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
Summary
This study demonstrates why South Korea has become the most successful in a series of developing countries that have succeeded through borrowing foreign technology rather than by generating new products or processes
Analysis
South Korea Economic conditions
Bibliography
Includes bibliographical references (pages 331-352)