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Industrialization in an age of globalization: some comparisons between East and South East Asia and Latin America


  • John Weiss
  • Hossein Jalilian


The contrast between industrial experience in East and South East Asia and Latin America is dramatic. Whilst a first generation of newly industrialized economies in East Asia grew rapidly on the basis of manufacturing expansion, the longer-established industries of Latin America have performed relatively poorly by most indicators. This paper utilizes data from UN and World Bank databases to assess relative performance since the early 1980s. It shows that whilst there is some evidence of modest catch-up in efficiency terms for Latin America in the 1990s, this is not enough to make serious inroads into the loss of international competitiveness experienced by the region in earlier decades.

Suggested Citation

  • John Weiss & Hossein Jalilian, 2004. "Industrialization in an age of globalization: some comparisons between East and South East Asia and Latin America," Oxford Development Studies, Taylor & Francis Journals, vol. 32(2), pages 283-307.
  • Handle: RePEc:taf:oxdevs:v:32:y:2004:i:2:p:283-307 DOI: 10.1080/13600810410001699993

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    References listed on IDEAS

    1. Alderman, H. & Paxson, C.H., 1992. "Do the Poor Insure? A Synthesis of the Literature on Risk and Consumption in Developing Countries," Papers 164, Princeton, Woodrow Wilson School - Development Studies.
    2. Neil McCulloch & Bob Baulch, 2000. "Simulating the impact of policy upon chronic and transitory poverty in rural Pakistan," Journal of Development Studies, Taylor & Francis Journals, vol. 36(6), pages 100-130.
    3. Morduch, Jonathan, 1998. "Poverty, economic growth, and average exit time," Economics Letters, Elsevier, vol. 59(3), pages 385-390, June.
    4. World Bank, 2001. "Risk Management in South Asia : A Poverty Focused Approach," World Bank Other Operational Studies 15449, The World Bank.
    5. Manuel Arellano & Stephen Bond, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Oxford University Press, vol. 58(2), pages 277-297.
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    Cited by:

    1. Sanjaya Lall & John Weiss & Hiroshi Oikawa, 2005. "China's Competitive Threat to Latin America: An Analysis for 1990-2002," Oxford Development Studies, Taylor & Francis Journals, vol. 33(2), pages 163-194.
    2. Kevin Honglin Zhang, 2010. "How Does Globalization Affect Industrial Competitiveness?," Contemporary Economic Policy, Western Economic Association International, vol. 28(4), pages 502-510, October.
    3. Zhang, Kevin Honglin, 2014. "How does foreign direct investment affect industrial competitiveness? Evidence from China," China Economic Review, Elsevier, vol. 30(C), pages 530-539.

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