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C Kay, 'Why East Asia overtook Latin America: Agrarian reform, industrialisation and development', Third World Quarterly, 22 (6), 2002, pp 1073-1102.
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Ibid, pp 1074-1076. The third factor mentioned by Kay generally falls under the 'state autonomy' line of argument favoured by state-centred institutionalists and has been heavily (and, in our view, convincingly) criticised from very diverse perspectives. See, for example, D Chang, 'Demystifying the developmental state: A critique of the theories and practices of the state in the development of capital relations in Korea', unpublished PhD dissertation, Department of Sociology, University of Warwick, 2003
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Ibid, pp 1074-1076. The third factor mentioned by Kay generally falls under the 'state autonomy' line of argument favoured by state-centred institutionalists and has been heavily (and, in our view, convincingly) criticised from very diverse perspectives. See, for example, D Chang, 'Demystifying the developmental state: A critique of the theories and practices of the state in the development of capital relations in Korea', unpublished PhD dissertation, Department of Sociology, University of Warwick, 2003
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We shall therefore primarily focus on the question of land reform. In the following section, we shall also address the question of the interaction between agriculture and industry
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and K Jayasuriya 'Beyond institutional fetishism: From the developmental to the regulatory state', New Political Economy, 10 (3), 2005, pp 381-387. We shall therefore primarily focus on the question of land reform. In the following section, we shall also address the question of the interaction between agriculture and industry.
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J Teranishi, 'Sectoral resource transfer, conflict, and macrostability in economic development: A comparative analysis', in M Aoki, H-K Kim & M Okuno-Fujiwara (eds), The Role of Government in East Asian Economic Development: Comparative Institutional Analysis, Oxford: Clarendon Press, 1997.
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S Haggard, Byung-kook Kim & Chung-inMoon, 'The transition to export-led growth in South Korea: 1954-1966', Journal of Asian Studies, 50 (4), 1991, p 852.
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B Stallings, 'The role of foreign capital in economic development', in G Gereffi & DL Wyman (eds), Manufacturing Miracles: Paths of Industrialization in Latin America and East Asia, Princeton, NJ: Princeton University Press, 1990, p 59.
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Stallings, B.1
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See, Berkeley, CA: University of California Press, for a classic text from that perspective
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See C Furtado, Development and Underdevelopment, Berkeley, CA: University of California Press, 1964, for a classic text from that perspective.
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Furtado, C.1
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R Barret & S Chin, 'Export oriented industrializing states in the capitalist world system: Similarities and differences', in F Deyo (ed), The Political Economy of Asian Industrialism, Ithaca, NY: Cornell University Press, 1987, p 29.
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H Koo, 'The political economy of income distribution in South Korea: The impact of the state's industrialization policies', World Development 12 (10), 1984, p 1030.
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M Hobday, 'Innovation in Asian industrialization: A Gerschenkronian perspective', Oxford Development Studies, 31 (3), 2003, pp 293-314.
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Hobday, M.1
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Similarly, the comparatively higher absorption of labour was not a presupposition of the East Asian 'success' (as the logic of Kay's argument suggests) but its result. On Korea, seeMHart-Landsberg, The Rush to Development: Economic Change and Political Struggle in South Korea, New York: Monthly Review Press, 1993, p 178.
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Similarly, the comparatively higher absorption of labour was not a presupposition of the East Asian 'success' (as the logic of Kay's argument suggests) but its result. On Korea, seeMHart-Landsberg, The Rush to Development: Economic Change and Political Struggle in South Korea, New York: Monthly Review Press, 1993, p 178.
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See also T Cheng, 'Political regimes and development strategies: Taiwan and South Korea', in Gereffi & Wyman, Manufacturing Miracles, pp 154-157, for a more detailed account of Taiwan's and Korea's failed attempts at ISI deepening.
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See also T Cheng, 'Political regimes and development strategies: Taiwan and South Korea', in Gereffi & Wyman, Manufacturing Miracles, pp 154-157, for a more detailed account of Taiwan's and Korea's failed attempts at ISI deepening.
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B Balassa, 'The lessons of East Asian development: An overview', Economic Development and Cultural Change, 36 (3), 1988, pp 273-290.
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See K Marx, Capital, Vol III, London: Penguin, 1981, pp 938-950, for the case of small agrarian capitals
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Marx, K.1
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67650375127
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for the generalisation of this determination to all productive capitals
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and Iñigo Carrera, El Capital, pp 121-136, for the generalisation of this determination to all productive capitals.
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D Bryceson, C Kay & J Mooij eds, London: Intermediate Technology Publications
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C Kay, 'Latin America's agrarian transformation, peasantization and proletarianization', in D Bryceson, C Kay & J Mooij (eds), Disappearing Peasantries? Rural Labour in Africa, Asia and Latin America London: Intermediate Technology Publications, 2000.
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In Brazil rural wages were considerably below urban ones before the promulgation of the Rural Workers Bill in 1963. During the 1940s and 1950s the mass of value transferred out of the primary sector constituted an average of 44% of total profits in the economy, a figure which seems far in excess of the extraordinary surplus-value that could have been generated through the payment of the rural labour-force below its value. See N Grinberg, From the economic miracle to the lost decade: Intersectoral transfers and external credit in the Brazilian economy, Revista de Economia Politca, 28 2, 2008, pp 291-311
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In Brazil rural wages were considerably below urban ones before the promulgation of the Rural Workers Bill in 1963. During the 1940s and 1950s the mass of value transferred out of the primary sector constituted an average of 44% of total profits in the economy, a figure which seems far in excess of the extraordinary surplus-value that could have been generated through the payment of the rural labour-force below its value. See N Grinberg, 'From the "economic miracle" to the "lost decade": Intersectoral transfers and external credit in the Brazilian economy', Revista de Economia Politca, 28 (2), 2008, pp 291-311.
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41
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67650366057
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In some Latin American countries agrarian ground-rent was complemented or even overshadowed by the magnitude of mining or energy-sources rents the cases of copper in Chile or oil in Venezuela are paradigmatic in this respect
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In some Latin American countries agrarian ground-rent was complemented or even overshadowed by the magnitude of mining or energy-sources rents (the cases of copper in Chile or oil in Venezuela are paradigmatic in this respect).
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E Lee, 'Egalitarian farming and rural development: The case of South Korea', World Development, 7 (4-5), 1979, p 514
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See F Deyo, 'Economic policy and the popular sector', in Gereffi & Wyman, Manufacturing Miracles: Paths of Industrialization in Latin America and East Asia, Princeton, NJ: Princeton University Press, 1990.
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See F Deyo, 'Economic policy and the popular sector', in Gereffi & Wyman, Manufacturing Miracles: Paths of Industrialization in Latin America and East Asia, Princeton, NJ: Princeton University Press, 1990.
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48
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and, especially, B Cumings, 'The abortive abertura: Korean democratization in the light of the Latin American experience', New Left Review, 174, pp 5-32, for an interesting cross-regional contrast of political regimes.
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and, especially, B Cumings, 'The abortive abertura: Korean democratization in the light of the Latin American experience', New Left Review, 174, pp 5-32, for an interesting cross-regional contrast of political regimes.
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49
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67650411683
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This magnitude is determined by the price of raw materials on the world market, the quantity of their output and the difference between the local natural conditions and those in the world's marginal lands
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This magnitude is determined by the price of raw materials on the world market, the quantity of their output and the difference between the local natural conditions and those in the world's marginal lands.
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R Albritton et al eds, Basingstoke: Palgrave
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S Clarke, 'Class struggle and the global overaccumulation of capital', in R Albritton et al (eds), Phases of Capitalist Development: Booms, Crises, Globalizations, Basingstoke: Palgrave, 2001.
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That is, in the forms taken by the reduction of social labour-time for the reproduction of the class of wage-labourers through the increase in the productivity of labour. See
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That is, in the forms taken by the reduction of social labour-time for the reproduction of the class of wage-labourers through the increase in the productivity of labour. See Iñigo Carrera, El Capital.
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Later on, but only as a concrete development of this initial simplest form of the NIDL, capital managed to disperse certain more complex parts of the labour-process
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Later on, but only as a concrete development of this initial simplest form of the NIDL, capital managed to disperse certain more complex parts of the labour-process.
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This has been a result of the objective conditions for the valorisation of capital and not, as Kay claims, of the subjective 'rentier mentality' of Latin American industrialists. See Kay, Why East Asia overtook Latin America, p 1087. Otherwise it would be impossible to explain why the same TNCs that were demanding trade liberalisation in other parts of the world begged for protectionism in Latin America
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This has been a result of the objective conditions for the valorisation of capital and not, as Kay claims, of the subjective 'rentier mentality' of Latin American industrialists. See Kay, 'Why East Asia overtook Latin America', p 1087. Otherwise it would be impossible to explain why the same TNCs that were demanding trade liberalisation in other parts of the world begged for protectionism in Latin America.
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