Show Summary Details

p. 1319. Big Push industrializationlocked

  • Robert C. Allen


‘Big Push industrialization’ describes the way some countries were able to grow so fast and catch up with the West in the 20th century. It was by constructing all of the elements of an advanced economy — steel mills, power plants, vehicle factories, cities, and so on — simultaneously. This ‘Big Push’ industrialization raises difficult problems since everything is built ahead of supply and demand. Every investment depends on faith that the complementary investments will materialize. The success of the grand design requires a planning authority to coordinate the activities and ensure that they are carried out. The case studies of the economies of the Soviet Union, Japan, and China are discussed.

Access to the complete content on Very Short Introductions online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can't find the answer there, please contact us.