The New Global Economy and Developing Countries

Policy-makers in the developing world are now grappling with new dilemmas created by openness to trade and capital flow. The author of this work argues that successful integration into the world economy requires a complementary set of policies and institutions as part of an internal strategy.

Autorentext
Dani Rodrik is Rafiq Hariri Professor of International Political Economy at the John F. Kennedy School of Government at Harvard University.

Klappentext
In this study, Rodrik argues that successful integration into the world economy requires a complementary set of policies and institutions at home. Policymakers 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.

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