Industrial Development in Singapore, Taiwan, and South Korea
Industrial Development in Singapore, Taiwan, and South Korea

Author: Kai-Sun Kwong

Publisher: World Scientific

Published: 2001

Total Pages: 287

ISBN-13: 9812810064

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Economic analysis of the industrial experiences of the newly industrialized economies in Asia is generally lacking in the literature. This study attempts to fill that void by providing an in-depth discussion on the economic impact of the industrial policies of Singapore, Taiwan, and South Korea in the three-and-a-half decades after 1960. Throughout the study, a broad perspective of macroeconomic development is maintained. It is highly critical of the narrow-minded objective of certain governments in maximizing the pace of industrialization at the expense of general economic well-being. A comparative analysis of the industrial experiences of the three economies also shows a diversity of constraints and processes. Singapore relied on multinational corporations, Taiwan on returned engineers, and South Korea on chaebols. There appears to be no Asian formula for industrialization. In Hong Kong, there is an ongoing debate on whether some form of industrial policy should be introduced, in view of the perception that Hong Kong is lagging behind the other economies in terms of technology. Drawing on the experiences of the other economies, the concluding chapter of the book provides an informed and balanced answer to this question. Contents: Singapore: Dominance of Multinational Corporations; Taiwan: Thriving High-Technology Industries and SME; South Korea: Government-Led Development and the Dominance of Giant Corporations; Comparison Among Singapore, Taiwan, and South Korea; Strategic Considerations in the Hong Kong Context. Readership: Researchers, policy-makers and undergraduates in economics and East Asian Studies.

Industrial Development in East Asia
Industrial Development in East Asia

Author: Kucik Ali Akkemik

Publisher: World Scientific

Published: 2009

Total Pages: 346

ISBN-13: 9812832807

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This book presents a broad descriptive and quantitative evaluation of industrial policies in four East Asian economies OCo Japan, Korea, Taiwan, and Singapore OCo with a special focus on Singapore. The book offers a comprehensive overview of the discussions on the concept of industrial policy within the East Asian context and quantitative assessments of these policies through productivity analyses and CGE modeling, especially where Singapore is concerned. It demonstrates evidence for the positive role of industrial policies and government activism in welfare improvements and industrial development."

Economic Development of Emerging East Asia
Economic Development of Emerging East Asia

Author: Frank S.T. Hsiao

Publisher: Anthem Press

Published: 2017-09-27

Total Pages: 385

ISBN-13: 1783086890

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Economic Development of Emerging East Asia presents economic studies of Taiwan and South Korea, compares them chiefly with Japan and the United States and finds that these East Asian countries are still in the process of emerging in the world economy. A timely quantitative and econometric analysis of the regional economies of emerging East Asia, the volume examines development indicators, effects of the 1997 Asian financial crisis, productivity growth, catching up and convergence of long run real GDP per capita growth, the time required for a country to catch up, colonialism and economic development in Taiwan and India. Arranged in increasing complexity of economic analyses, the chapters in this book provide a comprehensive understanding of emerging East Asian economies. In addition to serving as a handy reference for regional economists, policy analysts and researchers, Economic Development of Emerging East Asia can also be used as a textbook on economics and business.

Developmental State Building
Developmental State Building

Author: Yusuke Takagi

Publisher: Springer

Published: 2019-01-18

Total Pages: 200

ISBN-13: 9811329044

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This open access book modifies and revitalizes the concept of the ‘developmental state’ to understand the politics of emerging economy through nuanced analysis on the roles of human agency in the context of structural transformation. In other words, there is a revived interest in the ‘developmental state’ concept. The nature of the ‘emerging state’ is characterized by its attitude toward economic development and industrialization. Emerging states have engaged in the promotion of agriculture, trade, and industry and played a transformative role to pursue a certain path of economic development. Their success has cast doubt about the principle of laissez faire among the people in the developing world. This doubt, together with the progress of democratization, has prompted policymakers to discover when and how economic policies should deviate from laissez faire, what prevents political leaders and state institutions from being captured by vested interests, and what induce them to drive economic development. This book offers both historical and contemporary case studies from Japan, South Korea, Taiwan, Singapore, Indonesia, Malaysia, Myanmar, Ethiopia, Kenya, and Rwanda. They illustrate how institutions are designed to be developmental, how political coalitions are formed to be growth-oriented, and how technocratic agencies are embedded in a network of business organizations as a part of their efforts for state building.

The Political Economy of the New Asian Industrialism
The Political Economy of the New Asian Industrialism

Author: Frederic C. Deyo

Publisher: Cornell University Press

Published: 1987

Total Pages: 260

ISBN-13: 9780801494499

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"Despite the otherworldly situations he's gotten into, Keiichi's everyday joy is still found as an engineer and mechanic. And as Chihiro's training retreat by the seashore continues, the two of them put that shared passion into practice by building two bikes based on different philosophies, with the help of her old high-school friends Eri and Tasuga--plus (or maybe minus) the 'help' of Urd and Skuld!"--p.[4] of cover.

Capitalist Development and Economism in East Asia
Capitalist Development and Economism in East Asia

Author: Kui-Wai Li

Publisher: Routledge

Published: 2003-08-29

Total Pages: 316

ISBN-13: 1134492707

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The author challenges current literature by providing an analysis of the differing views of Asian economic development, and providing an innovative alternative conceptual framework for the understanding of the Asian 'dragon' economies Takes a longer term view of the countries' economic development than many of the books on the Asian crisis Will be of importance to all interested in modern economic development - as well as Japan and East Asia, it should have a strong market in the US and Australia

Industrial Development In Singapore, Taiwan, & South Korea
Industrial Development In Singapore, Taiwan, & South Korea

Author: Leung-chuen Chau

Publisher: World Scientific

Published: 2001-09-04

Total Pages: 287

ISBN-13: 9814491004

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Economic analysis of the industrial experiences of the newly industrialized economies in Asia is generally lacking in the literature. This study attempts to fill that void by providing an in-depth discussion on the economic impact of the industrial policies of Singapore, Taiwan, and South Korea in the three-and-a-half decades after 1960.Throughout the study, a broad perspective of macroeconomic development is maintained. It is highly critical of the narrow-minded objective of certain governments in maximizing the pace of industrialization at the expense of general economic well-being.A comparative analysis of the industrial experiences of the three economies also shows a diversity of constraints and processes. Singapore relied on multinational corporations, Taiwan on returned engineers, and South Korea on chaebols. There appears to be no Asian formula for industrialization.In Hong Kong, there is an ongoing debate on whether some form of industrial policy should be introduced, in view of the perception that Hong Kong is lagging behind the other economies in terms of technology. Drawing on the experiences of the other economies, the concluding chapter of the book provides an informed and balanced answer to this question.

The Foreign Economic Policies of Singapore, South Korea, and Taiwan
The Foreign Economic Policies of Singapore, South Korea, and Taiwan

Author: Christopher M. Dent

Publisher: Edward Elgar Publishing

Published: 2002

Total Pages: 360

ISBN-13:

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Dent (Southeast and East Asian economy, U. of Hull, UK) comparatively studies the newly industrialized economies of East Asia, arguing that the foreign economic policies of all the governments is motivated by a search for economic security. The basis of his study is a collection of interviews 156 with government, business, and NGO actors, in which he questions not only technical aspects and recent events of policy, but also changes in underpinning ideologies, values and ideas, and contesting influences of political and economic actors. While significant differences are found, Dent contends that the common developmental context of the three actors is a situation of developmental statism and semi-peripheralization. Annotation copyrighted by Book News, Inc., Portland, OR

The Political Economy of Developmental States in East Asia
The Political Economy of Developmental States in East Asia

Author: Tian He

Publisher: Springer Nature

Published: 2020-11-13

Total Pages: 238

ISBN-13: 3030593576

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This book explores the variations in the transformation of the Asian developmental state in South Korea, Singapore, and Taiwan. Based on an original theory, the author argues that these variations are influenced by two factors: industrial structure and democratic transition, both of which are shaped by the strategic calculations of the ruling elites to maintain power. The theory concerns two concurrent political processes during the state’s development process, namely the emergence of economic interest groups with varying levels of policy constraints on the state; and the process of democratic transition driven by the rise of the middle class. The book will appeal to students and researchers in the fields of Asian politics, development studies, political economy and comparative politics.

Manufacturing Miracles
Manufacturing Miracles

Author: Gary Gereffi

Publisher: Princeton University Press

Published: 2014-07-14

Total Pages: 433

ISBN-13: 1400862035

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Few observers of Mexico and Brazil in the 1930s, or South Korea and Taiwan in the mid-1950s, would have predicted that these nations would become economic "miracles" several decades later. These newly industrializing countries (NICs) challenge much of our conventional wisdom about economic development and raise important questions about international competitiveness and export success in manufacturing industries. In this volume economists, sociologists, and political scientists seek to explain the growth of the NICs in Latin America and East Asia and to reformulate contemporary development theory through an in-depth analysis of these two dynamic regions. Gary Gereffi and Colin I. Bradford, Jr., provide an overview of national development trajectories in Latin America and East Asia, while Barbara Stallings, Gereffi, Robert R. Kaufman, Tun-jen Cheng, and Frederic C. Deyo discuss the role of foreign capital, governments, and domestic coalitions in shaping development outcomes. Gustav Ranis, Robert Wade, Chi Schive, and Ren Villarreal look at the impact of economic policies on industrial performance, and Fernando Fajnzylber, Ronald Dore, and Christopher Ellison with Gereffi examine new agendas for comparative development research. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.