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Directions for Inclusive and Sustainable Industrial Development in Zimbabwe and the Republic of Korea

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Abstract

This report is the result of a joint study by the Korea Institute of Industrial Economics and Trade (KIET) and the United Nations Industrial Development Organization (UNIDO), based on the experience of economic development in Korea and Zimbabwe. This collaboration originated from an existing foundation for cooperation established by the signing a memorandum of understanding (MOU) on academic information exchange, joint research and seminars, and research personnel exchange between two organizations in 2015. In its assessment of Korea’s industrialization process, this report focuses on the trends and current status of industrialization in Korea, and informed by the findings of that analysis proposes suggestions for Zimbabwean industrial policy and action, taking into account lessons learned from comparative studies on the process of industrial development in Korea and Zimbabwe.

Suggested Citation

  • Lim, Soyoung & Lee, Keun & Ndlela, Daniel & Kim, Kyehwan & Yu, Jinkeun & Mushayandebvu, Tichaona, 2022. "Directions for Inclusive and Sustainable Industrial Development in Zimbabwe and the Republic of Korea," Research Papers 22/21, Korea Institute for Industrial Economics and Trade.
    • Handle: RePEc:ris:kietrp:2022_021
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    More about this item

    Keywords

    Zimbabwe; Korea; UNIDO; industrial development; innovation; governance; industrial cooperation; sustainability; sustainable development; inclusiveness; inclusive development; economic growth; growth; economic development; developmental economics; development policy; development planning; trade; trade policy; exports; export policy; industrial policy; innovation policy;
    All these keywords.

    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy

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