Escape from Empire: The Developing World's Journey through Heaven and Hell
AbstractThe American government has been both miracle worker and villain in the developing world. From the end of World War II until the 1980s poor countries, including many in Africa and the Middle East, enjoyed a modicum of economic growth. New industries mushroomed and skilled jobs multiplied, thanks in part to flexible American policies that showed an awareness of the diversity of Third World countries and an appreciation for their long-standing knowledge about how their own economies worked. Then during the Reagan era, American policy changed. The definition of laissez-faire shifted from "Do it your way" to an imperial "Do it our way." Growth in the developing world slowed, income inequalities skyrocketed, and financial crises raged. Only East Asian economies resisted the strict prescriptions of Washington and continued to boom. Why? In Escape from Empire, Alice Amsden argues provocatively that the more freedom a developing country has to determine its own policies, the faster its economy will grow. America's recent inflexibility--as it has single-mindedly imposed the same rules, laws, and institutions on all developing economies under its influence--has been the backdrop to the rise of two new giants, China and India, who have built economic power in their own way. Amsden describes the two eras in America's relationship with the developing world as "Heaven" and "Hell"--a beneficent and politically savvy empire followed by a dictatorial, ideology-driven one. What will the next American empire learn from the failure of the last? Amsden argues convincingly that the world--and the United States--will be far better off if new centers of power are met with sensible policies rather than hard-knuckled ideologies. But, she asks, can it be done?
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoThis book is provided by The MIT Press in its series MIT Press Books with number 0262012340 and published in 2007.
Contact details of provider:
Web page: http://mitpress.mit.edu
africa; united states; devlopment; policy;
Find related papers by JEL classification:
- F0 - International Economics - - General
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Arjan de Haan, 2013. "The Social Policies of Emerging Economies: Growth and Welfare in China and India," Working Papers 110, International Policy Centre for Inclusive Growth.
- Hinh T. Dinh & Thomas G. Rawski & Ali Zafar & Lihong Wang & Eleonora Mavroeidi, 2013. "Tales from the Development Frontier : How China and Other Countries Harness Light Manufacturing to Create Jobs and Prosperity," World Bank Publications, The World Bank, number 15763, March.
- Carley, Sanya & Lawrence, Sara & Brown, Adrienne & Nourafshan, Andrew & Benami, Elinor, 2011. "Energy-based economic development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(1), pages 282-295, January.
- de Haan, A., 2009. "Will China change international development as we know it?," ISS Working Papers - General Series 18718, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jake Furbush).
If references are entirely missing, you can add them using this form.