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This is a Korean name; the family name is Chang.

Ha-Joon Chang (장하준, b. South Korea in 1963) is one of the leading heterodox economists specialising in development economics. Trained at the University of Cambridge, where he currently works as a Reader in the Political Economy of Development, Chang is the author of several influential policy books, including 2002's Kicking Away the Ladder: Development Strategy in Historical Perspective. [1][2][3]

He has served as a consultant to the World Bank, the Asian Development Bank and the European Investment Bank as well as to Oxfam[4] and various United Nations agencies.[5] He is also a fellow at the Center for Economic and Policy Research[6] in Washington, D.C.

Chang is also known for being an important academic influence on the economist Rafael Correa, currently President of Ecuador.[7] [8]

Contents

[edit] Background

Chang's contribution to heterodox economics started while studying under Robert Rowthorn, a leading British Marxist economist,[9] with whom he worked on the elaboration of the theory of industrial policy, a middle-way between central planning and the unrestrained free-market. His work in this area led to the elaboration of a broader approach to economics Chang calls institutionalist political economy which places economic history and socio-political factors at the centre of the evolution of economic practices.

[edit] Writing

In his book Kicking Away the Ladder (which won the 2003 Gunnar Myrdal Prize), Chang argued that all major developed countries used interventionist economic policies in order to get rich and then tried to forbid other countries from doing similarly. The WTO, World Bank and IMF come in for strong criticism for this kind of ladder-kicking which is, according to Chang, the fundamental obstacle to poverty alleviation in the developing world. This and other work led to his being awarded the 2005 Wassily Leontief Prize for Advancing the Frontiers of Economic Thought from the Global Development and Environment Institute (previous prize-winners include Amartya Sen, John Kenneth Galbraith and Herman Daly). [1] [2]

Following up on the ideas of Kicking Away the Ladder, Chang published Bad Samaritans: Rich Nations, Poor Policies and the Threat to the Developing World in December 2007.[10]. Chang argues that unregulated international trade (free markets) has very rarely succeeded in producing economic development, and has a far worse record compared to interventionist policies. He cites evidence that GDP growth in developing countries was higher prior to external pressures recommending deregulation and extends his analysis of the failures of free trade to induce growth through privatisation and anti-inflationary policies. The book is sometimes confused with an earlier book criticising unregulated free trade Bad Samaritans: First World Ethics and Third World Debt (1990) by the development activist Paul Vallely which is a political rather than economic critique. Chang's book won plaudits from Nobel prize-winning economist Joseph Stiglitz.

[edit] Bibliography

  • The political economy of industrial policy (St. Martin's; 1994)
  • Intellectual property rights and economic development: historical lessons and emerging issues (pamphlet) (TWN; 2001)
  • Who benefits from the new international intellectual property rights regime?: and what should Africa do? (pamphlet) (ATPSN; 2001)
  • Joseph Stiglitz and the World Bank: the rebel within (collection of Stiglitz speeches) (Anthem; 2001)
  • Kicking Away the Ladder: Development Strategy in Historical Perspective (Anthem; 2002)
  • Globalization, Economic Development, and the Role of the State (essay collection) (Zed; 2002)
  • Restructuring Korea Inc. (with Jang-Sup Shin) (Routledge; 2003)
  • Reclaiming development: an alternative economic policy manual (with Ilene Grabel) (Zed; 2004)
  • The East Asian development experience: the miracle, the crisis and the future (Zed; 2006)
  • Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (Bloomsbury; 2008)


[edit] References

  1. ^ "Ha-Joon Chang's home page". University of Cambridge. 19 Oct 2007. http://www.econ.cam.ac.uk/faculty/chang/. Retrieved 2007-10-19. 
  2. ^ "Article summarising "Kicking Away the Ladder" book". Post-Autistic Economics Review. 14 Sept 2002. http://www.paecon.net/PAEtexts/Chang1.htm. Retrieved 2007-10-19. 
  3. ^ A paper by Chang summarising much of "Kicking Away the Ladder". Foreign Policy In Focus. April 2003. http://www.fpif.org/papers/03trade/index.html. Retrieved 2007-10-19. 
  4. ^ Ha-Joon Chang (November 2005). Why Developing Countries Need Tariffs? How WTO NAMA Negotiations Could Deny Developing Countries’ Right To A Future.. Oxfam International/South Centre. http://www.southcentre.org/publications/SouthPerspectiveSeries/WhyDevCountriesNeedTariffsNew.pdf. Retrieved 2007-10-19. 
  5. ^ Ha-Joon Chang (July 2006). Understanding the Relationship between Institutions and Economic Development: Some Key Theoretical Issues.. The World Institute for Development Economics Research/United Nations University. http://www.wider.unu.edu/publications/dps/dps2006/dp2006-05.pdf. Retrieved 2007-10-19. 
  6. ^ "CEPR Senior Research Partners". Center for Economic and Policy Research. 19 Oct 2007. http://www.cepr.net/index.php?option=com_content&task=view&id=1026&Itemid=153#chang. Retrieved 2007-10-19. 
  7. ^ Rafael Correa (20 May 2006). "El sofisma del libre comercio". La Insignia. http://www.lainsignia.org/2006/mayo/econ_018.htm. Retrieved 2007-10-19. 
  8. ^ Mónica Almeida (23 Sept 2007). "Ecuador debe planificar su propio modelo de desarrollo". EL Universo. http://www.eluniverso.com/2007/09/23/0001/9/EC7E0CEDEA434BF99F0D401B91C87DB2.aspx. Retrieved 2007-10-19. 
  9. ^ Bob Rowthorn (July-Aug 1974). "Neo-Classicism, Neo-Ricardianism and Marxism". New Left Review. http://www.newleftreview.org/?page=article&view=1322. Retrieved 2007-10-19. 
  10. ^ Ha-Joon Chang (July-2007). Protecting the global poor. Prospect. http://www.prospect-magazine.co.uk/article_details.php?id=9653. Retrieved 2008-02-18. 

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