1st Edition
Latin America vs East Asia: A Comparative Development Perspective A Comparative Development Perspective
This study makes a solid case for the now prevalent contention that the development model of East Asian NICs is less costly (i.e. over inflation levels and more equitable income distribution), more adaptive to fluctuating would market conditions (eg. successful adjustment to the two oil crises) and more sustainable (i.e. high growth rates, even in the turbulent 1970s) than that of the Latin American NICs. In considering these issues, this book examines the major Latin American countries' economic problems and development experiences in light of the more successful stabilization and development experiences of the East Asian countries, Taiwan and South Korea in particular.
Biography
Ching-yuan (Ken) Lin (1932-1987) was a senior economist in the Research Department of the International Monetary Fund. He held a B.A. from National Taiwan University, an M.A. from Vanderbilt University, and a M. Phil. and a Ph.D. from The George Washington University—all in economics. In addition, he was a UN Fellow at the Economic Commission for Asia and the Far East (Bangkok) during 1963 and 1964; a Visiting Fellow at the Economic Growth Center, Yale University, during the academic year 1981-1982; and a Visiting Scholar at the Brookings Institution during the summer months of 1982., Dr. Lin was keenly interested in the policy issues and problems of economic development, and was the author also of Industrialization in Taiwan, 1946-1972: Trade and Import-Substitution Policiesfor Developing Countries; Developing Countries in a Turbulent World: Patterns of Adjustment since the Oil Crisis; and Japanese and U. S. Inflation: A Comparative Analysis.