Latin America vs East Asia: A Comparative Development Perspective: A Comparative Development Perspective

1st Edition

Jingyuan Lin

Routledge
Published January 31, 1989
Reference - 256 Pages
ISBN 9780873325264 - CAT# Y182731

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Summary

This study makes a solid case for the now prevalent contention that the development model of East Asian NICs is less costly (i.e. over inflation levels and more equitable income distribution), more adaptive to fluctuating would market conditions (eg. successful adjustment to the two oil crises) and more sustainable (i.e. high growth rates, even in the turbulent 1970s) than that of the Latin American NICs. In considering these issues, this book examines the major Latin American countries' economic problems and development experiences in light of the more successful stabilization and development experiences of the East Asian countries, Taiwan and South Korea in particular.

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