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Asia's Next Giant: South Korea and Late Industrialization
     

Asia's Next Giant: South Korea and Late Industrialization

by Alice H. Amsden
 

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South Korea has been quietly growing into a major economic force that is even challenging some Japanese industries. This timely book examines South Korean growth as an example of "late industrialization," a process in which a nation's industries learn from earlier innovator nations, rather than innovate themselves. Discussing state intervention, shop

Overview

South Korea has been quietly growing into a major economic force that is even challenging some Japanese industries. This timely book examines South Korean growth as an example of "late industrialization," a process in which a nation's industries learn from earlier innovator nations, rather than innovate themselves. Discussing state intervention, shop floor management, and big business groups, Amsden explores the reasons for South Korea's phenomenal growth, paying special attention to the principle of reciprocity in which the government imposes strict performance standards on those industries and companies that it aids. She thereby shows how South Korea, Japan, and Taiwan were able to grow faster than other emerging nations such as Brazil, Turkey, India, and Mexico.
With its new insights, Asia's Next Giant is essential reading for anyone concerned with global competition and the world economy.

Editorial Reviews

Journal of Economic
Definitely on my shortest lists of essential readings about Korean development and about the process of industrialization.
Sunday New York Times
[On] my own short list of must-reads of the best recent writing about modern economics.
Forei
Her findings -- supported by a look at several major industries -- not only give a new picture of Korea but challenge much conventional economic teaching about development.

Product Details

ISBN-13:
9780195076035
Publisher:
Oxford University Press
Publication date:
04/09/1992
Edition description:
Reprint
Pages:
400
Product dimensions:
8.00(w) x 5.38(h) x 0.83(d)
Lexile:
1460L (what's this?)

Meet the Author

Alice H. Amsden is Professor of Economics on the Graduate Faulty of The New School for Social Research.

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