Development Strategies in East Asia and Latin America

MOHAMED ARIFF Professor and Head of the Department of Analytical Economics, Faculty of Economics and Administration, University of Malaya FERNANDO DE HOLANDA BARBOSA Professor of Economics, Getulio Vargas Foundation Graduate School of Economics CARLOS BUDNEVICH Manager of Financial Analysis, Central Bank of Chile JANE S. JAQUETTE B.H. Orr Professor of the Liberal Arts, Professor of Politics and Chair of the Diplomacy and World Affairs Department, Occidental College ROBERT K. MCCLEERY Visiting Associate Professor, Claremont McKenna College ALEJANDRA MIZALA Associate Professor, Department of Industrial Engineering, University of Chile FELIPE MORANDE Chief Economist, Central Bank of Chile BARBARA STALLINGS Director of the Economic Development Division, United Nations Economic Commission for Latin America and the Caribbean (ECLAC) JAEHO YEOM Associate Professor of Public Administration, Korea University MAHANI ZAINAL-ABIDIN Associate Professor, Department of Applied Economics, Faculty ofEconomics and Administration, University of Malaya.

• List of Figures and Tables Preface Notes on the Contributors Introduction; A.Hosono & N.Saavedra-Rivano PART ONE: CENTRAL THEMES The Roles of State and Market in the Development Process, with Special Reference to the 'East Asian Miracle'; A.Hosono Growth and Equity; N.Saavedra-Rivano Structural Adjustment in East Asia and Latin America: a Selective Literature Review; B.Stallings PART TWO: COUNTRY EXPERIENCES Economic Development: the Brazilian Experience; F.de Holanda Barbosa Two Decades of Economic Policy in Chile; A.Mizala Future Economic Policy Challenges in Chile; C.Budnevich & F.Morande Structural Adjustment and Economic Growth in Mexico; R.McCleery Economic Reform and Government-Business Relations in Korea: Toward an Institutional Approach; J.Yeom Export-led Economic Development: the Malaysian Model; M.Ariff & M.Zainal-Abidin PART THREE: COMPARATIVE ANALYSIS From Promising Beginnings to Divergent Paths: Brazil and Korea; N.Saavedra-Rivano Successful Models of East Asia and LatinAmerica: Malaysia and Chile; A.Hosono Economic Liberalization in One-party Dominant States: Indonesia and Mexico; J.Jaquette Index