Skip to main content
University of California Press

Liberalization in the Process of Economic Development


by Lawrence B. Krause (Editor), Kim Kihwan (Editor)
Price: $49.95 / £42.00
Publication Date: Nov 2023
Edition: 1st Edition
Title Details:
Rights: World
Pages: 440
ISBN: 9780520376236
Trim Size: 6.14 x 9.21

About the Book

Economic growth in all developing countries is guided, and often accelerated, by generally intrusive policies implemented by governments intent on playing an active role in furthering development. As economies have grown and become more complex, however, even small market distortions are magnified, and the tendency is to rely more heavily on the market for continued growth. In this volume, leading experts in economic development examine the variety of issues that arise as governments in some of the newly industrializing countries of Southeast Asia, such as South Korea, Taiwan, and Singapore, grapple with this difficult process of liberalization.

This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1991.

About the Author

Lawrence B. Krause is Professor of International Relations and Pacific Studies at the University of California, San Diego. Kim Kihwan is President of the Sejong Institute.

Table of Contents

Industrial Development in Relation to Liberalization, Anne O. Krueger
Towards a Model of Development for the Natural Resource Poor Country, Gustav Ranis
Public Finance for Market-Oriented Developing Countries, Assar Lindbeck
Role of Medium-Term Plans in Development, Chen Sun
Adjustment to External Shocks, Parvez Hasan
Export Liberalization and the Outward Oriented Trade Regime, Juergen B. Donges and Ulrich Hiemenz
Import Restriction and Liberalization in an Export-Oriented Trade Regime, Wontack Hong
Agriculture in the Overall Liberalization Process, D. Gale Johnson
Financial Repression, Liberalization, and Development in Developing Countries, Yung Chul Park
Monetary Stabilization in LDCs and the International Capital Market, Ronald I. McKinnon