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Industrial Policy and DevelopmentThe Political Economy of Capabilities Accumulation$
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Mario Cimoli, Giovanni Dosi, and Joseph E. Stiglitz

Print publication date: 2009

Print ISBN-13: 9780199235261

Published to Oxford Scholarship Online: February 2010

DOI: 10.1093/acprof:oso/9780199235261.001.0001

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Flying Geese and Waddling Ducks: The Different Capabilities of East Asia and Latin America to ‘Demand‐Adapt’ and ‘Supply‐Upgrade’ their Export Productive Capacity

Flying Geese and Waddling Ducks: The Different Capabilities of East Asia and Latin America to ‘Demand‐Adapt’ and ‘Supply‐Upgrade’ their Export Productive Capacity

Chapter:
(p.203) 8 Flying Geese and Waddling Ducks: The Different Capabilities of East Asia and Latin America to ‘Demand‐Adapt’ and ‘Supply‐Upgrade’ their Export Productive Capacity
Source:
Industrial Policy and Development
Author(s):

José Gabriel Palma

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199235261.003.0008

This chapter investigates the consequences of different patterns of specialization and export for the long-term growth paths of developing countries (in terms of patterns, pace, and sustainability). A comparison between East Asian and Latin American countries highlights the different potentials for productivity growth and production upgrading of different specialization patterns. It is argued that the latter come together with different internal institutional arrangements and can be influenced by explicit policy measures. The chapter discusses the degrees of freedom that developing countries have in their “choices” of specialization and the underlying political economy.

Keywords:   patterns of specialization, exports, productivity growth, policy management, production patterns

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