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Industrialization in an age of globalization: some comparisons between East and South East Asia and Latin America

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  • John Weiss
  • Hossein Jalilian

Abstract

The contrast between industrial experience in East and South East Asia and Latin America is dramatic. Whilst a first generation of newly industrialized economies in East Asia grew rapidly on the basis of manufacturing expansion, the longer-established industries of Latin America have performed relatively poorly by most indicators. This paper utilizes data from UN and World Bank databases to assess relative performance since the early 1980s. It shows that whilst there is some evidence of modest catch-up in efficiency terms for Latin America in the 1990s, this is not enough to make serious inroads into the loss of international competitiveness experienced by the region in earlier decades.

Suggested Citation

  • John Weiss & Hossein Jalilian, 2004. "Industrialization in an age of globalization: some comparisons between East and South East Asia and Latin America," Oxford Development Studies, Taylor & Francis Journals, vol. 32(2), pages 283-307.
    • Handle: RePEc:taf:oxdevs:v:32:y:2004:i:2:p:283-307
    DOI: 10.1080/13600810410001699993
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    Cited by:

    1. Takeo Hori & Masako Ikefuji & Kazuo Mino, 2015. "Conformism And Structural Change," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56(3), pages 939-961, August.
    2. Sanjaya Lall & John Weiss & Hiroshi Oikawa, 2005. "China's Competitive Threat to Latin America: An Analysis for 1990-2002," Oxford Development Studies, Taylor & Francis Journals, vol. 33(2), pages 163-194.
    3. Javier Reyes & Stefano Schiavo & Giorgio Fagiolo, 2010. "Using complex networks analysis to assess the evolution of international economic integration: The cases of East Asia and Latin America," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 19(2), pages 215-239.
    4. Kevin Honglin Zhang, 2010. "How Does Globalization Affect Industrial Competitiveness?," Contemporary Economic Policy, Western Economic Association International, vol. 28(4), pages 502-510, October.
    5. Zhang, Kevin Honglin, 2014. "How does foreign direct investment affect industrial competitiveness? Evidence from China," China Economic Review, Elsevier, vol. 30(C), pages 530-539.
    6. Anis Chowdhury, 2008. "Labor Market Policies as Instruments of Industry Policy: What Can Europe Learn from Southeast Asia?," American Journal of Economics and Sociology, Wiley Blackwell, vol. 67(4), pages 661-681, October.
    7. Audretsch, David & Sanders, Mark, 2007. "Globalization and the Rise of the Entrepreneurial Economy," CEPR Discussion Papers 6247, C.E.P.R. Discussion Papers.
    8. Javier Reyes & Giorgio Fagiolo & Stefano Schiavo, 2008. "Using a complex weighted-network approach to assess the evolution of international economic integration: The cases of East Asia and Latin America," LEM Papers Series 2008/10, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    9. Andersson, Martin & Palacio, Andrés & von Borries, Alvaro, 2022. "Why has economic shrinking receded in Latin America? A social capability approach," Lund Papers in Economic History 236, Lund University, Department of Economic History.
    10. David Roland‐Holst & John Weiss, 2005. "People's Republic of China and its Neighbours: evidence on regional trade and investment effects," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 19(2), pages 18-35, November.

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