ABSTRACT
Given the impressive growth in East Asia after World War II, initially led by Japan, the region's development models have been scrutinized since the 1980s. The shared Confucian cultural heritage, strong government guidance, and export led economies were often cited as contributors to the impressive growth. However, major changes have taken place in Asia on and around the turn of the century: Japan experienced two decades of economic slow-down, while World Bank figures reveal that China is poised to become the largest economy in the world in 2014, overtaking the United States.
Bearing this in mind, is it even possible to formulate an East Asian development model in the context of a shifting twenty-first century? And if so, what is it? This book addresses this issue by looking at the economic, political and cultural perspectives of China, Japan and South Korea, focusing on dynamism and potential consensus regarding an East Asian development model. The chapters offer a historical background to the East Asian development model, as well as in-depth case studies of each of the countries concerned to show that whilst the East Asian development model does have distinct characteristics as compared with other areas, and other countries may draw some insights from the East Asian experience, it is not a panacea that fits all circumstances and fits all times.
This book will be welcomed by students and scholars of Asian economics, Asian politics, international political economy and development studies.
TABLE OF CONTENTS
part |18 pages
Theoretical perspectives
part |79 pages
The Republic of Korea
chapter |23 pages
The use of nationalist ideology in the economic development of South Korea
part |55 pages
Japan
chapter |20 pages
The development of Japan's developmental state
chapter |15 pages
A tale of two capitalisms
chapter |18 pages
The political economy of digital television transition in Japan and the United States
part |98 pages
The People's Republic of China