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Aid and Development in Taiwan, South Korea, and South Vietnam

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  • Kevin Gray

Abstract

The aim of this paper is to explain the divergent developmental outcomes between South Korea, Taiwan, and South Vietnam. Whilst US aid has correctly been cited as key factor in explaining the rapid post-war development of South Korea and Taiwan, the ultimate failure to establish strong institutions in South Vietnam calls for a closer analysis of how differing historical and geopolitical factors explain the greater political stability and absorptive capacity of South Korea and Taiwan.

Suggested Citation

  • Kevin Gray, 2013. "Aid and Development in Taiwan, South Korea, and South Vietnam," WIDER Working Paper Series wp-2013-085, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2013-085
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    File URL: https://www.wider.unu.edu/sites/default/files/WP2013-085.pdf
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    References listed on IDEAS

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    1. Cumings, Bruce, 1984. "The origins and development of the Northeast Asian political economy: industrial sectors, product cycles, and political consequences," International Organization, Cambridge University Press, vol. 38(1), pages 1-40, January.
    2. Nancy Wiegersma, 1988. "Vietnam: Peasant Land, Peasant Revolution," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-09970-2, December.
    3. Nan Wiegersma & Joseph E. Medley, 2000. "Aid and Development," Palgrave Macmillan Books, in: US Economic Development Policies towards the Pacific Rim, chapter 1, pages 1-15, Palgrave Macmillan.
    4. Chung, Young-Iob, 2007. "South Korea in the Fast Lane: Economic Development and Capital Formation," OUP Catalogue, Oxford University Press, number 9780195325454.
    5. Nan Wiegersma & Joseph E. Medley, 2000. "US Economic Development Policies towards the Pacific Rim," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-333-98386-7, December.
    6. Kohli, Atul, 1994. "Where do high growth political economies come from? The Japanese lineage of Korea's "developmental state"," World Development, Elsevier, vol. 22(9), pages 1269-1293, September.
    7. Dacy,Douglas C., 1986. "Foreign Aid, War, and Economic Development," Cambridge Books, Cambridge University Press, number 9780521303279, October.
    8. Westphal, Larry E, 1990. "Industrial Policy in an Export-Propelled Economy: Lessons from South Korea's Experience," Journal of Economic Perspectives, American Economic Association, vol. 4(3), pages 41-59, Summer.
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    Cited by:

    1. Singh, Ajit & Singh, Gurmail, 2013. "Almost Steady East Asian Rise: Implications for Labour Markets and Income Distribution," MPRA Paper 53028, University Library of Munich, Germany, revised 08 Dec 2013.
    2. Razmi, Arslan, 2015. "The limits to wage-led growth in a low-income economy," UMASS Amherst Economics Working Papers 2015-01, University of Massachusetts Amherst, Department of Economics.
    3. Popov, Vladimir, 2015. "Разрыв Между Югом И Западом По Уровню Экономического Развития Сокращается? [Catching up: Developing countries in pursuit of growth]," MPRA Paper 65893, University Library of Munich, Germany.
    4. Popov, Vladimir, 2015. "Catching Up: Developing Countries in Pursuit of Growth," MPRA Paper 65878, University Library of Munich, Germany.

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