Policy Choices in the Newly-Industrializing Countries

  • Bela Balassa


This chapter will compare the policies and economic performance of newly-industrializing countries (NICs) in the Far East and Latin America in the 1963–88 period. The two groups of countries include Hong Kong, Korea, Singapore, and Taiwan and Argentina, Brazil, Chile, and Mexico.


Policy Choice External Shock Import Substitution External Debt Manufacture Export 
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Copyright information

© Carol Balassa 1993

Authors and Affiliations

  • Bela Balassa
    • 1
  1. 1.Political EconomyThe Johns Hopkins UniversityBaltimoreUSA

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