Rethinking Development Economics - (Anthem Frontiers of Global Political Economy and Development) by Ha-Joon Chang (Paperback)

About the Book

This title represents the most forward thinking and comprehensive review of development economics currently available.

Book Synopsis

This title represents the most forward thinking and comprehensive review of development economics currently available.

From the Back Cover

'Impressive... provides a very good compendium of what are usually classified as "heterodox" development economics... an excellent volume.' Journal of International Development This important new collection tackles the failure of neoliberal reform to generate longterm growth and reduce poverty in many developing and transition economies. As dramatically demonstrated in the collapse of the WTO's Seattle talks, there is increasing dissatisfaction, in both developing and developed countries, with the emerging neoliberal global economic order. The resignations of Joseph Stiglitz and Ravi Kanbur from the World Bank emphasize that this disillusionment with the orthodoxy now exists at the very heart of the establishment. Yet the increasing demand for an alternative to this orthodoxy is not being met. Over the last few decades, the older generation of development economists have been edged out of most major universities, particularly in the USA. The situation in most developing countries is even worse: although there is more demand for alternatives to orthodox development economics, these countries have even less capability to generate such alternatives. Rethinking Development Economics is intended to fill this gap. It addresses key issues in development economics, ranging from macroeconomics, finance and governance to trade, industry, agriculture and poverty. Bringing together some of the foremost names in the field, this comprehensive and timely collection constitutes a critical staging-post in the future of development economics.

Review Quotes

'Impressive...provides a very good compendium of what are usually classified as "heterodox" development economics...an excellent volume.' -'Journal of International Development'

'Tackling the alleged failure of neo-liberal reform to generate long-term growth and reduce poverty in many developing and transition economies, this collection offers alternatives to the present orthodoxy advocated by the World Bank and the IMF.' -'Business Horizons'

About the Author

Ha-Joon Chang has taught at the Faculty of Economics and Politics, University of Cambridge, since 1990.