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Brazil and South Korea

Brazil and South Korea
Author: Edmund Amann
Publisher: University of London Press
Total Pages: 274
Release: 2004
Genre: Business & Economics
ISBN:

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The 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 André Averburg (United Nations Development Programme/ Banco Nacional de Desenvolvimento Econômico e Social, Brazil), Fabio Giambiagi (Banco Nacional de Desenvolvimento Econômico e Social), Andrea Goldstein (OECD Development Centre), Louise Haagh (Department of Politics, University of York), Tat Yan Kong (School of Oriental and African Studies, University of London), José Ricardo Ramalho (Federal University of Rio de Janeiro, Brazil), Ben Ross Schneider (Center for International and Comparative Studies, Northwestern University), and Jaang-Sup Shin (Department of Economics, National University of Singapore).


Industrialization, Trade and Market Failures

Industrialization, Trade and Market Failures
Author: Mauricio Mesquita Moreira
Publisher: Springer
Total Pages: 242
Release: 1995-01-12
Genre: Business & Economics
ISBN: 1349236985

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This book challenges the established, neoclassical view of industrial success in developing countries. By re-examining the role of government intervention in the industrialization of Brazil and South Korea, it seeks to show that the key to industrial success does not lie in a simple combination of outward-orientation and laissez-faire, but in the government's success in remedying crucial market failures in the product and factor markets.


Travail d'Hercule

Travail d'Hercule
Author:
Publisher:
Total Pages: 2
Release: 1907
Genre:
ISBN:

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Global Pulls on the Korean Communities in Sao Paulo and Buenos Aires

Global Pulls on the Korean Communities in Sao Paulo and Buenos Aires
Author: Won K. Yoon
Publisher: Lexington Books
Total Pages: 217
Release: 2015-06-10
Genre: History
ISBN: 149850843X

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The Korean communities in Sao Paulo and Buenos Aires were the first overseas Korean communities that the new Republic of Korea initiated and supported. The initiative was taken to relieve the economic suffering of the poverty-stricken country in the 1960s. Among South American countries that were open to Korean immigrants, Brazil and Argentina attracted the most, which included even undocumented Korean migrants from neighboring countries. The two Korean communities (about 45,000 people in Sao Paulo and 20,000 in Buenos Aires) represent almost two thirds of the Korean residents in Latin America. Over the years, global forces emanating mainly from East Asia, North America, and South America have affected the Korean communities. The intensity and directions of the triangular pulls and pushes have varied, reflecting changing global socioeconomic conditions. This has created tension and ambiguity among the Korean migrant and host communities. Looking at the two communities comparatively, the focus will be on the effects of the global pulls on Korean identity formation, community development patterns, integration efforts, social mobility, education for children, remigration, return migration, and relationships with the host communities. Wherever applicable, the experiences of Korean communities are compared with that of other East Asian communities, namely the Chinese and Japanese in Latin America.


States, Politics, and Economic Strategies

States, Politics, and Economic Strategies
Author: Jin-Young Chung
Publisher:
Total Pages: 894
Release: 1990
Genre: Brazil
ISBN:

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This is a comparative historical study of the development experiences of South Korea and Brazil during periods of military authoritarian rule. The two countries were under military rule during comparable periods of time: South Korea, 1961-88 and Brazil, 1964-85. The years under study are divided into three sub-periods: before the first oil crisis, between the two oil crises, and after the second oil crisis. Military authoritarians in the two countries tried to achieve rapid economic growth in the context of political stability. They met, however, with various internal and external obstacles and challenges. This dissertation asks how South Korea and Brazil responded and reacted, politically and economically, to changing domestic and external conditions, with what consequences, and why. In order to answer these questions, this dissertation identifies political economy models that were established in the two countries in the three succeeding sub-periods by describing and explaining how state authority, political dynamics, and economic strategies were interrelated and interacted. The possibilities and limits of the models are also discussed. This dissertation argues that the emergence of a state which is autonomous from major socio-political groupings and industrial classes and administratively and financially capable is a necessary condition for sustained Third World development. Contrary to existing neo-Marxist and statist arguments about the state, Third World states are often neither autonomous nor capable. Rather, the lack of autonomy and/or capacity is the fundamental source of many serious problems in the process of Third World development. Thus it is pointed out that one has to examine the nature of a specific state, instead of assuming state autonomy and capacity, if one really wants to "take the state seriously" in the explanation of political dynamics and developmental trajectories. This dissertation also points out that military authoritarian rule does not necessarily increase state autonomy and capacity but tends to reduce the social, political, and institutional bases of state autonomy and capacity, jeopardizing the long-term prospects for sound national development.