Industrialization and the State

Industrialization and the State

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This volume provides an analytic history of Korea's move away from generalized support for exports of manufactures to a policy of targeting specific industries, as part of the heavy and chemical industry drive of the 1973-1979 period. The heavy and chemical industry drive is sometimes held up as a model for other developing countries as they attempt to develop an industrial sector that is more skill- and capital-intensive. The analysis presented in this volume offers conclusions that may be useful for policy reform in other developing countries.The Samsung Group, a chaebol that had gained a reputation in more traditional manufacturing activities such as textiles, set up ... In part, this outturn reflects the fact that while the real prices for microwaves and color televisions have fallenanbsp;...

Title:Industrialization and the State
Author:Joseph J. Stern
Publisher:Harvard University Press - 1995


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