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The rise of "the rest" : challenges to the west from late-industrializing economies / Alice H. Amsden.Material type: BookPublisher: Oxford ; New York : Oxford University Press, 2001Description: vi, 405 p. ; 23 cm.Content type: text Media type: unmediated Carrier type: volumeISBN: 9780195170597 (pbk.) .Subject(s): Industrialization -- Developing countries -- History | Competition, International | Developing countries -- Economic conditions -- 20th centuryDDC classification: 338.90091724 AMS Online resources: Table of contents
|Item type||Current location||Call number||Status||Date due||Barcode|
|Book||Indian Institute for Human Settlements, Bangalore||338.90091724 AMS 007955 (Browse shelf)||Available||007955|
Includes bibliographical references (p. 335-385) and index.
Industrializing late --
The handloom weavers' bones --
Tribulations of technology transfer --
Three-pronged investment --
Manufacturing experience matters --
Speeding up --
Selective seclusion --
National firm leaders --
From mechanisms of control to mechanisms of resistance --
"The rest will rise again."
"After a century of struggle, a dozen non-Western countries with Pre-World War II manufacturing experience succeeded in entering the orbit of modern industry. The rise of "the rest" was historically unprecedented. For the first time, countries without the competitive asset of proprietary, pioneering technology became economic powers. How industrialization among these prime latecomers succeeded, why it followed a novel path, and what some countries did to advance farther than others are the questions this book addresses.".
"The same seed was contained in all "the rest's" rise, a seed that had first germinated in Japan and then grew as might plants in clay pots of differing sizes and shapes, spanning Latin America (Argentina, Brazil, Chile and Mexico), the Middle East (Turkey), and Asia (India, China, Korea, Taiwan, Malaysia, Indonesia and Thailand). To industrialize by borrowing already-commercialized technology, devoid of the radically new products and processes that had enriched the North Atlantic, "the rest's" rise involved intense learning, an extensive role for the government, and the formation of specific types of business enterprise. Indeed, the rest's unique reciprocal control mechanism differed from Adam Smith's invisible hand and served to reduce government failure and firm mismanagement.".
"By the 1990s, two distinct varieties had taken root. All economies of "the rest" had become more globalized, but the "integrationists" (epitomized by Mexico's affiliation to the North Atlantic Free Trade Agreement and Argentina's adoption of a dollar-based currency board) were characterized by heavy reliance on foreign direct investment and minimal local expenditure on skills (as measured by research and development). The "independents," led by China, India, Korea and Taiwan, were notable for their nationally controlled firms and surging investments in technological capabilities."--BOOK JACKET.