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Challenging Neoliberalism

Globalization and the Economic Miracles in Chile and Taiwan

Cal Clark and Evelyn A. Clark

Neoliberalism, which advocates free markets without government interference, has become increasingly utilized and controversial over the last three and a half decades. This book presents case studies of Chile and Taiwan, two countries that seemingly prospered from adopting neoliberal strategies, and finds that their developmental histories challenge neoliberalism in fundamental ways.
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Preface

Globalization and the Economic Miracles in Chile and Taiwan

Cal Clark and Evelyn A. Clark

This project allowed us to combine our interests in Chile (Evelyn) and Taiwan (Cal). Both these nations are widely viewed as having opened their domestic markets to the global economy and subsequently benefitted from export-led growth. This would seemingly confirm the arguments of “neoliberalism” about the necessity of allowing free markets to assume the central role in society. A close examination of these two countries uncovers a much more complex and nuanced situation, however. Some of our analyses and arguments have appeared in two recent journal articles: “Globalization Comes to Chile and Taiwan: A Critique of Neoliberalism.” International Journal of Development Management 2:2 (January 2014) pp. 11–31; and “Taiwan and Chile: Implications for Creating a Dynamic Political Economy.” International Journal of Contemporary Sociology 50:2 (October 2013) pp. 187–207.