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This book examines how to promote industrial development in low-income countries. It considers the role of traders in the evolution of a cluster, the role of managerial human capital, the effect of the 'China shock', and the role of industrial policies focused on international knowledge transfer in supporting the upgrading of clusters.Introduction: Scope and Significance of the Study PART I: THE ROLE OF TRADERS IN CLUSTER DEVELOPMENT Overseas Vietnamese Traders in a Garment Cluster in Vietnam Petty Traders in a Garment Cluster in Kenya PART II: THE ROLE OF MANAGERIAL HUMAN CAPITAL IN THE UPGRADING PROCESS The Product Ladder in the Steel-Bar Industry in Vietnam The Move to the Formal Sector in the Metalwork Industry in Kenya PART III: THE CHINA SHOCK AND QUALITY IMPROVEMENT The Coping Strategy of the Electrical Fittings Industry in Pakistan The V-Shaped Growth in the Leather Shoe Industry in Ethiopia PART IV: THE SUCCESS AND FAILURE OF INDUSTRIAL DEVELOPMENT STRATEGIES International Knowledge Transfer in a Garment Cluster in Bangladesh Misfired Promotion of the Export-Oriented Garment Industry in Ethiopia Conclusion: Towards the Design of Effective Industrial Development PoliciesTETSUSHI SONOBE?is a professorial fellow at the Foundation for Advanced Studies on International Development (FASID) and a professor at National Graduate Institute for Policy Studies (GRIPS), Japan. He received a PhD in Economics from Yale University and is the co-author of Cluster-Based Industrial Development: An East Asia Model (Palgrave Macmillan, 2006).
KEIJIRO OTSUKA is a professorial fellow at FASID and a professor at GRIPS, Japan. He received a PhD in Economics from the University of Chicago and is the co-author of the above book. He is an Associate Editor of Economic Development and Cultural Change and the co-author or co-editor of sixteen books.
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