Author profile: James Newman
Development and Geopolitics in East Asia
Whilst the developmental state approach contributed to economic growth in South Korea, it cannot provide a model that can be applied elsewhere.
How did international power relations contribute to the Third World debt crisis?
It’s widely agreed that the Third World Debt crisis began in Mexico in 1982 sparking a chain reaction across Latin America, Africa and Eastern Europe. Domestic factors such as capital flight and corruption played a part but the main cause can be traced to the US and the rise of interest rates in 1979.
