Abstract
The very success of the East Asian NICs (newly industrialising countries) has, ironically, evoked a new export pessimism. This paper sorts out the arguments underlying this pessimism and evaluates their credibility.1 The discussion moves from a summary of the old export pessimism and the results of import substitution (Section 1), to the case for export promotion (Section 2), and to an evaluation of the new export pessimism (Section 3).
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© 1989 International Economic Association
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Meier, G.M. (1989). The Old and New Export Pessimism: A Critical Survey. In: Islam, N. (eds) The Balance between Industry and Agriculture in Economic Development. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-10277-8_9
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DOI: https://doi.org/10.1007/978-1-349-10277-8_9
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