13 November 2009

Gallagher and Chang on Globalisation

There's a video interview up on Real-World Economics Review Blog:
Ha-Joon Chang and Kevin P. Gallagher talk about the central theme of their books:

Chang demolishes some of the myths on free trade and points to the need for asymmetrical protectionism benefiting the developing nations, for poorer nations to break the model of low return primary commodity based production etc.

Bad Samaritans; The myth of free trade and the secret history of capitalism. Bloomsbury.

Gallagher focuses on Mexico and NAFTA and talks of the US-Mexico policy, the need for developing countries to move away from attracting FDI, for the sake of inflows, and to look at the integration of these flows into the economies, rather than creating enclaves within.

The Enclave Economy  Foreign Investment and Sustainable Development in Mexico's Silicon Valley by Kevin P. Gallagher and Lyuba Zarsky, The MIT Press

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