Economics in Latin America and Southeast Asia

Paper Summary:

The paper briefly reviews the relationship between economic growth and the development of poorer nations in Latin America and in Southeast Asia. The paper looks at a number of items, such as government administration, labour conditions, and social inequalities and determines that the new economic growth spurt has not benefited the great majority of South Americans or Southeast Asians.

From the Paper:

"Economic growth and national development do not always go together: An examination of Latin America and Southeast Asia It is often said that economic growth fuels socio-economic development in third-world nations. While it seems logical to argue that the creation of wealth will lead to the creation of a healthier and more prosperous society, this is not necessarily the case. In the following pages, some time will be devoted to the checkered impact of economic growth upon governmental administration in Latin America and in Southeast Asia."

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