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Structural Adjustment in East Asia and Latin America: A Selective Literature Review

In: Development Strategies in East Asia and Latin America

Author

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  • Barbara Stallings

Abstract

In the 1970s, a group of East Asian and Latin American countries came to be viewed as exemplars of newly-industrializing economies (NIEs). These were middle-income countries that were growing rapidly, incorporating advanced technology and moving towards industrial exports, and beginning to close the enormous gap between themselves and the advanced industrial economies. In this sense, they distinguished themselves from other developing nations which continued to rely on primary product exports to fall ever further behind in the development process.

Suggested Citation

  • Barbara Stallings, 1998. "Structural Adjustment in East Asia and Latin America: A Selective Literature Review," Palgrave Macmillan Books, in: Akio Hosono & Neantro Saavedra-Rivano (ed.), Development Strategies in East Asia and Latin America, chapter 4, pages 53-66, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-26567-1_4
    DOI: 10.1007/978-1-349-26567-1_4
    as

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