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Asia's Next Giant – South Korea and Late Industrialization - Oxford Scholarship Online
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Asia's Next Giant: South Korea and Late Industrialization

Alice H. Amsden


South Korea has been quietly growing into a major economic force that is even challenging some Japanese industries. This book examines South Korean economic growth as an example of “late industrialization,” a process in which a nation's industries learn from earlier innovator nations rather than innovate themselves. Discussing state intervention, shop‐floor management, and big business groups, the reasons are explored for South Korea's phenomenal growth, paying special attention to the principle of reciprocity in which the government imposes strict performance standards on those industries and ... More

Keywords: economic development, economic growth, government control, Japan, late industrialization, reciprocity, South Korea, Taiwan

Bibliographic Information

Print publication date: 1992 Print ISBN-13: 9780195076035
Published to Oxford Scholarship Online: November 2003 DOI:10.1093/0195076036.001.0001


Affiliations are at time of print publication.

Alice H. Amsden, author
on leave from Harvard Business School
Author Webpage