1. Overview -- 2. Changing Paradigms in Economic Development -- 3. Initial Conditions for Post-WW2 Development of East Asia and Latin America -- 4. Economic Policy Choices -- 5. Institutions and Governance -- 6. Political Economy Factors -- 7. Three Comparative Case Studies -- 8. Conclusions and Lessons for Development Policy
Summary
Why has there has been such a pronounced divergence in the economic fortune of developing countries? Comparing the experience of East Asia and Latin America since the mid-1970s, Elson identifies the key internal factors common to each region which have allowed East Asia to take advantage of the trade, financial, and technological impact of a more globalized economy to support its development, while Latin America has not. Unique in it comparative regional perspective and grounded in an inter-disciplinary approach, this work is a timely addition to our understanding of the future of economic development
Bibliography
Includes bibliographical references (pages 231-264) and index
