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The East Asian High-Tech Drive (Hardcover, illustrated edition)
Loot Price: R3,946
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The East Asian High-Tech Drive (Hardcover, illustrated edition)
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East Asia has been an area of high economic growth for several
decades. The East Asian High-Tech Drive argues that to maintain the
growth momentum, the more advanced East Asian economies need to pay
particular attention to policies designed to upgrade their
industrial capabilities. The authors argue that effectively
functioning institutions, predictable commercial policies,
investments in human capital and infrastructure, openness and
macroeconomic stability are essential for growth and technological
development. Regarding the two lower income economies in the
sample, Indonesia is found to have the smallest improvement in the
skill intensity of its exports, while the Philippines has
registered the slowest economic growth. For both countries,
industrial upgrading issues are not as imperative as achieving or
regaining rapid, labour-intensive growth as both recently
experienced major political instabilities.Yun-Peng Chu and Hal Hill
have gathered together a strong and cohesive collection of papers
written by country experts on the issue of high-tech
industrialization in East Asia. They present case studies of
Singapore, Korea, Taiwan, Malaysia, the Philippines, Thailand, the
PRC and Indonesia. The book uses a new measure of the skill
intensity of exports that, it is argued, deepens our understanding
of industrialization trajectories in this important and dynamic
region. There are also detailed examinations and assessments of
government policies in each economy. The editors have prepared an
overview chapter that summarizes and integrates the main results of
cross-country comparisons in a coherent manner. Academics, scholars
and researchers of economic development, industrial and technology
studies and Asian studies will all find much to engage them within
this book.
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