Export-oriented Industrialization in Developing Countries

Export-oriented Industrialization in Developing Countries PDF

Author: Pitou van Dijck

Publisher: NUS Press

Published: 1987

Total Pages: 488

ISBN-13: 9789971691127

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This study describes and analyses in depth the transformation taking place in world manufacturing industry and its impact on the economies of newly industrialising countries. In Part One, the causes and characteristics of export-oriented industrialisation are studied, often using world-wide cross-country analyses. Trade policies and export strategies underlying such industrialisation processes get much attention. Part Two mainly deals with the domestic preconditions for and consequences of export-oriented manufacturing production, on the basis of detailed case studies of seven East and South-East Asian countries.

Export-oriented Development Strategies

Export-oriented Development Strategies PDF

Author: Vittorio Corbo

Publisher: Routledge

Published: 2019-03-08

Total Pages: 356

ISBN-13: 0429691335

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This book originated with a conference that we held at Pontificia Universidad Cat61ica de Chile in late 1981. When we organized the conference, our focus was to provide policymakers and entrepreneurs with a summary of the experiences and lessons of countries that have pursued policies geared to export-led growth. After the conference we decided that the papers would be useful to a much wider audience and should be prepared for publication. The revised papers are contained in this volume.

Export Oriented Industrialisation Strategy

Export Oriented Industrialisation Strategy PDF

Author: Neil Dias Karunaratne

Publisher:

Published: 2012

Total Pages: 0

ISBN-13:

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This paper reviews the history and economics that underlie the shift en masse of developing countries from import substitution industrialization (ISI) to the pursuit of export oriented industrialization strategies (EOI) leading to stellar growth performances. The central message of EOI strategies is that newly industrialized countries should harness the prospects offered by international trade by specializing in industries that have a comparative advantage. ISI in contrast violated the dictates of comparative advantage because it required the implementation of protectionist policies to survive. A regression analysis of 45 nations showed that counties that pursued ISI stratgies under protectionist barriers recorded lower growth rates than countries that pursued EOI strategies under free trade. The pursuit of EOI policies overcame anti-export bias and moved the economies from the adoption of inappropriate capital intensive projects that was a hall mark of counties pursuing ISI strategies. The main vehicles for implementing EOI strategies were free trade zones (FTZ) in which Transnational Corportations (TNCs) played a key role in delivering foreign investment and technology. The role of TNCs in promoting EOI in developing countries can have adverse effects and predatory market behavior leading to eventual establishment of monopolies or oligopolies in the host nations.There are costs and benefits in adopting EOI strategies and developing nations that adopted EOI increased their manufactured exports at the rate of 18% per annum leading to a neo-protectionist back-lash from the advanced countries.The failure of advanced countries to play by the rules of the game of international trade has been chastised in GATT and UCTAD fora. Advanced countries have been accused of hypocrisy in advocating free trade when the country is strong and protectionist policies when the country is weak in relation to export competitiveness.

Export-Oriented Industrialisation

Export-Oriented Industrialisation PDF

Author: Mohammed Ariff

Publisher: Routledge

Published: 2012-08-06

Total Pages: 289

ISBN-13: 113687738X

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First published in 1985, this study is a comparative examination of industrialisation and industrial policy from the early 1960s to the early 1980s in the five original member countries of the Association of South-East Asian Nations (ASEAN): namely Indonesia, Malaysia, the Philippines, Singapore and Thailand. The work provides an integrated overview of industrial policies and performance in the five countries and forms essential reading for both those with a specialist interest in the ASEAN countries and their economic performance, and for students of industrialisation in developing countries the world over.

The Oxford Handbook of Industrial Hubs and Economic Development

The Oxford Handbook of Industrial Hubs and Economic Development PDF

Author: Arkebe Oqubay

Publisher: Oxford University Press

Published: 2020-07-23

Total Pages: 800

ISBN-13: 0192590944

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Industrialization supported by industrial hubs has been widely associated with structural transformation and catch-up. But while the direct economic benefits of industrial hubs are significant, their value lies first and foremost in their contribution as incubators of industrialization, production and technological capability, and innovation. The Oxford Handbook of Industrial Hubs and Economic Development adopts an interdisciplinary approach to examine the conceptual underpinnings, review empirical evidence of regions and economies, and extract pertinent lessons for policy reasearchers and practitioners on the key drivers of success and failure for industrial hubs. This Handbook illustrates the diverse and complex nature of industrial hubs and shows how they promote industrialization, economic structural transformation, and technological catch-up. It explores the implications of emerging issues and trends such as environmental protection and sustainability, technological advancement, shifts in the global economy, and urbanization.

Trade Policy and Industrialization in Turbulent Times

Trade Policy and Industrialization in Turbulent Times PDF

Author: Gerry Helleiner

Publisher: Routledge

Published: 2002-09-11

Total Pages: 588

ISBN-13: 1134842988

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The relationship between trade policy and industrialization has provoked much controversy. Can trade policy promote economic growth in developing countries? Those actively working in the area are becoming increasingly sceptical about the conventional advice given by international policy advisors and organizations. This volume builds upon earlier theoretical and empirical research on trade policy and industrialization but is the first cross-the-board attempt to review developing country experiences in this realm for twenty years. The experience of fourteen developing countries in the 1970s and 1980s is assessed by the contributors, each of whom have a detailed understanding of their country's recent experience.

Is China's Export-Oriented Growth Sustainable?

Is China's Export-Oriented Growth Sustainable? PDF

Author: Kai Guo

Publisher: International Monetary Fund

Published: 2009-08

Total Pages: 32

ISBN-13:

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This paper assesses the sustainability of China's export-oriented growth over the medium to longer term. It shows that maintaining the current export-oriented growth would require significant gains in market share through lower prices in a range of industries. This, in turn, could be achieved through a combination of increases in productivity, lower profits, and higher implicit or explicit subsidies to industry. However, the evidence suggest that it will prove difficult to accommodate such price reductions within existing profit margins or through productivity gains. Moving up the value-added chain, shifting the composition of exports, diversifying the export base, and increasing domestic value added of exports could give room to further export expansion. However, experiences from Asian economies that had similar export-oriented growth suggest there are limits to the global market share a country can occupy. Rebalancing growth toward private consumption would provide a large impetus to output growth and reduce the need for gaining further market share.

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