the great debate

Dennis Robert Redmond dredmond at efn.org
Tue Aug 21 16:37:39 PDT 2001


On Tue, 21 Aug 2001, Thomas Seay wrote:


> What do they say about the Southeast Asian economies
> that did better with state subsidized economies than
> with "free market" economies?
>
> Does anyone know how they answer these kinds of
> questions?

The best answers are contained in the WB/IMF's own data. They show that per capita growth in the neoliberalized zones has crashed and burned since 1980, while non-neolib regions (Taiwan, S Korea, China, and yes, even India, which still protects much of its internal market) have done much better. Hang 'em with their own rope!

-- Dennis



More information about the lbo-talk mailing list