Industrialization in Late-developing ASEAN Countries - 9789971694036

Industrialization in Late-developing ASEAN CountriesCambodia, Laos, Myanmar and Vietnam\nAuthor(s): Naoko Amakawa\nFormat: Paperback\nPublisher: NUS Press, Singapore\nImprint: NUS Press\nISBN-13: 9789971694036, 978-9971694036\nSynopsis\nLate industrializing countries are able to pick strategies for economic development based on the experiences of countries that preceded them. Cambodia, Laos, Myanmar and Vietnam (the CLMV countries) were closed off from the international community for many years, and they began to embrace a market economy at around the same time. Each bypassed the import-substitution strategy adopted by other Southeast Asian countries and began industrialization efforts with export growth funded by Foreign Direct Investment.\n\nThe outcomes differed significantly owing to geographical location, government policies, and internal economic conditions. Industrialization in Late-Developing ASEAN Countries explores these differences through case studies based on an extended.