European Tribune - Comments - The euro at 10 - the return of the real economy

The euro at 10 - the return of the real economy | 90 comments (90 topical, 0 editorial, 0 hidden)

Re: Tell that to the Mexican farmers (none / 1)

When are you going to stop peddling rubbish about China?

They still are not engaging in Free Trade as you know it.
The vast majority of increase in living standards came before they even instituted the current "free trade" reforms.
That pattern of growth out of poverty mirrors pretty well the experiences of both Japan and South Korea and the USA, in fact - there's a whole set of vital steps that occur under protectionism.

I know you don't like it, but the empirical evidence is that "free trade" as you push it doesn't provide the outcomes you think it does.

by Metatone (metatone [a|t] gmail (dot) com) on Thu Jan 1st, 2009 at 04:18:57 PM EST
[ Parent ]

Re: Tell that to the Mexican farmers (none / 0)

The Chinese are certainly engaging in free trade, they way I mean it. Sure, there are still some tariffs on strategic metals and goods with a high energy content, but that's about it.
Certainly not. It came with Deng, both as a result of him instituting smart reforms and partly by him just not being Mao "let's kill millions through incompetence and malice" Zedong. Like I said before, just check Gapminder. It's a great tool.
I never said the State doesn't have a great role in development. Being a free trader is not the same as being a neoliberal. I've read a great book on development economics which very clearly shows that wothout a strong state you're not going to get anywhere, though I'm not sure if it has been translated.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Thu Jan 1st, 2009 at 04:39:24 PM EST
[ Parent ]

The euro at 10 - the return of the real economy | 90 comments (90 topical, 0 editorial, 0 hidden)

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