“ha joon chang”

'The most important book about the world economy to be published in years.' Prospect 'This book is a joy: a fantastically useful teaching aid... a very necessary historical conscience in an age of amnesia.' The Business Economist 'A provocative critique of mainstream economists' sermons directed to ... More

'Impressive... provides a very good compendium of what are usually classified as "heterodox" development economics... an excellent volume.' Journal of International Development This important new collection tackles the failure of neoliberal reform to generate longterm growth and reduce poverty in ma... More

'A powerful collection of key speeches from one of the most controversial economists of our time...the most provocative book on international financial policy to appear for a long time.' Jeff Madrick, Challenge Magazine, contributing columnist, New York Times No one has challenged the policies of th... More

Ha-Joon Chang provides an overview of the East Asian development model from the 1960s to the present day. He examines its relative success particularly in relation to industrial policy, in contrast to Africa. He takes a fresh look at the crisis that exploded in 1997, criticizing many mainstream expl... More

Ha-Joon Chang evaluates the role of the state in economics and development. In this collection of essays, he reviews theories and practices of state intervention as they have developed over two centuries of modern capitalism. He develops an institutionalist approach to the role of the state in econo... More

The financial crisis that hit a number of economies of Asia in 1997 shocked the world. "Financial Liberalization and the Asian Crisis" rejects conventional explanations of the crisis as the outcome primarily of inefficient and corrupt economic systems in the countries concerned. It argues that the c... More

This wide-ranging volume demonstrates that there is no simple formula for successful institutional development. Through numerous examples, the book makes clear that development can only be achieved through deliberate imitation of successful foreign institutions combined with local innovations.... More

The role of the state has occupied centre stage in the development of economics as an independent discipline and is one of the most contentious issues addressed by contemporary economists and political economists. The immediate postwar years saw a swing in economic theory towards interventionism, mo... More

The 1997 South Korean financial crisis not only shook the country itself but also sent shock waves through the financial world at large. This impressive book critically assesses the conventional wisdom surrounding the Korean crisis and the performance of the IMF-sponsored reform programme. Looking f... More