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Industrialization, Trade, and Market Failures

Industrialization, Trade, and Market Failures

Hardcover

Business GeneralEconomicsGeneral Political Science

ISBN10: 0312122233
ISBN13: 9780312122232
Publisher: Springer Nature
Published: Jan 11 1995
Pages: 227
Weight: 0.94
Height: 0.92 Width: 5.67 Depth: 8.78
Language: English
This book challenges the established, neoclassical view of industrial success in developing countries. By re-examining the role of government intervention in the industrialization of Brazil and South Korea, it seeks to show that the key to industrial success does not lie in a simple combination of outward-orientation and laissez-faire, but in the government's success in remedying crucial market failures in the product and factor markets.

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