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Making sense of the failure of rapid industrialisation in the Philippines

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  • King, Elisa B.

Abstract

This paper examines the reason(s) for the inability of the Philippines to achieve rapid industrial and economic growth. The examination is developed against the backdrop of long-term historical evidence provided by early (US and UK) and late (Japan, South Korea, and Taiwan) industrialised economies. Technological capability and productivity (or lack of it) in a few strategic industries lie behind the profound contrasts in performance between the Philippines and the other countries. This finding goes beyond the current debate in the Philippines over trade policies, that is, whether to adopt an open or protectionist regime. I posit that what is needed is a deepened industrial structure produced as a result of innovation and learning, and most importantly, a coherent innovation and production system.

Suggested Citation

  • King, Elisa B., 2007. "Making sense of the failure of rapid industrialisation in the Philippines," Technology in Society, Elsevier, vol. 29(3), pages 295-306.
    • Handle: RePEc:eee:teinso:v:29:y:2007:i:3:p:295-306
    DOI: 10.1016/j.techsoc.2007.04.002
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    References listed on IDEAS

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    5. Mr. R. Brooks, 2002. "Why is Unemployment High in the Philippines?," IMF Working Papers 2002/023, International Monetary Fund.
    6. Balisacan, Arsenio M. & Hill, Hal (ed.), 2003. "The Philippine Economy: Development, Policies, and Challenges," OUP Catalogue, Oxford University Press, number 9780195158984.
    7. Chris Freeman & Luc Soete, 1997. "The Economics of Industrial Innovation, 3rd Edition," MIT Press Books, The MIT Press, edition 3, volume 1, number 0262061953, April.
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    Cited by:

    1. Jun Zhang & Jiangquan Wang & Linling Zhang & Lei Zhao, 2022. "Impact of industrialization on China’s regional energy security in the New Era," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(6), pages 8418-8440, June.
    2. Coccia, Mario, 2023. "New Perspectives in Innovation Failure Analysis: A taxonomy of general errors and strategic management for reducing risks," Technology in Society, Elsevier, vol. 75(C).

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