International Relations Researches

International Relations Researches

The Emergence of New Structuralism: The Third Generation of Economic Development Strategy for Developing Countries

Document Type : Original Article

Author
Sajad Bahrami Moghadam
Assistant Professor, Department of Political Science, University of Guilan, Rasht, Iran
10.22034/irr.2024.484347.2617
Abstract
This article is a theoretical article that analyzes the dominant strategies of economic development for developing countries. The purpose of this article is to criticize two strategies of import substitution and structural adjustment from the perspective of new structuralism, new structuralism arising from successful experiences in the field. Pacific and China, Vietnam and India from 1978, 1986 and 1991 respectively. In the same way, the new structuralism is also influenced by the economic failures. Therefore, this article also answers questions such as why China's transition to a market economy was successful, but the Soviet transition to a market failed. The findings of this article show that according to the new structuralism, poor countries have hidden capabilities and advantages that, if they are realized, these governments are able to achieve rapid growth rates and close the backwardness gap. In this article, this The advantages and how to actualize them have been analyzed, the research method in this article is explanatory.
Keywords
Economic Development
Poor Countries
Facilitating State
Political Economy
بهرامی مقدم، سجاد. (1399). روند صنعتی شدن سنگاپور: اقتباس از مرکز، خیزش از پیرامون. سیاست جهانی، 9(1)، 50-23.
کاوه پیشقدم، محمد کاظم (1389)، غلبه مکتب وابستگی بر استراتژی‌های توسعه در دهه اول انقلاب اسلامی، مجله دانشنامه حقوق و سیاست، پاییز و زمستان، شماره 14، صص 53-41
کاوه پیشقدم، محمد کاظم و بهزادی، محمد حسین (1391)، مطالعه تطبیقی دیدگاه امام خمینی (ره) درباره نظام جهانی و نظریه قمر و پیرامون امانوئل والرشتاین، دوفصلنامه علمی و تخصصی اسلام و علوم اجتماعی، سال پنجم، شماره 9، صص 130-109
Amsden, A (1989). Asia's Next Giant: South Korea and Late Industrialization, Oxford University Press.
Amsden, A (1989). Asia's Next Giant: South Korea and Late Industrialization, Oxford University Press.
Amsden, A (2001). “The Rise of “The Rest”: Challenges to the West from Late-Industrializing Economies”, Oxford: Oxford University Press.
Amsden, A (2001). “The Rise of “The Rest”: Challenges to the West from Late-Industrializing Economies”, Oxford: Oxford University Press.
Bayliss, K., B. Fine and E. Van Waeyenberge (eds) )2011(. The Political Economy of Development: The World Bank,
Chandrasekhar, S. (2022). Communist China's demographic dilemma. In Asia's Population Problems (pp. 48-71). Routledge.
Chang, K-S., B. Fine and L. Weiss (eds) )2012(. Developmental Politics in Transition: The Neoliberal Era and Beyond, London: Routledge.
Easterly, W, )2001(. “The Lost Decades: Explaining Developing Countries’ Stagnation
Easterly, W., N. Loayza, and P.J. Montiel. 1997. “Has Latin America’s Post-Reform Growth Been Disappointing?” World Bank Policy Research Paper 1708, World Bank, Washington, D.C.
Gerschenkron, A. (1962). Economic backwardness in historical perspective: a book of essays. Cambridge, Massachusetts: Belknap Press of Harvard University Press.
Johnson, Ch (1982). MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975, Stanford University Press.
Lin, J (2010). Six Steps for Strategic Government Intervention, Global Policy, Vol 1, Issue 3, 150-161
Lin, J (2014). Industrial policy revisited: a new structural economics perspective, China Economic Journal, Vol. 7, No. 3, 382-396.
Lin, J and D Rosenblatt., 2012. “Shifting Pattern of Economic Growth and Rethinking Development,” Journal of Economic Policy Reform, 15 (3): 171-194.
Lin, J, )2009(. Economic Development and Transition: Thought, Strategy and Viability. Cambridge, UK: Cambridge University Press.
Lin, J. Y. (2017). Industrial policies for avoiding the middle-income trap: a new structural economics perspective. Journal of Chinese Economic and Business Studies, 15(1), 5-18.
Lin, J. Y., & Wang, X. (2017). The facilitating state and economic development: The role of the state in new structural economics. Man and the Economy, 4(2), 20170013.
Lin, J., )2012(. New Structural Economics: A Framework for Rethinking Development and Policy, Washington DC: the World Bank.
Lin, Justin & Liu, Peilin (2006). Economic Development Strategy, Openness and Rural Poverty: A Framework and China's Experiences, WIDER Working Paper Series RP2006-43, World Institute for Development Economic Research (UNU-WIDER).
Mathews, J. A. (2006). Catch-up strategies and the latecomer effect in industrial development. New Political Economy, 11(3), 313-335.
Murphy, K.M., A. Shleifer, and R.W. Vishney. )1992(. “The Transition to a Market Economy: Pitfalls of Partial Reform”, Quarterly Journal of Economics, 107 (3): 889-906.
Rodrik, D. )2006(. “Goodbye Washington Consensus, hello Washington Confusion? A Review of the World Bank's Economic Growth in the 1990s: Learning from a Decade of Reform”. Journal of Economic Literature, 44(4), 973-987.
Selwyn, B. (2011). Trotsky, Gerschenkron and the political economy of late capitalist development. Economy and Society, 40(3), 421-450.
Williamson, J. )1990(. “What Washington Means by Policy Reform.” In J. Williamson (ed.), Latin American Adjustment: How Much Has Happened? Washington, D.C.: Institute for International Economic
World Bank, )1993(. The East Asian Miracle: Economic Growth and Public Policy. Oxford, UK: Oxford University Press.
World Bank. )2005(. Economic Growth in the 1990s: Learning from a Decade of Reform. Washington, D.C.: World Bank.