"Catch-Up Industrialization" is an innovative examination of how the political ideology of 'developmentalism' has driven East Asian economic growth. The author considers innovative production and management techniques, the patterns of industrial relations, and the way education shapes the workforce, using this information to assess late 20th century East Asian economic development based on economic liberalization and the rapid diffusion of information technology. The term 'catch-up' links developing and developed countries, and defines the socioeconomic mindset common to high-growth societies of Asia. The author's argument differs from neoclassical approaches emphasizing the workings of the market, statist ones emphasizing policy rather than private initiatives, business studies lacking macroeconomic and global perspectives, work by development economists based on agriculture, and World Bank/IMF studies that lack socio-cultural and historical understanding
Includes bibliographical references (p. 349-380) and indexes
Perspectives: governments, markets, and institutions -- Latecomers, flying geese, and competitive advantages -- Social capability for industrialization and "innovative combination" -- East Asian economies: miracle, meltdown, and recovery -- Developmentalism and "developmental dictatorship" -- Import substitution, export promotion, and industrial policy -- The tripod structure of dominant capital and the role of public enterprise -- The role of multinational corporations and their economic hegemony -- Family businesses and corporate governance -- Technology transfer and technology formation capacity -- Control and competition in labor markets -- Education systems and qualification-competitive societies -- Beyond the theory of competitive advantage of nations