The Economic Rise of East Asia

The Economic Rise of East Asia PDF Author: Linda Glawe
Publisher: Springer Nature
ISBN: 3030871282
Category : Business & Economics
Languages : en
Pages : 356

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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.

The Economic Rise of East Asia

The Economic Rise of East Asia PDF Author: Linda Glawe
Publisher: Springer Nature
ISBN: 3030871282
Category : Business & Economics
Languages : en
Pages : 356

Get Book Here

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.

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

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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

Growth and Productivity in East Asia

Growth and Productivity in East Asia PDF Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226387070
Category : Business & Economics
Languages : en
Pages : 404

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Book Description
Considering the examples of Australia and the Pacific Rim, Growth and Productivity in East Asia offers a contemporary explanation for national productivity that measures contributions not only from capital and labor, but also from economic activities and relevant changes in policy, education, and technology. Takatoshi Ito and Andrew K. Rose have organized a group of collaborators from several Asian countries, the United States, and other parts of the globe who ably balance both macroeconomic and microeconomic study with theoretical and empirical approaches. Growth and Productivity in East Asia gives special attention to the causes for the unusual success of Australia, one of the few nations to maintain unprecedented economic growth despite the 1997 Asian financial crisis and the 2001 global downturn. A new database comprising eighty-four Japanese sectors reveals new findings for the last thirty years of sectoral productivity and growth in Japan. Studies focusing on Indonesia, Taiwan, and Korea also consider productivity and its relationship to research and development, foreign ownership, and policy reform in such industries as manufacturing, automobile production, and information technology.

The Rise of East Asia

The Rise of East Asia PDF Author: Mark Berger
Publisher: Routledge
ISBN: 1134719140
Category : Social Science
Languages : en
Pages : 330

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Book Description
There is great interest in the Pacific Century and what its implications for the future will be. The rapid economic growth of East Asia was already setting the region apart from the rest of the world by the 1970s. By the 1980s the trend was seen to have spread southward to Thailand, Malaysia and Indonesia, while China's provinces had also become integral to the regional economic boom. In this exciting new study many of the ideas and expectations associated with the Pacific Century are placed under critical scrutiny. The book includes studies of particular countries such as China, Japan, South Korea, Vietnam, Indonesia and Malaysia. There is analysis of economic and political trends in the region, the reasons behind its rise and its importance on a global scale. The rise of East Asia represents an historic turning point with immense significance world-wide. This book will be of interest to anyone concerned about the new approaches to and the debate about the rise of east Asia and the coming of the Pacific Century.

An East Asian Renaissance

An East Asian Renaissance PDF Author: Indermit Singh Gill
Publisher: World Bank Publications
ISBN: 082136748X
Category : Business & Economics
Languages : en
Pages : 386

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Book Description
An East Asian Renaissance, by a World Bank team led by Chief Economist for East Asia & Pacific, Dr Homi Kharas and Economic Adviser, Dr Indermit Gill is the first comprehensive analysis of the new forces and challenges at play in the region since the Bank's seminal report of 1993, The East Asian Miracle. The report argues that regional flows of goods, finance and technology are helping even smaller East Asian countries reap the benefits of economies of scale and that this regional integration must be encouraged. But it also points out that these measures have to be supported by actions at the domestic level to ease the stresses and strains that rapid economic growth leaves in its wake. East Asia must now turn to the urgent domestic challenges of inequality, social cohesion, corruption and environmental degradation arising from its economic success.

Population Change and Economic Development in East Asia

Population Change and Economic Development in East Asia PDF Author: Andrew Mason
Publisher: Stanford University Press
ISBN: 0804743223
Category : Political Science
Languages : en
Pages : 527

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Book Description
The fifteen essays in this volume address from several viewpoints the question of what role population change played in East Asia's rapid economic development.

Economic Development of Emerging East Asia

Economic Development of Emerging East Asia PDF Author: Frank S.T. Hsiao
Publisher: Anthem Press
ISBN: 1783086890
Category : Business & Economics
Languages : en
Pages : 385

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Book Description
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 Economic Consequences of Demographic Change in East Asia

The Economic Consequences of Demographic Change in East Asia PDF Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226386880
Category : Business & Economics
Languages : en
Pages : 403

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Book Description
Recent studies show that almost all industrial countries have experienced dramatic decreases in both fertility and mortality rates. This situation has led to aging societies with economies that suffer from both a decline in the working population and a rise in fiscal deficits linked to increased government spending. East Asia exemplifies these trends, and this volume offers an in-depth look at how long-term demographic transitions have taken shape there and how they have affected the economy in the region. The Economic Consequences of Demographic Change in East Asia assembles a group of experts to explore such topics as comparative demographic change, population aging, the rising cost of health care, and specific policy concerns in individual countries. The volume provides an overview of economic growth in East Asia as well as more specific studies on Japan, Korea, China, and Hong Kong. Offering important insights into the causes and consequences of this transition, this book will benefit students, researchers, and policy makers focused on East Asia as well as anyone concerned with similar trends elsewhere in the world.

Sustaining Economic Growth in Asia

Sustaining Economic Growth in Asia PDF Author: Jeremie Cohen-Setton
Publisher: Peterson Institute for International Economics
ISBN: 0881327344
Category : Business & Economics
Languages : en
Pages : 474

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Book Description
Economic growth, inflation, and interest rates have declined in Asia, just as they have in the United States and Europe. This volume explores the relevance to several Asian economies of the diagnosis known as “secular stagnation.” Leading experts on the region discuss the fiscal and monetary policy challenges of reviving growth without generating domestic financial imbalances. The essays on innovation, demographics, spillovers, and various policy proposals are accompanied by case studies focusing on Japan, South Korea, China, India, and Indonesia.

East Asia and the Global Economy

East Asia and the Global Economy PDF Author: Stephen G. Bunker
Publisher: JHU Press
ISBN: 080189588X
Category : Social Science
Languages : en
Pages : 263

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Book Description
After World War II, Japan reinvented itself as a shipbuilding powerhouse and began its rapid ascent in the global economy. Its expansion strategy integrated raw material procurement, the redesign of global transportation infrastructure, and domestic industrialization. In this authoritative and engaging study, Stephen G. Bunker and Paul S. Ciccantell identify the key factors in Japan’s economic growth and the effects this growth had on the reorganization of significant sectors of the global economy. Bunker and Ciccantell discuss what drove Japan’s economic expansion, how Japan globalized the work economy to support it, and why this spectacular growth came to a dramatic halt in the 1990s. Drawing on studies of ore mining, steel making, corporate sector reorganization, and port/rail development, they provide valuable insight into technical processes as well as specific patterns of corporate investment. East Asia and the Global Economy introduces a theory of “new historical materialism” that explains the success of Japan and other world industrial powers. Here, the authors assert that the pattern of Japan’s ascent is essential for understanding China’s recent path of economic growth and dominance and anticipating what the future may hold.