The Financial Development of Japan, Korea, and Taiwan PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Financial Development of Japan, Korea, and Taiwan PDF full book. Access full book title The Financial Development of Japan, Korea, and Taiwan by Hugh T. Patrick. Download full books in PDF and EPUB format.
Author: Hugh T. Patrick
Publisher: Oxford University Press, USA
ISBN: 0195087666
Category : Banks and banking
Languages : en
Pages : 401
Get Book Here
Book Description
The analysis shows how financial development has occurred in two distinct phases. Initially, interest rates were regulated to remain below market levels, entry of new financial institutions was restricted, financial markets were segmented, and domestic finance was insulated from world financial markets. The second phase has seen a steady, if sometimes slow, removal of these restrictions.
Author: Hugh T. Patrick
Publisher: Oxford University Press, USA
ISBN: 0195087666
Category : Banks and banking
Languages : en
Pages : 401
Get Book Here
Book Description
The analysis shows how financial development has occurred in two distinct phases. Initially, interest rates were regulated to remain below market levels, entry of new financial institutions was restricted, financial markets were segmented, and domestic finance was insulated from world financial markets. The second phase has seen a steady, if sometimes slow, removal of these restrictions.
Author: Frank S.T. Hsiao
Publisher: Anthem Press
ISBN: 1783086890
Category : Business & Economics
Languages : en
Pages : 385
Get Book Here
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.
Author: Heather Smith
Publisher: Edward Elgar Publishing
ISBN: 9781782543572
Category : Business & Economics
Languages : en
Pages : 328
Get Book Here
Book Description
'This is a very good piece of research. As a book, it is important because it focuses on important conceptual and empirical issues, namely the role of government and industrial policy in promoting rapid economic growth; and particularly the case of Taiwan as an exemplar of rapid industrial development. The author convincingly refutes the view that sector-specific industrial policy was an important source of Taiwan's rapid industrial growth in the 1980s.' - Hugh T. Patrick, Columbia University, US 'Dr Smith takes Taiwan and Korea as case studies to address fundamental questions concerning the rapid growth and subsequent financial crisis in East Asia: * were the Taiwan and Korean governments interventionist in the 1980s? * did industry policy play a role in the financial crisis of 1997-1998? Heather Smith has put together a comprehensive discussion of strategic industry policy. She analyses at length the fascinating connection between the growth of the chaebol in Korea, its links to the government and to the financial sector, and the unravelling of the financial crisis in Korea. Her analysis throws light on the fundamental strength that Taiwan has shown throughout the crisis. These are fascinating and important questions vital to the economics profession and of interest to the enormous contingent of economic commentators following the East Asian crisis.' - Ron Duncan, Australian National University, Australia The growth in global competitiveness and interdependence has led to an increased interest in the role of industrial policy in achieving economic growth objectives. Heather Smith reignites the contentious debate of the role of the state using East Asian economic development in general with particular emphasis on Taiwan and Korea. Using quantitive techniques, the author analyses the view that industry policy interventions were a necessary factor explaining Taiwan's economic performance in the 1980s.
Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226386953
Category : Business & Economics
Languages : en
Pages : 416
Get Book Here
Book Description
The increased mobility and volume of international capital flows is a striking trend in international finance. While countries worldwide have engaged in financial deregulation, nowhere is this pattern more pronounced than in East Asia, where it has affected in unanticipated ways the behavior of exchange rates, interest rates, and capital flows. In these thirteen essays, American and Asian scholars analyze the effects of financial deregulation and integration on East Asian markets. Topics covered include the roles of the United States and Japan in trading with Asian countries, macroeconomic policy implications of export-led growth in Korea and Taiwan, the effects of foreign direct investment in China, and the impact of financial liberalization in Japan, Korea, and Singapore. Demonstrating the complexity of financial deregulation and the challenges it poses for policy makers, this volume provides an excellent picture of the overall status of East Asian financial markets for scholars in international finance and Asian economic development.
Author: Peter C. Y. Chow
Publisher: Rowman & Littlefield
ISBN: 9780815719687
Category : Business & Economics
Languages : en
Pages : 252
Get Book Here
Book Description
In July 1997, the promise of the ¡°Asian economic miracle¡± and the ¡°Pacific century¡± devolved into economic chaos and the onset of what has become known as the Asian financial crisis. One by one, many of the region¡¯s great economic success stories suffered damage to their financial markets, their currencies, and economic well-being.This volume, the result of an April 1999 conference organized by the Chung-Hua Institution for Economic Research and the Brookings Institution, examines the sources and lessons of the Asian financial crisis. Experts from both sides of the Pacific have drawn valuable policy lessons from the failures and successes of four key economies in the region: Indonesia, South Korea, Thailand, and Taiwan. In examining Taiwan¡¯s relative success in weathering the storm, this volume helps explain the widely varying degrees of performance of the region¡¯s affected economies. The concluding chapter focuses on general principles for the liberalization of financial markets and stabilization of macroeconomy in developing countries.This work provides much-needed new understanding and reasoned policy lessons to help the Asia-Pacific region meet its vast economic potential. It will be useful for academics and economic policymakers in governments, international organizations, universities, and research institutions, both in the region and beyond, as they assess and implement strategies for more stable regional and global economic development.
Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226386945
Category : Business & Economics
Languages : en
Pages : 466
Get Book Here
Book Description
Recently, real and artificial barriers to international transactions have fallen sharply, causing a rise in the overall volume of international trade. East Asia has been particularly affected by the economic stresses and gains derived from deregulation. Deregulation and Interdependence in the Asia-Pacific Region explores the broadly similar experiences of certain economies in the region—China, Hong Kong, Japan, Korea—in dealing with the potentially volatile process of deregulation, and examines the East Asian response to a rapidly transforming economic environment.
Author: Hugh T. Patrick
Publisher:
ISBN:
Category :
Languages : en
Pages : 80
Get Book Here
Book Description
Author: Nick Eberstadt
Publisher: Rowman & Littlefield
ISBN: 0844742740
Category : Korea (North)
Languages : en
Pages : 332
Get Book Here
Book Description
Nicholas Eberstadt presents an impressive compilation of hard-to-find comparative data on economic performance for North Korea and South Korea over two critical generations.
Author: Nicholas Eberstadt
Publisher: AEI Press
ISBN: 1461732263
Category : Business & Economics
Languages : en
Pages : 332
Get Book Here
Book Description
In Policy and Economic Performance in Divided Korea during the Cold War Era: 1945–91, Eberstadt presents an impressive compilation of hard-to-find comparative data on economic performance for the Democratic People's Republic of Korea (DPRK, or North Korea) and the Republic of Korea (ROK, or South Korea) over two critical generations. By a number of indicators, Eberstadt argues, Kim Il Sung's North Korea actually outperformed South Korea for much of this period—not only in the years immediately following partition, but perhaps also into the 1970s.
Author: Peter Drysdale
Publisher: Routledge
ISBN: 1134550030
Category : Business & Economics
Languages : en
Pages : 381
Get Book Here
Book Description
This exciting sequel to East Asia in Crisis offers a completely up-to-date assessment of the progress of East Asian recovery and provides a detailed review of the experience of the region's economies.
