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The Key to the Asian Miracle

The Key to the Asian Miracle PDF Author: Jose Edgardo Campos
Publisher: Brookings Institution Press
ISBN: 9780815723035
Category : Business & Economics
Languages : en
Pages : 230

Book Description
"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

The Key to the Asian Miracle

The Key to the Asian Miracle PDF Author: Jose Edgardo Campos
Publisher: Brookings Institution Press
ISBN: 9780815723035
Category : Business & Economics
Languages : en
Pages : 230

Book Description
"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

The Economic Rise of East Asia

The Economic Rise of East Asia PDF Author: Linda Glawe
Publisher: Springer
ISBN: 9783030871307
Category : Business & Economics
Languages : en
Pages : 0

Book Description
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.

East Asian Economies

East Asian Economies PDF Author: Toshihiko Kawagoe
Publisher: Institute of Southeast Asian Studies
ISBN: 9813016973
Category : Political Science
Languages : en
Pages : 435

Book Description
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.

Understanding East Asia's Economic "miracles"

Understanding East Asia's Economic Author: Zhiqun Zhu
Publisher:
ISBN: 9780924304798
Category : East Asia
Languages : en
Pages : 112

Book Description
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.

Power in a Changing World Economy

Power in a Changing World Economy PDF Author: Benjamin J. Cohen
Publisher: Routledge
ISBN: 1135083797
Category : Political Science
Languages : en
Pages : 216

Book Description
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?

Catch-up Industrialization

Catch-up Industrialization PDF Author: Akira Suehiro
Publisher: NUS Press
ISBN: 9789971693831
Category : Business & Economics
Languages : en
Pages : 420

Book Description
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.

East Asia in the World

East Asia in the World PDF Author: Stephan Haggard
Publisher: Cambridge University Press
ISBN: 1108846238
Category : Political Science
Languages : en
Pages : 333

Book Description
This innovative volume provides an introduction to twelve seminal events in the international relations of East Asia prior to 1900: twelve events that everyone interested in the history of world politics should know. The East Asian historical experience provides a wealth of new and different cases, patterns, and findings that will expand horizons from the Western, Eurocentric experience. Written by an international team of historians and political scientists, these essays draw attention to the China-centered East Asian order – with its long history of dominance – and what this order might tell us about the current epoch.

Understanding East Asia's Economic "miracles"

Understanding East Asia's Economic Author: Zhiqun Zhu
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 110

Book Description
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.

Multinationals and East Asian Integration

Multinationals and East Asian Integration PDF Author: International Development Research Centre (Canada)
Publisher: IDRC
ISBN: 9780889368064
Category : Business & Economics
Languages : en
Pages : 332

Book Description
Multinationals and East Asian Integration

The Lessons of East Asia

The Lessons of East Asia PDF Author: Danny M. Leipziger
Publisher: World Bank Publications
ISBN: 9780821326077
Category : Business & Economics
Languages : en
Pages : 52

Book Description
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.