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Description - Beyond Market Driven Development by Costas Lapavitsas

Because their economies were regulated, their financial systems 'repressed' and their states interventionist, for many years the countries of East Asia challenged the Washington consensus, offering an alternative development paradigm. However, in the 1990's, Asian capitalism was disrupted following Japan's stagnation and the financial crisis of 1997-98. Treading the unexplored theoretical terrain created by the simultaneous decline of the Washington Consensus and Asian developmentalism, this revealing book analyzes the comparative political economy of East Asia and Latin America. Divided into four key sections, this book covers: - Theoretical Framework - Results of Globalization - Converging and Diverging of Paths of Economic Development - Finance and Regionalism Through the juxtaposition of countries in East Asia and Latin America, leading academics analyze the impact of government intervention, institutional malfunction, social transformation and financial change as well as conflict and power on economic development. This book will prove to be invaluable to students and academics of development economics.

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Book Details

ISBN: 9780415359603
ISBN-10: 0415359600
Format: Hardback
(234mm x 156mm x mm)
Pages: 224
Imprint: Routledge
Publisher: Taylor & Francis Ltd
Publish Date: 2-Jun-2005
Country of Publication: United Kingdom

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Author Biography - Costas Lapavitsas

School of Oriental and African Studies, London

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