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Books > Business & Economics > Industry & industrial studies > Primary industries > Agriculture & related industries
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Pathways to Industrialization in the Twenty-First Century - New Challenges and Emerging Paradigms (Paperback)
Loot Price: R1,640
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Pathways to Industrialization in the Twenty-First Century - New Challenges and Emerging Paradigms (Paperback)
Series: WIDER Studies in Development Economics
Expected to ship within 12 - 19 working days
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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
accelerating pace 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. These changing 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 analysis of 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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