Author: José Edgardo L. Campos
Publisher: Brookings Institution Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 224
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. Finally, to inhibit favoritism and corruption that would benefit narrow interest groups at the expense of broad-based development, these countries' leaders constructed a competent bureaucracy that balanced autonomy with accountability to serve all interests, including the poor. This important book provides useful lessons about how developing and newly industrialized countries can build institutions to implement growth-promoting policies.
The Key to the Asian Miracle
Author: José Edgardo L. Campos
Publisher: Brookings Institution Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 224
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. Finally, to inhibit favoritism and corruption that would benefit narrow interest groups at the expense of broad-based development, these countries' leaders constructed a competent bureaucracy that balanced autonomy with accountability to serve all interests, including the poor. This important book provides useful lessons about how developing and newly industrialized countries can build institutions to implement growth-promoting policies.
Publisher: Brookings Institution Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 224
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. Finally, to inhibit favoritism and corruption that would benefit narrow interest groups at the expense of broad-based development, these countries' leaders constructed a competent bureaucracy that balanced autonomy with accountability to serve all interests, including the poor. This important book provides useful lessons about how developing and newly industrialized countries can build institutions to implement growth-promoting policies.
The East Asian Miracle and Information Technology
Author: Nagy Hanna
Publisher: World Bank Publications
ISBN: 0821336541
Category : Business & Economics
Languages : en
Pages : 193
Book Description
World Bank Discussion Paper No. 326.Draws on the successful experiences of five East Asian economies--Japan, the Republic of Korea, Singapore, Taiwan (China), and Hong Kong--to show how they have exploited the opportunities made possible by the information technology revolution and built sustainable competitive advantages in many high-value-added industries and services. The study examines the role of government in unleashing private-sector response, promoting the information technology industry, diffusing technology, and focusing resources on strategic elements of the national information infrastructure. It also explores the role of the private sector in influencing the development and use of the new technologies.
Publisher: World Bank Publications
ISBN: 0821336541
Category : Business & Economics
Languages : en
Pages : 193
Book Description
World Bank Discussion Paper No. 326.Draws on the successful experiences of five East Asian economies--Japan, the Republic of Korea, Singapore, Taiwan (China), and Hong Kong--to show how they have exploited the opportunities made possible by the information technology revolution and built sustainable competitive advantages in many high-value-added industries and services. The study examines the role of government in unleashing private-sector response, promoting the information technology industry, diffusing technology, and focusing resources on strategic elements of the national information infrastructure. It also explores the role of the private sector in influencing the development and use of the new technologies.
The East Asian Miracle
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 389
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 389
Book Description
The East Asian Miracle and Information Technology
Author: Nagy Hanna
Publisher:
ISBN:
Category :
Languages : en
Pages : 242
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 242
Book Description
The East Asian Miracle and Information Technology
Author: Nagy Hanna
Publisher: World Bank Publications
ISBN: 9780821345771
Category : Business & Economics
Languages : en
Pages : 452
Book Description
World Bank Discussion Paper No. 326.Draws on the successful experiences of five East Asian economies--Japan, the Republic of Korea, Singapore, Taiwan (China), and Hong Kong--to show how they have exploited the opportunities made possible by the information technology revolution and built sustainable competitive advantages in many high-value-added industries and services. The study examines the role of government in unleashing private-sector response, promoting the information technology industry, diffusing technology, and focusing resources on strategic elements of the national information infrastructure. It also explores the role of the private sector in influencing the development and use of the new technologies.
Publisher: World Bank Publications
ISBN: 9780821345771
Category : Business & Economics
Languages : en
Pages : 452
Book Description
World Bank Discussion Paper No. 326.Draws on the successful experiences of five East Asian economies--Japan, the Republic of Korea, Singapore, Taiwan (China), and Hong Kong--to show how they have exploited the opportunities made possible by the information technology revolution and built sustainable competitive advantages in many high-value-added industries and services. The study examines the role of government in unleashing private-sector response, promoting the information technology industry, diffusing technology, and focusing resources on strategic elements of the national information infrastructure. It also explores the role of the private sector in influencing the development and use of the new technologies.
How Asia Works
Author: Joe Studwell
Publisher: Open Road + Grove/Atlantic
ISBN: 0802193471
Category : Business & Economics
Languages : en
Pages : 434
Book Description
“A good read for anyone who wants to understand what actually determines whether a developing economy will succeed.” —Bill Gates, “Top 5 Books of the Year” An Economist Best Book of the Year from a reporter who has spent two decades in the region, and who the Financial Times said “should be named chief myth-buster for Asian business.” In How Asia Works, Joe Studwell distills his extensive research into the economies of nine countries—Japan, South Korea, Taiwan, Indonesia, Malaysia, Thailand, the Philippines, Vietnam, and China—into an accessible, readable narrative that debunks Western misconceptions, shows what really happened in Asia and why, and for once makes clear why some countries have boomed while others have languished. Studwell’s in-depth analysis focuses on three main areas: land policy, manufacturing, and finance. Land reform has been essential to the success of Asian economies, giving a kick-start to development by utilizing a large workforce and providing capital for growth. With manufacturing, industrial development alone is not sufficient, Studwell argues. Instead, countries need “export discipline,” a government that forces companies to compete on the global scale. And in finance, effective regulation is essential for fostering, and sustaining growth. To explore all of these subjects, Studwell journeys far and wide, drawing on fascinating examples from a Philippine sugar baron’s stifling of reform to the explosive growth at a Korean steel mill. “Provocative . . . How Asia Works is a striking and enlightening book . . . A lively mix of scholarship, reporting and polemic.” —The Economist
Publisher: Open Road + Grove/Atlantic
ISBN: 0802193471
Category : Business & Economics
Languages : en
Pages : 434
Book Description
“A good read for anyone who wants to understand what actually determines whether a developing economy will succeed.” —Bill Gates, “Top 5 Books of the Year” An Economist Best Book of the Year from a reporter who has spent two decades in the region, and who the Financial Times said “should be named chief myth-buster for Asian business.” In How Asia Works, Joe Studwell distills his extensive research into the economies of nine countries—Japan, South Korea, Taiwan, Indonesia, Malaysia, Thailand, the Philippines, Vietnam, and China—into an accessible, readable narrative that debunks Western misconceptions, shows what really happened in Asia and why, and for once makes clear why some countries have boomed while others have languished. Studwell’s in-depth analysis focuses on three main areas: land policy, manufacturing, and finance. Land reform has been essential to the success of Asian economies, giving a kick-start to development by utilizing a large workforce and providing capital for growth. With manufacturing, industrial development alone is not sufficient, Studwell argues. Instead, countries need “export discipline,” a government that forces companies to compete on the global scale. And in finance, effective regulation is essential for fostering, and sustaining growth. To explore all of these subjects, Studwell journeys far and wide, drawing on fascinating examples from a Philippine sugar baron’s stifling of reform to the explosive growth at a Korean steel mill. “Provocative . . . How Asia Works is a striking and enlightening book . . . A lively mix of scholarship, reporting and polemic.” —The Economist
East Asian Business in the New World
Author: Shaomin Li
Publisher: Elsevier
ISBN: 9780081012833
Category :
Languages : en
Pages : 320
Book Description
"East Asian Business in the New World" discusses how to conduct business in East Asia. The main objective of the book is to help American workers and American businesses gain competitive advantages in the global marketplace, in which the emerging Asian economies are rapidly becoming major players. The American economy appears to be on decline, especially relative to the rapidly rising economies such as China. To revitalize the American economy and those of the old world, we must pay close attention to the economies with which America competes. The objective of this book is two-fold: First, to focus opportunities and challenges of doing business in East Asia. The book will help readers understand Asian economies and business practices so that they can compete more successfully in Asia. Second, to discuss how the U.S. can learn from East Asia in revitalizing its own economy. This sets the book apart. It analyzes the social institutions in major Asian countries, including the political, economic, and cultural institutions, and compares them with the institutions in the U.S., identifying the strengths and weaknesses of the U.S. institutions, and providing strategic and policy recommendations that may help the U.S. economy and firms to compete in the global marketplace. Discuss how America and older economies can learn from AsiaProvides a theoretical framework of rule-based vs. relation-based governance to help readers understand the differences in doing business in Asia vs. doing business in mature economiesOffers business insights based on the author s business experience in AsiaApproaches the topic from a comparative perspective"
Publisher: Elsevier
ISBN: 9780081012833
Category :
Languages : en
Pages : 320
Book Description
"East Asian Business in the New World" discusses how to conduct business in East Asia. The main objective of the book is to help American workers and American businesses gain competitive advantages in the global marketplace, in which the emerging Asian economies are rapidly becoming major players. The American economy appears to be on decline, especially relative to the rapidly rising economies such as China. To revitalize the American economy and those of the old world, we must pay close attention to the economies with which America competes. The objective of this book is two-fold: First, to focus opportunities and challenges of doing business in East Asia. The book will help readers understand Asian economies and business practices so that they can compete more successfully in Asia. Second, to discuss how the U.S. can learn from East Asia in revitalizing its own economy. This sets the book apart. It analyzes the social institutions in major Asian countries, including the political, economic, and cultural institutions, and compares them with the institutions in the U.S., identifying the strengths and weaknesses of the U.S. institutions, and providing strategic and policy recommendations that may help the U.S. economy and firms to compete in the global marketplace. Discuss how America and older economies can learn from AsiaProvides a theoretical framework of rule-based vs. relation-based governance to help readers understand the differences in doing business in Asia vs. doing business in mature economiesOffers business insights based on the author s business experience in AsiaApproaches the topic from a comparative perspective"
Economic Development in a Globalized Environment
Author: Henry Y. Wan Jr.
Publisher: Springer Science & Business Media
ISBN: 1441989412
Category : Business & Economics
Languages : en
Pages : 407
Book Description
Is the East Asian growth record replicable today? This book answers: yes. It places the common East Asian theme in the theoretic context of product cycles, globalization and convergence and the historical perspective of the "German Miracle" after World War II, also the more recent Irish growth; it identifies the effective policies for sustained, rapid growth by structured comparisons among different economies; it evaluates the strengths and weaknesses of the alternative policy packages of Korea, Taiwan, Hong Kong, and Singapore, in the light of such recent events like global trend for liberalization, and the Crises of 1997 and 2001. Economic Development in a Globalized Environment also scrutinizes the major debates in development economics, using documented cases, and analytic reasoning for support.
Publisher: Springer Science & Business Media
ISBN: 1441989412
Category : Business & Economics
Languages : en
Pages : 407
Book Description
Is the East Asian growth record replicable today? This book answers: yes. It places the common East Asian theme in the theoretic context of product cycles, globalization and convergence and the historical perspective of the "German Miracle" after World War II, also the more recent Irish growth; it identifies the effective policies for sustained, rapid growth by structured comparisons among different economies; it evaluates the strengths and weaknesses of the alternative policy packages of Korea, Taiwan, Hong Kong, and Singapore, in the light of such recent events like global trend for liberalization, and the Crises of 1997 and 2001. Economic Development in a Globalized Environment also scrutinizes the major debates in development economics, using documented cases, and analytic reasoning for support.
Understanding East Asia's Economic "miracles"
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.
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.
The Economic Rise of East Asia
Author: Linda Glawe
Publisher: Springer Nature
ISBN: 3030871282
Category : Business & Economics
Languages : en
Pages : 356
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.
Publisher: Springer Nature
ISBN: 3030871282
Category : Business & Economics
Languages : en
Pages : 356
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.