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This paper argues that the single most important factor that explains East Asia's development success was its fast … the "engine of growth." It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 2 of the paper reviews the role of Asia's developmental states in consciously …
Persistent link: https://www.econbiz.de/10011880565
This paper argues that the single most important factor that explains East Asia's development success was its fast … the “engine of growth.” It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 2 of the paper reviews the role of Asia's developmental states in consciously …
Persistent link: https://www.econbiz.de/10012892052
This paper argues that the single most important factor that explains East Asia's development success was its fast … as the “engine of growth.” It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 1 of the paper documents the extent of structural transformation in developing Asia …
Persistent link: https://www.econbiz.de/10012892054
The People's Republic of China (PRC) has been undergoing marvelous industrialization and manufacturing development in the past decades, which has promoted its fast economic growth and has reached a level of middle-income in recent years. It is widely accepted that the PRC's status as the...
Persistent link: https://www.econbiz.de/10011667026
This paper argues that the single most important factor that explains East Asia's development success was its fast … as the "engine of growth." It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 1 of the paper documents the extent of structural transformation in developing Asia …
Persistent link: https://www.econbiz.de/10011880537
I study the impact of industrial policy on industrial development by considering a canonical intervention. Following a political crisis, South Korea dramatically altered its development strategy with a sector-specific industrial policy: the Heavy and Chemical Industry (HCI) drive, 1973-1979....
Persistent link: https://www.econbiz.de/10013217974
Three major policy regimes, namely import substitution, market liberalization and export promotion have greatly influenced Kenyan industrialization since independence in 1963. Overall, import substitution strategy was successful in establishing some primary industries but led to reduced domestic...
Persistent link: https://www.econbiz.de/10010415867
In this paper we determine the industry 4.0 (I4.0) readiness of eight Central and Eastern European countries (CEECs): Bulgaria, the Czech Republic, Lithuania, Hungary, Poland, Romania, the Slovak Republic and Slovenia. We outline the nature of manufacturing in the region, describe three distinct...
Persistent link: https://www.econbiz.de/10011978455
We argue that the US trade and industry sector has experienced several unsustainable sectoral processes, including (i) a fall in the trade balance in machinery and equipment and high-tech (HT) industries, (ii) a rise in import multipliers in machinery and equipment and HT industries, (iii) a...
Persistent link: https://www.econbiz.de/10014531235
Industrial policies are considered pivotal for fostering green innovation and elevating enterprise development. They offer vital guidance for expediting the evolution of innovation systems, enhancing enterprise green competitiveness, and catalyzing the emergence of new sources of enterprise...
Persistent link: https://www.econbiz.de/10015070964