Japan, China, and the Growth of the Asian International Economy, 1850-1949

Japan, China, and the Growth of the Asian International Economy, 1850-1949 PDF Author: Kaoru Sugihara
Publisher: OUP Oxford
ISBN: 0191522007
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
Modern Asian economic history has often been written in terms of Western impact and Asia's response to it. This volume argues that the growth of intra-regional trade, migration, and capital and money flows was a crucial factor that determined the course of East Asian economic development. Twelve chapters are organized around three main themes. First, economic interactions between Japan and China were important in shaping the pattern of regional industrialization. Neither Japan nor China imported technology and organizations, and attempted to "catch up" with the West alone. Japan's industrialization took place, taking advantage of the Chinese merchant networks in Asia, while the Chinese competition was a critical factor in the Japanese technological and organizational "upgrading" in the interwar period. Second, the pattern of China's integration into the international economy was shaped by the growth of intra-Asian trade, migration, and capital flows and remittances. While the Western impact was largely confined to the littoral region of China, intra-Asian trade was more directly connected with China's internal market. Both the fall of the imperial monetary system and the rise of economic nationalism in the early twentieth century reflected increasing contacts with the Asian international economy. Third, a study of intra-Asian trade and migration helps us understand the nature of colonialism and the international climate of imperialism. In spite of the adverse political environment, East Asian merchant and migration networks exploited economic opportunities, taking advantage of colonial institutional arrangements and even political conflicts. They made a contribution to national and regional economic development in the politically more favourable environment after the Second World War, by providing the valuable expertise and entrepreneurship they had accumulated prewar. The character of the international order of Asia, governed by Western powers, especially Britain, but shared also by Japan for most of the period, was "imperialism of free trade", although it eventually collapsed by the late 1930s.

Japan, China, and the Growth of the Asian International Economy, 1850-1949

Japan, China, and the Growth of the Asian International Economy, 1850-1949 PDF Author: Kaoru Sugihara
Publisher: OUP Oxford
ISBN: 0191522007
Category : Business & Economics
Languages : en
Pages : 312

Get Book Here

Book Description
Modern Asian economic history has often been written in terms of Western impact and Asia's response to it. This volume argues that the growth of intra-regional trade, migration, and capital and money flows was a crucial factor that determined the course of East Asian economic development. Twelve chapters are organized around three main themes. First, economic interactions between Japan and China were important in shaping the pattern of regional industrialization. Neither Japan nor China imported technology and organizations, and attempted to "catch up" with the West alone. Japan's industrialization took place, taking advantage of the Chinese merchant networks in Asia, while the Chinese competition was a critical factor in the Japanese technological and organizational "upgrading" in the interwar period. Second, the pattern of China's integration into the international economy was shaped by the growth of intra-Asian trade, migration, and capital flows and remittances. While the Western impact was largely confined to the littoral region of China, intra-Asian trade was more directly connected with China's internal market. Both the fall of the imperial monetary system and the rise of economic nationalism in the early twentieth century reflected increasing contacts with the Asian international economy. Third, a study of intra-Asian trade and migration helps us understand the nature of colonialism and the international climate of imperialism. In spite of the adverse political environment, East Asian merchant and migration networks exploited economic opportunities, taking advantage of colonial institutional arrangements and even political conflicts. They made a contribution to national and regional economic development in the politically more favourable environment after the Second World War, by providing the valuable expertise and entrepreneurship they had accumulated prewar. The character of the international order of Asia, governed by Western powers, especially Britain, but shared also by Japan for most of the period, was "imperialism of free trade", although it eventually collapsed by the late 1930s.

The Rise of Asia

The Rise of Asia PDF Author: Frank B. Tipton
Publisher: University of Hawaii Press
ISBN: 9780824820565
Category : Political Science
Languages : en
Pages : 550

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Book Description
For many years, Japan was seen as the peculiar exception in Asia: a highly dynamic economy isolated in an otherwise moribund continent. With the rise of the Southeast Asian and Chinese economies, however, it has now become clear that Asia as a whole is experiencing an extraordinary revolution which will result, within a very few years, in living standards for some countries being on a par with those in the West. The results of this transformation can only be guessed at, but The Rise of Asia adds a far greater sophistication to our understanding of how this process came about, treating the key areas of Asian life (economics, society and politics) as an integrated whole and avoiding the trap of most commentators, who see the phenomenon as an exclusively postwar economic issue. Balancing the uniquely Asian aspects with global developmental factors, Dr. Tipton creates a convincing picture of how this amazing change has occurred.

China, East Asia and the Global Economy

China, East Asia and the Global Economy PDF Author: Takeshi Hamashita
Publisher: Routledge
ISBN: 1134040296
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
Takeshi Hamashita, arguably Asia's premier historian of the longue durée, has been instrumental in opening a new field of inquiry in Chinese, East Asian and world historical research. Engaging modernization, Marxist and world system approaches, his wide-ranging redefinition of the evolving relationships between the East Asia regional system and the world economy from the sixteenth century to the present has sent ripples throughout Asian and international scholarship. His research has led him to reconceptualize the position of China first in the context of an East Asian regional order and subsequently within the framework of a wider Euro-American-Asian trade and financial order that was long gestating within, and indeed contributing to the shape of, the world market. This book presents a selection of essays from Takeshi Hamashita's oeuvre on Asian trade to introduce this important historian's work to the English speaking reader. It examines the many critical issues surrounding China and East Asia's incorporation to the world economy, including: Maritime perspectives on China, Asia and the world economy Intra-Asian trade Chinese state finance and the tributary trade system Banking and finance Maritime customs.

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.

ReORIENT

ReORIENT PDF Author: Andre Gunder Frank
Publisher: Univ of California Press
ISBN: 0520211294
Category : History
Languages : en
Pages : 447

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Book Description
"Frank shows how Marx and Weber got it all wrong. A fundamental rethinking of the rise of the West and the origin of the world-system. Absolutely essential to understanding world history."--Albert Bergesen, University of Arizona "The great virtue of this stimulating book is its relentless push to redefine our framework for thinking about the early modern economy. . . . A benchmark study."--R. Bin Wong, University of California, Irvine

Asia and the History of the International Economy

Asia and the History of the International Economy PDF Author: A.J.H. Latham
Publisher: Routledge
ISBN: 1351580426
Category : Business & Economics
Languages : en
Pages : 215

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Book Description
The Christian churches have frequently pioneered educational advances – from the seventh century down to the nineteenth. Schools, universities and colleges of education stand as tangible evidence of these efforts. Do all these ventures belong merely to educational history – relics of the days when Christianity was influential enough to play a leading part in education? Or has Christianity still a distinctive contribution to make to educational thought and practice? The educationalists who contributed to the Hibbert Lectures of 1965 are convinced that it has. They examine the nature of this contribution and show how it is to be made a time when education seems to be mainly influenced by secular rather than religious assumptions and aims. The six lectures fall into two main parts. Christianity in the schools is the theme of the first three; Christianity in higher education that of the last three.

Asia In The Global Economy: Finance, Trade And Investment

Asia In The Global Economy: Finance, Trade And Investment PDF Author: Ramkishen S Rajan
Publisher: World Scientific
ISBN: 9814475823
Category : Business & Economics
Languages : en
Pages : 273

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Book Description
This book consists of 20 short essays on different dimensions of international economic policy with specific (though not exclusive) focus on Asia. Topics covered include: exchange rate regimes and reserve buildup in Asia; global macroeconomic imbalances; financial sector liberalization; international capital flows to and from Asia; infrastructure financing in Asia; foreign direct investment (FDI) flows, production networks, manufacturing and outsourcing in Asia; the economic rise of China and India; and trade, financial and monetary regionalism in Asia. While the book covers important and often technical economic issues of contemporary policy relevance, it is written in a manner that is easily accessible to non-economists, including students of public policy, international affairs, international commerce and business, as well as policy-makers and interested observers.

South East Asia in the World-Economy

South East Asia in the World-Economy PDF Author: Chris J. Dixon
Publisher: Cambridge University Press
ISBN: 9780521312370
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
South East Asia has for many centuries occupied a pivotal position in the wider Asian economy, linking China and the Far East with India and the Middle East, and since the early 1500s the region has also played a major role in the world-economy. South East Asia in the World-economy is a textbook survey of the area's interaction with these wider regional and international structure. Professor Chris Dixon demonstrates how this region's role has undergone frequent and profound chance as a result of the successive emergency and dominance of mercantile, industrial and finance capital. He shows how the region has developed as a supplier of luxury product, such as spices; as a producer of bulk primary products; and how, since the mid 1960s, it has become a major recipient of investment and a favoured location for European and American markets. The author examines how these phases in the evolution of the international economy have been reflected in the relations of evolution of the production and in the spatial pattern of economic activity. He also discusses how the progressive integration of South East Asia in the world-economy has established the dominance of a small number of core areas and produced a pattern of uneven development throughout the region. In a concluding chapter, Chris Dixon explores the prospects for South East Asia in the 1990s in the light of the restructuring of the world-economy.

Why Europe Grew Rich and Asia Did Not

Why Europe Grew Rich and Asia Did Not PDF Author: Prasannan Parthasarathi
Publisher: Cambridge University Press
ISBN: 1139498894
Category : History
Languages : en
Pages : 385

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Book Description
Why Europe Grew Rich and Asia Did Not provides a striking new answer to the classic question of why Europe industrialised from the late eighteenth century and Asia did not. Drawing significantly from the case of India, Prasannan Parthasarathi shows that in the seventeenth and eighteenth centuries the advanced regions of Europe and Asia were more alike than different, both characterized by sophisticated and growing economies. Their subsequent divergence can be attributed to different competitive and ecological pressures that in turn produced varied state policies and economic outcomes. This account breaks with conventional views, which hold that divergence occurred because Europe possessed superior markets, rationality, science or institutions. It offers instead a groundbreaking rereading of global economic development that ranges from India, Japan and China to Britain, France and the Ottoman Empire and from the textile and coal industries to the roles of science, technology and the state.

Asian Economic Integration in an Era of Global Uncertainty

Asian Economic Integration in an Era of Global Uncertainty PDF Author: Shiro Armstrong
Publisher: ANU Press
ISBN: 1760461768
Category : Political Science
Languages : en
Pages : 315

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Book Description
The Pacific Trade and Development (PAFTAD) conference series has been at the forefront of analysing challenges facing the economies of East Asia and the Pacific since its first meeting in Tokyo in January 1968. The 38th PAFTAD conference met at a key time to consider international economic integration. Earlier in the year, the people of the United Kingdom voted to leave the European Union and the United States elected Donald Trump as their next president on the back of an inward-looking ‘America First’ promise. Brexit and President Trump represent a growing, and worrying, trend towards protectionism in the North Atlantic countries that have led the process of globalisation since the end of the Second World War. The chapters in the volume describe the state of play in Asian economic integration but, more importantly, look forward to the region’s future, and the role it might play in defending the global system that has underwritten its historic rise. Asia has the potential to stand as a bulwark against the dual threats of North Atlantic protectionism and slowing trade growth, but collective leadership will be needed regionally and difficult domestic reforms will be required in each country.