P/E/143. Do theories of "late industrialisation" explain national differences in the institutional and organizational characteristics of contemporary business? How do these ideas help to explain variations in economic performance during the post-war period?

This essay is investigating whether theories of "late industrialisation" explain national differences in the institutional and organizational characteristics of contemporary business and how do these ideas help to explain variations in economic performance during the post-war period. Essay investigates whether this theory explains institutional and organisational characteristics of contemporary business in Japan, South Korea, Taiwan, Mexico and other countries, and what differences there are on a national level. Second part of an essay looks directly at the effects of late-industrialisation to analyse what it has done to economic performance in both early and late-industrialised countries to determine whether late-industrialisation can explain variations in economic performance.