The intervention of the state in the creation of the market: - Bosco - model Mohammed Saleh

[You must be registered and logged in to see this link.]
     

State intervention in creating the market: "Bosco" model 


appearance of Mohammed Saleh 

08/6/2016 12:00 am

The flow of Ashraf's blood, but without boiling and giving up his anger as usual in every dialogue, is not left in his chest. He asks me only the tongues of cold flame, but he remains a shudder of fear and fear. Asia for the acquisition of goods and goods and the industrial West still grabs those industries themselves and engaged in their development? Before I answered Korea's success story specifically, which Ashraf was referring to as the last of the world's booming markets, Ashraf replied: "You, man, first started putting your foot on the right track, and I still repeat my friend's questions. The economic field came this time consciously and should not melt my answers in the crumbs and electrolytes. I ended up supervising a cafe on the outskirts of the market, and I said to him: A little man who does not know Danny Rodrick, a professor of government policy at Harvard University in the United States of America, published his famous article in 1995 entitled "Economic Policy," which highlighted the importance of the state's intervention in creating the market and tackling its failure and correcting its tracks. Which Rodk counted as the right spark in the progress of a country called Korea. In the early 1970s, the Korean government requested a soft loan from the World Bank to build an iron and steel plant, but Korea's request was rejected by the World Bank. Formed flat An engine and important for the markets of iron in Alm.kma that the industry requires the size of the economies of large and untangling wide with other industries provide sufficient demand to be a return on investment above Alsoq.oan investment rates in this strategic industry takes a period of building a long and construction to achieve production and become more efficient.
The Korean government has provided all the infrastructure requirements for the operation of the iron industry complex, and its products have been connected to a wide spectrum of automobile factories in order to generate a ready market in its inputs and outputs. The market signals and their effects during the construction and construction phase and the activation of the integrated production cycle , But the producers have responded to government guidelines, the system that has been called in South Korea (under administrative guidance). [size=11]In conclusion, the Bosco Iron and Steel Complex was honored by the World Bank itself for its great achievements that changed the face of the Korean economy and transformed it from a developing country faltering in the middle of the last century into a huge industrial power that boasts the nations of the East before the 20th century closes its doors and doors together! !
[You must be registered and logged in to see this link.]
[/size]