{"product_id":"globalization-and-competition-luiz-carlos-bresser-pereira-9780521196352","title":"Globalization and Competition","description":"Globalization and Competition explains why some middle-income countries, principally those in Asia, grow fast while others are not successful. The author criticizes both old-style developmentalism and the economics of the Washington Consensus. He argues instead for a \"new developmentalism\" or third approach that builds on a national development strategy. This approach differs from the neoliberal strategy that rich nations propose to emerging economies principally on macroeconomic grounds. Developing countries face a key obstacle to growth, namely, the tendency to overvaluate foreign exchange. Instead of neutralizing it, the policy that rich countries promote mistakenly seeks growth through foreign savings, which causes additional appreciation of the national currency and often results in financial crises rather than genuine investment.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Luiz Carlos Bresser Pereira\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0521196353\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780521196352\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Cambridge University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 12\/28\/2009\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 262\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.00lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.90h x 5.70w x 0.80d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 08\/01\/2010","brand":"Luiz Carlos Bresser Pereira","offers":[{"title":"Hardcover","offer_id":47757485015295,"sku":"9780521196352","price":128.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_eede938d-79b6-4d74-a3dd-fc9b6700d34f.jpg?v=1765510329","url":"https:\/\/www.whiterainbookhouse.com\/products\/globalization-and-competition-luiz-carlos-bresser-pereira-9780521196352","provider":"WR Book House","version":"1.0","type":"link"}