This paper examines the adjustment policies applied by two East Asian newly industrializing economies, Korea and Taiwan, in the period following the quadrupling of oil prices in 1973. As an introduction to the discussion, the policy performance of the two East Asian economies prior to 1973 is analyzed, comparing their performance to that of three Latin American newly industrializing economies, Argentina, Brazil, and Mexico. This is followed by an...
انظر المزيد
تفاصيل
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1989/9/30
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ورقة عمل خاصة ببحوث السياسات
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WPS280
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1
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1
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2010/7/01
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Adjustment policies in East Asia
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import substitution