Asias Next Giant: South Korea and Late Industrialization

Paperback | March 1, 1981

byAlice 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, ratherthan 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 thoseindustries 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.

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From Our Editors

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...

From the Publisher

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, ratherthan innovate themselves. Discussing state int...

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

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Format:PaperbackDimensions:400 pages, 5.39 × 7.99 × 0.83 inPublished:March 1, 1981Publisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:0195076036

ISBN - 13:9780195076035

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From Our Editors

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.

Editorial Reviews

"With so much already written on South Korea's extraordinary record of industrialization, the solid achievement of Alice Amsden's book is to have added an altogether fresh dimension to the story....Her unusual ability to see the process through the eyes of an expert both in productionmanagement and in industrial organization generates some rare insights on this fascinating case."--Raymond Vernon, Harvard University