The mainstream development policy, as advocated by the Washington Consensus which dominates development economics, has been subjected to criticism across the globe. This handbook showcases new research by young scholars from several developing countries and offers new perspectives on change. Drawing from different domestic environments, this volume suggests multiple alternatives for globalization and development, refuting the 'one-size-fits-all’ approach. Each essay in this collection focuses on a specific country where the discussion moves beyond the general to the specific. It addresses and analyses issues ranging from trade regimes and exchange rate policies, financial fragility, currency convertibility, and monetary policy, labor and employment, issues in cross-national growth comparisons, and lessons from the Chinese growth experience.
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