Dissatisfied with the broad theories often applied to developing countries and aware that the popular distinction between export-oriented and import-substituting growth explains only some things, Haggard of Harvard digs out the multiple factors that have shaped the industrialization of Korea, Taiwan, Singapore and Hong Kong, and comments more briefly on Mexico and Brazil. He does a first-rate job of taking apart the complex machinery of economics and politics but, not surprisingly, cannot put everything back together again in new sets of theories that cover all these countries. Still, through the process of anatomization, he has made progress and produced a most interesting book.
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