Published online by Cambridge University Press: 13 June 2011
Explanations of the growth of the newly industrializing countries (NICs) by neoclassical economists and dependency theorists neglect the role of politics in shaping development strategies. Different social configurations, state structures, and ideas about development help explain the divergent policy choices made by the export-oriented East Asian NICs—Korea and Taiwan—and the more “inward-looking” countries of Latin America, particularly Mexico and Brazil. These different strategic choices, in turn, account for variations in the patterns of external “dependency” that characterize countries in the two regions.
1 There is no clear, unambiguous definition of the “newly industrializing countries.” Different writers have used different indicators, including level of industrialization, rates af growth and, most frequently, level or rate of growth of manufactured exports. For aggregate studies stressing the effect of the NICs on world trade, investment, and production, see Beenstock, Michael, The World Economy in Transition (London: George Allen & Unwin, 1983)Google Scholar; The World Economy in Transition (London: George Allen & Unwin, 1983)Google Scholar; Cline, William R., Exports of Manufactures from Developing Countries (Washington, DC: The Brookings Institution, 1984)Google Scholar; Exports of Manufactures from Developing Countries (Washington, DC: The Brookings Institution, 1984)Google Scholar; Keesing, Donald, World Trade and Output of Manufactures: Structural Trends and Developing Countries' Exports (Washington, DC: World Bank staff Working Paper No. 316, 1979)Google Scholar; World Trade and Output of Manufactures: Structural Trends and Developing Countries' Exports (Washington, DC: World Bank staff Working Paper No. 316, 1979)Google Scholar; Organization for Economic Cooperation and Development, The Impact of the Newly Industrializing Countries on Production and Trade in Manufactures (Paris: OECD, 1979)Google Scholar; The Impact of the Newly Industrializing Countries on Production and Trade in Manufactures (Paris: OECD, 1979)Google Scholar.
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53 In addition to the volumes under review, see the works cited in fn. 5.
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55 Moran, Theodore, Multinational Corporations and the Politics of Dependence: Copper in Chile (Princeton: Princeton University Press, 1974)Google Scholar; Multinational Corporations and the Politics of Dependence: Copper in Chile (Princeton: Princeton University Press, 1974)Google Scholar; Stepan, Alfred, The State and Society: Peru in Comparative Perspective (Princeton: Princeton University Press, 1978)Google Scholar; The State and Society: Peru in Comparative Perspective (Princeton: Princeton University Press, 1978)Google Scholar.
56 See Deyo (fns. 33 and 34); and Buchanan (fn. 39).
57 See Youngson (fn. 38), chap. 2.
58 Kim, Kwan Bok, The Korea-Japan Treaty Crisis and the Instability of the Korean Political System (New York: Praeger, 1971)Google Scholar; The Korea-Japan Treaty Crisis and the Instability of the Korean Political System (New York: Praeger, 1971)Google Scholar.
59 Arriola, Carlos, “Los Grupos Empresariales Frente el Estado,” Foro Internacional 16 (April-June, 1976), 449-95Google Scholar.
60 For an early statement of this conflict, see Luiz Carlos Pereira, Bresser, O Colapso de uma Alianca de Classes (São Paulo: Editora Brasiliense, 1978)Google Scholar; O Colapso de uma Alianca de Classes (São Paulo: Editora Brasiliense, 1978)Google Scholar.
61 See Jacoby, Neil H., U.S. Aid to Taiwan: A Study of Foreign Aid, Self-Help, and Development (New York: Praeger, 1966)Google Scholar; U.S. Aid to Taiwan: A Study of Foreign Aid, Self-Help, and Development (New York: Praeger, 1966)Google Scholar.
62 See Miners (fn. 38).
63 Fernando H. Cardoso, “The Originality of a Copy: CEPAL and the Idea of Development,” CEPAL Review (No. 4, 1977), 7-40.
64 Foxley (fn. 32).
65 For an interpretation that puts the growth of the NICs in a very long historical perspective, see Reynolds, Lloyd, “The Spread of Economic Growth to the Third World: 1850-1980,” Journal of Economic Literature 21 (September 1983), 941-80Google Scholar.