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

Book Details

Format Hardback or Cased Book
ISBN-10 0873325265
ISBN-13 9780873325264
Publisher Taylor & Francis Inc
Imprint M.E. Sharpe
Country of Manufacture US
Country of Publication GB
Publication Date Jan 31st, 1989
Print length 256 Pages
Weight 453 grams
Ksh 33,300.00
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This study makes a case for the now prevalent contention that the development model of east Asian NICs is less costly, more adaptive to fluctuating world market conditions, and more sustainable than that of the Latin American NICs.
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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