Industrialization and Development in the Third World

By: Rajesh Chandra

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Paperback | 7 May 1992 | Edition Number 1

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Paperback
144 Pages

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21.8 x 14.2 x 1.2

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Developing countries have experienced significant industrialization in the last three decades. Yet industrial growth--although the primary development strategy for most developing countries--reveals marked spatial inequalities in terms of both country and location.
This comprehensive introduction to Third World industrialization describes contemporary processes and patterns within the context of historical development. The Newly Industrialized Countries (NICs) have achieved spectacular growth in sharp contrast to many other countries of the South. Industrial structure has changed, moving away from labor intensive industries to more technologically advanced manufacturing. Developing countries have had considerable success in penetrating developed country markets, but are now encountering more market restrictions.
The role of the government in the development of the economy is also changing. Increasingly, countries are turning towards export-oriented industrialization strategies and privatization while their governments are emphasizing their facilitative role. "Industrialization and Development in the Third World" will provide a valuable introduction to students interested in understanding the development process in the Third World.

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