Importance of industrial exports in develop South Asian countries according to The Flying Geese model : South Korea as case study


The Flying Geese Model shows in 1937 by Japanese economist (Akamatsu) and then expanded by (Kamingis) in 1984 as the theory of alternative models of industrial development posed by the West Depicts of the process of economic growth, such as swarms of flying geese, Japan at the forefront of the bevy as a goose the lead, followed by the first bevy, which includes (South Korea, Taiwan, Hong Kong and Singapore), the second squadron comprises (Malaysia, Thailand, Indonesia) bevyIII includes (Cambodia and Vietnam) and separates each squadron and last Squadron distance determined by the speed and the amount of altitude flight, which reflects the stage and pattern of economic development in each country. Many empirical studies concluded that the rapid growth of exports accelerates economic growth, and proved the experiences of developing countries that have adopted export promotion policy as giving means economic growth faster than achieved under the import substitution policy or other policies . South Korean economy over the several stages of economic development, starting from the early sixties : first stage the groundwork for development, the second stage: the development of heavy industry and chemical industries, the third stage: the industrial structural adjustment, the fourth stage globalize Korean industrial sector. Directive state intervention in the economy: Features which characterize President is (flexibility, selectivity, consistency and focus( Economic diversification policy, interest in education and scientific research, attract foreign investment, the establishment of industrial groups, " Chaebol" and the role of the external factor: The United States contributed to the development in South Korea Korean experience shows the importance of flexibility in both the planning and management of labor policies.