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Building a Prosperous Southeast Asia : Moving from Ersatz to Echt Capitalism - Kunio Yoshihara

Building a Prosperous Southeast Asia

Moving from Ersatz to Echt Capitalism

Hardcover Published: 19th May 1999
ISBN: 9780700712519
Number Of Pages: 101

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Professor Yoshihara, an international expert on the Southeast Asian economies, looks beyond the causes of the current crisis to discuss what can be done to build a dynamic economy in Asia to ensure prosperity for the future. He takes the viewpoint that the only way to achieve this is to promote integration into the global economy through free trade and free capital movement. He puts forward a convincing argument that government intervention is not the way forward and has in fact helped cause the present crisis. But a prosperous future is possible, he argues, by renovating institutions and adapting new attitudes. A most timely book with lessons for other parts of the world as well as for Southeast Asia.

Preface
The Economic Crisis: How serious is it and how did it all begin?p. 1
The crisisp. 1
Thailand: the epicenterp. 6
Contagionp. 12
The crisis deepens in Indonesiap. 17
Don't Think Retro!p. 23
Go for a barrier-free worldp. 23
Opt for a fixed exchange rate regimep. 28
Be more openp. 34
Government Should Specialize and Strengthenp. 41
Establish free market rulesp. 41
Fair referees are neededp. 45
Fair rules and refereeing for the weak as well as for the strongp. 49
How to create free market rules and fair refereesp. 53
Reinventing Culturep. 57
Institutions and culturep. 57
Political culturep. 61
Culture and individual choicep. 65
Cultural policyp. 69
Brave the Futurep. 74
Adopt the Hong Kong modelp. 74
Confront the 'nationalists'p. 78
Basic guidelines for building a dynamic economyp. 83
Capitalism is politically determinedp. 88
A political action programp. 94
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9780700712519
ISBN-10: 0700712518
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 101
Published: 19th May 1999
Country of Publication: GB
Dimensions (cm): 21.44 x 16.97  x 0.76
Weight (kg): 0.18
Edition Number: 1