ABSTRACT

The integration of parts of southern Europe and Eastern Europe with the industrial economies of Western Europe and the Soviet Union, respectively, also multiplied the number of industrialized nations and regions. The establishment in 1948 of the state of Israel involved significant industrialization. This development was important, but it was also highly unusual in terms of industrial history. South Korea, Taiwan, and other parts of the Pacific Rim certainly matched the classic latecomer industrial model, much as Japan had before them. They faced immense industrial competition from established areas, including a rapidly rebuilding Japan. The emergence of growing industrial economies in Mexico, Turkey, and Brazil did not initially rival the industrialization of the Pacific Rim in importance or drama. Multinational companies set up low-cost factory operations in China, as in Mexico. India's industrial growth was steadier than China's after World War II, but it took a new turn slightly later, in the 1990s.