The East Asian High-tech Drive
Yunpeng Zhu, Hal Hill
Edward Elgar, 2006 - Technology & Engineering - 393 pages
East Asia has been an area of high economic growth for several decades. The East Asian High-Tech Drive argues that to maintain the growth momentum, the more advanced East Asian economies need to pay particular attention to policies designed to upgrade their industrial capabilities. The authors argue that effectively functioning institutions, predictable commercial policies, investments in human capital and infrastructure, openness and macroeconomic stability are essential for growth and technological development. Regarding the two lower income economies in the sample, Indonesia is found to have the smallest improvement in the skill intensity of its exports, while the Philippines has registered the slowest economic growth. For both countries, industrial upgrading issues are not as imperative as achieving or regaining rapid, labour-intensive growth as both recently experienced major political instabilities.Yun-Peng Chu and Hal Hill have gathered together a strong and cohesive collection of papers written by country experts on the issue of high-tech industrialization in East Asia. They present case studies of Singapore, Korea, Taiwan, Malaysia, the Philippines, Thailand, the PRC and Indonesia. The book uses a new measure of the skill intensity of exports that, it is argued, deepens our understanding of industrialization trajectories in this important and dynamic region. There are also detailed examinations and assessments of government policies in each economy. The editors have prepared an overview chapter that summarizes and integrates the main results of cross-country comparisons in a coherent manner.Academics, scholars and researchers of economic development, industrial and technology studies and Asian studies will all find much to engage them within this book.
What people are saying - Write a review
We haven't found any reviews in the usual places.
HighTech Industrialisation and Local Capability
The Political Economy of Taiwans HighTech
Chinas HighTech Drive
2 other sections not shown
Other editions - View all
activities Asia cent chaebols China commercial companies comparative advantage competitiveness corporate country's crisis developing countries East Asian economic development economic growth Edward Elgar electronics industry enterprises environment equipment established export-oriented exports firms foreign direct investment funding global high-tech industrialisation high-tech industries import substitution incentives increase Indonesia industrial development Industrial Policy Industrial Technology infrastructure initial innovation ISCED Korea labour labour-intensive mainly major Malaysia manufacturing sector million Ministry MNCs MNEs National OECD patents period Philippines Plan political private sector programmes projects promotion R&D expenditure reform regime research institutes role Science and Technology semiconductor share Singapore Singaporean SMEs Soeharto Source South Korea strategy Table Taiwan Taiwanese tariff technology development technology transfer tertiary Thai Thailand trade TSMC University Press upgrading Urata value added value-added World Bank Yun-Peng