By Yujiro Hayami
A conventional paradigm in improvement economics assumes that the method of recent monetary development is linked to an enormous shift in hard work from rural hinterlands to city business facilities. besides the fact that, the common sense of monetary improvement doesn't dictate that industrialization and urbanization are intertwined and inseparable, as assumed within the conventional paradigm. The reviews stated during this quantity research no matter if an alternate course of monetary improvement may exist during which the fashionable creation base additionally strikes into the agricultural zone rather than the agricultural hard work strength on my own entering into the city quarter. half I specializes in historic reviews in Japan corresponding to technical and institutional concepts in rice advertising, and the formation of Toyota's courting with providers. half II experiences on present advancements in East Asia together with the agricultural garment and weaving industries in Northern Thailand, and rural entrepreneurship and business improvement in Korea.
Read Online or Download Toward the Rural-Based Development of Commerce and Industry: Selected Experiences from East Asia (Edi Learning Resources Series) PDF
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Extra info for Toward the Rural-Based Development of Commerce and Industry: Selected Experiences from East Asia (Edi Learning Resources Series)
Is there a prospect for developing countries today to follow a similar pattern of ruralbased development in commerce and industry? If sufficient entrepreneurship can be mobilized in rural communities, then perhaps this is possible. A recent pilot study for Indonesia (Hayami and Kawagoe 1993) found that local marketing systems (consisting of a large number of petty traders and processors based in rural villages) work efficiently in economizing on the use of scarce capital and educated manpower, while making intensive use of local resources, especially labor that has a low opportunity cost.
His publications include Micro-Economic Reform in China (with K. Otsuka and N. Murakami; Nihon Keizai Shinbunsha, 1995) and "Technical and Allocative Efficiency among Socialist Enterprises: The Case of the Garment Industry in China," Journal of Comparative Economics (with K. Otsuka and N. Murakami; vol. 19, 1994). AKIHIKO OHNO Akihiko Ohno is an associate professor of economics at Osaka City University, where he teaches development economics, with a focus on Asian economies. His recent English publications include "Modernizing Agents and Organizational Adaptation of Factory Workers in Thailand," The Developing Economies (vol.
The studies reported in this volume examine whether there is an alternate route to economic development in which there is movement of the modern production base into the rural sector, rather than migration of the rural labor force into the urban sector. In this alternative path, widespread rural industrial activities could be organized in a decentralized manner by exploiting not only the physical labor but also the entrepreneurial ability of rural peopletwo resources that were underutilized in the past.