Friday, August 16, 2002

Global as you wanna be

I really don't understand what the "antiglobalisation left" don't understand. Countries like China (which only joined the WTO two years ago) and India (which has numerous tariff protections and a huge state sector) are "globalisers". Countries like Nigeria (IMF programs in place for years) and Bangladesh (enthusiastic WTO client) are not "globalisers" and thus have no hope of developing along the lines of South Korea (massive infant-industry protection and government-led industrial policy in its development period) or Malaysia (capital controls). Therefore, in order to help the third world develop, we must insist that they ignore the development strategies of the only third world countries to have actually developed, and put themselves in the hands of Those Wonderful People Who Brought You Argentina.

Clear enough for youse?

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