Trade and Growth: Why Asia Grows Faster than Latin America

Manuel Agosin

Chapter 9 in Economic Growth with Equity, 2007, pp 201-219 from Palgrave Macmillan

Abstract: Abstract It is already an accepted stylized fact of international development that Latin American countries (LACs) grow at more modest rates than the Asian exporters of manufactures. It is also true that the latter countries made a transition to export-oriented growth well before LACs; moreover, they have been considerably more successful in encouraging export growth and in diversifying their output and export mix.

Keywords: Real Exchange Rate; World Development Indicator; Hong Kong; Export Growth; Export Structure (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1057/9780230800915_9

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