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Achieving Industrialization in East Asia : Trade and Development - Helen Hughes

Achieving Industrialization in East Asia

Trade and Development

By: Helen Hughes (Editor)

Hardcover

Published: 22nd September 2006
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This book examines the economic success of the newly industrializing economies of East Asia. Judged in terms of economic growth, or by a combination of economic and welfare criteria, this group of East Asian countries has established a clear lead over other developing areas of the world. The authors seek to identify the economic policies that have been critical to success. They analyze the varied political backgrounds and cultural heritages which enabled such a disparate group of coountries to choose successful routes to rapid growth. The East Asian countries possess widely divergent endowments of resources, but they face the same international environment as other countries. What has led to their economic achievements? One answer is 'unshackling exports' that most of the Asian countries had shackled in the first place. Other policy strands included political stability, the rule of law and economic policies that distorted prices less than other developing countries. Equally important have been investment in facilities of the social and physical infrastructure. The book's contributors argue that governments thus provided the environment for growth. Private enterprise contributed investment despite risk of uncertainty, and through exposure to international competition became efficient and profitable.

List of figures
List of tables
Contributors to this volume
Preface
Abbreviations
Symbols
Economic development in East Asia: doing what comes naturally?
industrialization and growth: alternative views of East Asia
The role of trade policies in the industrialization of rapidly growing Asian developing countries
The role of foreign capital in East Asian industrialization, growth and development
The role of government in overcoming market failure: Taiwan, Republic of Korea and Japan
Growth, industrialization and economic structure: Latin America and East Asia compared
Ideology and industrialization in India and East Asia
Japan: model for East Asian industrialization?
The politics of industrialization in the Republic of Korea and Taiwan
Economic growth in the ASEAN Region: the political underpinnings
Culture and industrialization
Bibliography
Index
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521351294
ISBN-10: 0521351294
Series: Trade and Development
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 396
Published: 22nd September 2006
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 21.6 x 13.8  x 2.5
Weight (kg): 0.65