Established business groups may seek to cartelize, fixingprices and barring competition. 3 7). In fact, numerous social actors have an interest in shieldingthemselves from market forces, or in positioning themselves to captureeconomic rents. Thiswas nearly the opposite strategy to that adopted by Latin Americancountries in the 193 s, when their access to foreign exchange was
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South Korea is one of the world's fastest growing economic regions, a rapidly growing nation in the heart of South East Asia. The latest worldwide breakthrough of Korean companies into the global market is a phenomenon many scholars
"Theeffectiveness of the Asian NICs depends on sophisticated industrialpolicies and selective protectionism, but, because of the extremely diverseinstitutions and policies of the Asian NICs, a common 'Asian system' cannotbe denominated" (Mommen, 1996, p. What matters is that pragmatism seems on the whole tohave paid off in better results than has ideological consistancy. Such a drop-off
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& politics, export-industrialization vs. import-substitution economies, leadership, foreign investment, dependency theory....
30 December 2014. Author: Criticism
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