An Analysis on the Role of KIST for the Early Development of Iron and Steel Industry in Korea: Focusing on the Planning and Supporting of Pohang Steelworks

2019 ◽  
Vol 27 (5) ◽  
pp. 75-97
Author(s):  
Sungsoo Song ◽  
Keyword(s):  
Early Development ◽  
Steel Industry ◽  
Iron And Steel Industry ◽  
Iron And Steel

scholarly journals Research on the Role of Financial Industry in Eliminating Overcapacity in Hebei Province

2021 ◽  
Vol 233 ◽  
pp. 01155
Author(s):  
ailong Liu
Keyword(s):  
Steel Industry ◽  
Hebei Province ◽  
Iron And Steel Industry ◽  
Economic Factors ◽  
Excess Capacity ◽  
Financial Industry ◽  
Iron And Steel ◽  
Management Measures ◽  
The Relationship

In order to solve the problem of excess capacity, Hebei Province has taken various measures to strictly implement the Guiding Opinions on Resolving Serious Overcapacity Contradictions issued by the State Council. In this process, most of the measures taken are administrative intervention, and the relationship among management measures, market rules and economic factors is not very clear. Based on this, this paper, starting from the excess capacity of Hebei iron and steel industry, analyses the relationship between investment return rate and investment ratio, and the relationship between profit and reduced capacity of iron and steel industry. On the basis of the analysis and the background of deepening the structural reform of supply side, this paper puts forward effective measures to solve the excess capacity of iron and steel industry.

How Reciprocal was the Business–Government Relationship? The Wedge of Competition in Early Industrializing Japan

2009 ◽  
Vol 10 (2) ◽  
pp. 237-264
Author(s):  
Peter von Staden
Keyword(s):  
Early Development ◽  
Steel Industry ◽  
Energy Industry ◽  
Iron And Steel Industry ◽  
Iron And Steel ◽  
Government Interference

The literature on early industrializing Japan characterizes the business–government relationship in antithetical terms of “cooperation” or “independence.” The first position advances that interaction between these actors is largely covert and mutually beneficial and the second characterizes business as ever chary of government interference. These positions have been brought under the framework of “Reciprocal Consent” where government accords business control of industry while retaining its jurisdictional remit. It is argued that this arrangement observed in Japan's energy industry emerged because government was not a financial stakeholder. By contrast, in the iron and steel industry under study here, government was the primary stakeholder. The Shingikai or Councils of Deliberation records show that in the early development of this industry, economics played a central role in shaping the business–government relationship and setting the limits of “reciprocity”.

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