Just Get Out of the Way
Subtitle: How Government Can Help Business in Poor Countries
Publisher: Cato Institute
Published: February 25, 2004
Language: eng
Format: Hardcover
Number of pages: 220
ISBN-13: 9781930865549
Subjects: Business & Management; Central government policies; Development economics; Privatization; Economic Policy; Business & Economics; Business / Economics / Finance; Labor & Industrial Relations - General; Business/Economics; Industrial policy; Economics - Theory; Development - Economic Development; Business & Economics / General; Banks and banking; Developing countries; Free Enterprise
Description: "In this book, Robert Anderson, a development consultant and former World Bank economist, recommends a different approach. Instead of adopting policies that are common in rich countries, Anderson suggests that policymakers take into account the institutional weaknesses typical of developing countries - corruption, deficient rule of law, cronyism, and so on. Simpler, market-oriented policies are more suitable to poor countries institutional environments and more likely to produce growth and keep the private and public sectors honest." "Anderson recommends sometimes counterintuitive policy solutions for a number of areas - banking, privatization, corporate governance, bankruptcy, and competition. For instance, he argues that "rich countries were once poor countries" and that "examples from the past in rich countries may be more appropriate for poor countries today.""--BOOK JACKET.