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Books > Business & Economics > Business & management > Management of specific areas > Research & development management
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Economic Development, Education and Transnational Corporations (Hardcover, New)
Loot Price: R4,624
Discovery Miles 46 240
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Economic Development, Education and Transnational Corporations (Hardcover, New)
Series: Routledge Studies in Development Economics
Expected to ship within 12 - 19 working days
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This book focuses on the questions of: why do some economically
disadvantaged nations develop significantly faster than others, and
what roles do their educational systems play? In the early 1960s
Mexico and South Korea were both equally underdeveloped agrarian
societies. Since that time, the development strategies pursued by
each country resulted in dramatically different results. By the
turn of the century South Korea possessed one of the finest
educational systems in the world and was a world-class producer of
high-tech products. Mexico, on the other hand, was still graduating
less than half of its secondary school-age students and bogged down
in assembling products owned by others. This book addresses the
issues of what happened and why, and frames the consequences for
other developing nations facing similar challenges. Professor
Hanson argues that the key to understanding involves the manner and
intensity in which these countries engaged their educational,
governmental and business institutions to acquire manufacturing
knowledge from offshored transnational corporations, and how they
used these insights to grow their own local industries. Whereas
South Korea studied the foreign outsourced plants as if they were
educational systems and pursued with tenacity the new knowledge
they possessed, Mexico viewed them as 'cash cows' that generated
wages and reduced unemployment. The author emphasizes that
significant educational reform will only break down the barriers of
institutional bureaucracies when responding to the pressures and
demands of industrialization. This is one of the first books of its
kind to compare South-East Asian and Latin American economies and
their links to educational systems.
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