Industrialization of Japan & Korea

Industrialization of Japan & Korea

Q1. ?Some scholars who study the economic development of Japan and Korea focus too much on their state-led industrialization strategies, in particular the impact of their industrial policies. But industrial policy had little to do with their developmental success. Rather, the high-speed growth of both countries can be explained entirely by other factors, including the sound general economic policies both governments followed, the dynamism of their respective private sectors, and the favorable external context that both enjoyed.?
The five-page paper should be in standard essay format. You must present the main arguments and counter-arguments from BOTH sides of these one-sided statements in a fair manner and roughly equally. You of course can/should have your own position, but you must demonstrate your understanding of the other side of the argument (at the minimum). Think hard about the arguments, counter-arguments, critiques, and comebacks; include in your essay only what is most crucial and relevant. This means analysis, not mere description. Remember to stay focused on the question.
demonstrate that you have mastered the readings for the course.

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