Economic Analysis of Industrial Agglomeration
Economic Analysis of Industrial Agglomeration

Author: Jian Wang

Publisher: Springer

Published: 2017-12-29

Total Pages: 105

ISBN-13: 9811074372

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This book investigates the industrial agglomeration and dispersion within a country under trade liberalization and interregional integration by considering both economic forces and geographical elements. Chapter 1 gives a brief introduction about the background, research topics and organizations in this book. Chapter 2 provides a detailed explanation of Krugman’s new economic geography (NEG) model and reviews the subsequent refinements of the original model from mainly geographical viewpoints. Chapter 3 extends Krugman’s original model to a two-country and three-region case where the domestic regions are fully asymmetrical in terms of their sizes and accessibilities to global markets. To better explain the reality of developing countries, chapter 4 presents an analytical model which assumes that unskilled workers are employed in both traditional and manufacturing sectors. Chapter 5 empirically investigates the home market effect (HME) in terms of wages in the case of China by using panel data for the period 1980–2012. Chapter 6 gives a summary and implication about the findings and conclusions in this book.

Human Capital and Development
Human Capital and Development

Author: Ju-Ho Lee

Publisher: Edward Elgar Publishing

Published:

Total Pages: 431

ISBN-13: 1786436973

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During recent decades, Korea has been one of only a handful of countries that have made the successful transformation to become a developed nation by simultaneously achieving persistent economic growth combined with a democratic political system. Experts and political leaders worldwide have attributed this achievement to investments in people or, in other words, the power of education. Whilst numerous books have highlighted the role of industrial policies, technological growth, and international trade in Korea’s development process, this is one of the first to focus on the role of human capital. It shows how the accumulation of human capital aided transformation and helps explain the policies, strategies and challenges that Korea faces now and in the future.

Urbanization and Growth
Urbanization and Growth

Author: Michael Spence

Publisher: World Bank Publications

Published: 2008-11-26

Total Pages: 290

ISBN-13: 0821375741

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Why is productivity higher in cities? Does urbanization cause growth or does growth cause urbanization? Do countries achieve rapid growth or high incomes without urbanization? How can policy makers reap the benefits of urbanization without paying too high a cost? Does supporting urbanization imply neglecting rural areas? Why do so few governments welcome urbanization? What should governments do to improve housing conditions in cities as they urbanize? Are innovations in housing finance a blessing or a curse for developing countries? How will governments finance the trillions of dollars of infrastructure spending needed for cities in developing countries? First in a series of thematic volumes, this book was prepared for the Commission on Growth and Development to evaluate the state of knowledge of the relationship between urbanization and economic growth. It does not pretend to provide all the answers, but it does identify insights and policy levers to help countries make urbanization work as part of a national growth strategy. It examines a variety of topics: the relevance and policy implications of recent advances in urban economics for developing countries, the role of economic geography in global economic trends and trade patterns, the impacts of urbanization on spatial inequality within countries, and alternative approaches to financing the substantial infrastructure investments required in developing-country cities. Written by prominent academics in their fields, Urbanization and Growth seeks to create a better understanding of the role of urbanization in growth and to inform policy makers tackling the formidable challenges it poses.

Re-Inventing Africa's Development
Re-Inventing Africa's Development

Author: Jong-Dae Park

Publisher: Springer

Published: 2018-12-31

Total Pages: 456

ISBN-13: 3030039463

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This open access book analyses the development problems of sub-Sahara Africa (SSA) from the eyes of a Korean diplomat with knowledge of the economic growth Korea has experienced in recent decades. The author argues that Africa's development challenges are not due to a lack of resources but a lack of management, presenting an alternative to the traditional view that Africa's problems are caused by a lack of leadership. In exploring an approach based on mind-set and nation-building, rather than unity – which tends to promote individual or party interests rather than the broader country or national interests – the author suggests new solutions for SSA's economic growth, inspired by Korea's successful economic growth model much of which is focused on industrialisation. This book will be of interest to researchers, policymakers, NGOs and governmental bodies in economics, development and politics studying Africa's economic development, and Korea's economic growth model.

Korean Economic Development
Korean Economic Development

Author: Jene Kwon

Publisher: Praeger

Published: 1990-08-28

Total Pages: 488

ISBN-13:

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Over the past three decades, South Korea's economic performance has bordered on a miracle. Few economies have achieved such spectacular growth in such a short period of time. Korea's development process provides a sharp contrast to the lackluster growth experienced by many other developing economies and represents several unique characteristics even in comparison with its neighbors Japan and Taiwan. At the same time, certain aspects of its development remain minor mysteries requiring further examination and scrutiny. At the very least, the meteoric rise of a small economy and its people to international prominence after centuries of obscurity, disenfranchisement,and privation, deserves careful investigation and worldwide attention. This collection of 24 original essays focuses on the economic policies that led to the rapid transformation of the Korean economy. Among the salient features of the Korean experience dealt with by the contributors are development policies and the record of development; export policies--exchange rate, import liberalization, factor price distortions, and changing comparative advantage; production technology and total factor productivity; macroeconomic perspectives; conglomeration, business concentration and management practices; income distribution and labor issues, and urban and regional policies. Throughout the book, the role of the government in the development process and the dominance of large businesses in the economic sphere are analyzed extensively. In seeking to trace the relationships among various economic factors and to provide some insight into the process of economic development, this volume marshalls a considerable array of statistics and institutional descriptions as a background for analysis. This book will be welcomed by those studying economic development in general and the East Asian economy in particular as well as by those currently engaged in dealing with Korea.