Structural Adjustment, Global Trade, and the New Political Economy of DevelopmentThis book argues that the changes in the global economy are so profound that the world is now confronted with nothing less than a new political economy of development. The changes include: the continuing rise in the power of multinational corporations; the standardized policy package of structural adjustment now imposed by the World Bank and IMF; the coercive and much more far-reaching rules governing international trade in goods and services embodied in the World Trade Organization Agreements; the OECD's impending Multilateral Agreement on Investment; the new international conventions on the environment; and globalization generally. The author provides an intellectually commanding survey of this new terrain. He subjects its economic and ideological assumptions to trenchant critique and shows how the rules of the game primarily reflect the interests of the rich and powerful countries of the North. |
Contents
List of Tables 6 179 | 6 |
one Introduction | 15 |
three Structural Adjustment | 66 |
Copyright | |
9 other sections not shown
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Structural Adjustment, Global Trade, and the New Political Economy of ... Biplab Dasgupta No preview available - 1998 |
Common terms and phrases
Africa agricultural areas Asia authoritarian billion BWIS capital cent Chapter comparative advantage competition conditionalities cost crisis debt declined despite developed countries Development Committee domestic East Asian East Asian countries ECLAC economic enterprises environment environmental exports external favour firms fiscal deficit Fund Fund-Bank Further GATT global growth rate Hong Kong import substitution India Indonesia industrialisation industries inflation Institute interest groups interest rates investment issues Japan Killick labour land reform LDCs lending liberalisation loan London macro-economic major Malaysia Marakesh agreement ment MNCs Mosley negotiations OECD Olson operating Organisation period Political Economy poor countries private sector production programme protection public sector regime rent-seeking rich countries role share Singapore social South Korea Southeast Asian stabilisation structural adjustment subsidies Taiwan tariff textiles Thailand tion UNCTAD United Uruguay Round wages World Bank