Synopses & Reviews
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.
About the Author
Jomo K.S. is Professor in the Department of Analytical Economics and
Shyamala Nagaraj is Professor in the Department of Applied Statistics, both in the Faculty of Economics and Administration, the University of Malaya, Kuala Lumpur.
Table of Contents
Globalization: What Does It Mean?--Deepak Nayyer * Implications of the GATT Uruguay Round for Development: The Malaysian Case--Mohamed Aslam & Jomo K.S. * The WTO and the South: Implications of the Emerging Global Economic Governance for Development--Martin Khor * Replicating the Experience of the NIEs on a Large Scale--Robert Rowthorn * Organization, Finance and Late Industrialization--William Lazonick & Mary O'Sullivan * Financial Intermediation and Restraint for Accelerating Industrialization--Chin Kok Fay & Jomo K.S. * Financial Liberalization and Its Implications for Industrializing Economies--Ajit Singh * International Financial Liberalization and the Crisis of East Asian Development--Jomo K.S.
Globalization: What Does It Mean?--Deepak Nayyer * Implications of the GATT Uruguay Round for Development: The Malaysian Case--Mohamed Aslam & Jomo K.S. * The WTO and the South: Implications of the Emerging Global Economic Governance for Development--Martin Khor * Replicating the Experience of the NIEs on a Large Scale--Robert Rowthorn * Organization, Finance and Late Industrialization--William Lazonick & Mary O'Sullivan * Financial Intermediation and Restraint for Accelerating Industrialization--Chin Kok Fay & Jomo K.S. * Financial Liberalization and Its Implications for Industrializing Economies--Ajit Singh * International Financial Liberalization and the Crisis of East Asian Development--Jomo K.S.