Asia's Next Giant: South Korea and Late IndustrializationOxford University Press, 1989 M09 7 - 400 pages South Korea has been quietly growing into a major economic force that is even challenging some Japanese industries. This timely book examines South Korean growth as an example of "late industrialization," a process in which a nation's industries learn from earlier innovator nations, rather than innovate themselves. Discussing state intervention, shop floor management, and big business groups, Amsden explores the reasons for South Korea's phenomenal growth, paying special attention to the principle of reciprocity in which the government imposes strict performance standards on those industries and companies that it aids. She thereby shows how South Korea, Japan, and Taiwan were able to grow faster than other emerging nations such as Brazil, Turkey, India, and Mexico. With its new insights, Asia's Next Giant is essential reading for anyone concerned with global competition and the world economy. |
Contents
| 3 | |
The State and Business History and Policies | 25 |
Professional Management and Human Resources | 157 |
The Dynamics of Dynamic Comparative Advantage | 241 |
Epilogue | 327 |
Bibliography | 331 |
| 353 | |
| 359 | |
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Asia's Next Giant:South Korea and Late Industrialization: South Korea and ... Alice H. Amsden No preview available - 1989 |
Common terms and phrases
automobile average Bank of Korea basis capability capacity capital cement chaebol Chapter Cheil comparative advantage compete competition costs cotton textiles diversified business group domestic Economic Planning Board engineers equipment exchange rate expansion exports firms foreign technical assistance Germany growth rate Harvard Business School heavy industry HHI's Hyundai Hyundai group Hyundai Heavy Industries import innovation Institute investment Japan Korean government Korean industrialization labor late industrialization late-industrializing countries learners learning learning-by-doing machinery managerial manufacturing modern industrial enterprise operations output Park Chung Hee Percent period plant Pohang political POSCO production ratio real wages relatively salaried managers Samsung group sector Seoul Seoul National University share ship shipbuilding skills Source South Korea spinning and weaving steel steel-making subcontracting subsidies suppliers Table Taiwan technology transfer textiles industry trade United wage increases workers World Bank