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Third World Industrialization in the 1980s: Open Economies in a Closing World

Third World Industrialization in the 1980s: Open Economies in a Closing World

Paperback

Series: Routledge Library Editions: Development

Business GeneralEconomics

ISBN10: 0415851661
ISBN13: 9780415851664
Publisher: Routledge
Published: Mar 28 2013
Pages: 144
Weight: 0.47
Height: 0.31 Width: 6.14 Depth: 9.21
Language: English

First published in 1984, this work explores the issues surrounding the industrialisation of the Third World at the beginning of the 1980s. The expectation that Newly Industrialising Countries would facilitate industrial growth via an outward-orientated strategy had begun to be the combination of growing recession, growing protectionism and the diffusion of radical microelectronics-related technical change. In addition, the high indebtedness of developing countries made them increasingly dependent on assistance from the IMF and IBRD, whose policies increased the tendency towards de-industrialisation.

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