Abstract
Divergence in the development of East Asian and Latin American NICs is catching the attention of a growing number of political economists. This divergent development has sparked debates over theory between advocates of neo-liberal and neo-dependency approaches1 in accounting for the regional divergence: does the East Asian success confirm modernisation theory (neo-liberalism) or does each region require its own theory?2 East Asian ‘miracles’ have led to controversies over practice with regard to policy recommendations for third world nations: is the East Asian model exportable and is this desirable?3
Keywords
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 1998 Lawrence R. Alschuler
About this chapter
Cite this chapter
Alschuler, L.R. (1998). Divergent Development: the Newly Industrialising Countries of East Asia and Latin America. In: Multinationals and Maldevelopment. Palgrave Macmillan, London. https://doi.org/10.1057/9780230378261_7
Download citation
DOI: https://doi.org/10.1057/9780230378261_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-69947-8
Online ISBN: 978-0-230-37826-1
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)