Industrial Transformation In The Developing World

Hardcover | October 15, 2005

byMichael T. Rock, David P. Angel

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'Grow first, clean up later' environmental strategies in the developing economies of East Asia - China, Korea, and Taiwan in Northeast Asia and Indonesia, Malaysia, the Phillippines, Singapore, Thailand and Vietnam in Southeast Asia - pose a critical regional and global sustainabilitychallenge in this area of continuing rapid urban-based industrial growth. It is the most polluted region in the world.Whilst being at the leading edge of the processes of urbanization, industrialization, and globalization these economies are in the midst, not at the end, of their urban-industrial transformations. During the next 25 years urban populations in the region are expected roughly to double, and most ofthe industrial capital stock that will be on the ground by 2030 has not yet been built. Given East Asia's growing size in the world's economy and ecology, and its increasingly polluted environment, this looming urban-industrial transformation is both a challenge and an opportunity. Unless stepsare taken now to make this transformation more sustainable, East Asia's, and the world's, environmental future is likely to deteriorate seriously.Using detailed case studies and rigorous empirical analyses Rock and Angel, leading experts in this field, show that East Asian governments have found institutionally unique ways to overcome the sustainability challenge. As a result of these findings, they demonstrate how even low income economiesin the rest of the world can use regulatory polices, industrial policies, and an openness to trade and foreign investment that will increase the competitiveness of their firms whilst improving their environmental performance, thus proving an important antidote to those who argue that poor countriescannot afford to clean up their environment whilst their economies remain under-developed.

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'Grow first, clean up later' environmental strategies in the developing economies of East Asia - China, Korea, and Taiwan in Northeast Asia and Indonesia, Malaysia, the Phillippines, Singapore, Thailand and Vietnam in Southeast Asia - pose a critical regional and global sustainabilitychallenge in this area of continuing rapid urban-bas...

Michael T. Rock has lived and taught in Thailand and Vietnam; has served as senior economist of the Winrock International Institute for Agricultural Development, a development NGO established by the Rockefeller family. Received PhD in economics from the University of Pittsburgh. Recently awarded a grant from the Ministry of the Econo...

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Format:HardcoverDimensions:272 pages, 9.21 × 6.14 × 0.83 inPublished:October 15, 2005Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:019927004X

ISBN - 13:9780199270040

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Table of Contents

1. East Asia's Sustainability Challenge2. Late Industrialization and Technological Capabilities Building3. Policy Integration: From Technology Upgrading to Industrial Environmental Improvement4. The Role of Environmental Regulatory Agencies in Sustainability: Korea and Indonesia5. Globalization, Opennes to Trade and Investment, Technology Transfer and Technology and the Environment: The Cement Industry in East Asia6. Win-Win Environmental Intensity or Technique Effects and Technological Learning: Evidence from Siam City Cement7. Impact of Multinational Corporations' Firm-Based Environmental Standards on Subsidiaries and their Suppliers: Evidence from Motorola-Penang8. Global Standards and the Environmental Performance of Industry9. Implications for other Industrializing Economies10. Prospects for Policy Integration in Low Income Economies11. Bibliography