ABSTRACT

In a broad context, this is the story of many countries (sometimes called less developed, underdeveloped, economically deprived, Third World or simply poor) that for decades have sought to join the ranks of the newly industrialized nations. Cast in the backdrop of the latter half of the twentieth century, a time that saw transitions from physical to knowledge workers, closed to open economies, sweat to intellectual capitalism and job protectionism to job outsourcing, all within the shrinking world of globalization, this book addresses the question: Why do some less developed countries (LDCs) industrialize faster than others? In addition, how does the arrival of outsourced, foreign industrial knowledge impact on LDCs?