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The Singapore Economic Review, Vol. 56, No. 2 (2011) 279–282 © World Scientific Publishing Company DOI: 10.1142/S0217590811004213 BOOK REVIEW Plugging into Production Networks: Industrialization Strategy in Less Developed Southeast Asian Countries Broadly speaking, this book looks at the issue of economic development strategies for less- developed Southeast Asian countries, namely Cambodia, Laos, Myanmar, and Vietnam (CLMV). More specifically, it investigates how CLMV can successfully mesh itself into the production networks which played a pivotal role in the growth of export-industrial- ization of East Asia. The book is relevant for CLMV policymakers since it contains a wealth of specific and concrete policy advice on how the sub-region can plug into regional production networks as a means of promoting industrialization and growth. It is also a valuable source of knowledge for general readers interested in East Asian production networks and their expansion to less-developed countries. Relative to the original member countries of the Association of Southeast Asian Nations (ASEAN)–i.e., Indonesia, Malaysia, Philippines, Singapore, and Thailand — CLMV are latecomers to the process of industrialization, economic development and growth, and integration into the world economy. The original ASEAN countries have leveraged trade and foreign direct invest- ment to transform themselves from backwaters
The Singapore Economic Review – World Scientific Publishing Company
Published: Jun 1, 2011
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