Abstract

OSORIO, Jaime. Latin America in the Mirror of South Korean and Chinese Development. Prob. Des [online]. 2015, vol.46, n.182, pp.143-164. ISSN 0301-7036.  https://doi.org/10.1016/j.rpd.2015.04.002.

Will underdeveloped economies be able to achieve development in the twenty-first century? To advance towards a potential response to this question, this paper analyzes some aspects of the development processes of South Korea and China, pointing to the exceptional geopolitical and strategic conditions behind why their models are unsuitable to emulate. It also highlights the state authoritarianism, strict planning and discipline of both the ruling and ruled classes to guide investment and the growth of specific economic sectors. From this perspective, the paper then discusses some proposals formulated for the region by neo-developmentalism.

Keywords : Development theory; underdevelopment; the State; capitalist development; economic policy.

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