Restoring East Asias Dynamism

Author : Seiichi Masuyama
Publisher : Institute of Southeast Asian Studies
ISBN 13 : 9789812301055
Total Pages : 354 pages
Book Rating : 4.54/5 ( download)

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Download or read book Restoring East Asia's Dynamism written by Seiichi Masuyama and published by Institute of Southeast Asian Studies. This book was released on 2000 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume addresses issues that are critical to defining a new paradigm for East Asian economic growth. Specifically, the authors examine the strategies adopted in coping with the crisis; policy responses to rectify weaknesses that might have induced or aggravated the crisis; and structural problems to be resolved in order to bring East Asian economies back firmly to a path of long-term growth.

Author : Ho-chʻŏl Yi
Publisher : World Bank Publications
ISBN 13 : 0404042627
Total Pages : 64 pages
Book Rating : 4.22/5 ( download)

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Download or read book East Asia's Dynamic Development Model and Teh Republic of Korea's Experiences written by Ho-chʻŏl Yi and published by World Bank Publications. This book was released on 2003 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: No region has been more dynamic in recent years than East Asia. Despite its successful economic development, evaluations of the East Asian development model have often been capricious, shifting from "miracle" to "cronyism." How can we explain East Asia's ups and downs consistently? To respond to this challenge, it is necessary to study the progress of East Asian development and to trace the influence of Asian cultural values. This study mainly focuses on cultural aspects of economic progress and analyzes East Asia's philosophical and historical backgrounds to explain the dynamic process. East Asians believe that balance between opposite but complementary forces, Yin and Yang, will ensure social stability and progress. Through repeated rebalancing to maintain harmony, the society comes to maturity. In traditional East Asian societies, a balance was maintained between Confucianism (Yang) and Taoism, Buddhism, and other philosophies (Yin). In modern societies, the challenge is to balance traditional systems (Yang) and Western style capitalism (Yin). This East Asian development model explains the Republic of Korea's rise, fall, and recovery. Korea was a poor country until the early 1960s, during the time when spiritualism (Yang) dominated. From the 1960s through the 1980s, Korea achieved rapid growth by finding a new balance and moving toward materialism (Yin) from spiritualism (Yang). But the failure to maintain a harmonious balance between cooperatism and collectivism (Yang) and individualism (Yin) led to major weaknesses in labor and financial markets that contributed significantly to the financial crisis in 1997. As Korea arrived at a new balance by instituting reform programs, the venture-oriented information and communication technology (ICT) industry blossomed and led to a rapid economic recovery. Since 2000, domestic financial scandals and political corruption have emerged as new social issues. Korea's next challenge is to find a new harmonization between moralism (Yang) and legalism (Yin). This paper-a product of the Office of the Senior Vice President and Chief Economist, Development Economics-is part of a larger effort in the Bank to examine institutional and cultural foundations of development across regions and countries.

Author : Joseph E. Stiglitz
Publisher : World Bank Publications
ISBN 13 : 0195216008
Total Pages : 538 pages
Book Rating : 4.04/5 ( download)

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Download or read book Rethinking the East Asian Miracle written by Joseph E. Stiglitz and published by World Bank Publications. This book was released on 2001-06-01 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides highly illuminating, analytic perspectives on key facets of the East Asian economies. It discusses weaknesses in the financial sector, corporate governance, exchange rate and trade policies, regulatory capability, and proposes remedies. Rethinking the East Asian Miracle is an indispensable book for all those with an interest in East Asia's prospects in the early decades of the new century.

Author : Ho-Chul Lee
Publisher :
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.24/5 ( download)

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Download or read book East Asia's Dynamic Development Model and the Republic of Korea's Experiences written by Ho-Chul Lee and published by . This book was released on 2016 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: No region has been more dynamic in recent years than East Asia. Despite its successful economic development, evaluations of the East Asian development model have often been capricious, shifting from quot;miraclequot; to quot;cronyism.quot; How can we explain East Asia's ups and downs consistently? To respond to this challenge, it is necessary to study the progress of East Asian development and to trace the influence of Asian cultural values. This study mainly focuses on cultural aspects of economic progress and analyzes East Asia's philosophical and historical backgrounds to explain the dynamic process.East Asians believe that balance between opposite but complementary forces, Yin and Yang, will ensure social stability and progress. Through repeated rebalancing to maintain harmony, the society comes to maturity. In traditional East Asian societies, a balance was maintained between Confucianism (Yang) and Taoism, Buddhism, and other philosophies (Yin). In modern societies, the challenge is to balance traditional systems (Yang) and Western style capitalism (Yin).This East Asian development model explains the Republic of Korea's rise, fall, and recovery. Korea was a poor country until the early 1960s, during the time when spiritualism (Yang) dominated. From the 1960s through the 1980s, Korea achieved rapid growth by finding a new balance and moving toward materialism (Yin) from spiritualism (Yang). But the failure to maintain a harmonious balance between cooperatism and collectivism (Yang) and individualism (Yin) led to major weaknesses in labor and financial markets that contributed significantly to the financial crisis in 1997. As Korea arrived at a new balance by instituting reform programs, the venture-oriented information and communication technology (ICT) industry blossomed and led to a rapid economic recovery. Since 2000, domestic financial scandals and political corruption have emerged as new social issues. Korea's next challenge is to find a new harmonization between moralism (Yang) and legalism (Yin).This paper - a product of the Office of the Senior Vice President and Chief Economist, Development Economics - is part of a larger effort in the Bank to examine institutional and cultural foundations of development across regions and countries.

Author : Jeffrey Henderson
Publisher : Taylor & Francis
ISBN 13 : 113684113X
Total Pages : 184 pages
Book Rating : 4.32/5 ( download)

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Download or read book East Asian Transformation written by Jeffrey Henderson and published by Taylor & Francis. This book was released on 2011-02-25 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together benchmark essays in the field of global political economy, covering the key political-economic issues of East Asian development: the relation between the state and markets; the changing nature of economic governance and its relation to inequality; and the rise of China and its international consequences.

Author : Melissa Curley
Publisher : Routledge
ISBN 13 : 1134273819
Total Pages : 319 pages
Book Rating : 4.12/5 ( download)

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Download or read book Advancing East Asian Regionalism written by Melissa Curley and published by Routledge. This book was released on 2012-10-12 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developments in East Asia have progressed rapidly in terms of regionalism since the 1997 crisis. The end of the Asian miracle called into question not only the capacity of regional states to meet the needs of their attendant peoples, but also challenged the viability of regional organizations, such as ASEAN, to adapt and respond to the changing circumstances. Advancing East Asian Regionalism looks at the ways in which ASEAN has expanded since the crisis, and evaluates the potential of East Asia to come together in a regional formation - one capable of representing the region as a whole - akin to the European Community. It draws upon the knowledge and perspectives of academics and policy makers actively engaged in the contradictory issues of regionalism. Coupling case study material on regionalism, institutions, and sectoral cooperation, with theoretical debates on regionalization, this book is an invaluable resource that pushes our understanding of East Asian regionalism forward.

Author : Pradumna Bickram Rana
Publisher : World Scientific
ISBN 13 : 9814458198
Total Pages : 276 pages
Book Rating : 4.91/5 ( download)

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Download or read book Renaissance Of Asia: Evolving Economic Relations Between South Asia And East Asia written by Pradumna Bickram Rana and published by World Scientific. This book was released on 2012-03-14 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: A recent study by the Asian Development Bank notes that by 2050, Asia's per capita income would rise six-fold to reach Europe's levels today, one of many indications of Asia's “re-emergence”. By then, Asia's share of global GDP would have doubled and it would have regained the dominant economic position it once held some 300 years ago before the industrial revolution.What is less well-known is that during the previous eras of globalization, Asia was also regionally integrated and globally connected. During the 19th and the first half of the 20th centuries, Asia was divided and fragmented.This unique book argues that, led by the economic dynamism and “re-encountering” between China and India, we are witnessing the “Renaissance of Asia”. As in the bygone eras, Asia is integrating within itself and the global economy is intensifying, now driven by market-oriented production networks and economic policies. Asia is starting to be “re-centered” as trade and investment relations between South Asia and East Asia surge. Asia's rise is a restoration of the past, not a revolution. This book is a must-read for anyone interested in the economic development of Asia.

Author : Steve Chan
Publisher : Westview Press
ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.12/5 ( download)

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Download or read book East Asian Dynamism written by Steve Chan and published by Westview Press. This book was released on 1990-08-29 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Masao Ishikura
Publisher : Emerald Group Publishing
ISBN 13 : 178714478X
Total Pages : 329 pages
Book Rating : 4.81/5 ( download)

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Download or read book Return of Marxian Macro-dynamics in East Asia written by Masao Ishikura and published by Emerald Group Publishing. This book was released on 2017-08-21 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important and timely volume brings together experts in political economy from across the globe, to comment on the return of Marxian macro-dynamics in East Asia. The contributions explore macro-dynamics, the role of the state and hegemony in the context of transnational capitalism, and Marxian alternatives for East Asia.

Author : Seiichi Masuyama
Publisher : Institute of Southeast Asian Studies
ISBN 13 : 9812301364
Total Pages : 358 pages
Book Rating : 4.69/5 ( download)

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Download or read book Industrial Restructuring in East Asia written by Seiichi Masuyama and published by Institute of Southeast Asian Studies. This book was released on 2001-12-01 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about the restructuring of industry in ten East Asian economies at the start of the twenty-first century. It examines the dynamic aspects of the region's industrial structures -- the changes occurring with globalisation fuelled by liberalisation and by a paradigm shift from industrial technology to information technology. The traditional "flying geese" concept is less relevant to explaining the economic and industrial development in the region as the pattern has become less predictable.