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The Political Economy of Industrialization: A Comparison of Latin American and East Asian Newly Industrializing Countries

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  • Rhys Jenkins

Abstract

ABSTRACT The paper analyses the industrial performance of two East Asian (South Korea and Taiwan) and three Latin American (Argentina, Brazil and Mexico) newly industrializing countries. It argues that the better performance in East Asia is not due simply to differences in trade orientation or the degree of state intervention, but rather to the effectiveness of intervention. This is explained in terms of the relative autonomy of the state and the structuring of the state apparatus in the two regions. The historically determined class structure and the international context led to much greater state autonomy in East Asia than in Latin America. The last part of the paper shows a number of ways in which this greater relative autonomy has contributed to rapid industrial growth in East Asia in comparison with Latin America.

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  • Rhys Jenkins, 1991. "The Political Economy of Industrialization: A Comparison of Latin American and East Asian Newly Industrializing Countries," Development and Change, International Institute of Social Studies, vol. 22(2), pages 197-231, April.
    • Handle: RePEc:bla:devchg:v:22:y:1991:i:2:p:197-231
    DOI: 10.1111/j.1467-7660.1991.tb00409.x
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    6. Abdelkader Sid Ahmed, 1993. "La crise des économies maghrébines : les politiques redistributives en question," Revue Tiers Monde, Programme National Persée, vol. 34(135), pages 565-583.
    7. Kwong-Leung Tang, 1998. "East Asian Newly Industrializing Countries: Economic Growth and Quality of Life," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 43(1), pages 69-96, February.
    8. Dengjian Jin, 1995. "Bounded governance within extended order: The Confucian advantage of synergy under generalized constitutional rules," Constitutional Political Economy, Springer, vol. 6(3), pages 263-279, October.
    9. Sumon Kumar Bhaumik & Saul Estrin & Rajneesh Narula, 2024. "Integrating host-country political heterogeneity into MNE–state bargaining: insights from international political economy," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 55(2), pages 157-171, March.
    10. Andres Irarrazaval, 2022. "The Fiscal Origins of Comparative Inequality levels: An Empirical and Historical Investigation," Working Papers wp531, University of Chile, Department of Economics.
    11. Bae‐Gyoon Park, 2008. "Uneven Development, Inter‐scalar Tensions, and the Politics of Decentralization in South Korea," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 32(1), pages 40-59, March.
    12. Valentine M. Moghadam, 1992. "Development and Patriarchy: the Middle East and North Africa in Economic and Demographic Transition," WIDER Working Paper Series wp-1992-099, World Institute for Development Economic Research (UNU-WIDER).
    13. Irarrázaval, Andrés, 2020. "The fiscal origins of comparative inequality levels: an empirical and historical investigation," Economic History Working Papers 107491, London School of Economics and Political Science, Department of Economic History.
    14. Stephanie Maren Neidlinger & Jörg Felfe & Katharina Schübbe, 2022. "Should I Stay or Should I Go (to the Office)?—Effects of Working from Home, Autonomy, and Core Self–Evaluations on Leader Health and Work–Life Balance," IJERPH, MDPI, vol. 20(1), pages 1-21, December.
    15. Haraguchi, Nobuya & Martorano, Bruno & Sanfilippo, Marco, 2019. "What factors drive successful industrialization? Evidence and implications for developing countries," Structural Change and Economic Dynamics, Elsevier, vol. 49(C), pages 266-276.
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