In recent years, much has been made of the success of developing countries, particularly in East Asia, which have achieved economic growth by manufacturing goods which are then exported to developed economies.
Case studies of five countries uncover serious potential difficulties in maintaining the pace of manufacturing for export in the developing countries, and shows that there is no simple relationship between import liberalization and manufacturing for export.
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In recent years developing countries, particularly in East Asia, have achieved economic growth by manufacturing goods which are then exported to developed economies. This text presents case studies of five countries which uncover serious potential difficulties in maintaining the pace of manufacturing for export in the developing countries, showing that there is no simple relationship between import liberalization and manufacturing for export.
G. K. Helleiner is Professor of Economics at the University of Toronto.
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