Institutions, Industrial Upgrading, and Economic Performance in Japan: The `Flying-Geese' Paradigm of Catch-Up Growth

Institutions, Industrial Upgrading, and Economic Performance in Japan: The `Flying-Geese' Paradigm of Catch-Up Growth

by T. Ozawa
     
 

ISBN-10: 184376959X

ISBN-13: 9781843769590

Pub. Date: 01/01/2005

Publisher: Elgar, Edward Publishing, Inc.

Starting in the 1930s, Akamatsu introduced three patterns of the "flying geese" model of industrial upgrading, first with the fundamental "importing to domestic production to exporting" variant, followed by consumer goods leading to capital goods (in which the crude and simple are succeeded by the complex and refined) and finally resulting in underdeveloped nations

Overview

Starting in the 1930s, Akamatsu introduced three patterns of the "flying geese" model of industrial upgrading, first with the fundamental "importing to domestic production to exporting" variant, followed by consumer goods leading to capital goods (in which the crude and simple are succeeded by the complex and refined) and finally resulting in underdeveloped nations aligning behind the industrial nations in the order of their different stages of growth, as in the flying pattern of wild geese. In this lively treatment Ozawa (economics, Colorado State U.) concentrates on the history and results of the first two stages, showing how they come with their own singular logic as the economy passes from reconstruction to modernization and on to higher technologies. Ozawa also shows how institutions and industrial organizations tend to bog down during the first two stages, and how international business is in fact the primary reason for development into the third stage. Annotation ©2005 Book News, Inc., Portland, OR

Product Details

ISBN-13:
9781843769590
Publisher:
Elgar, Edward Publishing, Inc.
Publication date:
01/01/2005
Series:
New Horizons in International Business Series
Edition description:
New Edition
Pages:
256
Product dimensions:
6.13(w) x 9.25(h) x (d)

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