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By Björn Wellenius, Arnold Miller, Carl J. Dahlman, World Bank

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The intense effort that focused on process technologies launched by Japan in the late 1970s allowed them to catch up with the United States in the 1980s in some leading IC products. The large size and integration of Japanese industrial conglomerates, government support, and big domestic markets permitted these firms to finance increasing investment costs and achieve economies of scale. Steinmueller then turns to Hong Kong, Korea, Tai-wan (China), and Singapore, and examines the contrasts between these economies in the structure of industry and government policy, especially on foreign investment and ownership, and how these contrasts reflect on the different courses followed by their respective IC industries.

Organized by the World Bank. Includes bibliographical references.  Wellenius, Björn. , 1950- .  International Bank for Reconstruction and Development.  Series. 4'762138dc20 93-28176 CIP Page v CONTENTS Preface vii 1. Electronics and the Developing Economies: Introduction and Overview Björn Wellenius 1 2. Building a Modem Electronics Industry Arnold Miller 15 Part I. Industry Characteristics 29 3. Semiconductors David Dahmen 31 4. The Computer Industry Kenneth Flamm 43 5. Consumer Electronics Jeffrey A.

1950- .  International Bank for Reconstruction and Development.  Series. 4'762138dc20 93-28176 CIP Page v CONTENTS Preface vii 1. Electronics and the Developing Economies: Introduction and Overview Björn Wellenius 1 2. Building a Modem Electronics Industry Arnold Miller 15 Part I. Industry Characteristics 29 3. Semiconductors David Dahmen 31 4. The Computer Industry Kenneth Flamm 43 5. Consumer Electronics Jeffrey A. Hart 57 6. Telecommunications Equipment Markets into the 1990s William W. Ambrose 75 PART II.

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