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Post-industrial development in East Asia : Taiwan and South Korea in comparison

Author: Min-Hua Chiang
Publisher: Singapore : Palgrave Macmillan, 2018.
Series: Palgrave pivot.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This book purports to investigate and compare the economic development experiences in both Taiwan and South Korea in last two decades. Taiwan and South Korea's economic development after WWII is a well-known story. However, their development after the successful post-war industrialization has not been comprehensively studied. The book examines whether the three factors - the role of private business, government  Read more...
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Genre/Form: Electronic books
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Min-Hua Chiang
ISBN: 9789811302749 981130274X
OCLC Number: 1038068086
Description: 1 online resource.
Contents: Intro; Contents; List of Figures; List of Tables; Chapter 1: Introduction; Similar Post-War Development Paths; Some Differences; Theoretical Explanations; Private Enterprises' Contribution to the Economic Boom; The State Policy; The US Factor; AFC as a Watershed; South Korea's Relatively More Resilient Economy; South Korea's GDP per Capita Has Surpassed Taiwan Since 2003; More Rapid Growth of Taiwan's Income Inequality Ratio; South Korea Received More FDI than Taiwan; South Korea's Relatively Lower Unemployment Rate; Research Questions, Objectives, Strategies, and Organization of the Book ConclusionReferences; Chapter 3: The Changing Role of SMEs in Taiwan's and South Korea's Economies; SMEs in Taiwan's and South Korea's Economy: A Comparison; Definitions of SMEs; Changing Importance of SMEs in Taiwan's and South Korea's Economies; Comparison of SMEs in Taiwan's and South Korea's Manufacturing Sectors; Comparison of SMEs in Taiwan's and South Korea's Services; Comparing the Main SME Policies of Both Governments; Conclusion; References; Chapter 4: Comparing Governments' Policies in Promoting Economic Growth (I): Industrial Upgrading Policies Manufacturing-Driven Economic Growth Despite Large Presence of Services in the EconomyThe need for industrial upgrading; Overview of Taiwan's Industrial Upgrading Policies; Overview of South Korea's Main Industrial Upgrading Policies; Changes in export commodities; Strong Reliance on Foreign Technology Despite the Large R&D Spending; Conclusion; References; Chapter 5: Comparing Governments' Policies in Promoting the Economic Growth (II): Free Trade Policy; Taiwan's FTA Strategy: FTAs as Diplomatic Breakthrough; South Korea's FTA Strategy: FTA as an Engine for Economic Growth Comparison of Taiwan and South Korea's Merchandise Trade DevelopmentComparison of Taiwan's and South Korea's Service Trade Development; Conclusion; References; Chapter 6: New Challenges Ahead (I): Growing Income Inequality; Measuring Income Inequality; Growing Income Inequality After the Hollowing Out of Manufacturing Production; Wage Differences by Company's Size and by Type of Contract; Employees' Wage Stagnation Versus Business Owners' Wealth Expansion; Rising Housing Prices Increasing Income Inequality; Conclusion; References; Chapter 7: New Challenges Ahead (II): Aging Population
Series Title: Palgrave pivot.
Responsibility: Min-Hua Chiang.

Abstract:

This book purports to investigate and compare the economic development experiences in both Taiwan and South Korea in last two decades. Taiwan and South Korea's economic development after WWII is a well-known story. However, their development after the successful post-war industrialization has not been comprehensively studied. The book examines whether the three factors - the role of private business, government policy, and foreign influence - that had contributed to Taiwan’s and Korea's post-war development, are still relevant during the post-industrial development era.

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