This TA will (i) analyze the relevance and importance of industrial and service diversification strategies in a globalized world as a development tool; (ii) study how Asian developing countries can use the different tools to promote economic diversification to achieve their modernization and development objectives; (iii) discuss the successful experience of the Republic of Korea and draw lessons for Asia's developing countries; and (iv) to discuss the lessons that the Republic of Korea can draw from the experience of the advanced Western countries, as the latter also use different tools to promote the diversification of their economies.
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