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.
- ISBN10 0873325265
- ISBN13 9780873325264
- Publish Date 31 January 1989
- Publish Status Active
- Publish Country US
- Publisher Taylor & Francis Inc
- Imprint M.E. Sharpe
- Format Hardcover
- Pages 256
- Language English