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

Course ID
Publisher
Ethiopian Economics Association (EEA)
Author
Simon Heliso

Abstract:
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
Volume:III
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
Number:1
Place of publication:Addis Ababa, Ethiopia
Type of material:Serial (Journal)
Current frequency:Semiannual
Author: Simon Heliso