上游充通大￥ SHANGHAI JIAO TONG UNIVERSITY 1,Late Developers in History Early and Late Development The economic and political requirements of countries which industrialize early,when they have few competitors and simple,low capital technology,are different from the late developers. For the late developers,competition already exists and industry has become highly complex, massive,and expensive. SHAN1, Late Developers in History Early and Late Development The economic and political requirements of countries which industrialize early, when they have few competitors and simple, low capital technology, are different from the late developers. For the late developers, competition already exists and industry has become highly complex, massive, and expensive