Economic Development, Education and Transnational Corporations

By Mark Hanson

Series: Routledge Studies in Development Economics 

List Price: $150.00

Add to Cart

About the Book

In the early 1960s, Mexico and South Korea were agrarian societies and both equally undeveloped. The development strategies used by each country resulted in dramatically different results. Mark Hanson's incisive new monograph concentrates on comparing and contrasting these countries and answering the wider question of why some Third World nations have developed economically and educationally faster than others.

Hanson situates the issue in the manner and intensity in which these countries employed their educational, governmental and business institutions to acquire manufacturing knowledge from transnational corporations and how they used this to grow their own local industries. Whereas South Korea looked to foreign plants as educational systems and pursued with tenacity the new knowledge they possessed, Mexico viewed them as 'cash cows' that generated wages and reduced unemployment. Hanson argues that significant economic growth and improvements in education will only occur when driven by the needs of industrialization.This is one of the first books of its kind to compare South East Asian and Latin American economies.

You may also be interested in:

North-South Co-operation in Retrospect and Prospect

C. J Jepma

This book, a valuable reference for students of policy and politics, considers policies towards trade, technology transfer and multinational investment as well as general monetary policies...

Published 08/04/1988 | 978-0-415-00446-6

more information about North-South Co-operation in Retrospect and Prospect

Models of Unemployment in Trade and Economic Development

Bharat Hazari, Pasquale Sgro

The impact of increased levels of international trade on domestic labour markets is a key issue for policy makers in both developed and less developed...

Published 08/27/1992 | 978-0-415-02277-4

more information about Models of Unemployment in Trade and Economic Development

The Economy of the Philippines

Peter Krinks

In the late 1950s, the Filipino economy could reasonably have been described as more advanced than those of its South Asian neighbours. Ever since then,...

Published 09/12/2002 | 978-0-415-02316-0

more information about The Economy of the Philippines