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.

part |18 pages

Theoretical perspectives

chapter |7 pages


The East Asian Development Model
ByShiping Hua

part |79 pages

The Republic of Korea

chapter |23 pages

The use of nationalist ideology in the economic development of South Korea

Implications for the East Asian Development Model
ByChangzoo Song

chapter |33 pages

Democratic development and authoritarian development compared

South Korea *
ByHyug Baeg Im

chapter |21 pages

Japan–South Korea economic ties

Stability and growth through discord
ByTerence Roehrig

part |55 pages


chapter |20 pages

The development of Japan's developmental state

Stages of growth and the social costs of energy and export promotion policies
ByBrian Woodall

chapter |15 pages

A tale of two capitalisms

Developmentalism, neoliberalism, and the Japanese postal system
ByPatricia L. Maclachlan

chapter |18 pages

The political economy of digital television transition in Japan and the United States

How well can a coordinated market economy solve a coordination problem?
ByHenry Laurence

part |98 pages

The People's Republic of China

chapter |18 pages

China's development path

Joys and worries
ByWeixing (Mark) Chen

chapter |22 pages

Two models of economic development in China

ByKate Zhou, Stephen Zierak

chapter |17 pages

Rule by virtue, the mass line model, and cadre–mass relations

ByJohn Kennedy, Shi Yaojiang

chapter |19 pages

Beyond win–win

Rethinking China's international relationships in an era of economic uncertainty 1
ByBrantly Womack