{"product_id":"open-and-closed-economies-roderick-macdonald-9783030795337","title":"Open and Closed Economies: Lessons from the Philippines and Vietnam","description":"\u003cp\u003eThis book compares the experiences of the Philippines and Vietnam to gain insight into how openness to trade and financing can increase prosperity. In contrast, theoretical and empirical work in the 20\u003csup\u003eth\u003c\/sup\u003e and early 21\u003csup\u003est\u003c\/sup\u003e centuries have returned mixed results regarding this assertion. The book also demonstrates the impracticality of any attempt to pursue prosperity in isolation. Chapter 1 discusses recent data and research on international trade and capital mobility. Chapter 2 describes the economy of Vietnam that has grown rapidly since beginning to open in 1994. Chapter 3 relates the stagnation of the Philippines as it remained closed from 1960 to 1994 and examines the recent rapid growth in spite of the continued relative restrictiveness of Philippine policy. Chapter 4 compares the two experiences and then conjectures about the feasibility of a prosperous autarky.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Roderick MacDonald\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 3030795330\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9783030795337\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Palgrave MacMillan\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 11\/24\/2021\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 145\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.82lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.27h x 5.83w x 0.50d","brand":"Roderick MacDonald","offers":[{"title":"Hardcover","offer_id":48089069093119,"sku":"9783030795337","price":69.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_3e2105af-ee81-49cf-8c6f-18da635f1609.jpg?v=1769108024","url":"https:\/\/www.whiterainbookhouse.com\/products\/open-and-closed-economies-roderick-macdonald-9783030795337","provider":"WR Book House","version":"1.0","type":"link"}