Latin America Vs East Asia A Comparative Development Perspective

Download or read book Latin America vs East Asia: A Comparative Development Perspective written by Jingyuan Lin and published by Routledge. This book was released on 2019-07-25 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.