Industrialization and Underdeveloped Countries

Industrialization and Underdeveloped Countries
Author: Alan B. Mountjoy
Publisher: AldineTransaction
Total Pages: 202
Release: 2007
Genre: Business & Economics
ISBN: 0202309983

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.

Pathways to Industrialization in the Twenty-First Century

Pathways to Industrialization in the Twenty-First Century
Author: Adam Szirmai
Publisher: Wider Studies in Development E
Total Pages: 466
Release: 2013-02-28
Genre: Business & Economics
ISBN: 0199667853

This book deals with the importance of industrialization and the development of manufacturing in the economic development process. It focuses specifically on new challenges such as global value chains, the rise of China, climate change, and the role of state versus private sector entrepreneurs in forging appropriate industrial policies.

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.

The Economic Development of the Third World Since 1900

The Economic Development of the Third World Since 1900
Author: Paul Bairoch
Publisher: Univ of California Press
Total Pages: 276
Release: 1977-01-01
Genre: Business & Economics
ISBN: 9780520035546

First published in 1967, Professor Bairoch's Diagnostic de L'Evolution Economique du Tiers-Monde has gone into four editions, and has brought the author an international reputation. This English translation is, in effect, another edition based on the latest French text but incorporating much which is not to be found there. The statistical tables have been revised and expanded wherever possible to include figures up to the end of 1972; the bibliography has been specially adapted to include the literature on the subject in the English language; and two new chapters have been written: Chapter 8 on 'Urbanization' and Chapter 9 on 'The labour force and employment'. It has been Professor Bairoch's aim in this book to examine the development of under-developed countries (including China) during the present century and through the use of comparative statistics to formulate a diagnosis of their growth. His analysis includes, whenever relevant, a comparison between the present economic progress of Third World countries and that of the developed countries at the time of their 'take off'. Special attention has also been given to China's unique path of development.In the course of his research the author has elaborated several new series. The production of these new series and their integration with existing data make this book a valuable quantitative economic history of the Third World.

Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization

Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization
Author: Yi Wen
Publisher: World Scientific
Total Pages: 336
Release: 2016-05-13
Genre: Business & Economics
ISBN: 9814733741

The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.

Industrialization in Sub-Saharan Africa

Industrialization in Sub-Saharan Africa
Author: Kaleb G. Abreha
Publisher: World Bank Publications
Total Pages: 266
Release: 2021-12-18
Genre: Business & Economics
ISBN: 1464817219

Industrialization drives the sustained growth in jobs and productivity that marks the developmental take-off of most developed economies. Yet, academics and policy makers have questioned the role of manufacturing in development for late industrializers, especially ith more job creation. Industrialization drives the sustained growth in jobs and productivity that marks the developmental take-off of most developed economies. Yet, academics and policy makers have questioned the role of manufacturing in development for late industrializers, especially in view of rapid advancements in technologies and restructuring of international trade.Concurrently, industrialization and structural transformation are integral to the African Union’s Agenda 2063 and the development strategies of several countries in Sub-Saharan Africa (SSA). Given this renewed interest in industrialization across the region, a central question is not whether SSA countries should pursue industrialization as a potential path to sustainable growth but how to promote the prospects of industrialization. Industrialization in Sub-Saharan Africa: Seizing Opportunities in Global Value Chains addresses this question by reassessing the prospects for industrialization in SSA countries through integration into global value chains. It also examines the role of policy in enhancing these prospects. The main findings indicate that • SSA has not experienced premature deindustrialization; the region has witnessed substantial growth in manufacturing jobs despite a lack of improvement in the contribution of manufacturing value-added to GDP. • The region’s integration into manufacturing global value chains is reasonably high but it is dominated by exports of primary products and engagement in low-skill tasks. • Global value chain integration has led to job growth, and backward integration is associated with more job creation. The report emphasizes the role of policy in maintaining a competitive market environment, promoting productivity growth, and investing in skills development and enabling sectors such as infrastructure and finance. Policy makers can strengthen the global value chain linkages by (1) increasing the value-added content of current exports, (2) upgrading into high-skill tasks, and (3) creating comparative advantages in knowledge-intensive industries.

Industrial Development Report 2020

Industrial Development Report 2020
Author: United Nations
Publisher:
Total Pages: 228
Release: 2020-01-10
Genre: Political Science
ISBN: 9789211064568

The emergence and diffusion of advanced digital production (ADP) technologies clustered around the fourth industrial revolution (4IR) is radically altering the nature of manufacturing production, increasingly blurring the boundaries between physical and digital production systems. The significant requirements of ADP technologies are opening questions on whether industrialization is still a feasible or even a desirable strategy to achieve economic development. This publication contributes to this debate by presenting fresh analytical and empirical evidence on the future of industrialization in the context of a technological paradigm shift. According to the report, it is by engaging with industrialization that countries can build and strengthen the skills and capabilities needed to compete and succeed within the new technological paradigm.

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.

Trouble in the Making?

Trouble in the Making?
Author: Mary Hallward-Driemeier
Publisher: World Bank Publications
Total Pages: 288
Release: 2017-10-12
Genre: Business & Economics
ISBN: 1464811938

Technology and globalization are threatening manufacturing’s traditional ability to deliver both productivity and jobs at a large scale for unskilled workers. Concerns about widening inequality within and across countries are raising questions about whether interventions are needed and how effective they could be. Trouble in the Making? The Future of Manufacturing-Led Development addresses three questions: - How has the global manufacturing landscape changed and why does this matter for development opportunities? - How are emerging trends in technology and globalization likely to shape the feasibility and desirability of manufacturing-led development in the future? - If low wages are going to be less important in defining competitiveness, how can less industrialized countries make the most of new opportunities that shifting technologies and globalization patterns may bring? The book examines the impacts of new technologies (i.e., the Internet of Things, 3-D printing, and advanced robotics), rising international competition, and increased servicification on manufacturing productivity and employment. The aim is to inform policy choices for countries currently producing and for those seeking to enter new manufacturing markets. Increased polarization is a risk, but the book analyzes ways to go beyond focusing on potential disruptions to position workers, firms, and locations for new opportunities. www.worldbank.org/futureofmanufacturing

The Fourth Industrial Revolution

The Fourth Industrial Revolution
Author: Klaus Schwab
Publisher: Crown Currency
Total Pages: 194
Release: 2017-01-03
Genre: Business & Economics
ISBN: 1524758876

World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.