The world is experiencing a surge of international regulations aimed at limiting the development policy options of developing country governments. Of the three big agreements coming out of the Uruguay Round – on investment measures (TRIMS), trade in services (GATS), and intellectual property...

This leading international development scholar assesses the current conventional wisdom about globalization and liberalized markets. In a comprehensive analysis, he outlines what the proponents of neoliberal policies believe and then debunks those arguments one by one. He goes on to show how...

Ever since the financial crisis of 1997, the International Monetary Fund and the U.S. Treasury have been less insistent on opening capital markets around the world. But the author has little doubt that when the dust settles, the push for unrestricted capital flows will strengthen again. Ethiopia...

This is less a review of George Soros's new book than an answer to it and a call for further reform. The author believes Soros has some good ideas about how to expand the West's giving to poorer nations. He would like to see a more dramatic change in the international financial system to reduce...

Many developing and transitional countries have grown faster than advanced countries in the past decade, resulting in a shift in the distribution of world income in their favor. China is now the second largest economy in the world, behind the United States and ahead of Japan. As the relative...

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