An Industrial Development Strategy for Indonesia: Lessons from the South Korean Experience

Chuk Kim

Journal of the Asia Pacific Economy, 2005, vol. 10, issue 3, 312-338

Abstract: The most important feature of South Korea's industrial development policy during the past several decades is its integrated approach to industrial development. Trade policy, human-resource development policy, and technology policy were well coordinated and complementary to industrial policy. An integrated policy approach to industrial development appears still to be relevant today for developing countries, including Indonesia. Based on this policy concept, the paper suggests national policy directions for Indonesia's industrial development through investment, trade, technology, human-resource and SME development policies.

Date: 2005
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DOI: 10.1080/13547860500163589

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