Globalization Versus Development

by K. Jomo, S. Nagaraj

Overview

Both globalization and development are contested terms. Establishing their meaning and exploring how the two interact in the real world are crucial to understanding the expansion of the global economy. Globalization versus Development addresses the implication of recent globalization for economic development prospects in the South in general, including references to the relatively open economies of Southeast Asia. The contributors take a critical perspective on the effects of trade liberalization; explore the challenges for development in the face of globalization; and focus on financial liberalization and its likely implications for sustaining development with reference to the aftermath of the financial crisis.

Product Details

ISBN-13:	9780333919651
Publisher:	Palgrave Macmillan UK
Publication date:	08/03/2001
Series:	International Political Economy Series
Edition description:	2001
Pages:	240
Product dimensions:	5.51(w) x 8.50(h) x 0.02(d)

About the Author

MOHAMED ASLAM Lecturer, Department of Analytical Economics, University of Malaya, Kuala Lumpur CHIN KOK FAY Lecturer, Faculty of Development Sciences, National University of Malaya MARTIN KHOR Director, Third World Network, Penang, Malaysia SANJAYA LALL Professor, Green College, Oxford University, United Kingdom WILLIAM LAZONICK Director, Institute of Industrial Competitiveness, University of Massachusetts, Lowell, USA DEEPAK NAYYER Professor, Centre for Economic Studies, Jawaharlal Nehru University, New Delhi, India MARY O'SULLIVAN Assistant Professor, INSEAD, France ROBERT ROWTHRON Professor, Faculty of Economics and Politics, Cambridge University AJIT SINGH Professor, Faculty of Economics and Politics, Cambridge University

Table of Contents

List of Tables List of Charts and Figures List of Abbreviations Notes on the Contributors Acknowledgements Introduction; K.S.Jomo Globalization: What Does It Mean?; D.Nayyer Implications of the GATT Uraguay Round for Development: The Malaysian Case; M.Aslam with K.S.Jomo The WTO and the South: Implications of the Emerging Global Economic Governance for Development; M.Khor Replicating the Experience of the NIEs on a Large Scale; R.Rowthorn The Global Financial Casino; H.Henderson Financial Intermediation and Restraint for Accelerating Industrialization; C.K.Fay with K.S.Jomo Financial Liberalization and Its Implications for Industrializing Economies; A.Singh International Financial Liberalization and the Crisis of East Asian Development; K.S.Jomo Keynesian Economics: A Note on its Relevance and Limitations in the Face of Globalization; J.Ghosh Bibliography Index