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This is a critical comparative analysis of the origin, nature, problems and prospects of steel development and industrialisation in Nigeria and South Korea. Focusing on the steel sector, this ground-breaking book examines the interplay among the state, local capital, transnational corporations, the World Bank and IMF. The book examines how all these factors have come to shape the content and direction of steel development in these two countries.
The POSCO Strategy brings to life one of the world's great industrial success stories. Expertly told by William T. Hogan, an accomplished commentator on the global steel industry, the work traces the meteoric rise of South Korea's Pohang Iron and Steel Company and the incredible impact it has had on this small agrarian country. In a mere quarter of a century POSCO has grown to become the largest steel company in the world and has dragged South Korea into the industrial age. The book not only provides a blueprint for the world's steel industry but offers an incredible case study to students of modern Asian economic history seeking to understand how a non-industrialized economy can be so dramatically modernized by the development of a single industry.
Drawing upon case studies of the steel industry in the US, Japan, South Korea, Brazil and India, this book explains how and why the steel industry has shifted from advanced capitalist countries to late industrializing countries. Anthony P. D'Costa examines the relationship between industrial change and institutional responses to technological diffu
This book provides a broad investigation of various issues in East Asia’s steel industry since the 1980s, including international specialization and trade relations, the sustainable use of resources, technological innovations, and environmental mitigation, alongside a consideration of the rapid growth in Chinese steel industry. Using macro and firm-level data, and case studies based on field research to discuss issues concerning the steel industry in East Asia. In search of an easy understanding, we try to simplify complicated economic models and statistical analyses, and concentrate on policy implications based as much as possible on the results of empirical analyses. We believe that this book will be of interest to policymakers, economists, practitioners and advocates of sustainability.