aimed ...
... lead to the development of deeper capabilities , an understanding of the principles of the technology ( know - why ) : this requires a discrete strategy to invest in deepening . The deeper the levels of technological capabilities aimed ...
Page 256
... leads to unemployment rather than reduced wages . However , in the United States the flexible labor market prevents ... lead to even greater imbalances between the North and the South . To sum up , the North's insistence on graduation ...
... leads to unemployment rather than reduced wages . However , in the United States the flexible labor market prevents ... lead to even greater imbalances between the North and the South . To sum up , the North's insistence on graduation ...
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