Towards New Developmentalism: Market as Means rather than Master by Shahrukh Rafi KhanTowards New Developmentalism: Market as Means rather than Master by Shahrukh Rafi Khan

Towards New Developmentalism: Market as Means rather than Master

EditorShahrukh Rafi Khan, Jens Christiansen

Hardcover | October 21, 2010

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The global financial and economic crisis starting in 2007 has provoked the exploration of alternatives to neo-liberalism. Although neo-liberalism has been critiqued from various perspectives, these critiques have not coalesced into a concrete alternative in development economics literature. The main objective of this book is to name and formulate this alternative, identify what is new about this viewpoint, and project it on to the academic landscape.

This book includes contributions from many prominent development economists who are unified by a form of "developmental pragmatism". Their concern is with the problems of development that preoccupied the pioneers of economic development in the mid-twentieth century, known as the developmentalists. Like the developmentalists, the contributors toTowards New Developmentalismare policy-oriented and supportive of institutional development and engagement with economic globalization. This collection has an over-arching concern with promoting social justice, and holds the general view of the market as the means to affecting an alternative program of development rather than as a master whose dictates are to be obeyed without question.


This important collection sets the agenda for new developmentalism, drawing on issues such as industrial policy, technology, competition, growth and poverty. In broad terms, the economic development debate is cast in terms of whether the market is the master, an ideological neo-liberal perspective, or the means to affect change as suggested by the pragmatic perspective that is being termed neo-developmentalism. This book will be valuable reading to postgraduates and researchers specialising in the area of development studies including within economics, international relations, political science and sociology.

Shahrukh Rafi Khanis currently a Copeland Fellow at Amherst College, USA.Jens Christiansenis a Professor of Economics at Mount Holyoke College, USA.
Title:Towards New Developmentalism: Market as Means rather than MasterFormat:HardcoverDimensions:304 pages, 9.21 × 6.14 × 0.98 inPublished:October 21, 2010Publisher:Taylor and FrancisLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0415779847

ISBN - 13:9780415779845


Table of Contents

Part 1: Introduction1. Exploring and naming an economic development alternativeShahrukh Rafi KhanPart 2: Conceptual issues and a new developmentalist agenda2. The market as means rather than master: The crisis of development and the future role of the stateRobert Wade3. Hamlet without the Prince of Denmark: How development has disappeared from today's 'development' discourseHa-Joon Chang4. The economics of failed, failing, and fragile states: productive structure as the missing linkErik S. Reinert, Yves Ekou'ma', and Rainer KattelPart 3: Neo-liberal constraints on the policy agenda5. The pernicious legacy of the rent-seeking paradigmHelen Shapiro6. Cementing neo-liberalism in the developing world: Ideational and institutional constraints on policy spaceIlene Grabel7. Domestic resource mobilization for a new-developmentalist strategy in the age of globalization: The fiscal space dilemma in Latin AmericaLuis Abugattas and Eva Paus8. Investment treaties as a constraining frameworkGus Van HartenPart 4: Case studies in pro-active government9. Government reform and industrial development in China and MexicoKevin P. Gallagher and M. Shafaeddin10. Growth and development in Africa: Challenges and opportunitiesLeonce NdikumanaPart 5: Conclusion: moving to alternatives11. Climate-resilient industrial development paths: design principles and alternative modelsLyuba Zarsky12. Towards new developmentalism: context, program and constraintsShahrukh Rafi Khan