In surveying the vast range of writing on the East Asian NIEs and their development paths, this book evaluates the competing roles of neo-classical approaches and central government intervention in guiding economic development.

The phenomenal success of the East Asian Newly Industrializing Economies (NIEs) of Korea, Taiwan, Hong Kong, and Singapore is now well-known and documented. Their success has been discussed to such an extent that it has become entrenched as part of the folklore of development economics. The Newly Industrializing Economies of East Asia takes a fresh look at the relevant literature and sifts the rhetoric from the reality. In the course of surveying the vast range of writing two competing paradigms become clear: the neo-classical approach which interprets the East Asian economic miracle as the predictable outcome of `good' policies; and the statist perspective which draws attention to the central role of the government in guiding East Asian economic development. Throughout the book the authors mix country-specific experiences with broader trends.

Focuses both on specific regional organizations like ASEAN, The Asian Development Bank and APEC, as well as on key institutions such as East Asian legal systems, the media, organized labour, Asian business systems, and the developmental state.

First published in 1997, this volume reflects an attempt to put order in the place of what appears to be chaos amidst East Asia’s rapid dash toward economic development. With experiences of Turkey during and after martial law, Italy during the Red Brigade, England during the ‘Winter of Discontent’, post-Franco Spain’s stumbling embrace of democracy, Poland in the beginning of the solidarity movement, South Africa in the crumbling of apartheid, China during the early student protests and Europe when the Iron Curtain was lifted, Christopher Lingle applies these ideas to modern developments in East Asia, providing an intriguing, counter-intuitive, refreshing take on its economies.

Annotation Europe and East Asia analyzes the economic relationship that has evolved between two powers -- the European Union and East Asia and its future prospects, especially in the wake of the recent financial crisis that has shaken the East Asian region. This book argues that the European Union must afford greater priority in promoting its economic relationship with East Asian countries.

This important new text examines the crucial social and cultural factors associated with the rise of the Asia- Pacific region at the end of the Twentieth Century. It takes a close look at those areas which have affected the everyday life of the people most directly. These include: * the family * gender relations and the position of women * religion * the arts, with specific reference to film * ethnic relations and population migration * education, and the images of the Asia-Pacific. The authors discuss real tensions between tradition and modernity in different nations of the Asia-Pacific, exploring the effects that economic growth has on powerful traditional cultures.

In the new edition of this important contribution to understanding both the Asian economic miracle and the 1997-8 crisis, Richard Stubbs assesses the main explanations to date and updates the analysis to take account of globalization and the remarkable economic rise of China.

First Published in 2005. Routledge is an imprint of Taylor & Francis, an informa company.

This book looks at the debates on global value chains (GVCs) and free trade agreements (FTAs) as springboards for industrial development in developing countries, especially India. It connects the outcomes in GVC-led industrial restructuring and upgrading to industrial policy choices in trade and FDI liberalisation, in particular those through FTAs. With the share of manufacturing in GDP stagnant at around 15–16% since the 1980s, India’s policymakers have pinned their hopes on greater integration into GVCs to revitalise the manufacturing sector. The multiple FTAs the country has signed over the last few years, specifically the ones with the Association of Southeast Asian Nations (ASEAN), South Korea, Malaysia and Japan have been sought to be rationalised using the same argument. The book argues that failing to factor in the industrial policy causalities involved in sustainable indigenous technology development, structural barriers to the entry into GVCs, the assessments of the available evidence on the adverse impact of trade and FDI liberalisation as well as existing FTAs on firm-level incentives for undertaking domestic production, and the industrial policy constraints imposed by FTAs can prove costly for the trajectories of developing country economies, including India. Rich in data, this book will be useful to scholars and researchers of development economics, economics in general, development studies and public policy as well as government bodies, industry experts and policymakers.

"The debate on the major factors contributing to Southeast Asian industrialization continues unabated. As might be expected, there is much at stake in this debate. The debate is largely ideological in nature and partly centers on the role and contribution of state interventions and other institutions in market processes in the context of late industrialization. At the risk of caricaturing the debate, on the one hand, one finds the dominant and more influential position held by those who blame the state for all that has gone wrong and credit the market for all that has turned out right; on the other hand, the minority statist extreme position basically credits most major economic achievements in East Asia to appropriate interventions by developmentalist states. While very few people would actually fully identify with either of these caricatured extremes, much of the discussion actually gravitates around either of these poles. "