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The New Global Economy and the Developing Countries

Essays in International Economics and Development Gerald K. Helleiner, Professor of Economics, University of Toronto, Canada
This book explores the principle issues surrounding the effective participation of the developing countries in the new, more interdependent global economy. It is up-to-date and offers a fresh and critical assessment of traditional approaches in the sphere of international financial and trading policies. Particular emphasis is placed upon what is not known and requires further research. Among the major issues addressed are the impact of the global exchange rate system on developing countries, the efficacy of growth-oriented structural adjustment lending, the future role of foreign direct investment, the relevance of the ‘new’ trade theories to the developing countries, primary commodity market problems, poverty alleviation in adjustment programmes and the role of information systems.
Extent: 304 pp
Hardback Price: $140.00 Web: $126.00
Publication Date: 1990
ISBN: 978 1 85278 329 7
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  • Development Studies
  • Development Economics
  • Development Studies
  • Economics and Finance
  • Development Economics
  • International Economics
This book explores the principle issues surrounding the effective participation of the developing countries in the new, more interdependent global economy. It is up-to-date and offers a fresh and critical assessment of traditional approaches in the sphere of international financial and trading policies. Particular emphasis is placed upon what is not known and requires further research. Among the major issues addressed are the impact of the global exchange rate system on developing countries, the efficacy of growth-oriented structural adjustment lending, the future role of foreign direct investment, the relevance of the ‘new’ trade theories to the developing countries, primary commodity market problems, poverty alleviation in adjustment programmes and the role of information systems.
‘. . . the book bears witness of thorough research, and its lay-out complements the contents. It can be recommended without any hesitation, particularly for teaching and research purposes.’
– Helena van Zyl, Southern Economic Journal

‘. . . It ought to be required reading for Northern policymakers and contains much material of value for courses on the international aspects of economic development.’
– Robert Read, The Economic Journal

‘. . . it can be recommended to those in developing countries, in the World Bank and elsewhere responsible for trade policies, etc.’
– John Hudson, Journal of Commonwealth and Comparative Politics

‘A useful collection of papers, covering a wide range of issues on this subject.’
– Aslib Book Guide

‘A thought provoking book, it is comprehensive, analytical, critical and a welcome addition to the available official literature in the areas it addresses. Helleiner’s lucid writing style makes the book an enriching experience. The book is a recommended reading for most graduate students, civil servants and professionals in the field of international economics and development.’
– Wilfred Abuom-Ongaro, Labour, Capital and Society

‘A fresh and critical assessment of traditional approaches in the sphere of international financial and trading policies is provided.’
– International Review of Administrative Sciences