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Economic progress requires technological development, which in turn
depends on a country's social capacity to acquire, assimilate, and
develop new technologies. Focusing on the evolution of Japan's
economy from the Meiji Restoration to the present day, this volume
provides an authoritative account, firmly grounded in theoretical
and empirical analysis, of the country's attempts to generate the
necessary social capacity for technological innovation and
absorption. Successive chapters address the specific experiences of
a number of key Japanese industries during this process. Each
industrial case study is written by an acknowledged expert in the
field and presents material of significant interest to specialists
in economic development in a form that is also accessible to the
nonspecialist. The book concludes with a summary of useful lessons,
variously applicable to countries at all the different stages of
industrialization.
Markets and the state are usually seen as opposed to each other as
instruments of economic development. This important new book
attempts to go beyond the state-market debate, which it sees as
largely the intellectual legacy of neoclassical economics, and the
related pendulum swings of opinion favouring one against the other.
Arguing that development can be hindered and fostered by both the
state and markets, the contributing authors suggest that the real
challenge is not to choose between them but to find ways in which
their virtues can be utilized jointly to further the goals of
development. The first part provides some general perspectives
which critically analyse mainstream neoclassical views on states
and markets while also providing some alternative approaches. The
contributors to the second part examine state-market interaction in
Latin America, South Korea and India.
Continuing the inequality and development debate originally ushered
in by Kuznets, this book extends to the possible sociopolitical
disruptions of growing inequality and its ramifications for growth
and development. Comparing a range of countries in Asia and beyond,
the book examines the relationships between growth, distribution
and politics. Theoretical and empirical studies are backed up by
discussion of historical developments in this interdisciplinary
study which will interest political scientists, sociologists,
historians and economists.
Economic progress requires technological development, which in turn
depends on a country's social capacity to acquire, assimilate, and
develop new technologies. Focusing on the evolution of Japan's
economy from the Meiji Restoration to the present day, this volume
provides an authoritative account, firmly grounded in theoretical
and empirical analysis, of the country's attempts to generate the
necessary social capacity for technological innovation and
absorption. Successive chapters address the specific experiences of
a number of key Japanese industries during this process. Each
industrial case study is written by an acknowledged expert in the
field and presents material of significant interest to specialists
in economic development in a form that is also accessible to the
nonspecialist. The book concludes with a summary of useful lessons,
variously applicable to countries at all the different stages of
industrialization.
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