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  • Publisher:
    Cambridge University Press
    Publication date:
    02 September 2026
    30 September 2026
    ISBN:
    9781009844062
    9781009844031
    9781009844079
    Dimensions:
    Weight & Pages:
    321 Pages
    Dimensions:
    Weight & Pages:
    321 Pages
Selected: Digital
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Book description

While most literature focuses on the successes of developed economies or critiques socialist regimes, it often neglects how to adapt capitalism to the specific needs of developing nations. Gabriel Cepaluni's Capitalism and Development explores capitalism's role in driving economic growth and political stability in developing countries. He draws on vivid stories from São Paulo to Seoul to show how thoughtful regulation, rule-of-law safeguards and strategic public investment can steer capitalism toward broad prosperity without smothering innovation. Offering a fresh perspective on adapting principles to meet the unusual challenges of developing economies, he suggests a balanced approach, combining free-market competition with social protection, advocating inclusive capitalism. Examining empirical evidence and theoretical insights on implementing these principles, he addresses global economic inequality, critiques existing literature, and proposes innovative public policies. Contrasting Latin America's struggles with East Asia's successes, Cepaluni provides a compelling guide for democracies that endure and a planet that thrives.

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