New Development Strategies

Beyond the Washington Consensus

  • Akira Kohsaka

Table of contents

  1. Front Matter
    Pages i-xii
  2. New Development Strategies: Beyond the Washington Consensus

  3. Markets, Governments and Institutions

  4. Development Strategies under Globalization

  5. Policy Reforms and the Asian Financial Crisis

  6. Transition to a Market Economy

  7. Back Matter
    Pages 272-308

About this book


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.


China development East Asia Economic Development foreign direct investment globalization production

Editors and affiliations

  • Akira Kohsaka
    • 1
  1. 1.Osaka UniversityJapan

Bibliographic information