We look at Korea's industrialization strategy and experience from the 1960s to the mid-1990s. Three elements of the Korean industrial development and structural change are discussed: 1) its outward orientation and export push, 2) its climb up the ladder of comparative advantage, and 3) its...

Where Imperialism Could Not Reach examines the impact of the Japanese model of industrialization on China through a history of policy recommendations and economic ideas in practice. In the aftermath of the First Sino-Japanese War (1894–1895), Chinese regional policymakers learned a...

The role of SMEs in economic development has been well recognized. SMEs have been regarded as an important contributor to employment generation and wealth creation in a developing economy. Ironically, however, SMEs have been discriminated against considering a raft of issues. In almost all...