Globalization, Economic Development and the Role of the State,9781842771426

Globalization, Economic Development and the Role of the State

by
ISBN13: 9781842771426
ISBN10: 1842771426
Format: Hardcover
Pub. Date: 2003-12-19
Publisher(s): Zed Books
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Summary

Ha-Joon Chang evaluates the role of the state in economics and development. In this collection of essays, he reviews theories and practices of state intervention as they have developed over two centuries of modern capitalism. He develops an institutionalist approach to the role of the state in economic change, and examines the issues involved in particular settings including industrial policy, trade policy, intellectual property rights, regulation, and strategies towards transnational corporations. He mounts a sophisticated theoretical and historical case for the continuing essential and constructive roles which the state can and must play in economic development.

Author Biography

Ha-Joon Chang is Assistant Director of Development Studies in the Faculty of Economics and Politics, University of Cambridge.

Table of Contents

Acknowledgements
Introduction 1(16)
PART I. THEORETICAL BACKGROUNDS
Theories of State Intervention in Historical Perspective
17(28)
The Golden Age and the Rise of the State
19(5)
The Fall of the Golden Age and the Neoliberal Upsurge
24(7)
Critical Evaluation of the Neoliberal Theories
31(5)
Conclusion
36(9)
State, Institutions and Structural Change
45(30)
Introduction
45(2)
Welfare Economics, Neoliberalism and Institutionalism
47(5)
The State as an Entrepreneur
52(5)
The State as the Manager of Conflicts
57(6)
Understanding the Role of the State in Different Types of Capitalism: `Industrial Policy' States Versus Social Corporatism
63(6)
Conclusion
69(6)
An Institutionalist Perspective on the Role of the State: Towards an Institutionalist Political Economy
75(30)
Introduction
75(2)
Disentangling the Neoliberal Agenda
77(4)
Some Institutionalist Criticisms of the Foundations of the Neoliberal Analysis of Market, State, and Politics
81(16)
Conclusion: Towards an Institutionalist Political Economy
97(8)
PART II. DOMESTIC POLICY ISSUES
The Political Economy of Industrial Policy
105(52)
Introduction
105(8)
The Logic of Industrial Policy (I): The Static Dimension
113(13)
The Logic of Industrial Policy (II): The Dynamic Dimension
126(10)
Possible Problems of Industrial Policy
136(11)
Conclusion
147(10)
The Economics and Politics of Regulation
157(42)
Introduction
157(2)
Historical Evolution
159(18)
Going Beyond: Some Neglected Themes
177(13)
Conclusion
190(9)
Public Enterprises in Developing Countries and Economic Efficiency: A Critical Examination of Analytical, Empirical, and Policy Issues
199(74)
Introduction
199(1)
The `Inefficiency' of Public Enterprises: Preliminary Considerations
200(6)
The `Efficiency' of Public Enterprises: Theoretical Perspectives
206(10)
Assessment of Empirical Evidence on Relative Efficiency of Public Enterprises: Conceptual Issues
216(9)
Empirical Evidence on Public Enterprise Performance in the LDCs
225(2)
How can Public Enterprise Performance be Improved?
227(11)
Concluding Remarks
238(9)
PART III. POLICY ISSUES IN THE NEW GLOBAL CONTEXT
Globalisation, Transnational Corporations, and Economic Development: Can the Developing Countries Pursue Strategic Industrial Policy in a Globalising World Economy?
Introduction
247(1)
Globalisation and the Rise of TNCs: Myths, Facts and Neglected Details
248(7)
TNCs and Economic Development
255(5)
Does the Rise of Transnational Corporations Make Strategic Industrial Policy by Developing Countries Impossible?
260(5)
Policy Options for Developing Countries
265(3)
Conclusion
268(5)
Intellectual Property Rights and Economic Development: Historical Lessons and Emerging Issues
273(32)
Introduction
273(2)
Technology Transfer, IPRs, and Economic Development in a Historical Perspective
275(9)
Intellectual Property Rights and Economic Development
284(9)
TRIPS and the Developing Countries
293(5)
Conclusion
298(7)
Institutional Foundations for Effective Design and Implementation of Selective Trade and Industrial Policies in the Least Developed Countries: Theory and Evidence
305(23)
Introduction: The Lineage of the Debate
305(4)
Markets, Policies, and Institutions: Some Theoretical Clarifications
309(1)
Institutions for Selective Industrial and Trade Policies: Learning from Past Experiences
310(15)
Changing International Conditions for the Use of SIT Policies
325(3)
Summary and Conclusion
328

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