Globalisation, development and transition : conversations with eminent economists

XVIII, 537 S.

Ill., graph. Darst.

a

Includes bibliographical references and index

The fall and rise of globalisation -- Introduction -- Globalisation v. 'globaphobia' -- The gains from trade and good governance -- When did globalisation begin? -- The 'great reversal' : international disintegration and recovery -- Financial globalisation -- The benefits and costs of financial integration -- Exchange rate regimes and the 'open-economy trilemma' -- The role of the International Monetary Fund -- Globalisation and the IMF : some lessons from the 1990s -- International labour migration -- The 'offshore outsourcing' controversy -- The size of nations -- Growth, productivity and international competitiveness -- Analysing global competitiveness -- The Growth Competitiveness Index -- The Business Competitiveness Index -- The Global Competitiveness Index -- Improving competitiveness of developing countries -- Conclusion -- Economic development in historical perspective -- Introduction -- The 'great escape' -- Alternative measures of 'progress' -- Income measures -- Beyond income measures of progress : basic needs, the PQLI and life expectancy -- The Human Development Index -- Competitiveness indices -- Measures of freedom -- Anthropometrics -- The economics of obesity -- The economics of happiness and life satisfaction -- The birth of development economics -- From the 'dirigiste consensus' to the 'Washington consensus' and beyond -- Growth and development -- Growth, development and the role of institutions -- Economic history and institutions -- Bandits and kleptocrats -- Barriers to growth and development -- Sub-Saharan Africa's 'growth tragedy' -- From 'Marshall Plan' to Millennium Development Goals -- 2005 : a 'pivotal year' in the development debate? -- The foreign aid controversy -- Aid and poverty traps -- Foreign aid : a 'weapon of mass salvation' -- Conclusion -- The rise and fall of the socialist system and the trials of transition -- Introduction -- The legacy of Marx -- The rise and fall of the socialist system and the Soviet Union, 1917-91 -- From 'golden age' growth to slowdown -- Western perceptions of the socialist system -- Economic analysis under socialism -- From glasnost and perestroika to transition -- The political economy of transition -- A third way : is market socialism feasible? -- Alternative paths of transition : the shock therapy v. gradualism debate -- The political economy of reform -- Conclusion

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