Political Economy of Steel Development in Nigeria: Lessons from South Korea
This is a critical comparative analysis of the origin, nature, problems and prospects of steel development and industrialisation in Nigeria and South Korea. Focusing on the steel sector, this ground-breaking book examines the interplay among the state, local capital, transnational corporations, the World Bank and IMF. The book examines how all these factors have come to shape the content and direction of steel development in these two countries.
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Preface and Acknowledgements
Contending Theoretical Issues
The Politics of Steel Development
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Africa Ajaokuta Steel Company aluminium Asian NICs basic steel raw British chaebols coal coils colonial country's industrial country's steel industry crisis crude steel devel downstream sector economic development economic growth economy of Nigeria electric arc furnace finished steel products flat steel foreign capital foundry furnace Hanbo import dependent indus industrial policy industrialisation inspite instance integrated steel company intermediate and capital iron and steel Itakpe Japan Japanese Katsina Kim Dae-Jung Kobe Steel Korea's steel industry Korean economy Korean government Lagos largely major manufacturing ment metric tons million metric naira Nigeria and South Nigeria's steel industry Nigerian government nomic operations opment Oshogbo panies percent period Pohang POSCO post-colonial private steel companies problems product mix public steel companies scholars Seoul South Korea Statistical Appendix steel development steel plants steel policy steel raw materials steel rods steel rolling companies steel rolling mills steel sector strategy structure tion tonnes upstream sector