Abstract
This article undertakes a comparative analysis by contrasting the national development strategies followed by most countries in Latin America with those of South
Korea and Taiwan during the Cold War period. It seeks to find out why these two
South-East Asian countries, though starting at a much lower level of development
than most Latin American countries at the beginning of the Cold War, were able
to achieve much higher and equitable standards of living at the end of it. Its argument is that the remarkable difference in the performance between both regions
is mainly explained by the ability of these Asian countries to pursue a synergetic
development strategy, whereas the Latin American countries failed to do so. The
extent, scope, and timing of a redistributive land reform were key ingredients of
such a strategy, as well as the linkages established between the economic sectors.
It is concluded that a synergistic development strategy offers the best chances of
promoting a more dynamic, sustainable, and equitable development process for
Latin America.
Korea and Taiwan during the Cold War period. It seeks to find out why these two
South-East Asian countries, though starting at a much lower level of development
than most Latin American countries at the beginning of the Cold War, were able
to achieve much higher and equitable standards of living at the end of it. Its argument is that the remarkable difference in the performance between both regions
is mainly explained by the ability of these Asian countries to pursue a synergetic
development strategy, whereas the Latin American countries failed to do so. The
extent, scope, and timing of a redistributive land reform were key ingredients of
such a strategy, as well as the linkages established between the economic sectors.
It is concluded that a synergistic development strategy offers the best chances of
promoting a more dynamic, sustainable, and equitable development process for
Latin America.
| Translated title of the contribution | Synergistic development strategy, a challenge for Latin America |
|---|---|
| Original language | Spanish |
| Pages (from-to) | 867-901 |
| Number of pages | 35 |
| Journal | Trimestre Economico |
| Volume | 90 |
| Issue number | 359 |
| DOIs | |
| Publication status | Published - 4 Jul 2023 |
Bibliographical note
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