Korea and the Bics (Brazil, India and China) (Record no. 23604)

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fixed length control field 03397cam a22006134a 4500
001 - CONTROL NUMBER
control field 5101
003 - CONTROL NUMBER IDENTIFIER
control field The World Bank
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS--GENERAL INFORMATION
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007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION
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fixed length control field 020129s2009 dcu i001 0 eng
024 8# - OTHER STANDARD IDENTIFIER
Standard number or code 10.1596/1813-9450-5101
035 ## - SYSTEM CONTROL NUMBER
System control number (The World Bank)5101
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Chandra, V.
245 10 - TITLE STATEMENT
Title Korea and the Bics (Brazil, India and China)
Medium [electronic resource] :
Remainder of title Catching Up Experiences /
Statement of responsibility, etc V. Chandra
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Washington, D.C.,
Name of publisher, distributor, etc The World Bank,
Date of publication, distribution, etc 2009
300 ## - PHYSICAL DESCRIPTION
Extent 1 online resource (43 p.)
520 3# - SUMMARY, ETC.
Summary, etc This paper tests a neo-Schumpeterian model with industry-level data to analyze how Brazil, India, and China are catching up with South Korea's technological frontier in a globalized world. The paper validates Aghion et al.'s inverted-U hypothesis that industries that are closer to the technological frontier innovate to escape competition while longer distances discourage innovating. It suggests that for effective catching up, distance-shortening (or innovation-enhancing) policies may be a necessary complement to liberalization. South Korea and China combined a variety of distance-shortening policies with financial subsidies to promote high tech industries and an export-led growth strategy. Post-liberalization, they leveraged swift competition to spur catch-up. In comparison, Brazil, which was as rich as South Korea, and India, which was as rich as China in 1980, are catching up more slowly. Import-substitution industrialization strategies saddled Brazil and India with a large anti-export bias, and unfocused attention to innovation-enhancing policies dampened global competitiveness. Post liberalization, many of their industries were too far behind the technological frontier to effectively benefit from competition. The catch-up experiences of Brazil, India, and China with South Korea illustrate that distance from the technological frontier matters and that the design of country-specific distance- shortening policies can be an important complement to trade liberalization in promoting catching up with richer countries.
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Antitrust
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Topical term or geographic name as entry element Debt
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Topical term or geographic name as entry element Drivers
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Topical term or geographic name as entry element E-Business
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Topical term or geographic name as entry element Economic growth
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Topical term or geographic name as entry element Economic theory
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Topical term or geographic name as entry element Economic Theory and Research
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Topical term or geographic name as entry element Education
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Topical term or geographic name as entry element Employment
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Topical term or geographic name as entry element Human capital
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Topical term or geographic name as entry element Income
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Topical term or geographic name as entry element Industrialization
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Topical term or geographic name as entry element Industry
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Topical term or geographic name as entry element Innovation
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Topical term or geographic name as entry element Innovations
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Topical term or geographic name as entry element Knowledge for Development
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Topical term or geographic name as entry element Labor force
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Topical term or geographic name as entry element Labor Policies
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Topical term or geographic name as entry element Labor productivity
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Topical term or geographic name as entry element Market economies
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Topical term or geographic name as entry element Private Sector Development
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Topical term or geographic name as entry element Productivity
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Topical term or geographic name as entry element Productivity growth
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Topical term or geographic name as entry element Property rights
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Topical term or geographic name as entry element Rents
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Topical term or geographic name as entry element Social Protections and Labor
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Topical term or geographic name as entry element Trade liberalization
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Topical term or geographic name as entry element Trade reforms
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Topical term or geographic name as entry element Water and Industry
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Topical term or geographic name as entry element Water Resources
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Braga, C. A. Primo
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Chandra, V.
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Osorio-Rodarte, I.
776 18 - ADDITIONAL PHYSICAL FORM ENTRY
Main entry heading Print version:
Display text Chandra, V.
Title Korea and the Bics (Brazil, India and China).
Place, publisher, and date of publication Washington, D.C., The World Bank, 2009
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Uniform title Policy research working papers.
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Uniform title World Bank e-Library.
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-5101">http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-5101</a>

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