IDEAS home Printed from https://ideas.repec.org/a/sae/intare/v9y2006i1p59-85.html
   My bibliography  Save this article

Strategies to Accelerate Industrialization* of FIJI*

Author

Listed:
  • Seung Jin Kim

Abstract

The terms of trade that Fiji faces in the post-growth period will deteriorate as the international price of her exports (i.e., agricultural products) tends to increase less rapidly compared with that of her imports (i.e., manufacturing products). This deterioration of the terms of trade facing the Fijian exporters could offset the normal gains associated with growth over time. Therefore Fiji should accelerate industrialization immediately as her national goal. In order for Fiji to successfully accelerate industrialization, the government should establish a set of basic principles as follows: (a) condensed growth, (b) light manufacturing industrialization first, heavy and chemical industrialization later, (c) government initiatives, (d) foreign capital inducement and export-led growth, and (e) growth primacy. Based on the above principles of Fiji's industrialization, the following development strategies should be adopted: (a) Leadership commitment for industrialization, (b) Government-led development strategy, (c) Outward-looking development strategy, (d) Growth-first-distribution-later policy, (e) Domestic resources mobilization and foreign capital inducement, (J) Human resource development, (g) Environmentally sustainable development To fully moderni=e Fiji on her track of industrialization, the following development strategies should be adopted: (a) Village movement, (b) Promoting economic and social status of indigenous Fijians, and (c) Nation building

Suggested Citation

  • Seung Jin Kim, 2006. "Strategies to Accelerate Industrialization* of FIJI*," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 9(1), pages 59-85, March.
    • Handle: RePEc:sae:intare:v:9:y:2006:i:1:p:59-85
    DOI: 10.1177/223386590600900104
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/223386590600900104
    Download Restriction: no
    File URL: https://libkey.io/10.1177/223386590600900104?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Il SaKong, 1993. "Korea in the World Economy," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 29, January.
    2. Soon Cho, 1994. "Dynamics of Korean Economic Development, The," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 25, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Moosa, Imad A. & Choe, Chongwoo, 1998. "Is the Korean economy export-driven?," Economic Modelling, Elsevier, vol. 15(2), pages 237-255, April.
    2. Marcus Noland, 2007. "South Korea's Experience with International Capital Flows," NBER Chapters, in: Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, pages 481-528, National Bureau of Economic Research, Inc.
    3. Choe, Chongwoo & Moosa, Imad A., 1999. "Financial System and Economic Growth: The Korean Experience," World Development, Elsevier, vol. 27(6), pages 1069-1082, June.
    4. Marcus Noland & Howard Pack, 2002. "Industrial Policies and Growth: Lessons From International Experience," Central Banking, Analysis, and Economic Policies Book Series, in: Norman Loayza & Raimundo Soto & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series Editor) (ed.),Economic Growth: Sources, Trends, and Cycles, edition 1, volume 6, chapter 9, pages 251-308, Central Bank of Chile.
    5. Jonathan Hao & William C. Hunter & Won Keun Yang, 1999. "Deregulation and efficiency: the case of private Korean banks," Working Paper Series WP-99-27, Federal Reserve Bank of Chicago.
    6. Martin Neil Baily & Eric Zitzewitz, 1998. "Extending the East Asian Miracle: Microeconomic Evidence from Korea," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 29(1998 Micr), pages 249-321.
    7. Heather Smith, 1999. "The Failure of Korea Inc," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 6(2), pages 153-166.
    8. Gian Maria Milesi Ferretti & Assaf Razin, 1999. "Current Account Deficits and Capital Flows in East Asia and Latin America: Are the Early Nineties Different From the Early Eighties," NBER Chapters, in: Changes in Exchange Rates in Rapidly Developing Countries: Theory, Practice, and Policy Issues, pages 57-108, National Bureau of Economic Research, Inc.
    9. Mike Hobday, 1994. "Export‐led Technology Development in the Four Dragons: The Case of Electronics," Development and Change, International Institute of Social Studies, vol. 25(2), pages 333-361, April.
    10. Argentino Pessoa, 2005. "Reforma Económica e Convergência," Notas Económicas, Faculty of Economics, University of Coimbra, issue 21, pages 35-56, June.
    11. Harvie, Charles & Lee, Hyun-Hoon, 2003. "Export-Led Industrialisation and Growth - Korea's Economic Miracle 1962-89," Economics Working Papers wp03-01, School of Economics, University of Wollongong, NSW, Australia.
    12. Byoungki KIM, 2007. "How Roads and Electricity Development Contribute to Rural Development in Lao People's Democratic Republic," GSICS Working Paper Series 14, Graduate School of International Cooperation Studies, Kobe University.
    13. Argentino Pessoa, 2004. "Institutional innovations, growth performance and policy," ERSA conference papers ersa04p157, European Regional Science Association.
    14. Pack, Howard, 2000. "Industrial Policy: Growth Elixir or Poison?," The World Bank Research Observer, World Bank, vol. 15(1), pages 47-67, February.
    15. Müller, Ralf, 2001. "Korean Unification and Banking System - An Analysis in View of German Experiences and Korean Differences," IWH Discussion Papers 139/2001, Halle Institute for Economic Research (IWH).
    16. Noland, Marcus, 2010. "Post-conflict planning and reconstruction: lessons from the American experience in Korea," MPRA Paper 23533, University Library of Munich, Germany.
    17. Dianqing Xu & Ling Li, 1998. "Crisis management in Asian countries," Global Economic Review, Taylor & Francis Journals, vol. 27(3), pages 14-29.
    18. Andrew Sumner, 2006. "Why Are We Still Arguing about Globalisation," Working Papers id:538, eSocialSciences.
    19. Yoo, Jang-Hee & Moon, Chul Woo, 1999. "Korean financial crisis during 1997-1998 Causes and challenges," Journal of Asian Economics, Elsevier, vol. 10(2), pages 263-277.
    20. Yoonhee Tina Chang, 2006. "Role of Non-Performing Loads (NPLs) and Capital Adequacy in Banking Structure and Competition," Working Papers 06-15, Centre for Competition Policy, University of East Anglia.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:intare:v:9:y:2006:i:1:p:59-85. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.hufs.ac.kr/user/hufsenglish/re_1.jsp .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.