It is interesting that as South Korea provides a challenge
to both dependence and neoclassical theory—
the starkest opposites in many ways—Argentina
can be viewed more as a vindication for these two
theories. And whereas South Korea serves more to
confirm linear stages of growth and conclusions
about structural patterns of development, Argentina
poses challenges to their universal importance. Yet
each of these four approaches has added something
vital to our understanding of development experiences
and prospects in just these two countries. South
Korea also illustrates the role of government in overcoming
coordination failures, while Argentina illustrates
how government can become part of a bad
equilibrium, topics explored in depth in the next
chapter. ■