Strategic Factors in Economic Development
East Asian Industrialization 1950-2003
Bibliographic Data
| ID | 3883914 |
|---|---|
| Authors | Servaas Storm (Delft University of Technology), C W M Naastepad (Delft University of Technology) |
| Year | 2005 |
| Volume | 36 |
| Issue | 6 |
| Pages | 1059-1094 |
| Publication date | 2005-11-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Development and Change (JOURNAL) |
| Journal identifiers | ISSN: 0012-155X • E-ISSN: 1467-7660 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.0012-155x.2005.00450.x |
| OpenAlex | W1570042669 |
| Language | EN |
| Citations received | 23 |
| References cited | 27 |
East Asia's newly industrializing economies are the paragon of successful industrialization. This article investigates what lies behind this success by identifying seven 'stylized facts', which concern the contributions to industrialization and growth of structural change and technological change; and the role played by investment, savings and exports. Based on these stylized facts, the authors offer a new formulation of East Asian growth in terms of a cumulative-causation growth model. They discuss the impact on industrial diversification and upgrading of industrial and trade policies (including import substitution), and labour-market policies in the context of East Asia's authoritarian political regimes. Important specific factors are highlighted and the particular kinds of policies and institutions used in East Asia to finance accumulation are reviewed, before briefly considering the transferability of the East Asian growth regime
Business · China · Development economics · Diversification (marketing strategy) · East Asia · Economic geography · Economic system · Economics · Foreign direct investment · Industrial policy · Industrialisation · International trade · Macroeconomics · Market economy · Political science · Politics · Stylized fact · Asian Industrial and Economic Development · Economic Growth and Productivity · Global trade and economics
Aglomeraciones productivas y territorio
Beyond state and market
Wage Employment in Africa
High-Yielding Variety Policies in Africa
The Trade Imperative
Technical Change and Agricultural Productivity
Uneven, Contradictory, and Brutal Economic Development in Africa
Varieties of Common Sense
Unbalanced Development
Investment, Wage Goods, and Industrial Policy
Working Out the Solution to Rural Poverty
Newly Industrializing Economies ( NIEs )
India’s emerging social policy paradigm
Construction as a Springboard for Industrialisation
Strategic Industrial Policy and Latecomer Development
Beyond embeddedness
The Aid for Trade Charade
From Productivism to Post-Productivism
India's tryst with Modi-fare 2014–19
Global Imbalances, Under-consumption and Over-borrowing
Structural Change
Economics for the 'General Case
The Return of Debt Crisis in Developing Countries
The New Global Economy and Developing Countries
Strategic factors in economic development.
The Rise of “The Rest”
Industrial Policy for the Twenty-First Century
The Tyranny of Numbers
Asia's Next Giant
Marxist economics and contemporary developing economies
Savings, investment and the corporation in the East Asian miracle
New perspectives on East Asian development
Transferable lessons? Re‐examining the institutional prerequisites of East Asian economic policies
Income distribution and growth in East Asia
Beyond privatization
Institutions and growth in East Asia
Intersectoral Financial Flows in Developing Countries
Governing the Market
Unemployment and the real wage
Nicholas Kaldor
Capital, the State and Labour
Economic Development in the Long Run
| Unique citing works | 23 |
|---|---|
| Citations per year | 1,28 |
| Citation span | 2008 - 2025 (18) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 21 |