The Dynamics of Socio-Economic Development

by Adam Szirmai,  www.dynamicsofdevelopment.com

 

 

CHAPTER 9: Industrial Development

This chapter focuses on industrialisation experiences and industrialisation strategies in developing countries, since 1945. The chapter opens with a discussion of the inward-looking industrialisation strategies of the post-war period. As time passed, the shortcomings of the post-war approaches became more apparent. Alternatives arose such as unbalanced growth, the balanced growth path approach, encouraging small scale and informal enterprises and in particular export-oriented industrialisation. In the discussion of export-oriented industrialisation, the role of multinational enterprises and the emergence of global production chains receive special attention.


The tables in this chapter present data on manufacturing value added, manufactured exports and foreign direct investment.

List of Tables

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9.2: Growth of manufactured exports, 1960-2010

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9.3: Manufactured exports as percentage of GDP, 1960-2010

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9.4: FDI as percentage of GDP and total fixed capital formation, 1950-2011

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9.5: Growth of manufacturing GDP, 1950-2010

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9.6: Aggregate growth in industry and manufacturing, 1960-2010

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9.7: Share of developing countries in world manufacturing value added, 1960-2010

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9.8: Share of developing countries in world manufactured exports, 1963-2010

 

 

 

copyright 2004: Adam Szirmai - design: Rik Luiten - last update: 03/02/2015