The East Asian development model : economic growth, institutional failure and the aftermath of the crisis

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The East Asian development model : economic growth, institutional failure and the aftermath of the crisis

edited by Frank-Jürgen Richter

Macmillan Press , St. Martin's Press, 2000

  • : uk
  • : us : cloth

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Includes bibliographical references and indexes

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Description

At the turn of the millennium, there is much discussion about the demise of Asian capitalism. The East Asian development model, which built the theoretical and institutional framework of growth in the region, is blamed along with the rest of what was once called the East Asian miracle. In an effort to provide a rich, textured analysis of the East Asian economies, Frank-Jurgen Richter presents a collection of essays that explores the perspectives of the East Asian development model. The contributors provide a cohesive review of the East Asian development model, exploring its cultural heritage, the political context through which it arose, its basic assumptions, and its recent failures. In particular, they identify the causes and consequences of the Asian economic crisis, describe the features of economic development throughout the region, and discuss the strategic responses of Asian firms to newly emerging economic environments. The works collected here make an important contribution to a new Asian economic framework that recognizes and emphasizes the opportunities for the rebuilding of East Asia. A unique resource for scholars and professionals in the fields of economics and management, this book enables a complex analysis of one of the world's most challenging regions.

Table of Contents

Economic Development and Crises in East Asia: An Introduction PART 1: THE ASIAN ECONOMIC CRISES Asia's 1997 Crash: Its Character, Causes and Consequences The Institutional Basis of Asia's Economic Crises Political Foundations of Economic Management: An Interpretation of Economic Development and Economic Crisis in East Asia The Asian Economic Crisis? Three Perspectives on the Unfolding Problems in the Global Economy PART 2: VARIANTS OF THE EAST ASIAN DEVELOPMENT MODEL Thailand, Japan and the East Asian Development Model: The Asian Economic Crises in World System Perspective A Reflection of the East Asian Development Model: A Comparison of South Korean and Taiwanese Experiences Dual Sources of the Korean Economic Crisis: Institutional and Organizational Failures and the Structural Transformation of the Korean Economy The Malaysian Variant of the East Asian Development Model Suharto's Tax on Indonesia's Future ASEAN Position in the New Asia Order after the Economic Crisis: Management Strategies of Singapore, 'Present Pain for Future Gain' China's Economic Growth and Transformation: Impacts upon the World Economy Governance, Fertility Transition and Economic Development: Cross-Country Evidence, East Asia and the Case of China PART 3: STRATEGIC RESPONSES OF ASIAN FIRMS Successful Strategies in Post-Crises Asia New Development Model for a Post-Matured Japanese Industrial Sector Restructuring Asian Network Groups: Managing Around Core Competencies as Way Out of the Crises

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