Main menu

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

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: 

<p>Economic condition</p>

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: 
Content type: 
Volume: 
III
Year: 
April , 1994
Publication date: 
1994-03-02 00:00:00
Forum or Discussion date: 
2013-03-02 00:00:00
Number: 
1
Place of publication: 
Addis Ababa, Ethiopia
Type of material: 
Serial (Journal)
Current frequency: 
Semiannual
Author: