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New Ideas on Development after the Financial Crisis (Forum on Constructive Capitalism) [Hardcover]

by Nancy Birdsall, Francis Fukuyama
5.0 out of 5 stars  See all reviews (1 customer review)

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Book Description

March 31, 2011 0801899753 978-0801899751 1

The global financial crisis of 2008–9 has changed the way people around the world think about development. The market-friendly, lightly regulated model of capitalism promoted by the United States is now at risk, and development thinking worldwide is at something of an impasse. Editors Nancy Birdsall and Francis Fukuyama bring together leading scholars to explore the implications of the global financial crisis on existing and future development strategies.

In addressing this issue, the contributors contemplate three central questions: What effect has the crisis had on current ideas in development thinking? How has it affected and how will it affect economic policy and political realities in Latin America and Asia, including China and India? Will the financial collapse reinforce shifts in geopolitical power and influence, and in what form? Essays answering these questions identify themes that are essential as economic and political leaders address future challenges of development.

To help move beyond this time of global economic turmoil, the contributors—the foremost minds in the field of international development—offer innovative ideas about stabilizing the international economy and promoting global development strategies.

Contributors: Nancy Birdsall, Center for Global Development; Michael Clemens, Center for Global Development; Kemal Dervis, Brookings Institution; Larry Diamond, Stanford University; Francis Fukuyama, Stanford University; Peter S. Heller, Johns Hopkins University; Yasheng Huang, Massachusetts Institute of Technology; Justin Yifu Lin, World Bank; José Antonio Ocampo, Columbia University; Mitchell A. Orenstein, Johns Hopkins University; Minxin Pei, Claremont McKenna College; Lant Pritchett, Harvard University; Liliana Rojas-Suarez, Center for Global Development; Arvid Subramanian, Johns Hopkins University



Editorial Reviews

Review

The book will interest readers concerned about global financial, economic, and political trends and issues.

(Scitech Book News)

About the Author

Nancy Birdsall is president of the Center for Global Development. She was formerly with the Carnegie Endowment for International Peace and executive vice president of the Inter-American Development Bank. She is the author of numerous publications on labor markets, human resources, economic inequality, and other development issues. Francis Fukuyama is the Olivier Nomellini Senior Fellow at the Freeman Spogli Institute for International Studies at Stanford University, editor of Nation-Building: Beyond Afghanistan and Iraq, and coeditor of East Asian Multilateralism: Prospects for Regional Stability, both also published by Johns Hopkins.


Product Details

  • Series: Forum on Constructive Capitalism
  • Hardcover: 360 pages
  • Publisher: Johns Hopkins University Press; 1 edition (March 31, 2011)
  • Language: English
  • ISBN-10: 0801899753
  • ISBN-13: 978-0801899751
  • Product Dimensions: 1 x 6 x 9 inches
  • Shipping Weight: 1.3 pounds (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #2,817,907 in Books (See Top 100 in Books)

More About the Author

Francis Fukuyama is Olivier Nomellini Senior Fellow at the Freeman Spogli Institute for International Studies (FSI), resident in FSI's Center on Democracy, Development, and the Rule of Law.

Dr. Fukuyama has written widely on issues relating to questions concerning democratization and international political economy. His book, The End of History and the Last Man, was published by Free Press in 1992 and has appeared in over twenty foreign editions. His most recent books are America at the Crossroads: Democracy, Power, and the Neoconservative Legacy, and Falling Behind: Explaining the Development Gap between Latin America and the United States. His latest book, The Origins of Political Order: From Prehuman Times to the French Revolution will be published in April 2011.

Francis Fukuyama received his B.A. from Cornell University in classics, and his Ph.D. from Harvard in Political Science. He was a member of the Political Science Department of the RAND Corporation from 1979-1980, then again from 1983-89, and from 1995-96. In 1981-82 and in 1989 he was a member of the Policy Planning Staff of the US Department of State, the first time as a regular member specializing in Middle East affairs, and then as Deputy Director for European political-military affairs. In 1981-82 he was also a member of the US delegation to the Egyptian-Israeli talks on Palestinian autonomy. From 1996-2000 he was Omer L. and Nancy Hirst Professor of Public Policy at the School of Public Policy at George Mason University, and from 2001-2010 he was Bernard L. Schwartz Professor of International Political Economy at the Paul H. Nitze School of Advanced International Studies, Johns Hopkins University. He served as a member of the President's Council on Bioethics from 2001-2004.

Dr. Fukuyama is chairman of the editorial board of The American Interest, which he helped to found in 2005. He holds honorary doctorates from Connecticut College, Doane College, Doshisha University (Japan), and Kansai University (Japan). He is a member of the Board of Trustees of the Rand Corporation, the Board of Directors of the National Endowment for Democracy, and member of the advisory boards for the Journal of Democracy, the Inter-American Dialogue, and The New America Foundation. He is a member of the American Political Science Association, the Council on Foreign Relations, and the Pacific Council for International Affairs. He is married to Laura Holmgren and has three children.

March 2011

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5.0 out of 5 stars New Ideas on Development after the Financial Crisis September 2, 2011
Format:Paperback|Verified Purchase
This book is a welcome contribution to the on-going debate about the state of the global economy; what underlies its resilience and the potential challenges it continually faces based on the lessons of the recent global financial and economic crisis. It is clear from the well selected essays in the book that development as a discourse is undergoing a sea change; if at some point we thought ideology had succumbed to market fundamentalism, we need to re-search our minds. There is clearly a state of flux in development thinking. Birdsall and Fukuyama have helped us to recast our thinking and begin a fresh journey of exploration on the dynamics of development in a changed world.
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