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An Industrial Development Strategy for Indonesia: Lessons from the South Korean Experience

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  • Chuk Kim

Abstract

The most important feature of South Korea's industrial development policy during the past several decades is its integrated approach to industrial development. Trade policy, human-resource development policy, and technology policy were well coordinated and complementary to industrial policy. An integrated policy approach to industrial development appears still to be relevant today for developing countries, including Indonesia. Based on this policy concept, the paper suggests national policy directions for Indonesia's industrial development through investment, trade, technology, human-resource and SME development policies.

Suggested Citation

  • Chuk Kim, 2005. "An Industrial Development Strategy for Indonesia: Lessons from the South Korean Experience," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 10(3), pages 312-338.
    • Handle: RePEc:taf:rjapxx:v:10:y:2005:i:3:p:312-338
    DOI: 10.1080/13547860500163589
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    References listed on IDEAS

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    1. World Bank, 2001. "Indonesia : Private Sector Development Strategy," World Bank Publications - Reports 14959, The World Bank Group.
    2. Sanjaya Lall, 2001. "Competitiveness, Technology and Skills," Books, Edward Elgar Publishing, number 2298.
    3. Marcel P. Timmer, 2000. "The Dynamics of Asian Manufacturing," Books, Edward Elgar Publishing, number 1927.
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    Cited by:

    1. Kwack, Sung Yeung & Lee, Young Sun, 2006. "Analyzing the Korea's growth experience: The application of R&D and human capital based growth models with demography," Journal of Asian Economics, Elsevier, vol. 17(5), pages 818-831, November.
    2. Mwangi wa Githinji & Olugbenga Adesida, 2011. "Industrialization, Exports and the Developmental State in Africa: The Case for Transformation," UMASS Amherst Economics Working Papers 2011-18, University of Massachusetts Amherst, Department of Economics.
    3. Permani Risti, 2011. "The Impacts of Trade Liberalisation and Technological Change on GDP Growth in Indonesia: A Meta Regression Analysis," Global Economy Journal, De Gruyter, vol. 11(4), pages 1-30, December.

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