But, it's often during the bad times that there is an impetus for reform, including supporting industrialisation and the middle classes.
But that was before the poor state of its loan book, the product of years of lending to support South Korea's industrialisation, became clear.To persuade the strikers to return to work and accept the merger, the government and Shinhan are paying a high price.
Commodity prices have been supported by the rapid industrialisation of China, but policymakers in Beijing have been trying to slow the economy and make its growth better balanced.
During the 1990s, for instance, the MBA program developed by US universities supported rapid re-industrialisation in that country.
"These are grim images that would support Tolkien's case that industrialisation is terrible and dehumanising," says Thompson.
Using a panel dataset over the period 1996 2004 and employing conceptual and methodological innovations (not least the use of comparative independent variables), we find support for the ideas that relative de-industrialisation of developed economies will increase FDI inflows into emerging economies, while the relative under-performance of developed countries will reduce it.
Playing on the frustrations of India's hundreds of millions of rural poor, they have won support by redistributing the wealth of the landowners and opposing industrialisation.
Isn't it more likely that the orcs, who live in dire poverty, actually support Sauron because he represents the liberal forces of science and industrialisation, in the face of a brutally oppressive conservative social order?
It is no coincidence that the idea of taxing land values, which gained widespread support in the late 19th century when it became clear that industrialisation was doing little for the poor majority, is now forcing its way back on to the political agenda.
US-based Dana Inc, which develops engineered driveline, sealing and thermal-management technologies, is contributing to the industrialisation of high-performance fuel-cell stacks through its support of the Autostack Industry project – an alliance of German automotive manufacturers, suppliers and the Centre for Solar Energy and Hydrogen Research.
