In the Dominions of Debt: Historical Perspectives on Dependent Development

The indebted-development strategies of the newly industrializing countries (NICs) have over the last two decades attracted much concern, both practical and scholarly. Herman M. Schwartz here examines a largely ignored historical parallel to the experience of the modern NICs-the formal and informal B...

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1. Verfasser: Schwartz, Herman M. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Ithaca, NY Cornell University Press [2019]
Schriftenreihe:Cornell Studies in Political Economy
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Zusammenfassung:The indebted-development strategies of the newly industrializing countries (NICs) have over the last two decades attracted much concern, both practical and scholarly. Herman M. Schwartz here examines a largely ignored historical parallel to the experience of the modern NICs-the formal and informal British dominions of the late nineteenth century, some of which achieved outstanding growth rates by borrowing abroad to finance agricultural development at home. Arguing that continued dependency is compatible with both development and economic growth, Schwartz offers an innovative reinterpretation of dependency theory in light of the economic development of Australia, Argentina, and New Zealand, and of the development strategies of today's South Korea
Beschreibung:Description based on online resource; title from PDF title page (publisher's Web site, viewed 29. Feb 2020)
Beschreibung:1 online resource (304 pages) 48 tables
ISBN:9781501737770
DOI:10.7591/9781501737770

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