Learning to Industrialize

This book proposes a new, pragmatic way of approaching economic development which features policy learning based on a comparison of international best policy practices. While the important role of government in promoting private sector development is being recognized, policy discussion often remains...

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Autor principal: Ohno, Kenichi
Formato: Online
Idioma:inglês
Publicado em: Taylor & Francis 2021
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Acesso em linha:ONIX_20210407_9781136198847_2
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author Ohno, Kenichi
author_browse Ohno, Kenichi
author_facet Ohno, Kenichi
author_sort Ohno, Kenichi
collection Directory of Open Access Books
description This book proposes a new, pragmatic way of approaching economic development which features policy learning based on a comparison of international best policy practices. While the important role of government in promoting private sector development is being recognized, policy discussion often remains general without details as to what exactly to do and how to avoid common pitfalls. This book fills the gap by showing concrete policy contents, procedures, and organizations adopted in high-performing East Asian economies. Natural resources and foreign aid and investment can take a country to a certain income level, but growth stalls when given advantages are exhausted. Economies will be caught in middle income traps if growth impetus is not internally generated. Meanwhile, countries that have soared to high income introduced mindset, policies, and institutions that encouraged, or even forced, accumulation of human capital – skills, technology, and knowledge. How this can be done systematically is the main topic of policy learning. However, government should not randomly adopt what Singapore or Taiwan did in the past. A continued march to prosperity is possible only when policy makers acquire capability to formulate policy suitable for local context after studying a number of international experiences. Developing countries wanting to adopt effective industrial strategies but not knowing where to start will benefit greatly by the ideas and hands-on examples presented by the author. Students of development economics will find a new methodological perspective which can supplement the ongoing industrial policy debate. The book also gives an excellent account of national pride and pragmatism exhibited by officials in East Asia who produced remarkable economic growth, as well as serious effort by an African country to emulate this miracle. The Open Access version of this book, available at http://www.taylorfrancis.com/doi/view/10.4324/9780203085530  has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.
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spelling doab-20.500.12854ir-644002025-03-23T23:42:50Z Learning to Industrialize Ohno, Kenichi countries country developing income latecomer master middle plans policy trap This book proposes a new, pragmatic way of approaching economic development which features policy learning based on a comparison of international best policy practices. While the important role of government in promoting private sector development is being recognized, policy discussion often remains general without details as to what exactly to do and how to avoid common pitfalls. This book fills the gap by showing concrete policy contents, procedures, and organizations adopted in high-performing East Asian economies. Natural resources and foreign aid and investment can take a country to a certain income level, but growth stalls when given advantages are exhausted. Economies will be caught in middle income traps if growth impetus is not internally generated. Meanwhile, countries that have soared to high income introduced mindset, policies, and institutions that encouraged, or even forced, accumulation of human capital – skills, technology, and knowledge. How this can be done systematically is the main topic of policy learning. However, government should not randomly adopt what Singapore or Taiwan did in the past. A continued march to prosperity is possible only when policy makers acquire capability to formulate policy suitable for local context after studying a number of international experiences. Developing countries wanting to adopt effective industrial strategies but not knowing where to start will benefit greatly by the ideas and hands-on examples presented by the author. Students of development economics will find a new methodological perspective which can supplement the ongoing industrial policy debate. The book also gives an excellent account of national pride and pragmatism exhibited by officials in East Asia who produced remarkable economic growth, as well as serious effort by an African country to emulate this miracle. The Open Access version of this book, available at http://www.taylorfrancis.com/doi/view/10.4324/9780203085530  has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license. 2021-02-10T12:58:18Z 2021-04-07T09:26:24Z 2013 book ONIX_20210407_9781136198847_2 ONIX_20210407_9781136198847_2 OCN: 876512543 https://library.oapen.org/handle/20.500.12657/47729 9781136198847 9780415595704 9780203085530 9780415705820 https://directory.doabooks.org/handle/20.500.12854/64400 eng Routledge-GRIPS Development Forum Studies open access image/jpeg image/jpeg image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/47729/1/9781136198847.pdf https://library.oapen.org/bitstream/20.500.12657/47729/1/9781136198847.pdf https://library.oapen.org/bitstream/20.500.12657/47729/1/9781136198847.pdf Taylor & Francis Routledge 10.4324/9780203085530 10.4324/9780203085530 fa69b019-f4ee-4979-8d42-c6b6c476b5f0 9781136198847 9780415595704 9780203085530 9780415705820 Routledge 256 open access
spellingShingle countries
country
developing
income
latecomer
master
middle
plans
policy
trap
Ohno, Kenichi
Learning to Industrialize
title Learning to Industrialize
title_full Learning to Industrialize
title_fullStr Learning to Industrialize
title_full_unstemmed Learning to Industrialize
title_short Learning to Industrialize
title_sort learning to industrialize
topic countries
country
developing
income
latecomer
master
middle
plans
policy
trap
topic_facet countries
country
developing
income
latecomer
master
middle
plans
policy
trap
url ONIX_20210407_9781136198847_2
work_keys_str_mv AT ohnokenichi learningtoindustrialize