Economic Development in a Globalized Environment: East Asian Evidences [Paperback]

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.

1: General Considerations.- 1: Introduction.- 2: Replicable Cases?.- 3: Conditions for Sustained Growth.- 4: Channels for Technology Acquisition.- 5: Major Debates in Economic Development.- 6: Crisis amidst Growth.- 2: Economy-Specific Evidence.- 7: The Republic of Korea.- 8: Taiwan.- 9: Hong Kong.- 10: Singapore.- 11: Outward Oriented Development Elsewhere.- 12: Conclusions.- Appendix: Problems for General Review.- Indices.- A Note for Users of Our Indices.- Author Index.- Subject IndexGeneral.- Subject IndexStructured Comparisons. This highly original book cleverly combines pointed theoretical insights with sharp site-specific observation. Henry Wan believes that the key to rapid growth in East Asian development has been a successful process of selective catching-up technologically with world best practice. Yes, yes, you will say, but what should one do? A careful reader will come away with an organized knowledge of what has been done, what worked, and what didn't, ranging all the way from broad social institutions to particular regulations, along with an agenda for thought and action. (Robel#