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Essay / Research Paper Abstract
This 7 page paper considers how theories of ‘late industrialization’ explain national differences in the institutional and organizational characteristics of contemporary business and how do these ideas help to explain variations in economic performance during the post-war period. Counties such as Russia, Korea and Japan are included in the discussion. The bibliography cites 9 pages.
Page Count:
7 pages (~225 words per page)
File: TS14_TEindww2.rtf
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Unformatted sample text from the term paper:
differentiates not only companies but also countries. The explanation for these differences may originate in several different theoretical areas, from the manifestation of different cultures the rate and pattern of
industrial growth. Looking at the global development it can be argued that many companies and countries see their current structures partly due to the patterns of late industrialisation and that
this has impacted on their post war performance. There are many theories of industrialisation, however, in many it is noted that
there is a higher or more required level of state intervention. The statist school, argues that for growth to take place and industrialisation to occur there is the need for
state support,. It is stated that the industrial development that has occurred in Europe would not have been able to occur unless there had been support for the infrastructure form
the governments in areas such as education, transportation and even disease control (Weiss and Hobson, 1995). Looking at the historical development in
any countries the state role has supported industrialization, especially where this has occurred later and has required a level of support in order to develop at a faster pace. However,
the neo-liberal perspective argues for less state intervention, and it is argued that industrialization may be best achieved with a free market and unfettered by the political of legal constraints
laid down by state intervention (Colclough and Manor 1991). The work of Gerschenkron (1992) appears to support the need for state intervention.
Gerschenkron examined the development of countries during the nineteenth century, looking at areas such as Russia, France Germany and Austria, all of which lagged behind Britain terms of industrialization and
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