East Asian Development

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East Asian Development Model

Author : Shiping Hua,Ruihua Hu
Publisher : Routledge
Page : 262 pages
File Size : 43,8 Mb
Release : 2014-12-17
Category : Business & Economics
ISBN : 9781317815785

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East Asian Development Model by Shiping Hua,Ruihua Hu Pdf

Given the impressive growth in East Asia after World War II, initially led by Japan, the region's development models have been scrutinized since the 1980s. The shared Confucian cultural heritage, strong government guidance, and export led economies were often cited as contributors to the impressive growth. However, major changes have taken place in Asia on and around the turn of the century: Japan experienced two decades of economic slow-down, while World Bank figures reveal that China is poised to become the largest economy in the world in 2014, overtaking the United States. Bearing this in mind, is it even possible to formulate an East Asian development model in the context of a shifting twenty-first century? And if so, what is it? This book addresses this issue by looking at the economic, political and cultural perspectives of China, Japan and South Korea, focusing on dynamism and potential consensus regarding an East Asian development model. The chapters offer a historical background to the East Asian development model, as well as in-depth case studies of each of the countries concerned to show that whilst the East Asian development model does have distinct characteristics as compared with other areas, and other countries may draw some insights from the East Asian experience, it is not a panacea that fits all circumstances and fits all times. This book will be welcomed by students and scholars of Asian economics, Asian politics, international political economy and development studies.

The East Asian Development Experience

Author : Ha-Joon Chang
Publisher : Zed Books
Page : 324 pages
File Size : 50,5 Mb
Release : 2006
Category : Business & Economics
ISBN : 1842771418

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The East Asian Development Experience by Ha-Joon Chang Pdf

East Asia's development experience, at least until its crisis in 1997, has been a source of hope for other countries in the South. And in modern economic theory, it has been at the centre of the debate about how the role of the state relates to processes of intentional economic progress.

The Key to the Asian Miracle

Author : Jose Edgardo Campos,Hilton L. Root
Publisher : Brookings Institution Press
Page : 230 pages
File Size : 55,9 Mb
Release : 2001-06-07
Category : Business & Economics
ISBN : 0815723032

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The Key to the Asian Miracle by Jose Edgardo Campos,Hilton L. Root Pdf

"Easily the most informed and comprehensive analysis to date on how and why East Asian countries have achieved sustained high economic growth rates, [this book] substantially advances our understanding of the key interactions between the governors and governed in the development process. Students and practitioners alike will be referring to Campos and Root's series of excellent case studies for years to come." Richard L. Wilson, The Asia Foundation Eight countries in East Asia--Japan, South Korea, Taiwan, Hong Kong, Singapore, Thailand, Malaysia, and Indonesia--have become known as the "East Asian miracle" because of their economies' dramatic growth. In these eight countries real per capita GDP rose twice as fast as in any other regional grouping between 1965 and 1990. Even more impressive is their simultaneous significant reduction in poverty and income inequality. Their success is frequently attributed to economic policies, but the authors of this book argue that those economic policies would not have worked unless the leaders of the countries made them credible to their business communities and citizens. Jose Edgardo Campos and Hilton Root challenge the popular belief that East Asia's high performers grew rapidly because they were ruled by authoritarian leaders. They show that these leaders had to collaborate with various sectors of their population to create an environment that was conducive to sustained growth. This required them to persuade the business community that their investments would not be expropriated and to convince the broader population that their short-term sacrifices would be rewarded in the future. Many of the countries achieved business cooperation by creating consultative groups, which the authors call deliberation councils, to enhance accountability and stability. They also obtained popular support through a variety of wealth-sharing measures such as land reform, worker cooperatives, and wider access to education. F

East Asian Development Model

Author : Shiping Hua,Ruihua Hu
Publisher : Routledge
Page : 317 pages
File Size : 52,9 Mb
Release : 2014-12-17
Category : Business & Economics
ISBN : 9781317815778

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East Asian Development Model by Shiping Hua,Ruihua Hu Pdf

Given the impressive growth in East Asia after World War II, initially led by Japan, the region's development models have been scrutinized since the 1980s. The shared Confucian cultural heritage, strong government guidance, and export led economies were often cited as contributors to the impressive growth. However, major changes have taken place in Asia on and around the turn of the century: Japan experienced two decades of economic slow-down, while World Bank figures reveal that China is poised to become the largest economy in the world in 2014, overtaking the United States. Bearing this in mind, is it even possible to formulate an East Asian development model in the context of a shifting twenty-first century? And if so, what is it? This book addresses this issue by looking at the economic, political and cultural perspectives of China, Japan and South Korea, focusing on dynamism and potential consensus regarding an East Asian development model. The chapters offer a historical background to the East Asian development model, as well as in-depth case studies of each of the countries concerned to show that whilst the East Asian development model does have distinct characteristics as compared with other areas, and other countries may draw some insights from the East Asian experience, it is not a panacea that fits all circumstances and fits all times. This book will be welcomed by students and scholars of Asian economics, Asian politics, international political economy and development studies.

East Asian Development

Author : Yilmaz Akyuz
Publisher : Routledge
Page : 168 pages
File Size : 50,8 Mb
Release : 2020-04-15
Category : Business & Economics
ISBN : 9781135260057

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East Asian Development by Yilmaz Akyuz Pdf

This collection of papers challenges the conventional view of East Asian development driven by open and efficient markets and suggests that considerable diversity both at the institutional level and in policy approaches lies behind the region's rapid economic growth.

Economic Development of Emerging East Asia

Author : Frank S.T. Hsiao,Mei-Chu Wang Hsiao
Publisher : Anthem Press
Page : 418 pages
File Size : 50,8 Mb
Release : 2017-09-27
Category : Business & Economics
ISBN : 9781783086894

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Economic Development of Emerging East Asia by Frank S.T. Hsiao,Mei-Chu Wang Hsiao Pdf

Economic Development of Emerging East Asia presents economic studies of Taiwan and South Korea, compares them chiefly with Japan and the United States and finds that these East Asian countries are still in the process of emerging in the world economy. A timely quantitative and econometric analysis of the regional economies of emerging East Asia, the volume examines development indicators, effects of the 1997 Asian financial crisis, productivity growth, catching up and convergence of long run real GDP per capita growth, the time required for a country to catch up, colonialism and economic development in Taiwan and India. Arranged in increasing complexity of economic analyses, the chapters in this book provide a comprehensive understanding of emerging East Asian economies. In addition to serving as a handy reference for regional economists, policy analysts and researchers, Economic Development of Emerging East Asia can also be used as a textbook on economics and business.

East Asian Development

Author : F. Gerard Adams,Shinichi Ichimura
Publisher : Bloomsbury Publishing USA
Page : 225 pages
File Size : 43,9 Mb
Release : 1998-10-28
Category : Business & Economics
ISBN : 9780313028410

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East Asian Development by F. Gerard Adams,Shinichi Ichimura Pdf

East Asia's rapid economic growth and the crisis of 1997 have caught the world's attention. As the Asian miracle has turned to meltdown, the critical question has become whether growth will resume. Based on research and conferences at ICSEAD in Kitakyushu, Japan, this book brings together the work of Asian economic development experts. It considers the forces behind the East Asian growth miracle, the process of growth, the effect of saving, and the effect of foreign direct investment and multinationals. Taking an optimistic view, the authors conclude that rapid growth may resume in East Asia once the crisis has been resolved. The authors argue that a growth process links East Asian countries to each other and to the industrial world, and that growth reflects a process that combines capital formation and technical and institutional change. The 1997 crisis grew out of excessively rapid boom and must be handled before growth will resume. But, the authors conclude, once the crisis has been resolved, the linked process of growth supported by appropriate policies, high levels of savings and investment, and foreign investment will allow growth to resume, although perhaps with a different geographic center of gravity.

In Search of an East Asian Development Model

Author : Peter L. Berger,Hsin-Huang Michael Hsiao
Publisher : Transaction Publishers
Page : 243 pages
File Size : 43,5 Mb
Release : 1988
Category : Business & Economics
ISBN : 0887386865

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In Search of an East Asian Development Model by Peter L. Berger,Hsin-Huang Michael Hsiao Pdf

The relevance of East Asian development experience to the less developed world crucially depends on whether an identifiable economic model underlies & largely explains the unquestionable economic success of the five nations of East Asia-Japan, Korea, Taiwan, Hong Kong, & Singapore-which are the subject of extensive analysis in this volume. If there is a model, is it transferable? There are two schools of thought on this question. Some believe that the explanation for East Asian economic success lies largely in the cultural realm: in values, institutional structures & social relations. Others maintain that economic success can largely be explained by the economic strategy these countries have adopted.

The Economic Rise of East Asia

Author : Linda Glawe,Helmut Wagner
Publisher : Springer Nature
Page : 356 pages
File Size : 44,7 Mb
Release : 2022-01-01
Category : Business & Economics
ISBN : 9783030871284

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The Economic Rise of East Asia by Linda Glawe,Helmut Wagner Pdf

In light of the growing global economic importance of East Asia, this book analyzes and compares the extraordinary development paths and strategies of Japan, South Korea, and China. It examines both the factors that enabled these countries’ prolonged periods of high-speed economic growth, and the reasons for their subsequent “cool-downs.” In addition, the book illustrates how their development strategies served as role models for one another, and what current and future developing countries can learn from the East Asian success stories. This book will appeal to scholars and students of economics and development studies with an interest in the East Asian development model.

Labour and Development in East Asia

Author : Kevin Gray
Publisher : Routledge
Page : 203 pages
File Size : 45,9 Mb
Release : 2014-10-10
Category : Political Science
ISBN : 9781317613107

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Labour and Development in East Asia by Kevin Gray Pdf

The Chinese Communist Party’s response to the wave of factory strikes in the early summer of 2010 has raised important questions about the role that labour plays in the transformation of world orders. In contrast to previous policies of repression towards labour unrest, these recent disputes centring round wages and working conditions have been met with a more permissive response on the part of the state, as the CCP ostensibly seeks to facilitate a transition away from a model of political economy based on ‘low-road’ labour relations and export dependence. Labour and Development in East Asia shows that such inter-linkages between labour, geopolitical transformations, and states’ developmental strategies have been much more central to East Asia’s development than has commonly been recognised. By adopting an explanatory framework of the labour-geopolitics-development nexus, the book theorises and provides an historical analysis of the formation and transformation of the East Asian regional political economy from the end of the Second World War to the present, with particular reference to Japan, South Korea, Taiwan and China. This book will be required reading for students and scholars of international relations, development studies and comparative politics.

East Asian Development

Author : Dwight H. Perkins
Publisher : Harvard University Press
Page : 222 pages
File Size : 51,6 Mb
Release : 2013-10-21
Category : Business & Economics
ISBN : 9780674726130

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East Asian Development by Dwight H. Perkins Pdf

In the early 1960s fewer than five percent of Japanese owned automobiles, China's per capita income was among the lowest in Asia, and living standards in rural South Korea put it among the world's poorest countries. Today, these are three of the most powerful economies on earth. Dwight Perkins draws on extensive experience in the region to explain how Asia sustained such rapid economic growth in the second half of the twentieth century. East Asian Development covers Japan, South Korea, Hong Kong, Singapore, and Taiwan, as well as Indonesia, Vietnam, Thailand, Malaysia, and China--a behemoth larger than the other economies combined. While the overall picture of Asian growth is positive, no single economic policy has been effective regionwide. Perkins uncovers why some initially egalitarian societies have ended up in very different places, with Japan, for example, maintaining a modest gap between rich and poor while China has become one of Asia's most unequal economies. With Korean and Japanese growth sluggish and China losing steam, Perkins asks whether this is a regional phenomenon or typical of all economies at this stage of development. His inquiry reminds us that the uncharted waters of China's vast economy make predictions speculative at best.

East Asia's Dynamic Development Model and Teh Republic of Korea's Experiences

Author : Ho-chʻŏl Yi,Mary McNulty
Publisher : World Bank Publications
Page : 64 pages
File Size : 51,5 Mb
Release : 2003
Category : East Asia
ISBN : 9780404042622

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East Asia's Dynamic Development Model and Teh Republic of Korea's Experiences by Ho-chʻŏl Yi,Mary McNulty Pdf

No region has been more dynamic in recent years than East Asia. Despite its successful economic development, evaluations of the East Asian development model have often been capricious, shifting from "miracle" to "cronyism." How can we explain East Asia's ups and downs consistently? To respond to this challenge, it is necessary to study the progress of East Asian development and to trace the influence of Asian cultural values. This study mainly focuses on cultural aspects of economic progress and analyzes East Asia's philosophical and historical backgrounds to explain the dynamic process. East Asians believe that balance between opposite but complementary forces, Yin and Yang, will ensure social stability and progress. Through repeated rebalancing to maintain harmony, the society comes to maturity. In traditional East Asian societies, a balance was maintained between Confucianism (Yang) and Taoism, Buddhism, and other philosophies (Yin). In modern societies, the challenge is to balance traditional systems (Yang) and Western style capitalism (Yin). This East Asian development model explains the Republic of Korea's rise, fall, and recovery. Korea was a poor country until the early 1960s, during the time when spiritualism (Yang) dominated. From the 1960s through the 1980s, Korea achieved rapid growth by finding a new balance and moving toward materialism (Yin) from spiritualism (Yang). But the failure to maintain a harmonious balance between cooperatism and collectivism (Yang) and individualism (Yin) led to major weaknesses in labor and financial markets that contributed significantly to the financial crisis in 1997. As Korea arrived at a new balance by instituting reform programs, the venture-oriented information and communication technology (ICT) industry blossomed and led to a rapid economic recovery. Since 2000, domestic financial scandals and political corruption have emerged as new social issues. Korea's next challenge is to find a new harmonization between moralism (Yang) and legalism (Yin). This paper-a product of the Office of the Senior Vice President and Chief Economist, Development Economics-is part of a larger effort in the Bank to examine institutional and cultural foundations of development across regions and countries.

East Asian Visions

Author : Indermit Singh Gill,Yukon Huang,Homi J. Kharas
Publisher : World Bank Publications
Page : 373 pages
File Size : 46,8 Mb
Release : 2007
Category : Political Science
ISBN : 9780821367469

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East Asian Visions by Indermit Singh Gill,Yukon Huang,Homi J. Kharas Pdf

Despite the diversity in income levels, languages, culture, resource endowments, and political systems, the countries of East Asia are more integrated now than they have ever been. Goods, money, and ideas are being traded across the region. East Asia is redefining itself from a collection of disparate nations that looked mainly to markets in the west, to a more self-reliant, innovative, and networked region. Countries in this region are strengthening ties with each other and seeking more strategic partnerships with the rest of the world. 'East Asian Visions' is a collection of essays that convey, firsthand, how some of the most influential thinkers in East Asia view these challenges. The writers are eminent policy makers, statesmen, and scholars. They write about how competition with the west has bred success; how crises in the region have provoked introspection; and how the rise of China is catalyzing change.

The Political Economy of East Asia

Author : K. Cai
Publisher : Springer
Page : 261 pages
File Size : 54,8 Mb
Release : 2016-04-30
Category : Political Science
ISBN : 9780230305229

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The Political Economy of East Asia by K. Cai Pdf

In a systematic study of the political economy of East Asia, Cai adopts an historical perspective alongside a contemporary focus, exploring East Asia's development since the late 19th century. Following similar paths to economic development, East Asian states have achieved economic success, integrating themselves into a regional economy.

Rethinking Development in East Asia

Author : Pietro P. Masina
Publisher : Psychology Press
Page : 341 pages
File Size : 55,5 Mb
Release : 2002
Category : East Asia
ISBN : 9780700712144

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Rethinking Development in East Asia by Pietro P. Masina Pdf

Masina reassesses the last thirty years of economic development in East Asia in light of recent dramatic events, challenging scholars and policy makers to critically review development strategies.