Studies In East Asian Economies

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The Economic Rise of East Asia

Author : Linda Glawe,Helmut Wagner
Publisher : Springer
Page : 0 pages
File Size : 50,6 Mb
Release : 2022-12-11
Category : Business & Economics
ISBN : 3030871304

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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.

Power in a Changing World Economy

Author : Benjamin J. Cohen,Eric M.P. Chiu
Publisher : Routledge
Page : 216 pages
File Size : 53,7 Mb
Release : 2013-10-30
Category : Political Science
ISBN : 9781135083793

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Power in a Changing World Economy by Benjamin J. Cohen,Eric M.P. Chiu Pdf

This book is about power in a changing world economy. Though power is ubiquitous in the study of International Political Economy, the concept is underdeveloped in formal theoretical terms. This collection of essays analyses recent experience in East Asia to advance our theoretic understanding of state power in IPE. Over the last quarter century, no other region of the world has had a greater impact on the global distribution of economic resources and capabilities. China, with its "peaceful rise," now stands as the second largest national economy on the face of the earth; South Korea and Taiwan have become industrial powerhouses; Hong Kong and Singapore are among the world’s most important financial centres; and new poles of growth have emerged in several southeast Asian countries – all while Japan, long the region’s dominant market, has slipped into seemingly irreversible decline. The volume’s nine essays, contributed by leading scholars in the United States, Britain and Taiwan, aim to extract relevant inferences and insights from these developments for the study of state power. All are framed by a core agenda encompassing four key clusters of questions concerning the meaning, sources, uses, and limits of power. These essays ask: What new lessons are offered for power analysis in International Political Economy?

Understanding East Asia's Economic "miracles"

Author : Zhiqun Zhu
Publisher : Unknown
Page : 112 pages
File Size : 55,9 Mb
Release : 2017-02
Category : East Asia
ISBN : 0924304790

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Understanding East Asia's Economic "miracles" by Zhiqun Zhu Pdf

Revised and Expanded Second Edition. Concise yet comprehensive, Zhiqun Zhu's book is the perfect introduction to the political economy of East Asia for undergraduate and advanced high school classes. Zhu's analysis of the economic 'miracles' of Japan, South Korea, China and Taiwan takes into account both domestic factors and the international environment, and is sensitive to the similarities as well as differences between the developmental experiences of these nations. Zhu raises important related issues such as the connections between economic development and democratization, the relative economic contributions of the state and the market, and the portability of the East Asian developmental model. East Asia's diverse but dynamic experience is valuable precisely because it demonstrates that developing nations need not follow a single approach to prosperity. An excellent book to assign for courses on Asia.

Understanding East Asia's Economic "miracles"

Author : Zhiqun Zhu
Publisher : Unknown
Page : 110 pages
File Size : 48,7 Mb
Release : 2009
Category : Business & Economics
ISBN : UOM:39015080734745

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Understanding East Asia's Economic "miracles" by Zhiqun Zhu Pdf

There has been no miracle, says Zhu at least in the sense of divine intervention. He attributes the rapid economic growth in East Asia to decades of hard work by people in the region, though admittedly aided somewhat by favorable international and domestic conditions, sound government policies, and a few far-sighted leaders. He begins by profiling countries in the order they emerged into the world spotlight: Japan, South Korea, China and Taiwan. Then he compares their economies, concludes with a comprehensive explanation for the overall phenomenon and its internal variations.

Catch-up Industrialization

Author : Akira Suehiro
Publisher : NUS Press
Page : 420 pages
File Size : 43,7 Mb
Release : 2008
Category : Business & Economics
ISBN : 9971693836

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Catch-up Industrialization by Akira Suehiro Pdf

Catch-Up Industrialization is an innovative examination of how the political ideology of 'developmentalism' has driven East Asian economic growth. The author considers innovative production and management techniques, the patterns of industrial relations, and the way education shapes the workforce, using this information to assess late 20th century East Asian economic development based on economic liberalization and the rapid diffusion of information technology.The term 'catch-up' links developing and developed countries, and defines the socioeconomic mindset common to high-growth societies of Asia. The author's argument differs from neoclassical approaches emphasizing the workings of the market, statist ones emphasizing policy rather than private initiatives, business studies lacking macroeconomic and global perspectives, work by development economists based on agriculture, and World BankIMF studies that lack socio-cultural and historical understanding.

Economic Development of Emerging East Asia

Author : Frank S.T. Hsiao,Mei-Chu Wang Hsiao
Publisher : Anthem Press
Page : 418 pages
File Size : 41,8 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.

The Lessons of East Asia

Author : Danny M. Leipziger,Vinod Thomas
Publisher : World Bank Publications
Page : 52 pages
File Size : 52,5 Mb
Release : 1993-01-01
Category : Business & Economics
ISBN : 0821326074

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The Lessons of East Asia by Danny M. Leipziger,Vinod Thomas Pdf

East Asian policies that fostered economic growth, reduced poverty, and raised living standards are the main theme of this cogent overview. Seven newly industrialized economies (NIEs) are described and compared. They are Hong Kong, Indonesia, Korea, Malaysia, Singapore, Taiwan, and Thailand. These country studies examine the macroeconomic policies common to NIEs. They review the highly flexible government interventions that succeeded in developing key industries and the more aggressive interventions that led to failure. The role foreign direct investment plays in producing dramatic growth is also discussed. Also available in Spanish (ISBN 0-8213-2743-7) Stock No. 12743.

The Key to the Asian Miracle

Author : Jose Edgardo Campos,Hilton L. Root
Publisher : Brookings Institution Press
Page : 230 pages
File Size : 54,7 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 Economies

Author : Toshihiko Kawagoe,Sueo Sekiguchi
Publisher : Institute of Southeast Asian Studies
Page : 435 pages
File Size : 44,8 Mb
Release : 1995
Category : Political Science
ISBN : 9789813016972

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East Asian Economies by Toshihiko Kawagoe,Sueo Sekiguchi Pdf

East Asia is regarded as growth center in the world today, even as political tension in that region remains high. Economic growth has spilled over from Japan to the Asian newly industrialized economies, as well as to the middle-income countries of the Association of Southeast Asian Nation (ASEAN) through foreign trade and investment. Despite economic growth, an East Asian multilateral security scheme was never created. Will this situation change in the new international environment? With these trends in mind, the collection of articles in this volume sheds light on economic and political issues of natural in East Asia. The articles discuss a comprehensive range of topics:Macroeconomic performance,foreign direct investment, trade policies, financial markets, security arrangements, surveys of recent developments in South Korea, People's Republic of China, and Taiwan.Integration within ASEAN focusing on AFTA and sub-regional co-operation. Integration of Indochinese economies in to greater Southeast Asian markets.

East Asian Development Model

Author : Shiping Hua,Ruihua Hu
Publisher : Routledge
Page : 317 pages
File Size : 45,5 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.

Behind East Asian Growth

Author : Henry S. Rowen
Publisher : Routledge
Page : 373 pages
File Size : 44,8 Mb
Release : 2002-11
Category : Business & Economics
ISBN : 9781134709281

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Behind East Asian Growth by Henry S. Rowen Pdf

A wide-ranging, interdisciplinary analysis of the evolution of successful economic policies in East Asia, this study advances a thorough examination of the sustained economic growth enjoyed by the countries in this region.

Studies in East Asian Economies

Author : Jagdish Handa,Shibeshi Ghebre Kahsay
Publisher : World Scientific
Page : 284 pages
File Size : 54,8 Mb
Release : 2011-07-29
Category : Business & Economics
ISBN : 9789814462129

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Studies in East Asian Economies by Jagdish Handa,Shibeshi Ghebre Kahsay Pdf

This book includes three economic/econometric studies on four East Asian countries (Indonesia, Malaysia, Philippines and Thailand) and two studies on China. The four East Asian economies, designated at one time as ‘economic tigers’, provide important and interesting case studies on periods of very rapid growth with heavy capital inflows, followed by financial and economic crises. The three studies on these countries examine the impact of heavy capital inflows on growth, real exchange rates and the conduct of domestic monetary policy during the period 1970–96, which immediately preceded their financial crises of 1997–98. At a more general level, they shed light on the contributions that capital inflows make to small open economies and how these inflows impact on their exchange rates and monetary policies. The two studies on China examine the adequacy of capital flows to it and its monetary policies. In recent years, while China has been among the biggest recipients of capital inflows, our study on it finds that these inflows are still considerably short of the amounts that perfect capital flows would imply. Regarding China's pursuit of monetary policy, our study is the first one to question whether interest rates or monetary aggregates are appropriate instruments for the control of the economy. Our finding is that its large informal sector and black money holdings make the use of monetary aggregates the more appropriate policy instrument. This finding contrasts with the usual one for financially developed economies that interest rate targeting and a Taylor rule provide the applicable monetary policy framework. Contents:Capital Inflows and Growth: Evidence from Pre-Crises ASEAN Economies (Shibeshi Ghebre Kahsay and Jagdish Handa)Capital Flows and Real Exchange Rate Behavior: Evidence from Pre-Crises ASEAN Economies (Shibeshi Ghebre Kahsay and Jagdish Handa)Capital Flows and Monetary Policy: Evidence from Pre-Crises ASEAN Economies (Shibeshi Ghebre Kahsay and Jagdish Handa)Assessing International Capital Mobility: Evidence from China (Jagdish Handa, Jie Lin and Helei Wang)Optimal Monetary Policy Instruments and Rules: Evidence from China (Shen Guo, Shengzu Wang and Jagdish Handa) Readership: Graduate students, policy makers and researchers in developmental economics, SEA economies, monetary policy, capital flows and their impact on growth. Keywords:International Capital Mobility;Monetary Policy;Exchange Rates;Economic Growth;Taylor Rule;East Asian Economies;ChinaKey Features:Using Indonesia, Malaysia, Philippines and Thailand for case studies, this book provides a rare in-depth study on the impact of capital inflows and their impact on exchange rates, monetary policy and growth for small open economies, in the transition from a less developed stage to a more developed one. Using China as a case study, this book also provides a rare insight into the extent of capital flows and the formulation of monetary policy for a large, less developed economy in its transition to becoming a developed economy. There are almost no competing studies employing rigorous econometric techniques on these topics for developing economies

The Political Economy of East Asia

Author : Ming Wan
Publisher : SAGE
Page : 457 pages
File Size : 43,9 Mb
Release : 2007-10-17
Category : Political Science
ISBN : 9781483305325

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The Political Economy of East Asia by Ming Wan Pdf

For students of international political economy, it is hard to ignore the growth, dynamism, and global impact of East Asia. Japan and China are two of the largest economies in the world, in a region now accounting for almost 30 percent more trade than the United States, Canada, and Mexico combined. What explains this increasing wealth and burgeoning power? In his new text, Ming Wan illustrates the diverse ways that the domestic politics and policies of countries within East Asia affect the region’s production, trade, exchange rates, and development, and are in turn affected by global market forces and international institutions. Unlike most other texts on East Asian political economy that are essentially comparisons of major individual countries, Wan effectively integrates key thematic issues and country-specific examples to present a comprehensive overview of East Asia’s role in the world economy. The text first takes a comparative look at the region’s economic systems and institutions to explore their evolution—a rich and complex story that looks beyond the response to Western pressures. Later chapters are organized around close examination of production, trade, finance, and monetary relations. While featuring extended discussion of China, Japan, South Korea, and Taiwan, Wan is inclusive in his analysis, with coverage including Myanmar, Thailand, Laos, Vietnam, Cambodia, Malaysia, Singapore, Indonesia, Brunei, and the Philippines. The text is richly illustrated with more than fifty tables, figures, and maps that present the latest economic and political data to help students better visualize trends and demographics. Each chapter ends with extensive lists of suggested readings.

Growth Theories in Light of the East Asian Experience

Author : Takatoshi Ito,Anne O. Krueger
Publisher : University of Chicago Press
Page : 324 pages
File Size : 50,7 Mb
Release : 2007-12-01
Category : Political Science
ISBN : 9780226386980

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Growth Theories in Light of the East Asian Experience by Takatoshi Ito,Anne O. Krueger Pdf

The contributors to this volume analyze the growth experiences of Japan, Korea, China, Hong Kong, Singapore, and Taiwan in light of the recently developed endogenous growth theory to provide an understanding of the economic boom in East Asia. The theory explored in this volume attributes the phenomenal economic success of these countries to, among other factors, the role of an outward orientation—a focus on exporting rather than on protecting home markets. In addition, the importance of exchange rate behavior, of the supportive role of government policy, and of the accumulation and promotion of physical and human capital are explored in detail. This collection also examines the extent to which growth in each country became self-sustaining once it began. Demonstrating the relevance of endogenous growth theory for studying this important region, this fourth volume in the NBER-East Asia Seminar on Economics series will be of interest to observers of East Asian affairs.

Multinationals and East Asian Integration

Author : International Development Research Centre (Canada),Chia-Siow Yue,Institute of Southeast Asian Studies
Publisher : IDRC
Page : 332 pages
File Size : 47,9 Mb
Release : 1997
Category : Business & Economics
ISBN : 0889368066

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Multinationals and East Asian Integration by International Development Research Centre (Canada),Chia-Siow Yue,Institute of Southeast Asian Studies Pdf

Multinationals and East Asian Integration