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Industrial development in Asia: Trends in industrialization and industrial policy experiences of developing Asia

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  • Ha-Joon Chang
  • Kiryl Zach

Abstract

Industrial transformation of Asia arguably constitutes the most surprising and dramatic change in the global economy in the last fifty years. This paper provides an outline of some of the most important trends of this development and analyses selected national industrial policies that promoted structural transformation in developing Asia during the period. In the first part, we describe crucial dimensions of industrialization in the region—its extent, its historical trajectory, and the resulting industrial upgrading.

Suggested Citation

  • Ha-Joon Chang & Kiryl Zach, 2018. "Industrial development in Asia: Trends in industrialization and industrial policy experiences of developing Asia," WIDER Working Paper Series wp-2018-120, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2018-120
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2018-120.pdf
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    References listed on IDEAS

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    Cited by:

    1. Saon Ray & Smita Miglani, 2020. "India's GVC integration: An analysis of upgrading efforts and facilitation of lead firms," Indian Council for Research on International Economic Relations (ICRIER) Working Paper 386, Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India.
    2. Deepak Nayyar, 2018. "Rethinking Asian Drama," WIDER Working Paper Series wp-2018-150, World Institute for Development Economic Research (UNU-WIDER).
    3. Park, Yuri & Plottier, Cecilia, 2020. "Korean FDI in Latin America and the Caribbean: A partner for sustainable development," Documentos de Proyectos 45097, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Deepak Nayyar, 2018. "Rethinking Asian Drama," WIDER Working Paper Series 150, World Institute for Development Economic Research (UNU-WIDER).

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