Against the Grain

Against the Grain – October 27, 2004

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Beyond Neoliberalism

Neoliberals argue that poor countries can only develop by following the precepts of privatization, deregulation, and economic liberalization. Economists Ha-Joon Chang and Ilene Grabel believe there are other alternatives. They discuss concrete ways that countries can move out of poverty and away from economic vulnerability in an era of "globalization."