Liberalisation and Industrial Development in the Third World: A Comparison of the Indian and South Korean Engineering Industries

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9780803991774: Liberalisation and Industrial Development in the Third World: A Comparison of the Indian and South Korean Engineering Industries

"This book is a good addition to the literature as it brings cut a detailed microlevel comparative analysis of the industrialization experiences of the two countries. This could provide certain useful insights into what went wrong with Indian policy at the microlevel and also what could be the role of industrial policy in the context of the recent economic reforms.... The authors have chosen four engineering industries for a detailed comparative case-study.... The choice of industries is quite appropriate.... This detailed and painstaking study of the process of acquisition and maturation of firms in these industries brings out some very useful conclusions." --International Journal of Development Banking "This is an insightful book with a number of refreshing characteristics. First, it provides a simple non-technical survey of a broad range of literature on the infant industry argument for protection. Second, it uses evidence from case studies to draw a lot of insightful policy prescriptions, which are very relevant in the world today. Third, the book will be of interest to a varied audience ranging from students to specialists carrying on research in industrial economics." --The Journal of Entrepreneurship "A reading of the book is suggested to enhance our learning about the role of government policy in preparing firms for international competitiveness and about a contemporary economy that has seemingly done well in similar industries as well as for a comprehensive understanding of competitiveness as seen in the backdrop of an overlap of the concepts of domestic entry and international entry. The book also provides exhaustive case studies of the engineering industry, machining centres, hydraulic excavators, integrated circuits, and an enriching comparison of evolution of these industries in Korea and India." --Vikalpa "A very well researched and documented study." --Asian Economic Review How does industrial policy in third world nations relate to the role of liberalization in improving industrial performance? This is the central question addressed in this timely, informative study. Using unique firm-level data from the engineering industries in India and South Korea, this lucid study charts the evolution of firms and industries during the liberalization process which took place in both countries during the 1980s. After a detailed description of the changing policy frameworks in both nations, four extensive case studies are presented. These case studies are blended with the results of a number of other case studies to yield an analysis of a variety of phenomena such as the nature of infancy, the evolution of entry barriers to international industry, and the role of previous policy regimes in the accumulation of competitive capabilities. Owing to its unique combination of management science, industrial economics, and development economics, this book will interest a broad range of readers, including economists, political scientists, management experts, and industrialists.

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Review:

`Represents a valuable and significant contribution in the field of comparative industrial development studies. First of all, by choosing a micro-level comparison as its point of departure, the book gives solid and new insights into the working of the engineering industry in India and South Korea under different industrialisation models. Second, the book moves beyond a narrow national focus, just as it yields new insights into the length of the learning period of industries by showing that becoming an `adult' firm in most cases takes not a few years but often 10-20 years. Third, the authors convincingly show how the inward-looking development model of the 1950s and 1960s has become unviable in the present globalised world economy. Finally, the book enriches the present debate on liberalisation and makes clear that these policies cannot be "Taylorised" but have to be "custom-made".

It should also be stressed tha the two authors have succeeded in organizing empirical material from India and South Korea in a way which gives a high degree of coherence to the book. The book is not just relevant for people interested in the engineering industry, but is highly recommended to be read by a broad range of readers being interested in the role of state policies in relation to internaional "catching" or "keeping up"' - The European Journal of Development Research

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1.

Steffan Jacobsson
Editore: SAGE Publications Pvt. Ltd (1994)
ISBN 10: 0803991770 ISBN 13: 9780803991774
Usato Rilegato Quantità: 1
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Anybook Ltd.
(Lincoln, Regno Unito)
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Descrizione libro SAGE Publications Pvt. Ltd, 1994. Condizione libro: Fair. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In fair condition, suitable as a study copy. Codice libro della libreria 3827453

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2.

Jacobsson, Staffan;Alam, Ghayur
Editore: Sage Pubns, Thousand Oaks, California, U.S.A. (1994)
ISBN 10: 0803991770 ISBN 13: 9780803991774
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Winghale Books
(South Kelsey, LINCS, Regno Unito)
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Descrizione libro Sage Pubns, Thousand Oaks, California, U.S.A., 1994. Hardcover. Condizione libro: Very Good. Dust Jacket Included. 253 pages. Clean hardback in dust wrapper. (All our books are sent securely packaged in cardboard) Liberalization and Industrial Development in the Third World: A Comparison of the Indian and South Korean Engineering Industries. Codice libro della libreria 050133

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