The Economics of Industrial Development

The Economics of Industrial Development

Author: John Weiss

Publisher: Routledge

Published: 2010-09-13

Total Pages: 406

ISBN-13: 113693684X

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The spread of the manufacturing industry is an important part of economic development, creating jobs, new products and trade and investment links between countries. Understanding this process is an important part of understanding how countries develop and how they are affected by current globalization. The economic geography of the world has been changing significantly in the last few decades with old established industrial centres in the developed countries in decline, and new centres emerging in countries that were once thought of as poor and still developing. However, this process has been very uneven with some parts of the developing world still largely non-industrial. This book aims to explain this process from the perspective of developing countries. It charts current trends in industrial development drawing on available statistics and explores different perspectives on the role the manufacturing industry can play. The book covers topics including: aspects of trade policy as they affect industry the international rules of the World Trade Organisation the network of links between firms in different parts of the world economy. Separate chapters examine: the special role of small firms and of technology in industrialisation government policy towards the encouragement of industry, drawing particularly on the experience of economies in East Asia (the original Asian Tigers) recent developments in China and India and their implications for other countries. The book draws on simple concepts of economic theory but avoids a technical mathematical approach and should be accessible to a wide audience. It extends and updates the author’s earlier work on industrialisation published by Routledge (Industry in Developing Countries, 1990 and Industrialisation and Globalisation, 2002) and aims to present a comprehensive overview of these important contemporary issues. The book is suitable for both undergraduate and graduate level courses, but will also be invaluable to professionals working in development.


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

Published: 2018-08-02

Total Pages: 304

ISBN-13: 9811305684

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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.


Industrial Development in Modern China

Industrial Development in Modern China

Author: Guan Quan

Publisher: Routledge

Published: 2020-12-30

Total Pages: 229

ISBN-13: 1000325822

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This book studies the process of economic and industrial development in the Republic of China (1912-1949), in the hope of shedding light on how China came to be a comparative economic laggard in the period, especially in comparison to Japan. Backed up by extensive industrial statistical data gathered and rigorously analyzed by the author, this book stands out from previous research that has been limited to theoretical inferences and general judgments with scarce empirical evidence. So, far from being a purely historical review of China's industrial development, this book focuses on the internal logic of economic phenomena, especially the relationship among economic variables reflected in economic data, and it offers discussions within the framework of economic development theory. The author uses multivariate statistical analysis to draw comparisons between the industrial development of China and that of Japan, focusing on outbound investment and its importance for economic growth. This book will appeal to academics and general readers interested in the economic development and modern economic history of East Asia, as well as development economics and industrial and technological history.


The Process of Economic Development

The Process of Economic Development

Author: James M. Cypher

Publisher: Psychology Press

Published: 2004

Total Pages: 574

ISBN-13: 9780415254168

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This textbook includes discussions of such topics as the environment, the debt case, export-led industrialization, import substitution industrialization, growth theory and technological capability.


Routledge Handbook of Industry and Development

Routledge Handbook of Industry and Development

Author: John Weiss

Publisher: Routledge

Published: 2015-09-16

Total Pages: 620

ISBN-13: 1136698922

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The Routledge Handbook of Industry and Development is a global overview of industrialisation. Each chapter will provide readers with contemporary insights into this this essential aspect of economic development. Industrialisation has been at the forefront of discussion on economic development since the earliest days of development economics. But over the last fifty years, the manufacturing sectors of different countries and regions have grown at strikingly different rates. In 1960 developing countries took a very small share of global manufacturing production. Today the position had changed radically with fast growth of manufacturing in many parts of what was originally the developing world, particularly in China and the rest of East Asia. On the other hand, countries in Africa and parts of Latin America have been largely left behind by this process of industrialisation. This volume aims to illuminate this uneven development and takes stock of the current issues that hinder and support industrialisation in low and middle income economies. This Handbook is a collection of chapters on different aspects of industrialisation experience in a range of countries. Key themes include, the role of manufacturing in growth, the nature of structural change at different stages of development, the role of manufacturing in employment creation, alternative options for trade and industrial policy, the key role of technology and technical change, and the impact of globalisation and the spread of global value chains and foreign direct investment on prospects for industrialisation. Several chapters discuss individual country experiences with examples from India, Mexico, South Africa and Tanzania, as well as an overview of African industrialisation. This authoritative Handbook will be a key reference source for those studying or wishing to understand contemporary economic development. Offering inspiration and direction for future research, this landmark volume will be of crucial importance to all development economics scholars and researchers.


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."