Reclaiming Development: An Alternative Economic Policy Manual by Ha-Joon Chang


Reclaiming Development: An Alternative Economic Policy Manual
Title : Reclaiming Development: An Alternative Economic Policy Manual
Author :
Rating :
ISBN : 1780325592
ISBN-10 : 9781780325590
Language : English
Format Type : Paperback
Number of Pages : 256
Publication : First published May 1, 2004

There is no alternative to neoliberal economics - or so it appeared when Reclaiming Development was published in 2004. Many of the same driving assumptions - monetarism and globalization - remain within the international development policy establishment. Ha-Joon Chang and Ilene Grabel confront this neoliberal development model head-on by combining devastating economic critique with an array of innovative policies and an in-depth analysis of the experiences of leading Western and East Asian economies. Still, much has changed since 2004 - the relative success of some developing countries in weathering the global financial crisis has exposed the latent contradictions of the neoliberal model. The resulting situation of increasingly open policy innovation in the global South means that Reclaiming Development is even more relevant today than 

Reclaiming Development: An Alternative Economic Policy Manual Reviews

  • Paul Kuntze

    Good book, but I don't think it is quite at the level of "23 thing they don't tell you about capitalism" by Ha-Joon Chang. It makes some concessions in the point of academic rigor to be more readable for laymen, but the arguments seem to have a little less power to convince than those in "23 things". Apart from that, the myth busting part greatly resembles that of "23 things", so it did not give me much new information.
    It is the policy recommendation where this book truly shines, giving a more practical outlook on how the alternative development strategies that the authors recommend can be applied in the real world under the constraints of the present international trade regimes. I also rally like the 'recommended readings' list, which is a list of papers that support and further explore each of the policy alternatives presented in the book, which makes it much more academically usable than "23 things".

  • Marcel Schwarz

    Some good suggestions on how countries should approach capitalism today to be successful. Just a bit dry both in structure and content.