Issues relating to the size of firms in manufacturing are central to the discussion of development strategies. This book offers an interpretation of growth trajectories in selected Asian economies in terms of the size-structure of enterprises in the manufacturing sector of these economies.
The book presents a comparative survey of distribution of enterprises by size across Asia, including India, Japan, Taiwan, Korea, Thailand, Bangladesh and Vietnam. A broad survey of official data on the size structure of manufacturing helps to identify three distinct patterns of manufacturing sector development and makes the connection between enterprise development and the overall impact on the economy. The book goes on to investigate the problem of the peculiar dual size structure of manufacturing in India, with its two modes at the low and high end of the size distribution and conspicuous ‘missing middle’, and the effect that this has on the economy. This pattern is contrasted with the ‘East Asian, model with a more even size distribution, and the more recent experience of the newly developing countries of Asia with size distribution skewed to the right. It is an important contribution to studies on Asian Economics and Manufacturing Industries.
1. Introduction 2. An International Comparison of the Size-Structure of Manufacturing Firms 3. Salient Features of the Growth Pattern in India 4. The Non-Household Sector in Indian Manufacturing 5. The Impact of the Missing Middle on the Growth Rate 6. The Missing Middle in Manufacturing 7. Causes of Dualism in Indian Manufacturing 8. The Role of SMEs in Manufacturing and Economic Development: The Case of Japan 9. The Role of Small-Medium Enterprises in Manufacturing and Economic Development: The Case of Taiwan 10. The Case of Korea 11. The Case of Thailand 12. Size-Structure of Manufacturing Industry in Bangladesh and Implications for Growth and Poverty 13. The Case of Vietnam