| Description |
1 online resource (xviii, 267 pages) : illustrations |
| Contents |
PREFACE ; 1. SINGAPORE: DOMINANCE OF MULTINATIONAL CORPORATIONS ; I. Introduction ; II. Historical Background ; III. The Role of Foreign Investors ; IV. Sources of Technology ; V. Sources of Manpower ; VI. Economic Development Board ; VII. Government Incentives |
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VIII. Role of Local Enterprises IX. Technological Expertise within the Government ; X. Appraisal ; XI. How the Challenges are Being Addressed ; XII. Total Factor Productivity -- Why The Big Fuss? ; XIII. The Challenge of Malaysia ; XIV. Case Study ; XIV. Conclusion |
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2. TAIWAN: THRIVING HIGH-TECHNOLOGY INDUSTRIES AND SMES I. Introduction ; II. Historical Background and Recent Development ; III. Small and Medium Enterprises (SMEs) ; IV. Sources of Manpower and Technology ; V. Government Leadership ; VI. Policies and Incentives |
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VII. Industrial Targeting VIII. Case Analysis ; IX. The Challenge of Recent Capital Outflow ; X. Appraisal of Taiwan's Industrial Policy ; XI. Concluding Remarks ; Appendix ; 3. SOUTH KOREA: GOVERNMENT-LED DEVELOPMENT AND THE DOMINANCE OF GIANT CORPORATIONS |
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I. Overview of Development since the Early 1960s II. Historical Evolution of Economic Policy and Development ; III. Working of the Outward- Industry- and Growth-Oriented Growth Strategy ; IV. Appraisal ; V. Present Challenges and Policy Responses ; VI. Conclusion |
| Summary |
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 |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Print version record |
| Subject |
Industries -- Singapore
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Industries -- Taiwan.
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Industries -- Korea (South)
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Industrialization -- Singapore
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Industrialization -- Taiwan
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Industrialization -- Korea (South)
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BUSINESS & ECONOMICS -- Industries -- General.
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Industrialization
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Industries
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Industrialisatie.
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Korea (South)
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Singapore
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Taiwan
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| Form |
Electronic book
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| LC no. |
2001277016 |
| ISBN |
9789812810069 |
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9812810064 |
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1281951609 |
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9781281951601 |
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