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Globalization and Development

Why East Asia Surged Ahead and Latin America Fell Behind

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The book analyzes the contrasting developmental trajectories of East Asia and Latin America since the mid-1970s. It highlights the internal factors that have enabled East Asia to successfully leverage globalization's trade, financial, and technological opportunities, in stark contrast to Latin America's struggles. By identifying these key elements, the author provides insights into the reasons behind the differing economic outcomes in these two regions.

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Globalization and Development, Anthony Elson

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2015
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