A Political Economy of Lebanon, 1948-2002 The Limits of Laissez-Faire

Author/creator Gaspard, Toufic K. Author
Format Electronic
Publication InfoLeiden : BRILL Boston : Brill USA, Inc. [Distributor]
Descriptionxx, 292 p. 24.000 x 017.000 cm.
Supplemental ContentFull text available from Ebook Central - Academic Complete
Subjects

SeriesSocial, Economic and Political Studies of the Middle East Ser. Vol. 92
Summary Annotation "This book is about the laissez-faire strategy for economic development, a strategy inspired by neoclassical/mainstream economics, advocated by the Washington Consensus, and implemented by the Bretton Woods institutions. Mainstream economics has taken legitimacy from the historical failure of command economies. But his view has not been balanced by an examination of the performance of laissez-faire economies, the closest to the pure market model. Lebanon provides a unique test case in this regard. The book assesses Lebanon's development during 1948-2002, including its industrial and financial performance. The dynamics of the laissez-faire system is separately studied from a Post-Keynesian perspective, highlighting institutional behavior. It is found that laissez-faire is not a sufficient condition for economic development, and can even be counterproductive."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2003060373
ISBN9789004132597
ISBN9004132597 (Trade Cloth) Active Record
Standard identifier# 9789004132597
Stock number00815219

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