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Financing Development: The Power of Regionalism

Editor

Listed:
  • Nancy Birdsall
    (Center for Global Development)

  • Liliana Rojas-Suarez
    (Peterson Institute for International Economics)

Abstract

This book advocates adding more open and radical regionalism to strategies for the financing of economic and social development in Africa, Asia, and Latin America. Editors Nancy Birdsall and Liliana Rojas-Suarez argue that agreements among countries within regions, rather than detracting from an open multilateral system, can promote greater integration into the global trading and financial system by helping to build the domestic institutions that developing countries need to cope with the challenges of the global economy. The essays in this volume point to the unrealized potential of regionalism in promoting not only reduction of trade barriers, but shared investment in infrastructure and enhanced policy cooperation in development of financial markets. The book also offers fresh insights on how regional development banks can catalyze collective action.

Suggested Citation

  • Nancy Birdsall & Liliana Rojas-Suarez (ed.), 2004. "Financing Development: The Power of Regionalism," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 359.
  • Handle: RePEc:iie:ppress:359
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    References listed on IDEAS

    as
    1. Nancy Birdsall & John Williamson, 2002. "Delivering on Debt Relief: From IMF Gold to a New Aid Architecture," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 337.
    2. Jeffrey D. Sachs, 2000. "Tropical Underdevelopment," CID Working Papers 57, Center for International Development at Harvard University.
    3. Sebastian Edwards, 1995. "Why are Saving Rates so Different Across Countries?: An International Comparative Analysis," NBER Working Papers 5097, National Bureau of Economic Research, Inc.
    4. Easterly, William & Rebelo, Sergio, 1993. "Fiscal policy and economic growth: An empirical investigation," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 417-458, December.
    5. Reinhart, Carmen & Plies, William, 1999. "Saving in Latin America and Lessons from Europe: An Overview," MPRA Paper 6987, University Library of Munich, Germany, revised 1999.
    6. Eichengreen, Barry & Frankel, Jeffrey A., 1995. "Economic regionalism: Evidence from two 20th century episodes," The North American Journal of Economics and Finance, Elsevier, vol. 6(2), pages 89-106.
    7. Wilson, John Douglas, 1999. "Theories of Tax Competition," National Tax Journal, National Tax Association;National Tax Journal, vol. 52(2), pages 269-304, June.
    8. Diamond, Peter A & Mirrlees, James A, 1971. "Optimal Taxation and Public Production: I--Production Efficiency," American Economic Review, American Economic Association, vol. 61(1), pages 8-27, March.
    9. Jeffrey D. Sachs, 2000. "Tropical Underdevelopment," CID Working Papers 57A, Center for International Development at Harvard University.
    10. John Luke Gallup & Jeffrey D. Sachs & Andrew Mellinger, 1999. "Geography and Economic Development," CID Working Papers 01A, Center for International Development at Harvard University.
    11. Robert Pastor, 2001. "Toward a North American Community: Lessons from the Old World for the New," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 331.
    12. Allen Kelley & Robert Schmidt, 1995. "Aggregate population and economic growth correlations: The role of the components of demographic change," Demography, Springer;Population Association of America (PAA), vol. 32(4), pages 543-555, November.
    13. Diaz-Alejandro, Carlos, 1985. "Good-bye financial repression, hello financial crash," Journal of Development Economics, Elsevier, vol. 19(1-2), pages 1-24.
    14. Kelley, Allen C. & Schmidt, Robert M., 1995. "Aggregate Population and Economic Growth Correlations: The Role of the Components of Demographic Change," Working Papers 95-37, Duke University, Department of Economics.
    15. Diamond, Peter A & Mirrlees, James A, 1971. "Optimal Taxation and Public Production II: Tax Rules," American Economic Review, American Economic Association, vol. 61(3), pages 261-278, June.
    16. Wilson, John Douglas, 1999. "Theories of Tax Competition," National Tax Journal, National Tax Association, vol. 52(n. 2), pages 269-304, June.
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