The Pacific Basin and Latin America

This article analyses three aspects of the economic relations between South-east Asia and Latin America: i) the true extent of the headway made by four newly industrializing Asian economies (NIEs) (the Republic of Korea, Hong Kong, Taiwan and Singapore) and four ASEAN countries (Indonesia, the Philippines, Malaysia and Thailand) in the new Asian economic order; ii) their economic relations -particularly those of the Republic of Korea and Taiwan- with Latin America; and iii) the implications of the Pacific Basin’s new economic profilé in terms of the effort to change production patterns with social equity in Latin America.