Hwang, Hye-Ran; Choung, Jae-Yong - In: Journal of Development Studies 50 (2014) 9, pp. 1240-1260
This paper explores the industrial specialisation of latecomer countries, particularly Korea and Taiwan, which are often referred to as successful catch-up cases. The traditional wisdom is that the 'developmental state', resource leverage, and technological sophistication in an export-oriented...