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Industrialization and the state

the Korean heavy and chemical industry drive

By Joseph J. Stern,Ji-hong Kim,Dwight H. Perkins,Yoo, Jung-ho.

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Publish Date

1995

Publisher

Harvard Institute for International Development and Korea Development Institute,Distributed by Harvard University Press

Language

eng

Pages

206

Description:

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.