The Newly Industrializing Economies of East Asia

The Newly Industrializing Economies of East Asia PDF Author: Anis Chowdhury
Publisher: Routledge
ISBN: 1134861389
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
The phenomenal success of the East Asian Newly Industrializing Economies (NIEs) of Korea, Taiwan, Hong Kong, and Singapore is now well-known and documented. Their success has been discussed to such an extent that it has become entrenched as part of the folklore of development economics. The Newly Industrializing Economies of East Asia takes a fresh look at the relevant literature and sifts the rhetoric from the reality. In the course of surveying the vast range of writing two competing paradigms become clear: the neo-classical approach which interprets the East Asian economic miracle as the predictable outcome of `good' policies; and the statist perspective which draws attention to the central role of the government in guiding East Asian economic development. Throughout the book the authors mix country-specific experiences with broader trends.

The Newly Industrializing Economies of East Asia

The Newly Industrializing Economies of East Asia PDF Author: Anis Chowdhury
Publisher: Routledge
ISBN: 1134861389
Category : Business & Economics
Languages : en
Pages : 304

Get Book

Book Description
The phenomenal success of the East Asian Newly Industrializing Economies (NIEs) of Korea, Taiwan, Hong Kong, and Singapore is now well-known and documented. Their success has been discussed to such an extent that it has become entrenched as part of the folklore of development economics. The Newly Industrializing Economies of East Asia takes a fresh look at the relevant literature and sifts the rhetoric from the reality. In the course of surveying the vast range of writing two competing paradigms become clear: the neo-classical approach which interprets the East Asian economic miracle as the predictable outcome of `good' policies; and the statist perspective which draws attention to the central role of the government in guiding East Asian economic development. Throughout the book the authors mix country-specific experiences with broader trends.

The Newly Industrializing Economies of East Asia

The Newly Industrializing Economies of East Asia PDF Author: Anis Chowdhury
Publisher: Routledge
ISBN: 1134861397
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
Offers a careful synthesis of a vast and disparate literature and makes it accessible to student readership. Points to the need to take a closer look at the future evolution of the East Asian NIEs in an era of democratisation.

The Newly Industrialising Economies of East Asia

The Newly Industrialising Economies of East Asia PDF Author: Anis Chowdhury
Publisher: Psychology Press
ISBN: 0415097495
Category : East Asia
Languages : en
Pages : 304

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Book Description
In surveying the vast range of writing on the East Asian NIEs and their development paths, this book evaluates the competing roles of neo-classical approaches and central government intervention in guiding economic development.

The Newly Industrializing Economies of Asia

The Newly Industrializing Economies of Asia PDF Author: Manfred Kulessa
Publisher: Springer Science & Business Media
ISBN: 3642757057
Category : Business & Economics
Languages : en
Pages : 367

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Book Description
Where development is concerned, our language and perhaps our way of thinking often ap pear somewhat distorted. If anything, the Asian economies with their most impressive and dynamic growth should logically be called developing countries. Instead, we call them threshold countries, newly industrializing countries (NICs) or newly industrializing eco nomies (NIEs), the latter term taking into account the Chinese argument that Hong Kong and Taiwan should not be considered countries. During the eighties, when Latin American NICs became the main victims of the debt crisis, the NIEs of East Asia (EANIEs), the little tigers or dragons, presented most impres sive examples of growth through orientation to world trade, fitting well into the Japanese 'flying-geese' concept. Naturally, questions were raised as to the reasons for this success, the lessons other countries could draw from it, and the outlook for the future. At the same time, the establis hed industrial countries wanted to know what NIE competition might mean for them. In 1988, the OECD published a study entitled "The NIEs -Challenge and Opportunity for OECD Industries". The NIBs had become a fashionable object of research and debate. In Western Europe, where countries are preparing for a period offurtherintegration and East-West cooperation, it seems worth-while to also consider the role ofthe EANIEs and the options for cooperation they represent. Moreover, the NIEs themselves are following development in Europe with some concern and are trying to adjust to the new situation as it emerges.

The Newly Industrializing Countries of Asia

The Newly Industrializing Countries of Asia PDF Author: Gerald Tan
Publisher:
ISBN:
Category : Asia
Languages : en
Pages : 404

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Book Description


The Newly Industrialising Countries of Asia

The Newly Industrialising Countries of Asia PDF Author: Gerald Tan
Publisher: Marshall Cavendish Academic
ISBN:
Category : Business & Economics
Languages : en
Pages : 434

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Book Description
This book presents a comparative analysis of the Newly Industrialising Countries (NICS) of Asia (Hong Kong, Singapore, South Korea and Taiwan) in the light of analytical debates in the development economics literature, the factors which explain their emergence, and their future in the increasingly hostile international economic environment of the 1990s. Revised and updated, this new edition takes into account the recent momentous changes that have hit the NICs, including the asian currency crisis.

The Key to the Asian Miracle

The Key to the Asian Miracle PDF Author: Jose Edgardo Campos
Publisher: Brookings Institution Press
ISBN: 9780815723035
Category : Political Science
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. 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.

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

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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?

Strategic Coupling

Strategic Coupling PDF Author: Henry Wai-chung Yeung
Publisher: Cornell University Press
ISBN: 1501704273
Category : Political Science
Languages : en
Pages : 309

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Book Description
In Strategic Coupling, Henry Wai-chung Yeung examines economic development and state-firm relations in East Asia, focusing in particular on South Korea, Taiwan, and Singapore. As a result of the massive changes of the last twenty-five years, new explanations must be found for the economic success and industrial transformation in the region. State-assisted startups and incubator firms in East Asia have become major players in the manufacture of products with a global reach: Taiwan's Hon Hai Precision has assembled more than 500 million iPhones, for instance, and South Korea’s Samsung provides the iPhone’s semiconductor chips and retina displays. Drawing on extensive interviews with top executives and senior government officials, Yeung argues that since the late 1980s, many East Asian firms have outgrown their home states, and are no longer dependent on state support; as a result the developmental state has lost much of its capacity to steer and direct industrialization. We cannot read the performance of national firms as a direct outcome of state action. Yeung calls for a thorough renovation of the still-dominant view that states are the primary engine of industrial transformation. He stresses action by national firms and traces various global production networks to incorporate both firm-specific activities and the international political economy. He identifies two sets of dynamics in these national-global articulations known as strategic coupling: coevolution in the confluence of state, firm, and global production networks, and the various strategies pursued by East Asian firms to attain competitive positions in the global marketplace.

Industrial Restructuring in East Asia

Industrial Restructuring in East Asia PDF Author: Seiichi Masuyama
Publisher: Institute of Southeast Asian Studies
ISBN: 9789812301352
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
Divided into three parts, this volume covers industrial restructuring in Southeast Asian economies, restructuring in Asia's newly industrialized economies, and industrial restructuring in the two large Asian economies.