Third World Industrialization In The 1980s

First published in 1984, this work explores the issues surrounding the industrialisation of the Third World at the beginning of the 1980s. The expectation that Newly Industrialising Countries would facilitate industrial growth via an outward-orientated strategy had begun to be the combination of growing recession, growing protectionism and the diffusion of radical microelectronics-related technical change. In addition, the high indebtedness of developing countries made them increasingly dependent on assistance from the IMF and IBRD, whose policies increased the tendency towards de-industrialisation. The papers in this volume explore all of these issues and their implication for LDC industrial strategy in the 1980s.

Explores the issues surrounding the industrialisation of the Third World at the beginning of the 1980s. This book examines the expectation that Newly Industrialising Countries would facilitate industrial growth via an outward-orientated strategy had begun to be the combination of growing recession and growing protectionism.

First published in 1984, this work explores the issues surrounding the industrialisation of the Third World at the beginning of the 1980s. The expectation that Newly Industrialising Countries would facilitate industrial growth via an outward-orientated strategy had begun to be the combination of growing recession, growing protectionism and the diffusion of radical microelectronics-related technical change. In addition, the high indebtedness of developing countries made them increasingly dependent on assistance from the IMF and IBRD, whose policies increased the tendency towards de-industrialisation. The papers in this volume explore all of these issues and their implication for LDC industrial strategy in the 1980s.

Harris assesses the development of the Asian Gang of Four (Hong Kong, South Korea, Taiwan, and Singapore) and the two largest Latin American countries (Taiwan, and Singapore) and the two largest Latin American countries (Mexico and Brazil), and describes a newly emerging global economy that is now superseding the old national state and politics based on it.

Developing countries have undergone significant industrialization in the last three decades. Yet industrial growth reveals marked spatial inequalities in terms of both country and location. The Newly Industrialised Countries have achieved spectacular growth in sharp contrast to many other countries of the South. Industrial structure has changed, moving away from labour intensive industries to more technologically advanced manufacturing. Developing countries have had considerable success in penetrating developed country markets but they are now encountering more market restrictions. The role of the government in the development of the economy is also changing. Increasingly, countries are turning towards export-orientated industrialization strategies and privatization whilst their governments are emphasising their facilitative role.

In third-world countries an increasing number of people have been drawn into the process of industrialization as wage workers. The analyses here presented cover the limits set by workers to exploitation in workshop production, ethnicity as a workers' strategy, the role of workers' absenteeism and turnover, and labour strategies in a situation of recession and de-industrialisation. Using a historical approach labour migration, union strategy for democratisation, and the world-scale pattern of labour unrest are studied as outcomes of social conflict.

A collection of essays by a number of internationally-known economists, this book is essential reading for those interested in development policy in the Third World. It provides new insights on a number of long-standing controversies about development policy in such fields as external constraints, import substitution, the debt problem, direct foreign investment, counter-trade, IMF conditionality and the impact of currency devalutation.