Industrial Strategy And Economic Transformation:
AbstractIndustrial development, especially industrial structure up-grading and diversification, is considered essential for economic transformation and sustained growth. The objective of this paper is to obtain insights into how crucial factors for industrial development, such as accumulation of knowledge and capabilities, technological innovation, infrastructure, institutions, interact in practice, focusing on several outstanding cases of industrial development, which produced a remarkable economic transformation. In these cases, different factors including investment in infrastructure, technological breakthrough, as well as external factors, triggered the economic transformation, but it could not have happened without continuous accumulation of capabilities and knowledge through learning. In all cases, effective institutions accomplished the role of facilitator or catalyzer of transformation.
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Bibliographic InfoPaper provided by JICA Research Institute in its series Working Papers with number 1002.
Date of creation: 18 Jul 2013
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industrial development ; economic transformation ; THAILAND ; Brazil BANGLADESH ; CHILE ; SINGAPORE;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-09-13 (All new papers)
- NEP-CSE-2013-09-13 (Economics of Strategic Management)
- NEP-DEV-2013-09-13 (Development)
- NEP-SEA-2013-09-13 (South East Asia)
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