Industrialization in Developing and Peripheral Regions

Industrialization in Developing and Peripheral Regions
Author: F. E. Ian Hamilton
Publisher: Routledge
Total Pages: 278
Release: 2017-09-05
Genre: Business & Economics
ISBN: 1351594559

The ten years before this book was originally published in 1986 saw major restructuring in the economies of the developed world. This was often closely related to industrial development in newly industrializing and third world countries. This book examines the performance of these developing countries and includes studies of 'peripheral regions' – less developed regions within more advanced economies. The overall findings are that whilst some areas and countries have success stories to tell (such as Korea), many so-called newly industrializing countries and regions have had serious problems.

The Newly Industrializing Economies of Asia

The Newly Industrializing Economies of Asia
Author: Manfred Kulessa
Publisher: Springer Science & Business Media
Total Pages: 367
Release: 2012-12-06
Genre: Business & Economics
ISBN: 3642757057

Where development is concerned, our language and perhaps our way of thinking often ap pear somewhat distorted. If anything, the Asian economies with their most impressive and dynamic growth should logically be called developing countries. Instead, we call them threshold countries, newly industrializing countries (NICs) or newly industrializing eco nomies (NIEs), the latter term taking into account the Chinese argument that Hong Kong and Taiwan should not be considered countries. During the eighties, when Latin American NICs became the main victims of the debt crisis, the NIEs of East Asia (EANIEs), the little tigers or dragons, presented most impres sive examples of growth through orientation to world trade, fitting well into the Japanese 'flying-geese' concept. Naturally, questions were raised as to the reasons for this success, the lessons other countries could draw from it, and the outlook for the future. At the same time, the establis hed industrial countries wanted to know what NIE competition might mean for them. In 1988, the OECD published a study entitled "The NIEs -Challenge and Opportunity for OECD Industries". The NIBs had become a fashionable object of research and debate. In Western Europe, where countries are preparing for a period offurtherintegration and East-West cooperation, it seems worth-while to also consider the role ofthe EANIEs and the options for cooperation they represent. Moreover, the NIEs themselves are following development in Europe with some concern and are trying to adjust to the new situation as it emerges.

Pathways from the Periphery

Pathways from the Periphery
Author: Stephan Haggard
Publisher: Cornell University Press
Total Pages: 300
Release: 1990
Genre: Business & Economics
ISBN: 9780801497506

Pathways from the Periphery is an innovative interpretation of the development of the newly industrializing countries (NICs) which now dominate Third World industry and manufacturing trade. While such countries as Brazil and Mexico have achieved industrialization through strategies intended to foster self-reliance, the East Asian NICs--South Korea, Taiwan, Hong Kong, and Singapore--have grown rapidly through an aggressive policy promoting the export of manufactured goods. Stephan Haggard provides the first comprehensive comparison of the politics of industrialization in these East Asian and Latin American countries and offers new evidence on current issues in comparative political economy, including the implications of different growth paths for dependency, equity, and democracy. Recognizing the influence on development strategies of external shocks--such as depression, war, and reduced access to foreign capital--Haggard emphasizes the importance of domestic political institutions for economic decision-making. The East Asian NICs are characterized by close but regulated business-government alliances, weak labor movements, and politically insulated and administratively capable states: factors, Haggard shows, that have facilitated flexible and coherent industrial policies. He argues that "domestic" policy choices can shape the external constraints states face. The author considers in detail why Latin America's long-standing efforts to achieve self-reliance have ironically resulted in a dependence on international capital greater than that of the East Asian countries. Addressing a long-standing debate on the relationship between industrialization strategy and regime type, Haggard carefully assesses the connection between growth and democratic politics. Despite their authoritarian growth models the Asian NICs have, he observes, achieved greater equity than their Latin American counterparts. Although the "success" of export-led growth has in the past been associated with authoritarian rule, Haggard argues that no compelling theoretical reasons preclude democratic governments from achieving strong economic performance. Breaking new ground in theoretical inquiry and empirical research, Pathways from the Periphery will be welcomed by political economists, scholars and students of comparative politics, historians of Asian and Latin American public policy, and others concerned with the challenge of economic development.

Technology, Learning, and Innovation

Technology, Learning, and Innovation
Author: Linsu Kim
Publisher: Cambridge University Press
Total Pages: 396
Release: 2000-07-24
Genre: Business & Economics
ISBN: 9780521779876

In this volume leading scholars analyze in a series of original essays and commentaries how newly industrializing countries (NICs), particularly those in East Asia, have transformed themselves from technologically backward and poor to relatively modern and affluent economies over the past thirty years. The contributors provide interesting theoretical perspectives and offer insights into the process of technological progress at both the macro and micro levels in these countries. The essays review how firms, particularly those in electronics and automobiles, have dynamically accumulated technological capabilities at the micro level, how public policies have shaped the process of technological progress at the national level, and what problems some of these countries face today at both levels. In addition, the volume provides a comparison of East Asian NIC s with their Latin American counterparts. The discussion also offers useful lessons for policies in other developing countries.

Industrialization and Underdeveloped Countries

Industrialization and Underdeveloped Countries
Author: Alan B. Mountjoy
Publisher: Routledge
Total Pages: 202
Release: 2017-07-12
Genre: Business & Economics
ISBN: 1351512706

The volume of relevant research and literature on this topic is growing but originates mainly from economists, sociologists, and political scientists; geographers have been slow to make contributions. One reason may be that geographers have been preoccupied with differentiation within the geography of production whereas this new field directs attention to the geography of consumption and a study of economies. This book aims to focus attention on the complex and inter-related problems--social, economic, political, and geographical--that come with development, placing particular emphasis on the problems which accompany attempts at industrialization. Focusing on the complex and interrelated social, economic, political, and geographic problems that attend under-development, this book presents one of the first contributions from a geographer on what has been called the most important economic problem of the modern world. Contending that industrialization is no answer for under-developed countries that are striving to maintain expanding populations and to strengthen their economy, Alan B. Mountjoy traces the distribution, causes, and problems of under-development and the difficulties with and possibilities for industrialization as an aid in solving those problems. He defines development and under-development, considers problems of industrialization (including environmental and human problems), discusses the forms industrialization takes, and analyzes the progress of industrialization in specific under-developed areas. The unique geographer's perspective and the ability of the author to select aspects of the study that most clearly reflect the problems of under-developed economies make this work a useful text and reference book for students and scholars of development, economic geography, and international relations.

How Nations Succeed: Manufacturing, Trade, Industrial Policy, and Economic Development

How Nations Succeed: Manufacturing, Trade, Industrial Policy, and Economic Development
Author: Murat A. Yülek
Publisher: Springer
Total Pages: 304
Release: 2018-08-02
Genre: Business & Economics
ISBN: 9811305684

This book assesses developmental experience in different countries as well as British expansion following the industrial revolution from a developmental perspective. It explains why some nations are rich and others are poor, and discusses how manufacturing made economies flourish and spur economic development. It explains how today’s governments can design and implement industrial policy, and how they can determine economically strategic sectors to break out of Low and Middle Income Traps. Closely linked to global trade and (im)balances, industrialization was never an accident. Industrialization explains how some countries experience export-led growth and others import-led slowdowns. Many confuse industrialization with the construction of factory buildings rather than a capacity and skill building process through certain stages. Industrial policy helps countries advance through those stages. Explaining technical concepts in understandable terms, the book discusses the capacity and limits of the developmental state in industrialization and in general in economic development, demonstrating how picking-the-winner type focused industrial policy has worked in different countries. It also discusses how industrial policy and science, technology and innovation policies should be sequenced for best results.

At Your Service?

At Your Service?
Author: Gaurav Nayyar
Publisher: World Bank Publications
Total Pages: 364
Release: 2021-10-18
Genre: Business & Economics
ISBN: 1464817103

Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.