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The spread of the manufacturing industry is an important part of economic
development, creating jobs, new products and trade and investment links between
countries. Understanding this process is an important part of understanding how
countries develop and how they are affected by current globalization. The
economic geography of the world has been changing significantly in the last few
decades with old established industrial centres in the developed countries in
decline, and new centres emerging in countries that were once thought of as
poor and still developing. However, this process has been very uneven with some
parts of the developing world still largely non-industrial.
This book aims to explain this process from the perspective of developing
countries. It charts current trends in industrial development drawing on
available statistics and explores different perspectives on the role the
manufacturing industry can play.
The book covers topics including:
aspects of trade policy as they affect industry the international rules of
the World Trade Organisation the network of links between firms in different
parts of the world economy.
Separate chapters examine: the special role of small firms and of technology
in industrialisation government policy towards the encouragement of industry,
drawing particularly on the experience of economies in East Asia (the original
Asian Tigers) recent developments in China and India and their implications for
other countries.
The book draws on simple concepts of economic theory but avoids a technical
mathematical approach and should be accessible to a wide audience. It extends
and updates the author’s earlier work on industrialisation published by
Routledge ( Industry in Developing Countries , 1990 and Industrialisation and
Globalisation , 2002) and aims to present a comprehensive overview of these
important contemporary issues. The book is suitable for both undergraduate and
graduate level courses, but will also be invaluable to professionals working in
development.