S-Space Graduate School of International Studies (국제대학원) Dept. of International Studies (국제학과) Journal of International and Area Studies Journal of International and Area Studies vol.21 (2014)
Different Paths of Deindustrialization: Latin American and Southeast Asian Countries from a Comparative Perspective
- Kim, Chong-Sup; Lee, Seungho
- Issue Date
- Institute of International Affairs, Graduate School of International Studies, Seoul National University
- Journal of International and Area Studies, Vol.21 No.2, pp. 65-81
- This paper looks from a comparative perspective at different paths of deindustrialization taken by Latin American and Southeast Asian countries. Using a sample of 112 developing countries over the period between 1990 and 2012, it is analyzed how each deindustrialization source has affected the deindustrialization paths of the two country groups. It is found that, the ‘inverted-U’ relationship between the share of value added by manufacturing in total GDP and per capita income; the continuous downward slope of the inverted-U curve; the Dutch Disease effect; and the emergence of China as a major player in the world trade scene have affected the deindustrialization paths of the two country groups with different timings, speeds, and degrees.
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