Pathways to Industrialization in the Twenty-First Century: New Challenges and Emerging Paradigms

Hardcover | March 15, 2013

EditorAdam Szirmai, Wim Naude, Ludovico Alcorta

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Over the last two centuries, the experiences of the first wave of industrialized countries in Europe and the US, and the more recent experiences of the East Asian Tigers, Indonesia, Malaysia, Thailand, China, India, and Vietnam, have illustrated the transformative nature of industrialization.There are reasons to believe that industrialization will continue to be one of the major engines of growth, transformation, and socioeconomic development. Industrial development enables a more rapid advancement toward developed country living standards. But many challenges remain, and new challenges have arisen. These include: integration into global value chains; the shrinking of policy space in the present international order; the rise of the Asian driver economies; new opportunities provided by resource-based industrialization; the acceleratingpace of technological change in manufacturing; how to deal with jobless growth in manufacturing; creating adequate systems of financial intermediation; and how to respond to the threats of global warming and climate change.Under present conditions it may be more difficult than ever for the poorer developing countries to foster industrial development and structural change. They face a more complex, and daunting set of circumstances than the developing countries that embarked on industrialization after 1950. Thesechanging and challenging circumstances require new thinking, and in particular new paradigms to guide researchers, policy makers, and international development organizations in the future. The book includes chapters on the experiences of Africa, Latin America, China, and Indonesia, as wells as thematic chapters on structural change, jobless growth, the evolution of industrial policy, and the challenges of environmental sustainability and climate change. It provides a timely analysisof the circumstances and challenges facing developing countries in industrialization, and offer fresh ideas for new paradigms to carry forward industrial policy in the future.

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Over the last two centuries, the experiences of the first wave of industrialized countries in Europe and the US, and the more recent experiences of the East Asian Tigers, Indonesia, Malaysia, Thailand, China, India, and Vietnam, have illustrated the transformative nature of industrialization.There are reasons to believe that industrial...

Adam Szirmai is Professorial fellow at UNU-MERIT and Professor of Development Economics at the Maastricht Graduate School of Governance of Maastricht University. His research focuses technological change, productivity, and growth in manufacturing in developing countries, and on the determinants of economic growth and stagnation in the...

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Format:HardcoverDimensions:472 pages, 9.21 × 6.14 × 0.1 inPublished:March 15, 2013Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199667853

ISBN - 13:9780199667857

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Table of Contents

ForewordPart I: Introduction1. Adam Szirmai, Wim Naude, and Ludovico Alcorta: Introduction and Overview: The Past, Present, and Future of IndustrializationPart II: The Need for and Challenge of Industrialization2. Adam Szirmai: Manufacturing and Economic Development3. Fiona Tregenna: Deindustrialization and Reindustrialization4. Nobuya Haraguchi and Gorazd Rezonja: Emerging Patterns of Structural Change in ManufacturingPart III: Pathways to Industrial Development: Past, Present, and Future5. Mike Hobday: Learning from Asia's Success: Beyond Simplistic 'Lesson-Making'6. Harry X. Wu: Rethinking China's Path of Industrialization7. Haryo Aswicahyono, Hal Hill, and Dionisius Narjoko: Indonesian Industrialization: A Latecomer Adjusting to Crises8. Wilson Peres: Industrial Policies in Latin America9. John Page: Should Africa Industrialize?Part IV: Climate Change and Sustainability10. Wim Naude: Climate Change and Industrial Policy11. Thomas Gries: Global Asymmetries and their Implications for Climate and Industrial Policies12. Martin Medina: Global Supply Chains in Chinese Industrialization: Impact on Waste Scavenging in Developing CountriesPart V: Challenges to Industrial Policy13. Tilman Altenburg: Can Industrial Policy Work under Neopatrimonial Rule?14. Zoltan Acs and Wim Naude: Entrepreneurship, Stages of Development, and Industrialization15. John Weiss: Industrial Policy in the Twenty-First Century: Challenges for the FuturePart VI: Conclusion16. Wim Naude and Adam Szirmai: Pathways to Industrialization: Summary and Overview