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African countries are facing great opportunities but also formidable challenges in accelerating economic growth and sustaining a high level of economic performance. The experiences of East Asian countries may offer valuable insights for African leaders and governments in making concerted efforts...
Persistent link: https://www.econbiz.de/10010438054
Industrial transformation of Asia arguably constitutes the most surprising and dramatic change in the global economy in … selected national industrial policies that promoted structural transformation in developing Asia during the period. In the …
Persistent link: https://www.econbiz.de/10011913493
The role of institutions in Asian development has been intensely contested since Myrdal's Asian Drama, with later contributions from institutional economics and developmental state theory. Despite much progress, the dominant approaches do not agree about the institutions that matter nor do they...
Persistent link: https://www.econbiz.de/10011922086
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
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
This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform waves that followed the deterioration of SOE profitability...
Persistent link: https://www.econbiz.de/10012026451
Since the late 1970s, the Chinese government has been undertaking major efforts in developing their countries economy by means of industrial policy. However, a more narrow approach to industrial policy has been pursued only since 2010, with the initiation of the 'Strategic Emerging Industries'...
Persistent link: https://www.econbiz.de/10014327490
With recent changes in the global economy, policy makers are increasingly turning from global value chains to regional and national value chains as drivers of structural transformation in the global South. This paper examines economic and social upgrading in the Tanzanian textile and apparel...
Persistent link: https://www.econbiz.de/10012251885
This paper explores the potential to leverage large-scale mineral extraction in Botswana, Zambia, and Zimbabwe to foster mineral beneficiation and upstream industries. The evidence suggests that the success or failure of a resource-based industrialization approach is country and sector specific,...
Persistent link: https://www.econbiz.de/10011489267