The ten years before this book was originally published in 1986 saw major restructuring in the economies of the developed world. This was often closely related to industrial development in newly industrializing and third world countries. This book examines the performance of these developing countries and includes studies of 'peripheral regions' – less developed regions within more advanced economies. The overall findings are that whilst some areas and countries have success stories to tell (such as Korea), many so-called newly industrializing countries and regions have had serious problems.