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Opportunities for third world industrialization : dependency theory and the newly industrializing countries Iyogun, Amanele Fidelia
Abstract
This study is an exploration of dependency theory and the Newly Industrializing Countries (NICs). The issues which are addressed are threefold: 1. An exploration of dependency theory, especially the variant of it that is advocated by Frank, Amin and Wallerstein. These authors have constantly maintained that growth is not possible in the Third World as long as the region is integrated into the world capitalist economy. The NICs, particularly Taiwan and South Korea are testimonies that that assumption is not entirely valid because they are incorporated and have also witnessed impressive economic growth. 2. An examination of the debate over the character of the NICs. An analysis of Taiwan and South Korea shows that they have experienced considerable economic growth. However, there is limited transformation in the standard of life of the citizens. 3. The factors that are responsible for the economic growth of Taiwan and South Korea are hypothesized. These factors are both external and internal to these countries. They are (a) a strongly polarized international ideological atmosphere which made these countries client states of the United States of America, (b) an inflow of massive aid from the U.S to these states and (c) the presence of a strong state apparatus in these countries. The state institutions combined internal creativity with the opportunities provided by the international scene to initiate and implement good strategies for their industrial transformation. The lessons other Third World countries can learn from Taiwan and South Korea is that East and West rivalry can create opportunities for strategic countries in the region of conflict. But the internal dynamics of the countries have to be responsible for seizing the chance and for utilizing it well.
Item Metadata
Title |
Opportunities for third world industrialization : dependency theory and the newly industrializing countries
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Creator | |
Publisher |
University of British Columbia
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Date Issued |
1987
|
Description |
This study is an exploration of dependency theory and the Newly Industrializing
Countries (NICs). The issues which are addressed are threefold:
1. An exploration of dependency theory, especially the variant of it that is
advocated by Frank, Amin and Wallerstein. These authors have constantly
maintained that growth is not possible in the Third World as long as the
region is integrated into the world capitalist economy. The NICs,
particularly Taiwan and South Korea are testimonies that that assumption
is not entirely valid because they are incorporated and have also witnessed
impressive economic growth.
2. An examination of the debate over the character of the NICs. An analysis
of Taiwan and South Korea shows that they have experienced considerable
economic growth. However, there is limited transformation in the standard
of life of the citizens.
3. The factors that are responsible for the economic growth of Taiwan and
South Korea are hypothesized. These factors are both external and internal
to these countries. They are (a) a strongly polarized international ideological
atmosphere which made these countries client states of the United States of
America, (b) an inflow of massive aid from the U.S to these states and (c)
the presence of a strong state apparatus in these countries. The state
institutions combined internal creativity with the opportunities provided by
the international scene to initiate and implement good strategies for their
industrial transformation.
The lessons other Third World countries can learn from Taiwan and South Korea
is that East and West rivalry can create opportunities for strategic countries in
the region of conflict. But the internal dynamics of the countries have to be
responsible for seizing the chance and for utilizing it well.
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Genre | |
Type | |
Language |
eng
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Date Available |
2012-04-16
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Provider |
Vancouver : University of British Columbia Library
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Rights |
For non-commercial purposes only, such as research, private study and education. Additional conditions apply, see Terms of Use https://open.library.ubc.ca/terms_of_use.
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DOI |
10.14288/1.0107104
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URI | |
Degree | |
Program | |
Affiliation | |
Degree Grantor |
University of British Columbia
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Campus | |
Scholarly Level |
Graduate
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Aggregated Source Repository |
DSpace
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Item Media
Item Citations and Data
Rights
For non-commercial purposes only, such as research, private study and education. Additional conditions apply, see Terms of Use https://open.library.ubc.ca/terms_of_use.