Economic Development, Education and Transnational Corporations

About this book

In the early 1960s, Mexico and South Korea were both equally undeveloped agrarian societies. The development strategies used by each country resulted in dramatically different results, with South Korea by the turn of the century having one of the best educational systems in the world and being a world-class producer of high tech products. Mexico, however, was still graduating less than half of its secondary school-age students and bogged down in assembling products owned by foreign corporations. Mark Hanson's incisive new monograph concentrates on comparing and contrasting these countries and answering the wider question of why some Third World nations have developed economically and educationally significantly faster than others. This book will be of interest to policy makers and academics looking for ways to accelerate development rates in Third World countries, as well as students and researchers engaged with comparative international development, globalization and industrialization.