By Alice H. Amsden
South Korea has been quietly growing to be right into a significant monetary strength that's even tough a few eastern industries. This well timed booklet examines South Korean progress for instance of "late industrialization," a approach within which a nation's industries research from past innovator countries, instead of innovate themselves. Discussing kingdom intervention, store flooring administration, and large company teams, Amsden explores the explanations for South Korea's exceptional progress, paying precise recognition to the main of reciprocity within which the govt imposes strict functionality criteria on these industries and corporations that it aids. She thereby indicates how South Korea, Japan, and Taiwan have been in a position to develop speedier than different rising countries comparable to Brazil, Turkey, India, and Mexico. With its new insights, Asia's subsequent gigantic is key analyzing for a person serious about international pageant and the area financial system.
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Extra info for Asia's Next Giant: South Korea and Late Industrialization (Oxford Paperbacks)
The latter, apprentice�hip (see Amsden and Kim, 1 985b). In Korea, massive imports of foreign licenses and assistance have been viewed as a means to attain technological independence, and thus as part of a larger effort, in both the public and private spheres, Industrializing through Learning 21 to avoid foreign control. I ndusirlalization has occurred almost exclu sively on the basis of nationaIly owned rather than foreign-owned enterprise. Foreign technical assistance has been purchased in pref erence to depending on foreigners to run Korean plants.
Just two years later, in 1 600, the Tokugawa regime came to power in Japan. For the next '276 years; Japan witnessed the rise of commerce and a more productive agrarian system, while Korea celebrated its victory over Japan in relative quiescence. When Japan reappeared on Korean shores in 1 876, less than a decade after the imperialist had itself become the unwitting host of foreign intruders, Korea encountered a much more formidable foe. 4 Consequently, a decisive difference would determine the subsequent course of Korean history-the greater degree of centralized state power.
Most of it in Japan and Manchukuo. and that fully 20% of all Koreans were either resid ing abroad or in a province other than their native one. This massive redeploy ment of population produced severe dislocations of Korean society because pop ulation mobility had historically been very low. In this period. Korean peasants first became uprooted from their villages and entered industry or urban life. or both, in Japan. Manchukuo, and northern Korea. As mentioned earlier. much of this uprooted population returned to their native homes after liberation to par ticipate in the politics of postwar Korea.
Asia's Next Giant: South Korea and Late Industrialization (Oxford Paperbacks) by Alice H. Amsden