Abstract

We studied Korea, Taiwan and Hong Kong in the last three chapters. The principal purpose was to compare their record, seeking common themes, and looking for such differences among them that illuminate the catching up process. For example, Taiwan has achieved a growth record comparable to Korea in pace but more stable in profile, with no foreign debt but vibrant SMEs. Hong Kong industrialized under laissez faire, without starting with an import-substituting regime as Korea and Taiwan did. Both Hong Kong and Taiwan have indigenous SMEs free to operate with any domestic or foreign firms, while the basic premise of the Korean development strategy is that the State must nurture giant business groups to compete in the world market. We now study Singapore in the same spirit.

Keywords

Europe Petroleum Steam Shipping Amid 

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References

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Copyright information

© Springer Science+Business Media New York 2004

Authors and Affiliations

  • Henry Y. WanJr.

There are no affiliations available

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