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Small‐Scale Industry in the Asian‐Pacific Region

Author

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  • Albert Berry
  • Dipak Mazumdar

Abstract

Small‐scale industry has been important in the successful development of many of the economies of East and Southeast Asia, both in cases like Japan, Korea and Taiwan where import‐substitution preceeded and/or accompanied the manufactured exporting phase, and in Hang Kong, the only essentially laissez faire economy in the region. An important general characteristic of the small‐scale sector, and one long commented upon in the Japanese case, is the prevalence of subcontracting relationships either with larger manufacturing firms or with traders. There is considerable evidence of economic efficiency in the sector, especially perhaps in the medium‐size range. Although some types of policy support appear to have paid off well, others appear not to have, so it is clear that such support must be both well thought out and carefully implemented if it is to have the hoped‐for result.

Suggested Citation

  • Albert Berry & Dipak Mazumdar, 1991. "Small‐Scale Industry in the Asian‐Pacific Region," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 5(2), pages 35-67, September.
    • Handle: RePEc:bla:apacel:v:5:y:1991:i:2:p:35-67
    DOI: 10.1111/j.1467-8411.1991.tb00048.x
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    References listed on IDEAS

    as
    1. Hossain, Mahabub, 1988. "Credit for alleviation of rural poverty: the Grameen Bank in Bangladesh," Research reports 65, International Food Policy Research Institute (IFPRI).
    2. Mazumdar, Dipak, 1990. "Korea's labor markets under structural adjustment," Policy Research Working Paper Series 554, The World Bank.
    3. Paine, Suzanne H, 1971. "Wage Differentials in the Japanese Manufacturing Sector," Oxford Economic Papers, Oxford University Press, vol. 23(2), pages 212-238, July.
    4. Liedholm, Carl & Mead, Donald C., 1987. "Small Scale Industries in Developing Countries: Empirical Evidence and Policy Implications," Food Security International Development Papers 54062, Michigan State University, Department of Agricultural, Food, and Resource Economics.
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    1. Falentina, Anna T. & Resosudarmo, Budy P., 2019. "The impact of blackouts on the performance of micro and small enterprises: Evidence from Indonesia," World Development, Elsevier, vol. 124(C), pages 1-1.

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