The New Global Economy and Developing Countries
Making Openness Work
Bibliographic Data
| ID | 9820587 |
|---|---|
| Authors | Richard N Cooper (corresponding author) |
| Year | 1999 |
| Volume | 78 |
| Issue | 5 |
| Pages | 165 |
| Publication date | 1999-01-01 |
| Open Access | No |
| Type | REVIEW |
| Review of | The New Global Economy and Developing Countries: Making Openness Work (Overseas Development Council), Dani Rodrik, 1999 |
| Venue | Foreign Affairs (JOURNAL) |
| Journal identifiers | ISSN: 0015-7120 • E-ISSN: 2327-7793 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/20049465 |
| OpenAlex | W1574946700 |
| Language | EN |
| Citations received | 1 |
Policy makers in the developing world are grappling with new dilemmas created by openness to trade and capital flows. What role, if any, remains for the state in promoting industrialization? Does openness worsen inequality, and if so, what can be done about it? What is the best way to handle turbulence from the world economy, especially the fickleness of international capital flows? In The New Global Economy and Developing Countries Dani Rodrik argues that successful integration into the world economy requires a complementary set of policies and institutions at home. Policy makers must reinforce their external strategy of liberalization with an internal strategy that gives the state substantial responsibility in building physical and human capital and mediating social conflicts
Developing country · Development economics · Economic growth · Economic system · Economics · Economy · Openness to experience · Political economy · Political science · Work (physics · Engineering · Global Financial Crisis and Policies · International Development and Aid · Psychology
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| Highly cited | No |
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