Late development in Hungary and Ireland; from rags to riches?.

9783832941734

Late development in Hungary and Ireland; from rags to riches?.

Fink, Philipp.

Nomos

2009

278 pages

$55.00

Paperback

Universitatsschriften; Politik; 168

HC300

Fink (industrial policy, Friedrich-Ebert-Stiftung) offers a dense and rigorous--but informative--examination of the economic woes that have affected Ireland and Hungary in the wash of the global economic crisis, and provides an alternative development solution. Specifically, the author notes that the two countries are experiencing macroeconomic imbalances and that those imbalances call into question the sustainability and effectiveness of their foreign direct investment (FDI)-fueled development strategies. Citing both economies as peripheral, he recommends specific alternatives for an integrated growth process to offset that peripheral growth. Distributed in the US by ISBS.

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