Brazil and South Korea
Economic Crisis and Restructuring
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Brazil and South Korea by Edmund Amann
Book DescriptionThe 1990s saw lower- and middle-income countries throughout the world come under pressure to open their domestic markets to international trade and investment. Despite the progressive implementation of market-friendly policies, many emerging market countries experienced financial market volatility, exchange rate collapse, and slumps in output. These problems profoundly affected two of the world's largest middle-income industrialized countries - Brazil and South Korea. Despite superficial similarities, prior to the onset of crisis both countries had very different models of industrialization and had adopted contrasting approaches to trade and market reform. This collection analyzes the factors underlying the economic crises in South Korea and Brazil, pointing out areas of similarity and divergence. It also reviews the paths of recovery taken by both economies, examining the role of policy and variations in structural characteristics. Contributors include Andre Averburg (United Nations Development Programme/ Banco Nacional de Desenvolvimento Economico e Social, Brazil), Fabio Giambiagi (Banco Nacional de Desenvolvimento Economico e Social), Andrea Goldstein (OECD Development Centre), Louise Haagh (Department of Politics, University of York, USA), Tat Yan Kong (School of Oriental and African Studies, University of London, UK), Jose Ricardo Ramalho (Federal University of Rio de Janeiro, Brazil), Ben Ross Schneider (Center for International and Comparative Studies, Northwestern University, USA), and Jaang-Sup Shin (Department of Economics, National University of Singapore).
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Book DetailsISBN: 9781900039512
(229mm x 152mm x 16mm)
Imprint: Institute for the Study of the Americas
Publisher: Institute for Latin American Studies
Publish Date: 1-Feb-2003
Country of Publication: United Kingdom
Books By Author Edmund Amann
Energy, Bio Fuels and Development, Paperback (November 2013)
This collection examines the important and topical issue of the economic, social and environmental implications of concerted attempts to diversify energy sources away from fossil fuels. The book expertly examines this issue by focusing on the contrasting experiences of two major economies.
Innovative Firms in Emerging Market Countries, Paperback (November 2013)
Based on evidence from Asia and Latin America, this book explores the role of innovative firms in emerging markets, and their contributor to growth, development, and knowledge transfer.
Economic Liberalization and Industrial Performance in Brazil, Hardback (August 2000)» View all books by Edmund Amann
The 1990s have seen the Brazilian economy undergo a wave of liberalization as trade barriers have fallen, privatizations have become implemented, and government procurement has been cut back. This work examines the impact of this on an advanced industrial sector in Latin America's largest economy.
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Author Biography - Edmund Amann
Edmund Amann is a lecturer at the School of Economic Studies, University of Manchester, UK. Ha-Joon Chang is a reader in the Political Economy of Development at the Faculty of Economics, University of Cambridge, UK.
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