The new global economy and developing countries : making openness work / Dani Rodrik.

The new global economy and developing countries : making openness work / Dani Rodrik.

x, 168 pages ; [28] cm.

156517027X
9781565170278

B 78 ROD.N

"Policymakers 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 this study, Dani 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."--Jacket.

Policy Essay No. 24 Table of Contents Foreward Executive Summary 1. Introduction 2. Openness in Perspective 3. Investment Strategies 4. Managing Turbulence in the World Economy 5. Is Africa Different? 6. Summary and Implications Appendix References About the Author About the ODC Board of Directors Received 18/08/2003 13.50 GBP.

Policy essay ; no. 24.

Washington, DC : Overseas Development Council, c1999.

eng

"Policymakers 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 this study, Dani 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."--Jacket.