Can Sub-Saharan Africa Learn from the Experiences of East Asian and Latin American Newly Industrialized Countries (NICs)?

Course ID
Ethiopian Economics Association (EEA)
Simon Heliso

The spectacular development experience of east Asia newly industrializing countries (EANICs) and Latin American NICs (LANICs) is compared. Growth in EANICs was driven by non-dogmatic, export oriented policy based on adequate understanding of factor intensity. Export orientation came late in LANICs; was denied the course of comparative advantage; and also suffered from deficient leverage the state had enacting policies. Sub-Saharan Africa (SSA) is a total contrast to NICs in terms of development orientation and policy. Economic liberalization and stabilization promoted in the right sequence is considered key to success. This however needs a radical redefinition of the SSA state itself.

Corporate Author:Ethiopian Economic Association/Ethiopian Economic Policy Research Institute (EEA/EEPRI)
Publisher:Ethiopian Economic Association (EEA)
Primary Descriptors:Economic condition

Secondary Descriptor:
Geographic Descriptors:Sub-Saharan Africa
Cataloge Date:03/02/2013
Broad Subject heading:Industries
Call Number:330.05 ETH JOU
Serial Key Title:Ethiopian Journal of Economics
Publication catagory:Ethiopian Journal of Economics
Content type:EEA Publication
Year:April , 1994
Publication date:1994-03-02 00:00:00
Forum or Discussion date:2013-03-02 00:00:00
PDF file: Simon Heliso_Can SubSaharan Africa Learn from the Experiences of East Asian and Latin American NICs.pdf
Place of publication:Addis Ababa, Ethiopia
Type of material:Serial (Journal)
Current frequency:Semiannual
Author: Simon Heliso