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The Spread of Modern Industry to the Periphery since 1871$
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Kevin Hjortshøj O'Rourke and Jeffrey Gale Williamson

Print publication date: 2017

Print ISBN-13: 9780198753643

Published to Oxford Scholarship Online: March 2017

DOI: 10.1093/acprof:oso/9780198753643.001.0001

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East Asian Industrial Pioneers

East Asian Industrial Pioneers

Japan, Korea, and Taiwan

(p.169) 8 East Asian Industrial Pioneers
The Spread of Modern Industry to the Periphery since 1871

Kevin Hjortshøj O’Rourke

Jeffrey Gale Williamson

Oxford University Press

The successful industrial growth spurts of Japan, South Korea, and Taiwan in the twentieth century shared many features, including an emphasis on manufacturing and export promotion, and newly established governments that actively supported structural change. Less obvious are the differences in their domestic institutions, external trade environments, geopolitical considerations, and strategies for continued growth. Japanese industrial growth began at the turn of the century, following the patterns set by the United Kingdom and the United States, while both South Korea and Taiwan emerged as major industrial countries only after the Second World War. Noted for the rapidity of their industrial growth performance, perhaps even more remarkable was how these were sustained given the experiences of their contemporaries in the industrial periphery.

Keywords:   Japan, South Korea, Taiwan, manufacturing, economic history, export promotion, economic policy, economic institution, economic history

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