Studies in Globalization and Economic Transitions

"Studies in Globalization and Economic Transitions" contains twelve essays on international and national development policy since the end of the Cold War. Topics covered include a critique of foreign aid, proposals for a new framework for development cooperation and an analysis of the case for and against regulating world markets within a liberal global economy. Changes in the international environment have induced developing countries to reconsider their domestic economic policies, and hence one essay contains a review of policies concerned with employment, poverty and inequality. This is followed by essays on the transition from central planning to a more market-orientated system in China, economic restructuring in Bolivia (a coca-dependent country in Latin America), the attempted transition to socialism in Nicaragua and, finally, on economic policy during the transition in Uzbekistan (the most populous country in Central Asia). Throughout the volume the human development approach is used to illuminate some of the most pressing issues of our time. Keith Griffin is Professor of Economics at the University of California, Riverside.