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Synopsis
Why has there been such a pronounced divergence in the economic fortunes of developing countries? Comparing the experiences 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 its 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.
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About the Author
Anthony Elson is an international economist, consultant and university lecturer in the Washington, DC, area of the United States. For many years, he was a senior staff member of the IMF and consultant with the World Bank. Currently he serves as Professorial Lecturer at the School for Advanced International Studies at Johns Hopkins University, USA, and Visiting Lecturer at the Duke Center for International Development, Duke University, USA.
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Globalization and Development: Why East Asia Surged Ahead and Latin America Fell Behind
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