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Coping with Globalization: Asian versus Latin American Strategics of Development

Author(s): Kohli, Atul

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Abstract: When compared to Latin America, Asian economies since 1980 have grown faster and have done so with relatively modest inequalities. Why? A comparison of Asia and Latin America underlines the superiority of the nationalist capitalist model of development, which has often been pursued more explicitly in Asia, over that of a dependent capitalist model, which has often been pursued in Latin America. In comparison to Latin America, the Asian model has facilitated higher and less volatile rates of economic growth and a greater political room to pursue social democratic policies. The “tap root” of these alternate pathways is relative autonomy from global constraints: states and economies in Asia have been more nationalist and autonomous than in Latin America.
Publication Date: 2012
Citation: Kohli, Atul. (2012). Coping with Globalization: Asian versus Latin American Strategics of Development. Brazilian Journal of Political Economy, 32
DOI: doi:10.1590/S0101-31572012000400001
Pages: 1 - 26
Type of Material: Journal Article
Journal/Proceeding Title: Brazilian Journal of Political Economy
Version: Final published version. Article is made available in OAR by the publisher's permission or policy.

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