Matches in SemOpenAlex for { <https://semopenalex.org/work/W1551662849> ?p ?o ?g. }
Showing items 1 to 69 of
69
with 100 items per page.
- W1551662849 startingPage "231" @default.
- W1551662849 abstract "This panel was convened at 9:00 a.m., Friday, April 11, by its moderator, Sylvia Kang'ara of the University of Washington School of Law, who introduced the panelists: Ross Leckow * of the International Monetary Fund; C.L. Lim of Hong Kong University; and Timothy A. Canova of Chapman University School of Law. THE TURN TO TRADE By Chin Leng Lim ([dagger]) INTRODUCTION Coming from Asia, saying that government policy matters to growth is motherhood. This is not just an East viewpoint either. Someone from the Harvard Business School wrote recently: Every country has a strategy for economic (1) In other words, all governments will have their own internal strategies for growth and development. The domestic space which governments have in the direction of their chosen development policies therefore becomes important. A second big issue today is that, taking the International Monetary Fund (IMF) as example, there is now a third group of some seventy-five middle-income and emerging market economies, including some East nations, that lies between the traditional two groups of lender nations and borrower nations. (2) Because these middle-income countries typically have regular access to private capital markets, their reliance on Fund lending is not as predictable, certainly not outside moments of crisis. Partly to halt such countries from drifting from the IMF, (3) the IMF decided in its annual meetings in 2006 in Singapore on ad hoc increases in the voting shares of China and South Korea, as well as increases in Mexico's and Turkey's voting shares. (4) When it comes to the specific problem of a potential Asian drift, one question today has to do with how you get China or South Korea to remain committed to the Fund. I will not be talking about that. I would like to focus on a wider problem, one that encompasses the whole range of developing countries, towards the World Trade Organization (WTO) as the central forum for the treatment of development concerns. THREE POINTS In short, I wish to address three points. First, a general drift towards the WTO as a serious forum for discussing development. Secondly, the issue of domestic policy space which, as I shall try to argue, was a large part of what the New International Economic Order (NIEO) was about. Thirdly, the contemporary revival of the NIEO, now centred in and around the WTO, and what that might tell us, more generally, about how the International Financial Institutions (IFIs) have fared in the eyes of developing countries. WHO KILLED THE NIEO? People say the problem with the NIEO was that the developing countries were not helping themselves, and that one great difference today is that developing countries have now moved on to a self-help model. To quote the textbook I use to teach my class: most developing nations are presently more interested in joining the developed world than in leading the developing world. (5) According to this telling of the story, developing countries learned an important lesson after the debt crisis of the 80s, and somehow realized, with some additional prompting, that trade and investment liberalization, deregulation and privatization would be more beneficial to them. In this way, the NIEO soon became an anachronism. Perhaps it was the McNamara era which really killed the NIEO. As they moved away from integrated rural development projects to structural adjustment lending, international agencies initially advised developing countries to devalue their currencies to boost exports and cut government spending in order to pay their petrodollars. But this soon became the basis for ever broader prescriptions to remove trade barriers, free prices and cut back state direction of the economy. (6) THE NIEO'S EQUAL PARTICIPATION DOCTRINE I do not wish to quarrel unduly with this view of what happened to the NIEO, but only to mention that one thing has remain unchanged throughout. …" @default.
- W1551662849 created "2016-06-24" @default.
- W1551662849 creator A5054997431 @default.
- W1551662849 creator A5077970380 @default.
- W1551662849 date "2008-01-01" @default.
- W1551662849 modified "2023-09-23" @default.
- W1551662849 title "Do International Financial Institutions Repress Development" @default.
- W1551662849 hasPublicationYear "2008" @default.
- W1551662849 type Work @default.
- W1551662849 sameAs 1551662849 @default.
- W1551662849 citedByCount "0" @default.
- W1551662849 crossrefType "journal-article" @default.
- W1551662849 hasAuthorship W1551662849A5054997431 @default.
- W1551662849 hasAuthorship W1551662849A5077970380 @default.
- W1551662849 hasConcept C10138342 @default.
- W1551662849 hasConcept C121087249 @default.
- W1551662849 hasConcept C138885662 @default.
- W1551662849 hasConcept C143910263 @default.
- W1551662849 hasConcept C162324750 @default.
- W1551662849 hasConcept C17744445 @default.
- W1551662849 hasConcept C191935318 @default.
- W1551662849 hasConcept C19244329 @default.
- W1551662849 hasConcept C199539241 @default.
- W1551662849 hasConcept C2778137410 @default.
- W1551662849 hasConcept C41895202 @default.
- W1551662849 hasConcept C520049643 @default.
- W1551662849 hasConcept C94625758 @default.
- W1551662849 hasConceptScore W1551662849C10138342 @default.
- W1551662849 hasConceptScore W1551662849C121087249 @default.
- W1551662849 hasConceptScore W1551662849C138885662 @default.
- W1551662849 hasConceptScore W1551662849C143910263 @default.
- W1551662849 hasConceptScore W1551662849C162324750 @default.
- W1551662849 hasConceptScore W1551662849C17744445 @default.
- W1551662849 hasConceptScore W1551662849C191935318 @default.
- W1551662849 hasConceptScore W1551662849C19244329 @default.
- W1551662849 hasConceptScore W1551662849C199539241 @default.
- W1551662849 hasConceptScore W1551662849C2778137410 @default.
- W1551662849 hasConceptScore W1551662849C41895202 @default.
- W1551662849 hasConceptScore W1551662849C520049643 @default.
- W1551662849 hasConceptScore W1551662849C94625758 @default.
- W1551662849 hasLocation W15516628491 @default.
- W1551662849 hasOpenAccess W1551662849 @default.
- W1551662849 hasPrimaryLocation W15516628491 @default.
- W1551662849 hasRelatedWork W1714519650 @default.
- W1551662849 hasRelatedWork W2024186258 @default.
- W1551662849 hasRelatedWork W2073172869 @default.
- W1551662849 hasRelatedWork W2076095305 @default.
- W1551662849 hasRelatedWork W2082524742 @default.
- W1551662849 hasRelatedWork W2100054058 @default.
- W1551662849 hasRelatedWork W2290224262 @default.
- W1551662849 hasRelatedWork W2328650896 @default.
- W1551662849 hasRelatedWork W2332071403 @default.
- W1551662849 hasRelatedWork W233779586 @default.
- W1551662849 hasRelatedWork W242095431 @default.
- W1551662849 hasRelatedWork W2529002968 @default.
- W1551662849 hasRelatedWork W261542471 @default.
- W1551662849 hasRelatedWork W271868316 @default.
- W1551662849 hasRelatedWork W303541845 @default.
- W1551662849 hasRelatedWork W3121552401 @default.
- W1551662849 hasRelatedWork W3123848933 @default.
- W1551662849 hasRelatedWork W333158257 @default.
- W1551662849 hasRelatedWork W346314430 @default.
- W1551662849 hasRelatedWork W35170673 @default.
- W1551662849 hasVolume "102" @default.
- W1551662849 isParatext "false" @default.
- W1551662849 isRetracted "false" @default.
- W1551662849 magId "1551662849" @default.
- W1551662849 workType "article" @default.