A Comparison of Economic Development in Latin America, Middle Eastern Europe and Asia in the 1990s

The 1990s were characterized by severe turbulence in the global economy. Economic and financial crises occurred in Latin America, Middle and Eastern Europe and Asia. This analysis distinguishes between the two socioeconomic criteria "transitional" and "emerging" region. Transitional countries are former centrally planned socialist economies and emerging countries former agricultural-oriented classical developing economies with mostly a history of military or some other kind of autocratic dictatorship. The resources for the analysis are data sets regarding investment, exchange rate behavior, government finance, international liabilities of monetary authorities and inflation. The study reveals macroeconomic patterns associated with economic development in each socioeconomic region. It is shown that similar patterns are responsible for successful and non-successful performance in each region. A comparison of different regions shows many parallels between emerging economies, but only little similarity between transitional economies.

Grantor dc:publisher

University of North Texas

Year dc:date

1999

Author dc:creator

• Marktanner, Marcus

Contributors dc:contributor

• Clower, Terry L.
• Weinstein, Bernard L.

• Latin America -- Economic conditions -- 1982-
• Europe, Central -- Economic conditions -- 20th century.
• Europe, Eastern -- Economic conditions -- 1989-
• Asia -- Economic conditions -- 1945-
• global economy
• transitional regional
• emerging region
• Latin America

Statement dc:rights

• Public
• Copyright
• Marktanner, Marcus
• Copyright is held by the author, unless otherwise noted. All rights reserved.

Language dc:language

English

Identifier

oclc: 42868783
untcat: b2167896
https://digital.library.unt.edu/ark:/67531/metadc2181/
ark: ark:/67531/metadc2181

OAI identifier oai:identifier

info:ark/67531/metadc2181