Three Cross-Regional Case Studies
Anthony Elson
Chapter Chapter 9 in Globalization and Development, 2013, pp 161-195 from Palgrave Macmillan
Abstract:
Abstract This chapter examines the comparative development of East Asia and Latin America through the lens of three comparative case studies that illustrate or highlight particular themes raised in the preceding chapters, and are important in explaining the divergent development trajectories of the two regions. These are: Jamaica and Singapore, Chile and Malaysia, and Indonesia and Venezuela. In each case study, an attempt is made to focus on a key turning point in the economic development of the country that was rooted in a problem common to both countries, but which provoked a different policy response and had an enduring impact in terms of promoting or retarding economic growth. Each of the case studies is analyzed in terms of the four dimensions or factors that were identified in previous chapters as key differentiating characteristics for the development outcomes of the two regions, namely, (a) initial conditions, (b) policy choices, (c) institutions, and (d) political economy factors.
Keywords: Foreign Direct Investment; Central Bank; United Malay National Organization; Political Economy Factor; Public Sector Deficit (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-31639-4_9
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DOI: 10.1057/9781137316394_9
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