Struggling with success challenges facing the international economy - Krueger, Anne O. (World Scientific Pub Co Inc., 2012)
Globalization, by which is meant the increasing economic interdependence among nations, has been a critical ingredient in enabling enormous improvement in mankind's condition. While progress has not always been smooth, and has not come without dislocation for some, the economic policy challenge has been, and is, to enable the realization of the large potential benefits of globalization while simultaneously reducing the negative side effects and providing safety nets for those whose lives are disrupted in the process. This volume focuses on the successes of globalization, and some of the main e
Preface; Acknowledgements; List of Abbreviations; CONTENTS; Chapter 1: Overview; REFERENCES; Part I: Successes of Globalization; Chapter 2: Be Careful What you Wish For; REFERENCES; Chapter 3: Trade Policy and Economic Development: How We Learn; I. EVOLUTION OF THEORY, UNDERSTANDING, AND POLICY; A. The Early Years; B. Accepted Stylized Facts and Premises; C. Initial Policies; D. Resulting Evolution of Policies; E. Research Directions and Contributions; F. East Asian Experience; II. HOW DID ECONOMISTS AND RESEARCHERS GO WRONG?; A. Misapplication of Good Theory; B. Negative Results