Industry Policy in Taiwan and Korea in the 1980s

Industry Policy in Taiwan and Korea in the 1980s PDF Author: Heather Smith
Publisher: Edward Elgar Publishing
ISBN: 9781782543572
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
'This is a very good piece of research. As a book, it is important because it focuses on important conceptual and empirical issues, namely the role of government and industrial policy in promoting rapid economic growth; and particularly the case of Taiwan as an exemplar of rapid industrial development. The author convincingly refutes the view that sector-specific industrial policy was an important source of Taiwan's rapid industrial growth in the 1980s.' - Hugh T. Patrick, Columbia University, US 'Dr Smith takes Taiwan and Korea as case studies to address fundamental questions concerning the rapid growth and subsequent financial crisis in East Asia: * were the Taiwan and Korean governments interventionist in the 1980s? * did industry policy play a role in the financial crisis of 1997-1998? Heather Smith has put together a comprehensive discussion of strategic industry policy. She analyses at length the fascinating connection between the growth of the chaebol in Korea, its links to the government and to the financial sector, and the unravelling of the financial crisis in Korea. Her analysis throws light on the fundamental strength that Taiwan has shown throughout the crisis. These are fascinating and important questions vital to the economics profession and of interest to the enormous contingent of economic commentators following the East Asian crisis.' - Ron Duncan, Australian National University, Australia The growth in global competitiveness and interdependence has led to an increased interest in the role of industrial policy in achieving economic growth objectives. Heather Smith reignites the contentious debate of the role of the state using East Asian economic development in general with particular emphasis on Taiwan and Korea. Using quantitive techniques, the author analyses the view that industry policy interventions were a necessary factor explaining Taiwan's economic performance in the 1980s.

Industry Policy in Taiwan and Korea in the 1980s

Industry Policy in Taiwan and Korea in the 1980s PDF Author: Heather Smith
Publisher: Edward Elgar Publishing
ISBN: 9781782543572
Category : Business & Economics
Languages : en
Pages : 328

Get Book Here

Book Description
'This is a very good piece of research. As a book, it is important because it focuses on important conceptual and empirical issues, namely the role of government and industrial policy in promoting rapid economic growth; and particularly the case of Taiwan as an exemplar of rapid industrial development. The author convincingly refutes the view that sector-specific industrial policy was an important source of Taiwan's rapid industrial growth in the 1980s.' - Hugh T. Patrick, Columbia University, US 'Dr Smith takes Taiwan and Korea as case studies to address fundamental questions concerning the rapid growth and subsequent financial crisis in East Asia: * were the Taiwan and Korean governments interventionist in the 1980s? * did industry policy play a role in the financial crisis of 1997-1998? Heather Smith has put together a comprehensive discussion of strategic industry policy. She analyses at length the fascinating connection between the growth of the chaebol in Korea, its links to the government and to the financial sector, and the unravelling of the financial crisis in Korea. Her analysis throws light on the fundamental strength that Taiwan has shown throughout the crisis. These are fascinating and important questions vital to the economics profession and of interest to the enormous contingent of economic commentators following the East Asian crisis.' - Ron Duncan, Australian National University, Australia The growth in global competitiveness and interdependence has led to an increased interest in the role of industrial policy in achieving economic growth objectives. Heather Smith reignites the contentious debate of the role of the state using East Asian economic development in general with particular emphasis on Taiwan and Korea. Using quantitive techniques, the author analyses the view that industry policy interventions were a necessary factor explaining Taiwan's economic performance in the 1980s.

Developmental State Building

Developmental State Building PDF Author: Yusuke Takagi
Publisher: Springer
ISBN: 9811329044
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
This open access book modifies and revitalizes the concept of the ‘developmental state’ to understand the politics of emerging economy through nuanced analysis on the roles of human agency in the context of structural transformation. In other words, there is a revived interest in the ‘developmental state’ concept. The nature of the ‘emerging state’ is characterized by its attitude toward economic development and industrialization. Emerging states have engaged in the promotion of agriculture, trade, and industry and played a transformative role to pursue a certain path of economic development. Their success has cast doubt about the principle of laissez faire among the people in the developing world. This doubt, together with the progress of democratization, has prompted policymakers to discover when and how economic policies should deviate from laissez faire, what prevents political leaders and state institutions from being captured by vested interests, and what induce them to drive economic development. This book offers both historical and contemporary case studies from Japan, South Korea, Taiwan, Singapore, Indonesia, Malaysia, Myanmar, Ethiopia, Kenya, and Rwanda. They illustrate how institutions are designed to be developmental, how political coalitions are formed to be growth-oriented, and how technocratic agencies are embedded in a network of business organizations as a part of their efforts for state building.

Industrial Development in Singapore, Taiwan, and South Korea

Industrial Development in Singapore, Taiwan, and South Korea PDF Author: Kai-Sun Kwong
Publisher: World Scientific
ISBN: 9812810064
Category : Business & Economics
Languages : en
Pages : 287

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Book Description
Economic analysis of the industrial experiences of the newly industrialized economies in Asia is generally lacking in the literature. This study attempts to fill that void by providing an in-depth discussion on the economic impact of the industrial policies of Singapore, Taiwan, and South Korea in the three-and-a-half decades after 1960. Throughout the study, a broad perspective of macroeconomic development is maintained. It is highly critical of the narrow-minded objective of certain governments in maximizing the pace of industrialization at the expense of general economic well-being. A comparative analysis of the industrial experiences of the three economies also shows a diversity of constraints and processes. Singapore relied on multinational corporations, Taiwan on returned engineers, and South Korea on chaebols. There appears to be no Asian formula for industrialization. In Hong Kong, there is an ongoing debate on whether some form of industrial policy should be introduced, in view of the perception that Hong Kong is lagging behind the other economies in terms of technology. Drawing on the experiences of the other economies, the concluding chapter of the book provides an informed and balanced answer to this question. Contents: Singapore: Dominance of Multinational Corporations; Taiwan: Thriving High-Technology Industries and SME; South Korea: Government-Led Development and the Dominance of Giant Corporations; Comparison Among Singapore, Taiwan, and South Korea; Strategic Considerations in the Hong Kong Context. Readership: Researchers, policy-makers and undergraduates in economics and East Asian Studies.

Korea's Industry Policy During the 1980's

Korea's Industry Policy During the 1980's PDF Author: Heather Smith
Publisher:
ISBN:
Category : Industrial policy
Languages : en
Pages : 38

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Book Description


Taiwan in the 21st Century

Taiwan in the 21st Century PDF Author: J. Megan Greene
Publisher: Routledge
ISBN: 1134125895
Category : Political Science
Languages : en
Pages : 351

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Book Description
Throughout the twentieth century Taiwan was viewed as a model - whether in terms of a model colony, a model China or a development model. This perception was based on the notion of Taiwan undergoing an economic miracle and political developments. Yet much of Taiwan’s history is unique and may not be readily replicable elsewhere. Written by an impressive line up of contributors from the US, UK, Taiwan, France and Hong Kong, this book analyzes Taiwan’s economic and political achievements, and asks whether it is possible to identify through the experience of a single nation – Taiwan – the makings of a replicable model. This book will appeal to students and scholars of Taiwan, political economy, and Asia-Pacific regional development issues.

Taiwan's Industry Policy During the 1980s and Its Relevance to the Theory of Strategic Trade

Taiwan's Industry Policy During the 1980s and Its Relevance to the Theory of Strategic Trade PDF Author: Heather Smith
Publisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 70

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Book Description


Connecting Taiwan

Connecting Taiwan PDF Author: Carsten Storm
Publisher: Routledge
ISBN: 1351268945
Category : Social Science
Languages : en
Pages : 367

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Book Description
Taiwan has often been characterised as an isolated society in its search for sovereignty and security. Its contact with the world in an era of globalization and post-modernity, however, has increasingly led to Taiwanese actors successfully participating in many regional and global fields. In this book an international team of scholars presents cases studies and theoretical debates emphasising agency in coping with the effects of globalisation. In so doing, they contest the image of Taiwan’s marginalization and seek to understand it in terms of its connectedness, whether globally, regionally or trans-nationally. Taking a multi-disciplinary, comparative approach, it covers themes such as markets and trading, diplomacy and nation-branding, collective action, media, film and literature, and religious mission. It thus combines perspectives from several disciplines including media studies, sociology, political science, and studies in religion. Using Taiwan as an example of how to conceptualise connectivity and think differently about comparative studies, this book will be useful for students and scholars of Asian Politics and Cultural Studies, as well as of Taiwan Studies more specifically.

Asia's Next Giant

Asia's Next Giant PDF Author: Alice Hoffenberg Amsden
Publisher: Oxford University Press, USA
ISBN: 9780195076035
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
South Korea has been quietly growing into a major economic force, even challenging Japan in some industries. This growth may be seen as an example of "late industrialization" and this book discusses this point.

The Visible Hand

The Visible Hand PDF Author: Alfred D. Chandler Jr.
Publisher: Harvard University Press
ISBN: 0674417682
Category : Business & Economics
Languages : en
Pages : 625

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Book Description
The role of large-scale business enterprise—big business and its managers—during the formative years of modern capitalism (from the 1850s until the 1920s) is delineated in this pathmarking book. Alfred Chandler, Jr., the distinguished business historian, sets forth the reasons for the dominance of big business in American transportation, communications, and the central sectors of production and distribution.

Korea

Korea PDF Author: Kihwan Kim
Publisher: World Bank Publications
ISBN: 9780821326091
Category : Business & Economics
Languages : en
Pages : 60

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Book Description
The two case studies in this paper suggest that poor and low-income people strongly prefer private, fee-based health care to free public health-care services. The studies use household data from Santo Domingo, Dominican Republic and San Salvador, El Salvador. These data show how the demand for health care is shaped by price, convenience, quality of care, and the consumer's level of education. Important findings from household data compare the degree to which private care providers, public sector providers, and social security facilities are used. Also reviewed is the degree to which ineligible consumers exploit social security services. Policy recommendations for government officials discuss ways to deliver better health care to various economic groups.