Taking a conceptual approach, this book studies the economic development of the four East Asian economies since 1950. The author summarizes and reconsiders many of the arguments and findings that supported and explained the economic 'miracles' of Hong Kong, Singapore, Taiwan and South Korea, analysing the relationship between economic development, growth and political economy.
This pioneering book will stimulate further analysis of East Asian development. It will be of essential interest to scholars in East Asian economics, and all those interested in modern economic development.

chapter 1|19 pages

Economism and Development

chapter 3|27 pages

Growth, Inequality, and the Survival Cost

chapter 4|32 pages

Economic Fertilizer and the Government

chapter 5|38 pages

The External Dimension

A Necessary Condition

chapter 7|23 pages

Economism and Political Regimes

chapter 8|29 pages

The Asian Financial Crisis

chapter 9|31 pages

A Challenge to Economism

Hong Kong's Sovereignty Reversion

chapter 10|8 pages

Asia Is No Miracle