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A study on international comparisons of processes and policies for developing heavy and chemical industries

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Frame of Image eavy and Chemical Industries
Published December 27, 2013 in Korea by KIET ⓒ 2013 KIET ISBN 978-89-5992-599-5 93320
Foreword
Korea’s success in eradicating poverty and developing its economy through industrialization provides a valuable lesson to many developing countries. One of the best illustrations of how this process unfolded can be found in heavy and chemical industries (HCI), an area that marked a major turning point in the economic structure’s gradual move forward from light industry to ICT and other high technology. Given that similar policies in other developing countries ended as often in failure as in success, however, an international comparison is needed if the factors are to be properly understood. This study compares Korea’s HCI process and policies with those of four other countries that attempted an HCI push over the same period: Taiwan, the Philippines, Brazil, and Algeria. These countries were chosen not only because they offered the most representative examples of HCI drives for their respective continents, but also because of the stark contrasts in their methods, policies, and performance. By comparing different countries’ approaches to HCI development, it may be possible to uncover new perspectives in assessing the approach of any single country. This kind of country-by-country comparison is especially crucial because the process is still ongoing. First, by reexamining and objectively reevaluating Korea’s HCI push, it may be possible to identify numerous


Full Text
Title A study on international comparisons of processes and policies for developing heavy and chemical industries
Similar Titles
Material Type Reports
Author(English)

Kim, Do Hoon; Oh, Young Seok; Kim, Kye Hwan; Abrenica, Ma Joy V.; Pinheiro, Mauricio Canedo; Yun, CHEN Tsung

Publisher

Seoul:Korea Institute for Industrial Economics & Trade

Date 2013
Series Title; No Research Report / 2013-676
ISBN 978-89-5992-599-5 93320
Pages 253
Subject Country Algeria(Africa)
Brazil(Americas)
Philippines(Asia and Pacific)
South Korea(Asia and Pacific)
Taiwan(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < General
Holding KIET; KDI School