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....
|Title||:||Asia's Next Giant: South Korea and Late Industrialization (Oxford Paperbacks)|
|Publisher||:||Oxford University Press Revised edition April 9, 1992|
|Number of Pages||:||400 pages|
|File Size||:||871 KB|
|Status||:||Available For Download|
|Last checked||:||21 Minutes ago!|
Asia's Next Giant: South Korea and Late Industrialization (Oxford Paperbacks) Reviews
Amsden provides a thorough description of the state-capital-chaebol nexus that characterized South Korea's remarkable developmental path. You cannot understand the rapidity of S. Korea's growth from a war-torn third world country to a developed political economy without Amsden's account. While the ROK transitions from a developmental state to a neoliberal one, the lineages of its past (which Amsden lays out) remain.
A book for a college class. Well written and in good shape.
This book is widely known and referred to as a classic in international political economy. Besides of being the first book to chronicle Korea's rise to industrial power status, it is associated with the concept of the developmental state, meaning a set of institutions and policies that are conducive to economic catch-up and development. Like many classics, it is worth revisiting, if only to correct misperceptions and preconceived ideas. Contrary to expectations, the candid and uninformed reader will discover that 1/ the book does not really offer a theory of the developmental state; 2/ it devotes relatively little space to the role of the state; and 3/ it expands considerably more on business case studies and management concepts. Hence my paradoxical proposition: Asia's Next Giant should be read as a business book, not as a book on the economics of industrialization.
Probably still the best book on the benefits of government intervention to promote economic growth.