Asian Industrialization and Africa: Studies in Policy Alternatives to Structural Adjustment (International Political Economy Series)

Drawing on the case-studies from the industrialization of East and Southeast Asian nations, this book critically examines the structural adjustment policies used in Africa in the last decade. The volume begins to construct an alternative model of economic reform for Africa based on transforming not retracting the state institutions and policies needed to promote industrialization. The Asian country studies include Singapore, Malaysia, Taiwan, South Korea, Hong Kong, and Meiji Japan. Policy alternatives to adjustment are proposed in areas such as infrastructure, social overhead capital, agriculture, trade, foreign investment, credit and finance and the organization of industry. Front Matter....Pages i-xvii Policy Alternatives to Structural Adjustment in Africa: An Introduction....Pages 1-29 The World Bank, Neo-Classical Economics and the Application of Asian Industrial Policy to Africa....Pages 31-52 Japan’s Industrial Development, 1868–1939: Lessons for Sub-Saharan Africa....Pages 53-85 The Korean Miracle (1962–80) Revisited: Myths and Realities in Strategies and Development....Pages 87-143 The State as Agent: Industrial Development in Taiwan, 1952–1972....Pages 145-181 Colonialism and Entrepreneurship in Africa and Hong Kong: A Comparative Perspective....Pages 183-203 Foreign Investment, the State and Industrial Policy in Singapore....Pages 205-238 East Asia and Industrial Policy in Malaysia: Lessons for Africa?....Pages 239-256 Back Matter....Pages 257-284 Drawing on the case-studies from the industrialization of East and Southeast Asian nations, this book critically examines the structural adjustment policies used in Africa in the last decade. The volume begins to construct an alternative model of economic reform for Africa based on transforming not retracting the state institutions and policies needed to promote industrialization. The Asian country studies include Singapore, Malaysia, Taiwan, South Korea, Hong Kong, and Meiji Japan. Policy alternatives to adjustment are proposed in areas such as infrastructure, social overhead capital, agriculture, trade, foreign investment, credit and finance and the organization of industry.
Drawing on case-studies from the industrialization of East and Southeast Asian nations, this text critically examines the structural adjustment policies used in Africa since the 1980s. The Asian country studies include Singapore, Malaysia, Taiwan, South Korea, Hong Kong and Meiji Japan.