Korea’s postwar development relied on an industrial policy that favoured some sectors over others and some firms over others.
Category: history of economic growth
An Economic History of Taiwan
The Taiwanese government actively intervened to promote the country’s industrialization. It was the country to use export promotion as a development strategy.
Chinese Politics in the Time of Deng Xiaoping
The era in which Deng Xiaoping restructured the Chinese economy was also an era of social unrest, both within China and in the Eastern Bloc.
The Chinese Economy after Mao
After the death of Mao, China introduced new economic policies that dramatically increased its rate of economic growth.
The Indian Economy before Independence
India’s economic policy after independence was constrained by the resources available to it. India’s agriculture was inefficient and its industry was largely traditional. With the critical exception of irrigation, India’s Infrastructure was well-developed.
Indian Socialism: 1947-1966
Nehru’s socialism determined the nature of India’s economic policy. These policies weere ineffective in the agricultural and industrial sectors of the economy.