Industrialization and Growth: A Comparative Study (World Bank Research Publications) Book

A variety of new patterns of industrial development--from the export-led growth of the Republic of Korea and Taiwan to the more inward-oriented growth of Colombia and Turkey--has emerged in the postwar period. This book provides an examination of these patterns. Applying a common analytical framework to the postwar experiences of nine industrializing economies, the authors determine the sources of industrialization and the relations between industry and agriculture. From this analysis, they derive three main patterns of industrialization, along with the policy implications of these patterns. The authors consider topics ranging from typical patterns of transformation and the methodology of multisector comparative analysis to statistical analysis of growth in semi-industrial countries, concluding with an overview of development strategy that analyzes alternative routes to development and suggests a synthesis of growth and structure.Read More