IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-52370-8_15.html
   My bibliography  Save this book chapter

Escaping the Squeeze: Lessons from East Asia on how Middle-income Countries can Grow Faster

In: John Kenneth Galbraith and the Future of Economics

Author

Listed:
  • Robert Hunter Wade

Abstract

Middle-income countries continue to be under pressure to further open their economies to free trade and investment, to privatize state-owned assets, deregulate entry and exit to sectors, and give no preference to domestic firms over foreign firms. The pressure comes from the global economic multilaterals (especially the WTO, IMF and the World Bank), and from the US government and the EU;1 and beyond ‘pressure’, the appropriateness of such moves is ‘in the air’ of the ‘international development community’, and an operating premise of the leading English-language opinion-makers like the Financial Times and The Economist. The consensus is justified by the claim that these policy shifts will lead to faster rates of investment and economic growth, and thence to faster rises in average living standards and faster falls in the proportion of the population living below the national poverty line. In so far as they are adopted by many countries, the benefits will spread synergistically.

Suggested Citation

  • Robert Hunter Wade, 2005. "Escaping the Squeeze: Lessons from East Asia on how Middle-income Countries can Grow Faster," Palgrave Macmillan Books, in: Blandine Laperche & Dimitri Uzunidis (ed.), John Kenneth Galbraith and the Future of Economics, chapter 14, pages 196-213, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-52370-8_15
    DOI: 10.1057/9780230523708_15
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below 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.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Doner, Richard, 2012. "Success as Trap? Crisis Response And Challenges To Economic Upgrading in Export-Oriented Southeast Asia," Working Papers 45, JICA Research Institute.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-52370-8_15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.