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

ISBN-13: 9780873325264 / Angielski / Twarda / 1989 / 256 str.

Opis

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.

Spis treści

Charts, Tables, Preface, 1 Introduction, 2 Policy Reforms, International Competitiveness, and Export Performance: Chile and Argentina versus Taiwan and South Korea, Introduction and Summary, Comparative Export and Macroeconomic Performances, Differences in Trade Policy Reform during the 1960s, Divergence in the Controi of Inflation and Unit Labor Costs, Policy Reforms in Chile and Argentina in the 1970s, Conclusions, 3 Policy Response to Externai Shocks: Brazil versus Taiwan and South Korea, Introduction and Summary, Comparative Macroeconomic Performance, before and after the First Oil Shock, Price Stabilization and Externai Adjustment after the First Oil Shock, Policy Response to the Second Oil Shock, Conclusions, 4 Controlling Rapid Inflation: East Asia versus Latin America, Introduction and Summary, Divergence in Inflation and Stabilization, Disparity in Policy and Institutionai Reforms, Interactions between Export Growth and Domestic Price Stability, Consequences of Divergent Policy Responses to the Worsening in the Global Environment, Conclusions, Epilogue, 5 Summary and Conclusions, Divergence in the Pattern of Economic Growth before the First Oil Shock, The Mechanism of the Virtuous Circle in the East Asian Growth Process, The Mechanism of the Vicious Circle in the Latin American Growth Process, The Controi of Hyperinflation and the Reform of Key Institutions and Trade Policies in East Asia, The Inadequacy of Stabilization Efforts and Trade Policy Reforms in Latin America, The Extensive Policy Reforms in Chile and Argentina during the 1970s and Their Outcomes, The Problems with the Southern Cone Reform Attempts in Light of the East Asian Reform Experiences, Brazil's Policy Response to Externai Shocks in the 1970s, Compared to Taiwan and South Korea, The Need for a Thorough Reexamination of Basic Policy Approaches to Economic Development and Price Stabilization in Latin America, Notes, Selected Bibliography, Index, About the Author

O autorze

Ching-yuan (Ken) Lin (1932-1987) was a senior economist in the Research Department of the International Monetary Fund. He held a B.A. from National Taiwan University, an M.A. from Vanderbilt University, and a M. Phil. and a Ph.D. from The George Washington University—all in economics. In addition, he was a UN Fellow at the Economic Commission for Asia and the Far East (Bangkok) during 1963 and 1964; a Visiting Fellow at the Economic Growth Center, Yale University, during the academic year 1981-1982; and a Visiting Scholar at the Brookings Institution during the summer months of 1982., Dr. Lin was keenly interested in the policy issues and problems of economic development, and was the author also of Industrialization in Taiwan, 1946-1972: Trade and Import-Substitution Policiesfor Developing Countries; Developing Countries in a Turbulent World: Patterns of Adjustment since the Oil Crisis; and Japanese and U. S. Inflation: A Comparative Analysis.