This book seeks to clarify the positive and negative lessons in the experiences of late development under neoliberal globalization. Dic Lo explores competing theories, with a view to constructing an alternative synthesis that transcends neoliberalism, placing greater emphasis on solidarity and...

Dynamics of Balance of Payment developments are still barely researched. Chapter 1 tries to summarize empirical evidence between institutional determinants and BoP movements and proposes a framework for the role of institutions in a debt cycle. It is found that “good” institutions do help a...

After the fall of state socialism about two decades ago, democracy and market economies were assumed to diffuse worldwide. However, the American financial crisis of 2008, leading to a worldwide economic crisis caused increasing criticism of capitalism. As laissez-faire capitalism, Keynesianism...