1st Edition

Beyond Market-Driven Development Drawing on the Experience of Asia and Latin America

Edited By Costas Lapavitsas Copyright 2005
232 Pages
by Routledge

232 Pages
by Routledge

224 Pages
by Routledge

Because their economies were regulated, their financial systems ‘repressed’ and their states interventionist, for many years the countries of East Asia challenged the Washington consensus, offering an alternative development paradigm. However, in the 1990’s, Asian capitalism was disrupted following Japan’s stagnation and the financial crisis of 1997-98. Treading the unexplored theoretical... Read more

Introduction ‘Globalism and Developmentalism’. Part 1: Theoretical Framework 1. Beyond the Developmental State: Towards a Political Economy of Development 2. Can Asia Find Its Own Way of Development? Corporate Governance, System Conflict and Financial Crisis Part 2: Results of Globalization 3. Argentina: A Decade of the Convertibility Regime 4. State and Development in Korea after the Asian Crisis 5. Intellectual Property Rights and National Innovation Systems: Lessons from Mexico and Korea Part 3: Converging and Diverging of Paths of Economic Development 6. What Remains of the East Asian Model? 7. Evolutionary Privatization in China 8. Is East Asia Becoming ‘Latin Asia’? Lessons from the ‘Brazilian Miracle’ Part 4: Finance and Regionalism 9. Neoliberal Financial Integration and Financial Crisis in Emerging Economies 10. Bank-Based Versus Market-Based Financial Systems: Insights from the History of Economic Thought 11. East Asia and the Development of Regionalism

Biography

Costas Lapavitsas is Senior Lecturer in Economics at the School of Oriental and African Studies.