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Heavy-Chemical Industrial Promotion Policy (1973-79) in Korea
 
Author : SungSup Rhee
Publish Date : 2008/12/01
Summary

Aims of the Study

l  To introduce the HCIPP(Heavy-Chemical Industrial Promotion policy)as successful case of industrial promotion policy

l  To highlight the Institutional Approach as new analytical apparatus of development studies

l  To identify the institutional mechanism of how industrial policy operates to hold effectiveness

 

 Entrepreneurial Political Leadership

l  Political leadership and innovative Public Administration

l  Chronicles of Implementation Steps of Heavy-Chemical Industrialization Policy

 

 Heavy-Chemical Industrial Promotion Policy (1973-79)

l  Planned Target Export Structure of Heavy-Chemical Industries

l  Yearly Export Plan for Manufacturing Products

l  Heavy-Chemical Industrial Site Construction Plan

l  Export Composition of Light vs. H-C Industrial Products

 

 Institutional Mechanism of Industrial Policy Operation

l  Common Territory between Market Economy and Public Choice

l  Industrialization and Public Entrepreneurship

 

 Industrialization Strategy

l  EP(entrepreneurship) Path

l  LF(Laissez Faire) Path

 

 Economic Development and Development of Market Institutions

l  An Institutional Model of Economic Development

l  Chronology of Trade Policy Changes

l  Intervention and Innovation in Financial Market

 

 Conclusive Points

l  Industrialization is the Establishment of Industrial Base for the Production of Tradable Goods.

l  Entrepreneurial Political Leadership is the Prerequisite for the success of Industrial Policy Operation.

l  With the Implementation of Innovative Public Policies, Positive Government Roles are justified.

l  Institutional Development and Economic Development Progress in Tandem.


Contents
I. Introduction
II. The Operational Flow of the Heavy-Chemical Industrialization Policy Implementation
III. Implementation Programs of the Heavy-Chemical Industrialization Promotion Policy
IV. Intervention in Financial Markets and Institutional Innovation
V. Public Domain and Entrepreneurship
VI. Performance Assessment of the Heavy-Chemical Industrial Policy
VII. Meaning and Lessons of the HCIPP
¥·. Conclusion
Reference
[Appendix I]
[Appendix II]
Building a Production System of Tradable Goods
[Appendix III]
Institutional Backwardness and Public Administration

 
Reference Materials
   Korea's Development
     Adaptive Implementation of the Five-Year Economic Development Plans
     Heavy-Chemical Industrial Promotion Policy (1973-79) in Korea
     Financing Economic Development: The Korean Experience
     Reforestation
     Value Added Taxation (VAT) in Korea: Experience and Lessons
 
Attach File
   Cases and Analyses.pdf