Activity 01
Comparative Case Study: South Korea vs. Mexico -- Two Development Paths
Groups compare South Korea's export-led industrialization from the 1960s through the 1980s with Mexico's mixed experience under import substitution and later NAFTA liberalization. Using a structured comparison matrix covering industrial policy, education investment, exchange rate management, and outcomes, groups identify where paths diverged and discuss: What factors explain the difference in outcomes? Is South Korea's path replicable today?
Evaluate the role of foreign aid in sustainable development.
Facilitation TipDuring the Comparative Case Study, assign clear roles such as researcher, policy analyst, and skeptic to ensure balanced participation.
What to look forPose the question: 'If you were advising a developing nation with limited resources, would you prioritize investment in education or in building new roads? Justify your choice by explaining the potential economic impacts of each.' Facilitate a debate where students defend their chosen priority.