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.