In the Dominions of Debt : : Historical Perspectives on Dependent Development / / Herman M. Schwartz.

• Superior document: Title is part of eBook package: De Gruyter Cornell University Press Archive Pre-2000
• VerfasserIn: Schwartz, Herman M.,
• Place / Publishing House: Ithaca, NY : : Cornell University Press, , [2019]; ©1989
• Year of Publication: 2019
• Language: English
• Series: Cornell Studies in Political Economy
• Physical Description: 1 online resource (304 p.) :; 48 tables
• Other title: Frontmatter --; Contents --; Acknowledgments --; Abbreviations --; Part One: Theory --; Part Two: Cases --; Index
• Format: Mode of access: Internet via World Wide Web.
• ISBN: 9781501737770; 9783110536171
• DOI: 10.7591/9781501737770
• Access: restricted access
• Hierarchical level: Monograph
• Statement of Responsibility: Herman M. Schwartz.

The indebted-development strategies of the newly industrializing countries (NICs) have over the last two decades attracted much concern, both practical and scholarly. Herman M. Schwartz here examines a largely ignored historical parallel to the experience of the modern NICs—the formal and informal British dominions of the late nineteenth century, some of which achieved outstanding growth rates by borrowing abroad to finance agricultural development at home. Arguing that continued dependency is compatible with both development and economic growth, Schwartz offers an innovative reinterpretation of dependency theory in light of the economic development of Australia, Argentina, and New Zealand, and of the development strategies of today's South Korea.