Bhagwati J, Srinivasan TN.
Comments on"Outward-Orientation and Development: Are the Revisionists Right?". 1999.
Abstract
PDF(September 1999 version). This is actually the text of a letter sent to the authors (minus some personal remarks), which I have decided to post because I am frequently asked about this paper.
How Far Will International Economic Integration Go?. 1999.
Abstract PDFRevised September 1999. Some wild speculation on the future of the world economy. Published in Journal of Economic Perspectives, Winter 2000.
Rodrik D, Velasco A.
Short-Term Capital Flows. Annual World Bank Conference on Development Economics. 1999.
Abstract PDFThe consequences (and causes) thereof.
Governing the Global Economy: Does One Architectural Style Fit All?. 1999.
Abstract PDFApril 1999 (Edited June 1999). How far will the new international financial architecture go, and what will it cost the developing countries?
Making Openness Work: The New Global Economy and the Developing Countries. Washington, DC: Overseas Development Council; 1999.
AbstractPolicy makers in the developing world are grappling with the new dilemmas created by openness to trade and capital flows. What role, if any, remains for the state in promoting industrialization? Does openness exacerbate inequality, and if so what can be done about it? What is the best way to handle turbulence emanating from the world economy, and the fickleness of international capital flows in particular? This book argues that successful integration in the world economy requires a complementary set of policies and institutions at home. Policy makers have to reinforce their external strategy of liberalization with an internal strategy that gives the state substantial responsibility in fostering the accumulation of physical and human capital and in mediating social conflicts. - Excerpted from abstract.
