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Book Cover
E-book
Author Akkemik, K. Ali (Kucik Ali), 1976-

Title Industrial development in East Asia : a comparative look at Japan, Korea, Taiwan, and Singapore / K Ali Akkemik
Published New Jersey : World Scientific, ©2009

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Description 1 online resource (xiv, 331 pages) : illustrations
Series Series on economic development and growth, 1793-3668 ; v. 3
Series on economic development and growth ; v. 3.
Contents Preface; CONTENTS; Acronyms; 1. Introduction; 1.1. Economic Development in East Asia; 1.2. The Role of Government in East Asia; 1.3. Objectives and Methodology; 1.4. Organization of the Book; 2. Industrial Policies in Japan, Korea, and Taiwan; 2.1. Industrial Policy: Definition and Theoretical Underpinnings; 2.2. The Objectives of Industrial Policy; 2.3. Instruments of Industrial Policy; 2.3.1. Competition policy; 2.3.2. Trade policy; 2.3.3. Tax and financial sector policies; 2.3.4. Labor market policies; 2.3.5. Technology policies; 2.3.6. Foreign investment policies
2.4. Summary and Conclusion3. Industrial Policies in Singapore; 3.1. Singapore Economy at a Glance; 3.2. Singapore's Industrial Policies: A Historical Perspective; 3.2.1. Industrial policies before 1985; 3.2.2. Industrial policies after the recession; 3.3. Characteristics of Industrial Policies in Singapore; 3.3.1. Labor market policy; 3.3.2. Investment and tax policy; 3.3.3. Technology policy; 3.3.4. Foreign trade policy; 3.3.5. Foreign investment policy; 3.3.6. Regionalization; 3.3.7. Competition policy and promotion of local firms
3.4. Productivity-Specific Features of Industrial Policies in Singapore3.4.1. Improving the quality of the labor-force; 3.4.2. Productivity improvement through MNC -- local firm interaction; 3.4.3. Indigenous technology development; 4. A Comparison of Industrial Policies in Singapore with Those in Japan, Korea, and Taiwan; 4.1. Initial Conditions; 4.2. Characteristics of Governments; 4.3. Trade Policies; 4.4. Industrialization Paths; 4.5. Fiscal Incentives and Policy-Based Finance; 4.6. Foreign Elements; 4.7. Business Structures; 4.8. The Influence of International Political Economy
5. Labor Productivity and Labor Reallocation: The Singapore Case5.1. Trends in Labor Productivity and RealWages in Singapore; 5.1.1. Description of data; 5.1.1.1. Real value-added; 5.1.1.2. Employment; 5.1.1.3. Working hours; 5.1.1.4. Labor compensation; 5.1.1.5. Periodization; 5.1.2. Trends in labor productivity and real wages; 5.2. The Impact of the Intersectoral Reallocation of Labor on Labor Productivity: Methodology; 5.3. Empirical Findings; 5.4. Labor Productivity and Labor Market Policies: A Policy Discussion; 6. Total Factor Productivity and Resource Reallocation
6.1. Measurement of Total Factor Productivity Growth6.1.1. Translog index of labor; 6.1.2. Translog index of capital; 6.1.3. Translog index of productivity growth; 6.1.4. Description of data; 6.2. TFP Growth Estimates; 6.2.1. Previous studies on total factor productivity growth and its sources; 6.2.2. TFP growth estimates: Empirical findings; 6.2.3. Sensitivity analysis for TFP growth estimates; 6.3. The Impact of Resource Allocation on TFP Growth: Methodology; 6.4. The Impact of Resource Allocation on TFP Growth: Empirical Findings; 6.5. TFP Growth: A Policy Discussion
Summary This book presents a broad descriptive and quantitative evaluation of industrial policies in four East Asian economies -- Japan, Korea, Taiwan, and Singapore -- with a special focus on Singapore. The book offers a comprehensive overview of the discussions on the concept of industrial policy within the East Asian context and quantitative assessments of these policies through productivity analyses and CGE modeling, especially where Singapore is concerned. It demonstrates evidence for the positive role of industrial policies and government activism in welfare improvements and industrial development
Bibliography Includes bibliographical references (pages 277-295) and index
Notes Print version record
Subject Industrial policy -- East Asia
Industrialization -- East Asia
POLITICAL SCIENCE -- Public Policy -- Economic Policy.
BUSINESS & ECONOMICS -- Government & Business.
BUSINESS & ECONOMICS -- Development -- Economic Development.
BUSINESS & ECONOMICS -- Development -- Business Development.
BUSINESS & ECONOMICS -- Structural Adjustment.
BUSINESS & ECONOMICS -- Development -- General.
Industrial policy
Industrialization
East Asia
Form Electronic book
ISBN 9789812832801
9812832807