Summary:_ Book examines the developmental trajectories of South Korea, Taiwan, Argentina, Brazil and Mexico, looking to explain why they pursued the development strategies that they did. Two key concepts inform the book: i) historically and structurally situated _development patterns_ – types of prominent industries, orientation of leading industries, major economic actors; and ii) _development strategies_ – “sets of government policies that shape a country’s relationship to the global economy and that affect the domestic allocation of resources among industries and major social groups. Five main economic phases are identified: commodity export, primary import substitution industrialization (ISI), secondary ISI, primary export-oriented industrialization (EOI), and secondary EOI. Working hypothesis: state-led industrialization has been the norm in the NICs since the 1950s.
_None of the book reviews give a very good summary of any argument that the book puts forth.