Internal and External Constraints of Export Oriented Growth Strategy

Datos Bibliográficos

ID6093471
AutoresGülten Kazgan (Istanbul University, autor de correspondencia)
Año1989
Volumen3
Páginas59-81
Fecha de publicación1989-01-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaNew Perspectives on Turkey (JOURNAL)
Identificadores de la revistaISSN: 0896-6346 • E-ISSN: 1305-3299
EditorialAntiquity Publications (PUBLISHER)
DOI10.15184/s0896634600000728
OpenAlexW2283913934
IdiomaEN
Citas recibidas1
Referencias citadas10

The rapid industrial growth accompanied by even more rapid export growth of such Far East economies as South Korea, Hong Kong, Singapore and Taiwan has drawn due attention from students of economic development. Economists with a Neo-classical ideological stance, favoring a perfectly free market economy, tend to attribute the industrial growth of these LDCs to the phenomenal increase in their exports. They argue that export expansion will be conducive to growth and the problems that might arise on the way will be taken care of by market forces. They identify the export sector of the economy as the “leading sector” and label the growth strategy patterned after this model as “export-oriented growth.” Over the last decade this growth strategy has been effectively “recommended” to a large number of LDCs facing debt servicing difficulties

Business · Debt · Economic system · Economics · Growth model · Ideology · International economics · International trade · Macroeconomics · Market economy · Political science · Global Financial Crisis and Policies · Socioeconomic Development in Asia