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Cover image for book New Development Strategies

New Development Strategies

Beyond the Washington Consensus
By:A. Kohsaka
Publisher:Springer Nature
Print ISBN:9781349514953
eText ISBN:9780230523609
Edition:1
Copyright:2004
Format:Page Fidelity

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This edited volume examines the flaws in the Washington Consensus. The missing link identified is the relationship between market and government. The East Asian Miracle showed that the market and government are complementary, particularly with regard to economic development. However, the nature of this relationship has not been fully clarified. This book assesses development strategies and policy issues in the context of individual and/or regional economy's history and political-economic reality. The relationship may be conditional to these two factors. With these perceptions in mind, the book focuses on the role and significance of government in economic development in pursuit for new development strategies.