In This Review

The Newly Industrialized Countries: Trade and Adjustment
The Newly Industrialized Countries: Trade and Adjustment
By Louis Turner and Neil McMullen
Allen & Unwin (for the Royal Institute of International Affairs, London, 1982, 290 pp

Five industries, eight developing countries, and the manufactures they export to North America and Western Europe provide the material for this detailed, systematic study by collaborators in several countries. There is much valuable material, but the best work concerns different methods of adjustment (and the resistance to it) in the old producing centers and in the world economy as a whole.

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