Journal ArticleDOI
Was Latin America too rich to prosper? Structural and political obstacles to export‐led industrial growth
TLDR
The authors explored the divergence in economic policy and performance between East Asia and Latin America and offered a typology of explanations from the political economy literature, focusing on the relative size of the income sacrifice entailed in the competitive export of simple manufactures.Abstract:
This essay explores the divergence in economic policy and performance between East Asia and Latin America. It offers a typology of explanations from the political economy literature. Evidence is presented for an explanation focused upon the relative size of the income sacrifice entailed in the competitive export of simple manufactures. In the 1960s, Latin American countries would have faced massive, politically unthinkable currency devaluations, had they sought to compete with East Asia. Thus Latin American dependency in the post‐war period has been more complex than often supposed. The essay ends with thoughts on export‐led industrialisation in indebted Latin America.read more
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Industrial policy reform in six large newly industrializing countries: The resource curse thesis
TL;DR: In this paper, the authors studied six large newly industrializing countries (NICs) in the 1950s and found that the most well-endowed NICs abandoned AIP early in favor of a competitive industrial policy (CIP) which relied on labor-intensive exports to earn foreign exchange and resulted in rapid economic growth.
Resource Impact: Curse or Blessing? A Literature Survey
TL;DR: A survey of the academic literature on the impact of natural resources on an economy can be found in this article, where the authors assess how the literature explains the transmission mechanisms between resource revenues and economic damage, and what political reforms might be needed to carry out the necessary policies to avoid negative impacts.
Book
Natural Resources and Economic Development
TL;DR: The economics of land conversion and frontier expansion in developing countries are discussed in this paper, with a focus on rural poverty and resource degradation in the context of resource-based economic development in poor countries.
Journal ArticleDOI
Natural resource endowment, the state and development strategy
TL;DR: In this article, a linear causal chain runs from the natural resource endowment to the landholding system, the type of political state, the choice of development strategy and economic performance, which suggests that resource-deficient countries tend to have peasant-dominated landholding systems which foster autonomous political states and growth-promoting economic linkages.
Journal ArticleDOI
Leader behaviour and the natural resource curse
Francesco Caselli,Tom Cunningham +1 more
TL;DR: In this article, the authors identify a number of channels through which resource rents will alter the incentives of a political leader and argue that these mechanisms cannot be fully understood without simultaneously studying leader behaviour.
References
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The Political Economy of Import-Substituting Industrialization in Latin America
TL;DR: In this article, the authors discuss the disenchantment with industrialization in Latin America and the four impulses of import-substituting industrialization (ISI) in the context of Latin America.
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State and Society in the Taiwan Miracle
TL;DR: In this article, the relevance of constructivism for empirical research, focusing on some of the key issues of contemporary international politics: ethnic and national identity gender and political economy, is examined.
Book
Growth With Equity: The Taiwan Case
TL;DR: In this article, an analytical framework that relates changes in family income to the evolution of its several components, which are in turn related to development theory, is developed to explain the observed changes in income distribution during two decades of rapid growth.
Book
Social Conflict and Populist Policies in Latin America
TL;DR: This article pointed out that the industrial economies differ markedly in their mechanisms for resolving social conflicts, particularly in the institutions for regulating the distribution of income between labour and capital, which could help to account for the differing success of the various European economies in adjusting to the adverse shocks of the 1970s.