Book description
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…
Why read it?
1 author picked Reclaiming Development as one of their favorite books. Why do they recommend it?
Since John Williamson’s Washington Consensus and the structural adjustment reforms imposed on developing nations as a condition for IMF and World Bank loans, understanding and criticizing neoliberal development economics is important for a balanced perspective on the international political economy. Chang and Grabel perform this task of an incisive yet graspable critique of neoliberal development theory. Importantly they go further and suggest alternative approaches and policies.
From S.M.'s list on The best books to move beyond neoliberalism.
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