State, Markets, and Just Growth: Development in the Twenty-First Century

309 Pages·2003·2.55 MB·English

by  Atul Kohli, Chung-In Moon, George Sorensen

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States, markets, and just growth
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States, markets, and just growth:
Development in the twenty-first
century
Edited by Atul Kohli, Chung-in Moon, and
George Sørensen
United Nations
aUniversity Press
TOKYO u NEW YORK u PARIS
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( The United Nations University, 2003
The views expressed in this publication are those of the authors and do not
necessarily reflect the views of the United Nations University.
United Nations University Press
The United Nations University, 53-70, Jingumae 5-chome,
Shibuya-ku, Tokyo, 150-8925, Japan
Tel: þ81-3-3499-2811 Fax: þ81-3-3406-7345
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Contents
List of tables and figures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . vii
Note on measurements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ix
Introduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Atul Kohli
Globalization, democracy, and just growth: Some emerging
general concerns . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
1 Globalization and liberalization: The impact on developing
countries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Barbara Stallings
2 Democracy and development: Trends and prospects . . . . . . . . . . . . 39
Atul Kohli
3 Meeting the challenge of poverty and inequality. . . . . . . . . . . . . . . . . 64
Mick Moore and Howard White
Regional perspectives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95
4 Latin America in the global economy: Macroeconomic policy,
social welfare, and political democracy . . . . . . . . . . . . . . . . . . . . . . . . . . . 97
Robert R. Kaufman
v
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vi CONTENTS
5 East Asia: Development challenges in the twenty-first century . 127
Yun-han Chu
6 States, markets, and the limits of equitable growth: The Middle
Eastern NICs in comparative perspective . . . . . . . . . . . . . . . . . . . . . . . . 164
¨
Ziya Onis¸
7 Democracy, growth, and poverty in India . . . . . . . . . . . . . . . . . . . . . . . . 193
Atul Kohli and Rani D. Mullen
8 Pragmatic neo-liberalism and just development in Africa . . . . . . . 227
Dickson Eyoh and Richard Sandbrook
Conclusion: The prospects for just growth . . . . . . . . . . . . . . . . . . . . . . . . . . 258
Chung-in Moon and Georg Sørensen
Acronyms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 277
List of contributors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 279
Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 283
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List of tables and figures
Table 1.1 Developing-country share of world trade and capital
flows, 1980–1998 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Table 1.2 Net long-term resource flows and net transfers to
developing countries, 1970–2000. . . . . . . . . . . . . . . . . . . . . . . 15
Table 1.3 Short-term versus long-term finance to developing
countries, 1991–2000. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Table 1.4 Composition of net long-term finance to developing
countries, 1970–2000. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
Table 1.5 Regional patterns of net long-term capital flows to
developing countries, 1970–2000. . . . . . . . . . . . . . . . . . . . . . . 18
Table 1.6 Net short-term capital flows during recent financial
crises . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Table 1.7 Percentage share of long-term capital flows to
developing countries by region, 1970–2000 . . . . . . . . . . . 25
Table 1.8 Net concessional flows to developing countries, 1990–
2000. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
Table 2.1 Annual GDP growth in major developing countries
with at least 10 years of democracy . . . . . . . . . . . . . . . . . . . . 60
Table 3.1 Annual rate of economic growth required to reduce
the number of poor (assuming distribution-neutral
growth) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71
Table 3.2 Inequality (Gini coefficient) by region, 1960s–1990s. . 71
Table 3.3 Income poverty by region . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74
vii
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