Suchergebnisse

Mick Moore's view (see abstract in this section) that state capitalism -- ie, a capitalistic economic system directed by the government through active development policy -- is responsible for the "miracle" of Taiwan's & South Korea's economic development is examined. The four so-called "dominance characteristics" of state capitalism identified by Moore are tested with empirical data concerning Taiwan's economy. It is argued that Taiwan's bureaucrats have neither the motivation nor the ability to achieve this economic "miracle." Taiwan's positive economic development is primarily attributable to the private initiatives of private firms. Examples that support this hypothesis are presented. 5 References. AA Tr & Modified by C. Waters

This book presents a critical analysis of the role of international institutions and their performance in terms of justification, effectiveness and efficiency. The authors begin by discussing the controversies surrounding the Tobin Tax in the context of global governance. They move on to address important global issues where international institutions play a significant role. These include trade and FDI in relation to the WTO, and the reconciliation of order and justice in the international trading system. Further chapters investigate development issues and international institutions, most of which were not designed for the specific needs of developing countries. They assess whether international institutions can actually help to mitigate the tendency of uneven development in the global economy. Finally, the focus switches to the analysis and evaluation of one specific institution and its actions, namely, the Bank for International Settlements (BIS)