[PDF] The Role Of The Newly Industrializing Economies In The World Economy eBook

Author : Manfred Kulessa
Publisher : Springer Science & Business Media
Page : 367 pages
File Size : 21,45 MB
Release : 2012-12-06
Category : Business & Economics
ISBN : 3642757057

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Where development is concerned, our language and perhaps our way of thinking often ap pear somewhat distorted. If anything, the Asian economies with their most impressive and dynamic growth should logically be called developing countries. Instead, we call them threshold countries, newly industrializing countries (NICs) or newly industrializing eco nomies (NIEs), the latter term taking into account the Chinese argument that Hong Kong and Taiwan should not be considered countries. During the eighties, when Latin American NICs became the main victims of the debt crisis, the NIEs of East Asia (EANIEs), the little tigers or dragons, presented most impres sive examples of growth through orientation to world trade, fitting well into the Japanese 'flying-geese' concept. Naturally, questions were raised as to the reasons for this success, the lessons other countries could draw from it, and the outlook for the future. At the same time, the establis hed industrial countries wanted to know what NIE competition might mean for them. In 1988, the OECD published a study entitled "The NIEs -Challenge and Opportunity for OECD Industries". The NIBs had become a fashionable object of research and debate. In Western Europe, where countries are preparing for a period offurtherintegration and East-West cooperation, it seems worth-while to also consider the role ofthe EANIEs and the options for cooperation they represent. Moreover, the NIEs themselves are following development in Europe with some concern and are trying to adjust to the new situation as it emerges.

Author : Bela Balassa
Publisher : New York : Pergamon Press
Page : 498 pages
File Size : 30,15 MB
Release : 1981
Category : Business & Economics
ISBN : 9780080263366

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Textbook on industrial development trends and trade policies in developing countries (newly industrializing countries) - discusses alternative development policies, the risks of protectionism, trade barriers and tariff reductions, the role of developed countries, the changing pattern of comparative advantage, international division of labour and trade in industrial products, provides an evaluation of economic policy response to external shocks, and includes national level case studies. References.

Author : Dominik Boddin
Publisher : International Monetary Fund
Page : 37 pages
File Size : 34,18 MB
Release : 2016-10-17
Category : Business & Economics
ISBN : 147554569X

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In light of increased vertical specialization and the dominance of trade in intermediates rather than final goods, this paper seeks to raise awareness of the limitations of traditional trade measures on a gross output basis. To do so, this paper uses the WIOD, a world input output table, as an alternative trade measure to analyze the role of six newly industrialized economies in global value chains. The differences between measures on a gross output basis and value added basis are striking. Export shares measured by both methods differed by more than 20 percent for some industries. These findings highlight the need for more sophisticated world input output data to form a better understanding of global trade dynamics and country interdependencies.

Author : Robert Wade
Publisher : Princeton University Press
Page : 500 pages
File Size : 29,71 MB
Release : 2004
Category : Business & Economics
ISBN : 9780691117294

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"George Clooney and Mark Wahlberg lead a talented cast in this harrowing special-effects adventure intercutting the plight of seafarers struggling to reach safe harbor with the heroics of air/sea rescue crews"--Container.

Author : Anis Chowdhury
Publisher : Psychology Press
Page : 304 pages
File Size : 32,69 MB
Release : 1993
Category : East Asia
ISBN : 0415097495

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In surveying the vast range of writing on the East Asian NIEs and their development paths, this book evaluates the competing roles of neo-classical approaches and central government intervention in guiding economic development.

Author : Stephan Haggard
Publisher : Cornell University Press
Page : 300 pages
File Size : 14,95 MB
Release : 1990
Category : Business & Economics
ISBN : 9780801497506

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Pathways from the Periphery is an innovative interpretation of the development of the newly industrializing countries (NICs) which now dominate Third World industry and manufacturing trade. While such countries as Brazil and Mexico have achieved industrialization through strategies intended to foster self-reliance, the East Asian NICs--South Korea, Taiwan, Hong Kong, and Singapore--have grown rapidly through an aggressive policy promoting the export of manufactured goods. Stephan Haggard provides the first comprehensive comparison of the politics of industrialization in these East Asian and Latin American countries and offers new evidence on current issues in comparative political economy, including the implications of different growth paths for dependency, equity, and democracy. Recognizing the influence on development strategies of external shocks--such as depression, war, and reduced access to foreign capital--Haggard emphasizes the importance of domestic political institutions for economic decision-making. The East Asian NICs are characterized by close but regulated business-government alliances, weak labor movements, and politically insulated and administratively capable states: factors, Haggard shows, that have facilitated flexible and coherent industrial policies. He argues that "domestic" policy choices can shape the external constraints states face. The author considers in detail why Latin America's long-standing efforts to achieve self-reliance have ironically resulted in a dependence on international capital greater than that of the East Asian countries. Addressing a long-standing debate on the relationship between industrialization strategy and regime type, Haggard carefully assesses the connection between growth and democratic politics. Despite their authoritarian growth models the Asian NICs have, he observes, achieved greater equity than their Latin American counterparts. Although the "success" of export-led growth has in the past been associated with authoritarian rule, Haggard argues that no compelling theoretical reasons preclude democratic governments from achieving strong economic performance. Breaking new ground in theoretical inquiry and empirical research, Pathways from the Periphery will be welcomed by political economists, scholars and students of comparative politics, historians of Asian and Latin American public policy, and others concerned with the challenge of economic development.