ECONOMIC AND INDUSTRIAL DEVELOPMENT OF THE PERIPHERY: A COMPARISON BETWEEN HIGH-PERFORMING ASIAN ECONOMIES AND LATIN AMERICA (1950-2019)

Juan Santarcángelo () and Noelia Abbate

Applied Econometrics and International Development, 2024, vol. 24, issue 1, 57-80

Abstract: The aim of this paper is to compare the long-term economic performance of the core countries of High-Performing Asian Economies (HPAE) and Latin America in order to analyze their strategies, the role of the state in this process, and the evolution of their productive specialization profile under the new international division of labor. This study presents two peculiarities that are rarely found in the literature. First, it offers a long-term perspective from the 1950s until the present day. Second, it covers a broad range of countries, allowing us to obtain more general and representative conclusions.

El objetivo de este trabajo es comparar el desempeño económico de largo plazo de los países centrales de las Economías Asiáticas de Alto Rendimiento (EAAR) y América Latina para analizar sus estrategias, el papel del Estado en este proceso y la evolución de su perfil de especialización productiva bajo la nueva división internacional del trabajo. Este estudio presenta dos peculiaridades poco frecuentes en la literatura. En primer lugar, ofrece una perspectiva de largo plazo, desde la década de 1950 hasta la actualidad. En segundo lugar, abarca un amplio abanico de países, lo que permite obtener conclusiones más generales y representativas.

Keywords: Economic development; Latin America; High-Performing Asian Economies; Political Economy. Desarrollo económico; Estado; América Latina; Economías Asiáticas de Alto Rendimiento; Economía política. (search for similar items in EconPapers)
JEL-codes: O11 O20 O57 (search for similar items in EconPapers)
Date: 2024
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