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The Newly Industrializing Countries in the International System

Published online by Cambridge University Press:  13 June 2011

Stephan Haggard
Affiliation:
Harvard University
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Abstract

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.

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Review Articles
Copyright
Copyright © Trustees of Princeton University 1986

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References

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47 Hager (fn. 46), 420.

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51 , Cardoso, “Associated-Dependent Development: Theoretical and Practical Implications,” in Stepan, Alfred, ed., Authoritarian Brazil (New Haven: Yale University Press, 1973)Google Scholar; Authoritarian Brazil (New Haven: Yale University Press, 1973)Google Scholar. Other Marxist reformulations seeking to account for the NICs include Bill Warren's stimulating return to Marx, Imperialism: Pioneer of Capitalism (London: New Left Books, 1980)Google Scholar; Imperialism: Pioneer of Capitalism (London: New Left Books, 1980)Google Scholar, chap. 3; Wallerstein, Immanuel, “Semi-peripheral Countries and the Contemporary World Crisis,” Theory and Society 3 (December 1976), 461-83CrossRefGoogle Scholar; Chilcote, Ronald, ed., Dependency and Marxism: Toward a Resolution of the Debate (Boulder, CO: Westview Press, 1982)Google Scholar; Dependency and Marxism: Toward a Resolution of the Debate (Boulder, CO: Westview Press, 1982)Google Scholar. On the applicability of the dependency approach to East Asia, see Haggard and Cheng (fn. 42); Koo (fn. 35); Fblker Frobl, Heinrichs, Jürgen, and Kreye, Otto, The New International Division of Labour: Structural Unemployment in Industrialised Countries and Industrialisation in veloping Countries (New York: Cambridge University Press, 1980)Google Scholar; The New International Division of Labour: Structural Unemployment in Industrialised Countries and Industrialisation in veloping Countries (New York: Cambridge University Press, 1980)Google Scholar.

53 In addition to the volumes under review, see the works cited in fn. 5.

54 Hymer, Stephen, The International Operations of National Firms: A Study in Foreign Investment (Cambridge: MIT Monographs in Economics 14, 1976)Google Scholar; The International Operations of National Firms: A Study in Foreign Investment (Cambridge: MIT Monographs in Economics 14, 1976)Google Scholar; Kindelberger, Charles, American Investment Abroad (New Haven: Yale University Press, 1969)Google Scholar; American Investment Abroad (New Haven: Yale University Press, 1969)Google Scholar.

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.