Includes bibliographical references (pages 331-352).
CONTENTS NOTE
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Industrialization through learning -- part 1. The state and business : history and policies. A history of backwardness ; The abc's of Japanese and Korean accumulation ; The dynamics of growth ; The spiraling of market power ; Getting relative prices "wrong" : a summary -- part 2. Professional management and human resources. The rise of salaried engineers : automobile manufacturing ; The paradox of "unlimited" labor and rising wages ; The boom in education -- part 3. The dynamics of dynamic comparative advantage. The switch in industrial leadership ; The world's largest shipbuilder ; The triumph of steel ; From learner to teacher.
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SUMMARY OR ABSTRACT
Text of Note
South Korea has been quietly growing into a major economic force, even challenging Japan in some industries. This growth may be seen as an example of "late industrialization" and this book discusses this point.