Industrialization and development

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Oxford University Press in association with the Open University, 1992 - Business & Economics - 338 pages
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This book focuses on the issue of industrialization, and the problems of debt and inequality. It examines the theories behind ways of achieving industrialization, and uses two major case studies - South Korea and Brazil - to illustrate two different theoretical approaches - market theoriesand structuralist theories. The book starts by presenting detailed case studies of the process of industrialization in Brazil and South Korea, from the Second World War to the 1980s. This is followed by an analysis of the contexts and issues arising from the two cases. The authors look at how Brazil and South Korea fit into the international industrial economy; what linkages exist between the debt problem and industrialization, and which technology strategies have beenadopted in practice. In the light of the above case studies and issues, the last part of the book examines the ways in which different theories of development shed light on the possible paths to industrialization pursued by developing countries.

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About the author (1992)

Hazel J. Johnson is Distinguished University Scholar at the University of Louisville and Professor of Finance. Dr. Johnson was formerly a member of the finance faculty of Georgetown University. She has authored more than 20 books in the areas of international banking, bank asset/liability management, bank valuation, corporate finance, and international economics. With publications in the US, Europe, Latin America, and Asia, Dr. Johnson's work has been translated into Japanese and Spanish. In addition, she has developed software systems for business practitioners in the areas of bank valuation, capital budgeting, cost of capital, and mergers and acquisitions. Dr. Johnson has acted as a consultant to more than 50 major US banks and a number of state and federal agencies.

Ed Rhodes and David Wield are both based in the Faculty of Technology of the Open University, where David Wield is Director of the Centre for Technology Strategy.

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