Araştırma Makalesi

The New Generation (Late Neoclassical) Theories in Economics, the Transformation of the State and the Reflection to the Development Paradigm

Cilt: 2 Sayı: 1 28 Şubat 2018
PDF İndir
EN

The New Generation (Late Neoclassical) Theories in Economics, the Transformation of the State and the Reflection to the Development Paradigm

Öz

The current global economic crisis has led to a growing dissatisfaction with the neo-liberal economic paradigm that became more widely known as the Washington Consensus. Washington Consensus which is as a type of free market capitalism is neoclassical economics greatly influenced by neo-liberalism, particularly in its anti-state attitudes, as with deregulation, privatization and liberalization. While the paradigm itself evolved from the late 1990s, in a more nuanced approach under the guise of a post-Washington Consensus, began to recognize a role for the state in correcting for market (largely informational) failures, neo-liberalism largely superseded by the new mainstream economics or late neoclassical economics – namely the new institutional economics, new growth theory, new economic geography and so on. Unlike the mainstream neoclassical economic paradigm the late neoclassical economics is based on the idea that markets are imperfect. Theoretically the late neoclassical economics, upon which the post-Washington Consensus draws, explain both market and non-market outcomes as the rational response to market imperfections. There is now widespread recognition, in some quarters, at least, that the state should engage in a more active role in guiding industrial development, primarily to negate market failure and to overcome the negative conditions of global economic crisis. This paper is largely focused on the paradigm shift of neo-liberalism, primarily from the market fundamentalism to negate market failure, government transformation in the light of late neoclassical theories in economics, and also seeks to demonstrate that policies based on this new paradigm, governments shifted slightly to a revised neoliberal model that approved different version of (market-friendly) state intervention.

Anahtar Kelimeler

Kaynakça

  1. Amsden, A (1989) Asia’s Next Giant, South Korea and Late Industrialization, New York: Oxford Unıversity Press.
  2. Amsden, A (2001) The Rise of “The “Rest”: Challenges to the West From Late-Industrializing Economies, Oxford University Press, Oxford
  3. Banet-Weser, S ( 2017) “Krizi markalaştırmak”, M. Castells, J. Caraça ve G. Cadoso (der.) Sonrası Ekonomik Kriz Kültürleri, İstanbul Bilgi Üniversitesi Yayını içinde, 113-137.
  4. Bakker, K (2009) Neoliberal Nature, Ecological Fixes and Pitfalls of Comparative Research”, Environment and Planning, 41, 1781-1787.
  5. Bellofıore, R ve G. Vertova (2006) “ The Geographical and Political Dimension of Uneven Capitalist Development”, G. Vertova (der.) The Changing Economic Geography of Globalization, Reinventing Space, Routledge: London.
  6. Brenner, N ve N. Theodore (2002) “Preface: From the “New Localism” to the Spaces of Neoliberalism”, Antipode: 341-347.
  7. Boschma, R ( 2015) “Toward an Evolutionary Perspective on Regional Resilience”, Regional Studies, No: 5,733-751.
  8. Chang, H-J, (2002) Kicking Away the Ladder, Development Strategy in Historical Perspective, Wimbledon Publıshing Company. Eserin Türkçe çevirisi, Kalkınma Reçetelerinin Gerçek Yüzü, İletişim Yayınları, 2003, İstanbul.

Ayrıntılar

Birincil Dil

İngilizce

Konular

İşletme

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

28 Şubat 2018

Gönderilme Tarihi

5 Ekim 2017

Kabul Tarihi

20 Kasım 2017

Yayımlandığı Sayı

Yıl 2018 Cilt: 2 Sayı: 1

Kaynak Göster

APA
Eser, U. (2018). The New Generation (Late Neoclassical) Theories in Economics, the Transformation of the State and the Reflection to the Development Paradigm. Fiscaoeconomia, 2(1), 28-70. https://doi.org/10.25295/fsecon.2018.s1.002
AMA
1.Eser U. The New Generation (Late Neoclassical) Theories in Economics, the Transformation of the State and the Reflection to the Development Paradigm. FSECON. 2018;2(1):28-70. doi:10.25295/fsecon.2018.s1.002
Chicago
Eser, Uğur. 2018. “The New Generation (Late Neoclassical) Theories in Economics, the Transformation of the State and the Reflection to the Development Paradigm”. Fiscaoeconomia 2 (1): 28-70. https://doi.org/10.25295/fsecon.2018.s1.002.
EndNote
Eser U (01 Şubat 2018) The New Generation (Late Neoclassical) Theories in Economics, the Transformation of the State and the Reflection to the Development Paradigm. Fiscaoeconomia 2 1 28–70.
IEEE
[1]U. Eser, “The New Generation (Late Neoclassical) Theories in Economics, the Transformation of the State and the Reflection to the Development Paradigm”, FSECON, c. 2, sy 1, ss. 28–70, Şub. 2018, doi: 10.25295/fsecon.2018.s1.002.
ISNAD
Eser, Uğur. “The New Generation (Late Neoclassical) Theories in Economics, the Transformation of the State and the Reflection to the Development Paradigm”. Fiscaoeconomia 2/1 (01 Şubat 2018): 28-70. https://doi.org/10.25295/fsecon.2018.s1.002.
JAMA
1.Eser U. The New Generation (Late Neoclassical) Theories in Economics, the Transformation of the State and the Reflection to the Development Paradigm. FSECON. 2018;2:28–70.
MLA
Eser, Uğur. “The New Generation (Late Neoclassical) Theories in Economics, the Transformation of the State and the Reflection to the Development Paradigm”. Fiscaoeconomia, c. 2, sy 1, Şubat 2018, ss. 28-70, doi:10.25295/fsecon.2018.s1.002.
Vancouver
1.Uğur Eser. The New Generation (Late Neoclassical) Theories in Economics, the Transformation of the State and the Reflection to the Development Paradigm. FSECON. 01 Şubat 2018;2(1):28-70. doi:10.25295/fsecon.2018.s1.002
download?token=eyJ1aWQiOjEwMTE3NywiYXV0aF9yb2xlcyI6WyJST0xFX1VTRVIiXSwiZW5kcG9pbnQiOiJqb3VybmFsIiwib3JpZ2luYWxuYW1lIjoiMjAyNi0wMy0xNF8wMC0xOC01OC5wbmciLCJwYXRoIjoiNTVjMC82NjE0LzA5NGEvNjliNDdmNjNjMjdiMDUuMDA4NTE4OTUucG5nIiwiZXhwIjoxNzczNDQwMzcxLCJub25jZSI6IjMzYzNhMDczOTJhZDBiOWUxMjA4MTJlMzAwOTdlMDhjIn0.uxgvoBOu5rdPPckMLotZ4eBnzOQVB_StL3DcxMXqMSU


Fiscaoeconomia is licensed under a Creative Commons Attribution License (CC BY).